27 June 2019

West Jet and Delta Air Lines obtain clearance from Canadian Competition Bureau for transborder joint venture

WestJet and Delta Air Lines have announced that their proposed U.S. – Canada transborder joint venture has received clearance under Canada’s Competition Act from the Canadian Competition Bureau. The CCB issued a no-action letter confirming that it does not intend to challenge the proposed joint venture agreement between WestJet and Delta Air Lines. Upon receipt […]

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Peach Aviation posts full year net loss of 193 million yen

Japanese low cost carrier Peach Aviation, has released its financial statement for fiscal 2018 (ended on March 31, 2019). Operating income totaled 60,409 million yen (previous year’s result: 54,740 million yen), operating profit was 4,136 million yen (previous year’s result: 5,793 million yen), and current net loss was 193 million yen (previous year’s result: net

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DAE signs new US$440 million unsecured revolving credit facility

Dubai Aerospace Enterprise (DAE) has signed a new long-term unsecured revolving credit facility with First Abu Dhabi Bank PJSC and HSBC Bank Middle East Limited as Bookrunners and Mandated Lead Arrangers. Following an oversubscription in syndication the Facility was closed at an amount of US$440 million with a group of 12 lenders. The Facility will

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Moscow Domodedovo Airport to join NetZero2050 commitment

Moscow Domodedovo Airport has become the first Russian airport to sign ‘NetZero2050’ resolution during the 29th ACI EUROPE Annual General Assembly. The initiative addresses global climate change. Within the frameworks of ‘NetZero2050’ resolution, 194 airports representing 24 countries across the globe have committed to reaching net zero carbon emissions by 2050. The initiative will lead

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Transport Canada Civil Aviation (TCCA) successfully completes audit of AJW Technique

AJW Technique, the maintenance hub for the AJW Group’s component repair and overhaul service, based in Montreal, has undertaken the Transport Canada Civil Aviation (TCCA) Process Inspection (PI) with zero findings and zero observations. In addition to a detailed review of the large number of work orders, the TCCA also audited the Oxygen Mask facility

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BOC Aviation delivers Boeing 737-800NG to Skymark Airlines

BOC Aviation has delivered the final Boeing 737-800NG aircraft from its orderbook. This marks an 18 year association with the Next Generation programme. During this period, the Company took delivery of 209 Boeing 737 Next Generation aircraft, including 161 737-800NG aircraft.  Today’s aircraft has been delivered to Skymark Airlines and will mark BOC Aviation’s ten

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