After issuing a profits warning, citing fuel costs, weakening demand and currency woes as major contributors, Exeter-based Flybe has put itself up for sale, though a merger with another airline may not be out of the question. In March this year Dublin-based Stobart Air withdrew its bid for the regional carrier after months of negotiations, …
Sale of U.K.’s Flybe sparks interest from multiple directions Read More »
Touching down in Bremen, Germany for the first time on November 14, the BelugaXL will remain at this major Airbus site while performing loading and unloading tests as part of the airlifter’s validation and certification process. As the first of five upsized transporters to carry complete sections of Airbus aircraft from different production sites around …
GA Telesis (GAT) has appointed Eric Dollman as Vice President of its Leveraged Finance Group. Eric Dollman brings nearly 20 years of experience in the transportation finance and leasing sector to GAT. Dollman joins GA Telesis from Amur Capital Management, where he led the fixed and rotary-wing aircraft business for over four years. His previous …
GA Telesis appoints Eric Dollman, Vice President of Leveraged Finance Group Read More »
GKN Aerospace’s Fokker Techniek business has successfully completed its first A330 major maintenance project. The aircraft was delivered to Air Europa at the beginning of November, marking another milestone in the company’s long history as an aircraft MRO. Air Europa (Spain) has previously awarded heavy maintenance projects for its 737 narrowbody fleet to GKN Aerospace’s …
Avolon, the international aircraft leasing company, has announced the placement of fifteen Airbus A320neo aircraft with Vistara, one of India’s leading full-service carriers and a joint venture of Tata Sons and Singapore Airlines. Delivery of the aircraft will commence in June 2019 and continue up to August 2021. These are the first aircraft Avolon will …
Avolon places 15 Airbus A320neo aircraft with Vistara Read More »
Al-Qahtani Aviation, owner of SaudiGulf Airlines, has signed an agreement to purchase ten A320neo family aircraft. The commitment was announced today at the Bahrain International Airshow, which runs until the 16th November 2018. SaudiGulf Airlines currently operates a fleet of six A320 aircraft from its hub in Dammam. The carrier commenced operations in 2016 serving …
SaudiGulf Airlines to add ten Airbus A320neo family aircraft Read More »
Go2Sky of Slovakia has sold its remaining Boeing 737-400 aircraft, MSN 28882, to Air Vega Bulgaria. The aircraft was manufactured in 1997 and was previously operated by CSA Czech Airlines and Sky Airlines of Turkey. The sale was arranged by ISIS Aviation Services of Norwich, England acting as sole agent on behalf of Go2Sky. This …
Go2Sky phases out last Boeing 737-400 Classic aircraft Read More »
Triangle (Holdings) has released that through Falko Regional Aircraft Limited, it has established an aviation leasing company – Falko (Tianjin) Leasing Co. (Falko Tianjin) – in the Dongjiang Free Trade Port (DFTP) in Tianjin, China. This makes Falko Regional Aircraft Limited the first foreign regional aircraft lessor to set up a leasing business in the …
ATR has presented a product and market update in Tokyo at the occasion of the visit of its new CEO, Stefano Bortoli. Considering market and social-economic trends and developments, ATR estimates a need for around 100 turboprop aircraft up till 2025 to upgrade the existing fleet and especially open up new routes to respond to …
ATR estimates market of 100 regional turboprop aircraft for Japan up to 2025 Read More »
Dubai Aerospace Enterprise (DAE) has signed a new unsecured US$720 million revolving credit facility with a group of nine international banks based in US, Europe and Asia. The credit facility has a maturity of five years. Firoz Tarapore, Chief Executive Officer of DAE commented: “This new revolving credit facility will significantly boost our liquidity profile …
DAE signs new US$720 million revolving credit facility Read More »
