7 May 2019

Lufthansa makes non-binding offer for Thomas Cook’s Condor

As part of its continued growth strategy, Germany’s largest commercial airline, Lufthansa, has made a non binding offer for U.K. travel giant Thomas Cook’s offshoot carrier Condor. According to a Lufthansa spokesperson: “We have made a non-binding offer for Condor, with the option of extending it to all Thomas Cook airlines.” Thomas Cook has been […]

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Willis Lease Finance reports quarterly pre-tax profit of US$27.8 million

Willis Lease Finance Corporation has reported pre-tax profit of US$27.8 million and total revenues of US$103.8 million in the first quarter of 2019. The Company’s first quarter 2019 pre-tax results were driven by continued revenue growth in the core leasing business, an increase in trading activity and continuing spare parts sales. Aggregate lease rent and

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Bombardier sells five Learjet 75 aircraft to undisclosed customer

Bombardier has reported that an undisclosed customer has purchased five Learjet 75 aircraft. The transaction is valued at approximately US$69 million dollars based on 2019 list prices. This latest announcement follows the landmark achievement Bombardier’s fleet of Learjet aircraft set earlier in 2019, when the fleet surpassed the 25 million flight-hour mark, adding yet another

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StandardAero’s Gonesse, France, facility renews PW100 and PT6A DOF licenses

StandardAero’s engine MRO facility in Gonesse, France, is enjoying a strong start to 2019, with new capabilities and additional hires. The Gonesse facility, which is located mid-way between Le Bourget and Roissy Charles de Gaulle Airport in Paris, last month renewed its Pratt & Whitney Canada Designated Overhaul Facility (DOF) licenses for the PW100 and

StandardAero’s Gonesse, France, facility renews PW100 and PT6A DOF licenses Read More »

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