In a remarkable course of events, airline passengers affected by the bankruptcy of Air Berlin subsidiary Niki, now have a greater chance of recouping their €1.2 million (US$1.45 million) in open claims. As a result of a successful appeal lodged by passenger rights advocate Fairplane, bankruptcy proceedings surrounding Niki have now been moved to Austrian …
Consumer Advocacy Sees Niki Bankruptcy Moved to Austrian Courts Read More »
WestJet Encore and WestJet Encore Cabin Crew Members (CCMs) have reached an evergreen agreement. The agreement was designed to address key concerns and feedback collected and brought forward by the WestJet Cabin Crew Association (WCCA) representing WestJet Encore CCMs. The agreement covers work rules, compensation, including guaranteed minimum hours, and career progression and guarantees and …
WestJet Encore reaches unique agreement with cabin crew members Read More »
Precision Aircraft Solutions continues to ramp up its conversion activities with three, B757PCF’s redelivered last month. These customers include SF Express and YTO with its very first redelivery from Precision. Conversion of the 757-200 aircraft, MSN 29423 was performed at Flightstar in Jacksonville, FL., MSN 29217 was performed at HAECO Xiamen in China and MSN …
Precision redelivers three conversions in December 2017 Read More »
The first structurally complete airframe for the new BelugaXL rolled out from its assembly hangar in Toulouse, France this month. Once operational, a fleet of these next-generation airlifters will be used to transport completed sections of Airbus aircraft among the company’s European production sites and to its final assembly lines in France, Germany and Spain. …
First BelugaXL transporter rolls off assembly line Read More »
Avolon, the international aircraft leasing company, has issued an update for the 2017 fourth quarter. The aircraft leasing company has delivered 45 new aircraft and sold 44 owned and managed aircraft in the fourth quarter 2017. The company completed the US$10.4bn acquisition and integration of CIT’s aircraft leasing business. Avolon has increased its owned, managed …
International aircraft leasing company Avolon issues update for 2017 fourth quarter Read More »
TrueNoord, the regional aircraft lessor, has concluded the increase of an existing term financing facility with DVB bank for the purchase of a 2012 vintage Embraer E190 aircraft from Air Astana, which will continue to be operated by the airline under the terms of a sale-lease back transaction. This aircraft increases TrueNoord’s Embraer portfolio to …
TrueNoord closes sale-lease back with Air Astana for Embraer E190 aircraft Read More »
StandardAero has announced that it will cease operations at the company’s LAX-based Business Aviation repair station by the end of March, 2018. However, the company will continue to maintain mobile service capabilities in the Southern California region. After fully evaluating its ability to sustain LAX operations and in consultation with StandardAero’s owners, investors and board …
StandardAero to cease operations at LAX repair station by end of March Read More »
Mobil JetTM Oil 387, a synthetic High Performance Capability turbine engine oil, has been approved by Pratt & Whitney for use in its PurePower Geared Turbofan 1900G engines, which includes the PW1918G, PW1919G, PW1920G, PW1921G, PW1922G and PW1923G variants. PW1900G engines are designed to exclusively power Embraer’s E-Jet E2 E190 and E195 narrow body twin-engine …
Mobil Jet Oil 387 approved for Pratt & Whitney PurePower Geared Turbofan PW1900G engines Read More »
Ethiopian Cargo and Logistics Services, a division of the Ethiopian Airlines Group, has committed to lease the first two Boeing 737-800 freighters (737-800SF) converted by Aeronautical Engineers (AEI) from GECAS, with the first delivery expected in June of 2018, followed by a second in January of 2019. Ethiopian Cargo and Logistics provides airport–to–airport services across …
GECAS to lease Ethiopian Airlines the first two AEI-converted 737-800 Freighters Read More »
Dubai Aerospace Enterprise (DAE) has released that it completed the acquisition of AWAS, catapulting DAE into the top tier of global lessors. The company has lunched its inaugural ABS ‘Falcon 2017-1’ in February 2017 and sold the E notes to sophisticated US capital markets investors. DAE has issued its inaugural US$2.3bn benchmark bond in the …
Dubai Aerospace Enterprise reports 2017 key strategic and operational highlights Read More »
