22 January 2018

Fuel prices rise but major airlines have no hedging plans

Commenting at the Airline Economics Conference in Dublin on Monday, January 22, four of the major carriers, Delta Air Lines, American Airlines, United Airlines and Dubai-based Emirates, confirmed they will not be hedging fuel bills, despite a recent rise in the cost of oil. For the first time in three years, the global Trent benchmark […]

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Lufthansa Technik extends Boeing 737 MAX capabilities

Starting mid-2018, Lufthansa Technik will start connectivity modifications on several Boeing 737 MAX aircraft of an undisclosed airline customer at its overhaul facility Lufthansa Technik Budapest. The five-day modification includes the installation of a broadband antenna on the aircraft’s external structure, together with cabling, hardware and software installation in the aircraft cabin. Following the modification

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Cicero Group appoints Robert O'Reilly to lead new office in Dublin

Cicero Group has appointed Robert O’Reilly to lead its new office in Dublin. O’Reilly brings a wealth of experience having advised the previous two UK Ambassadors to Ireland on Irish politics, business engagement, economics and trade policy. He is a trained Barrister in Ireland and the British Virgin Islands and has acted as legal consultant

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Aergo Capital delivers two new A330-300 aircraft to South African Airways

International aircraft leasing company Aergo Capital has acquired two A330-300 aircraft (MSN 1779 and MSN 1792) from Airbus Financial Services. Both aircraft are on long term operating leases with South African Airways and take Aergo Capital’s current portfolio to 42 aircraft. Commenting on the transaction, Fred Browne, CEO, Aergo Capital said, “We are delighted to

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Newbow Aerospace secures order from Flybe

Newbow Aerospace, a leading design, manufacturer and supplier of Ground Support Equipment to the aviation industry, has received a firm order from regional airline Flybe, for a significant number of its 2-bottle ‘easy-load’ Nitrogen service carts. The order for eleven ‘easy-load’ nitrogen service carts and additional charging systems will be supplied to Flybe to support

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Magnetic MRO becomes SAS’ heavy maintenance partner for fleet of A320Neo

Magnetic MRO, a Total Technical Care maintenance and asset management organisation, signed a contract with Scandinavian Airlines (SAS) to become their heavy maintenance partner for A320Neo aircraft – which is accepted as the future backbone of SAS narrow-body fleet. Under the new agreement, Magnetic MRO will take care of SAS’ fleet of A320Neo with Leap-1A

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Airbus Helicopters delivers 409 helicopters in 2017

Airbus Helicopters has delivered 409 rotorcraft and logged gross orders for 350 helicopters (net: 335) in 2017, with a strong commercial performance on the heavy and super-medium segments. The company booked 54 orders for helicopters of the Super Puma family and 19 orders for the super-medium H175, confirming those types as best-sellers on their respective

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