22 January 2019

Lufthansa Group makes multi-million-dollar investment in AI Partnership with Hopper

Finalizing their third technology-related investment within a year and after investing in Fleet Logistics and cargo.one. startups, Lufthansa Group and the Lufthansa Innovation Hub have now invested heavily in a research alliance with Hopper which will be focussed on the subject of artificial intelligence. The two companies are looking to establish a long-term collaboration involving

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Weston Aviation FBO open for Business at Gloucestershire Airport

Weston Aviation, the UK and Ireland based FBO and Business Aviation specialist have commenced operations and launched a new Business Aviation Centre and FBO at Gloucestershire Airport (EGBJ/GLO). The new facility and service officially opened its doors on the January 7, 2019 and the FBO has already welcomed a number of visiting aircraft and crews.

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GA Telesis Board appoints Norman Liu as Independent Director

GA Telesis’ Board of Directors will appoint Norman C.T. Liu as an Independent Board Member effective February 1, 2019. Liu brings over 35 years of experience in aviation financing, infrastructure investing and investment banking. He is the former Chairman, President and CEO of GE Capital Aviation Services (GECAS), a world leader in commercial aircraft leasing

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Elevate Capital Partners successful completes third aircraft transaction

In June 2018, Elevate closed on its first transaction, wherein it arranged, structured and managed the lease return of a Boeing 767-300ER (MSN 25449) from American Airlines, and subsequent induction into IAI Bedek (Tel Aviv) for cargo conversion on behalf of a major financial institution. The freighter conversion was completed in December 2018 and the

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British Airways to paint aircraft with much-loved designs from airline’s history

As part of its 100-year birthday, British Airways will be painting four of its aircraft in much-loved retro designs from across its past, with the first confirmed as a Boeing 747 in a British Overseas Airways Corporation (BOAC) design. The livery from the 1964 – 1974 BOAC era will adorn a B747, reg: G-BYGC. The

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Asia Pacific Airlines acquires third 757-200 for PCF conversion

Asia Pacific Airlines has acquired B-757-200, MSN 25140. The acquisition was arranged by Aerolease Aviation and the asset has entered conversion at Flightsar Aviation in Jacksonville, FL with re-delivery expected in 120 days. The aircraft will return to service after conversion and will be joining two other Asia Pacific 757-PCF’s converted by Precision and operating

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easyJet reports £10 million cost impact of the drones at Gatwick

easyJet has delivered a good performance in the quarter with robust customer demand driving passenger and ancillary revenue which is in line with expectations. Underlying revenue per seat was positive, including good ancillary revenue growth. This was offset, as expected, by the impact from last year’s one-off revenue benefits, the dilutive impact of flying at

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