June 13, 2019

Southwest Airlines to remove MAX from flight schedule through September 2

Southwest Airlines had to reschedule its flight plan for the 737 MAX again. In April the carrier revised its flight schedule by removing the MAX through Aug. 5, to offer reliability to its operation and stability for its customers during the busy summer travel months. With the timing of the MAX’s return-to-service still uncertain, Southwest […]

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Mitsubishi MRJ to be renamed SpaceJet

Aircraft & Engines, Top Stories

12 years after the Mitsubishi Heavy Industries’ (Mitsubishi) MRJ program was unveiled to the world, the Japanese plane manufacturer has announced that the name of the program is to change from Mitsubishi MRJ (Mitsubishi Regional Jet) to Mitsubishi SpaceJet in what the company describes as a move to “redefine the business of regional travel.” The

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Lufthansa Group Airlines welcome 13 million passengers on board in May

Traffic

Lufthansa Group airlines welcomed around 13.2 million passengers in May. This shows an increase of 2.8% compared to the previous year. Capacity for May was up 3.5% over the previous year, at the same time, traffic increased by 5.7%. In addition as compared to May 2018, the seat load factor increased by 1.7 points to

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AerCap announces new share repurchase program of US$200 million

Financial

AerCap’s Board of Directors have approved a share repurchase program authorizing total repurchases of up to US$200 million of AerCap ordinary shares through December 31, 2019. Repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable U.S. federal securities laws. The timing of purchases and the

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Revima turns to IFS to deploy best-practice aviation MRO processes globally

Information Technology

Revima, a leading independent aviation MRO solutions provider, has selected IFS Applications 10 to drive Revima’s international expansion and support its complex maintenance operations. Propelled by strong growth, Revima is currently in the process of establishing a new, ultra-modern MRO facility in Thailand. The 130,000-ft² site will become operational in early 2020 and will provide

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Boeing to build MH-47G Block II Chinooks for Special Ops

Military & Defense

Boeing will build next-generation MH-47G Chinooks for the U.S. Army Special Operations Aviation Command. The Block II configuration will enhance the Army’s ability to safely carry out the most challenging missions around the world. The US$194 million contract is for a second lot of MH-47G Block II aircraft, to be delivered starting in 2021. Block

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Airbus hands over first A350 XWB to JAL

Aircraft & Engines

Airbus has handed over the first A350 XWB to Japan Airlines (JAL) at its headquarters in Toulouse, France. This is the first aircraft produced by Airbus for the Japanese carrier, which has ordered 31 A350 XWB aircraft, comprising 18 A350-900s and 13 A350-1000s. JAL will initially operate the A350-900 on high frequency domestic routes, while

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SAS to fly new A350 from January 2020

Airlines & Routes

On January 28, 2020, the first of eight new SAS Airbus A350 will officially enter into long-haul service between Copenhagen and Chicago, one of the most popular SAS routes. The A350 will be based at the SAS hub at Copenhagen Airport and will operate on seven routes during the first year, including Chicago, Beijing, New

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Daher acquires Quest Aircraft Company

Financial

Daher, producer of the TBM family, is taking a major step in developing the company’s airplane manufacturing business with the planned acquisition of Quest Aircraft Company, based in Sandpoint, Idaho, USA, which builds the Kodiak 100. Through this major acquisition, Daher is enhancing its presence in the general and business aviation segment by offering a

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Willis Lease Finance expands US$890 million revolving credit facility to US$1.0 billion

Financial

Independent jet engine lessor Willis Lease Finance has expanded its US$890 million revolving credit facility to US$1.0 billion. The facility has a 5-year term and is structured with the flexibility to support WLFC’s growing business. Willis Lease and its subsidiaries will use the expanded credit facility to continue growing its lease portfolio, which included nearly

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Southwest Airlines to remove MAX from flight schedule through September 2

Mitsubishi MRJ to be renamed SpaceJet

Lufthansa Group Airlines welcome 13 million passengers on board in May

AerCap announces new share repurchase program of US$200 million

Revima turns to IFS to deploy best-practice aviation MRO processes globally

Boeing to build MH-47G Block II Chinooks for Special Ops

Airbus hands over first A350 XWB to JAL

SAS to fly new A350 from January 2020

Daher acquires Quest Aircraft Company

Willis Lease Finance expands US$890 million revolving credit facility to US$1.0 billion

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13 June 2019

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