August 29, 2018

Laudamotion doubles fleet size as Ryanair secures 75% stake in Austrian carrier

EU regulators recently gave Ryanair the go-ahead to buy 75% of Laudamotion, in which it intends investing €100 million. As a result, Austria-based Laudamotion confirmed on Wednesday, August 29, that it will acquire nine new Airbus A320 aircraft next summer, doubling the size of its fleet to 18. According to the Ryanair website, changes and […]

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CIB Leasing converts CRJ Series order to add five 90-Seat Q400

Aircraft & Engines / Leave a Comment

Bombardier Commercial Aircraft and Industrial Bank Financial Leasing Co., (CIB Leasing) have agreed to convert a previously announced order for 10 Bombardier CRJ Series aircraft to five 90-seat Bombardier Q400 turboprops, and five Bombardier CRJ900 regional jets. “As we work alongside CIB Leasing to explore market opportunities for regional fleet growth and network expansion in

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Finnair continues strong growth in Asia with additional frequencies for summer 2019

Airlines & Routes / Leave a Comment

Continuing its strong growth in key Asian markets, Finnair has announced it will be adding frequencies on many popular Asian routes for next summer, including double-daily flights to Hong Kong and additional flights to Japan. Finnair will add flights on several of its Japanese routes, increasing its capacity to Japan by 15% for the summer

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Virgin Australia converts 10 orders for 737 MAX 8 to MAX 10 variant

Aircraft & Engines / Leave a Comment

The Virgin Australia Group is adding the largest and most efficient member of the 737 MAX family to its growing single-aisle fleet. The carrier has converted ten orders for the 737 MAX 8 for the larger MAX 10 variant. The airline, which has a number of 737 MAX 8s on order, said it saw the

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Italian airline Topjets Worldwide chooses OASES

Other News / Leave a Comment

New Italian scheduled airline, Topjets Worldwide, has chosen OASES, an industry-leading MRO IT system from Commsoft, to support its planned operations. Currently in the process of submitting its CAME for approval by the airworthiness authorities, Topjets Worldwide has recently acquired an ex-Etihad Airbus A340-642 for use on long haul flights from Northern Italy to India

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Chinese insurance and finance group Ping An new strategic partner for AviaAM Financial Leasing China

Financial / Leave a Comment

AviaAM Leasing, a global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China Co., has gained a new strategic partner. It is insurance and finance group Ping An Insurance (Group) Company of

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Vitaly Saveliev re-elected as CEO of Aeroflot

People / Leave a Comment

The Board of Directors of PJSC Aeroflot has re-elected Vitaly Saveliev as CEO for a term of five years. The appointment was approved on August 28, 2018 at a meeting of the Board of Directors chaired by Mikhail Poluboyarinov, pursuant to a Directive from the Russian government. Vitaly Saveliev has led Aeroflot since his appointment

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Boeing predicts Asia Pacific region will command one-third of demand for pilots, technicians and cabin crew

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The Boeing 2018 Pilot and Technical Outlook has revealed the company expects the Asia Pacific region will account for of the global need for pilots, 34 percent for technicians, and 36 percent for cabin crew over the next 20 years, coupled with the greatest demand for new civil aviation personnel. It also predicts that 40%

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