Delta is expanding its cargo-only flights between the U.S. and Asia, as demand for medical supplies continues to grow in the U.S. Beginning this week, Delta’s scheduled cargo operation will grow to daily-service with the addition of flights from Los Angeles, supplementing the Detroit service that launched March 30. The flights will operate daily to […]
Delta expands cargo-only flights between U.S. and Asia Read More »
Seabury Capital Group’s London- and New York-based Aerospace and Defense (A&D) Investment Banking teams assisted Hong Kong Aircraft Engineering Company Limited (HAECO Group), in the acquisition of Texas-based aero-engine maintenance provider, Jet Engine Solutions (JES). The acquisition marks HAECO Group’s debut in North America’s on- and near-wing, aero-engine market, forming part of HAECO Group’s strategy
Seabury Capital advises HAECO Group on acquisition of Jet Engine Solutions Read More »
Alaska Airlines and Horizon Air have agreed to general terms with the U.S. Treasury regarding their participation in the Payroll Support Program (PSP) under the Coronavirus Aid, Relief and Economic Security (CARES) Act. The program will provide Alaska and Horizon with a total of US$992 million, to be used exclusively for the cost of employee
Alaska and Horizon receive government-aid Read More »
Spirit AeroSystems (Spirit) the American airframe maker has announced that for the first quarter of 2020, it is likely to post a loss of US$160 million as opposed to a profit of US$163 million for the same period last year, generating approximately U$1.1 billion in first quarter revenue, down about 46% from U$2.0 billion for
Spirit AeroSystems warns of dire quarterly results amid COVID-19 pandemic Read More »
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, has added new members to its commercial team based in Fort Lauderdale, Florida. Jorge Garcia has joined as Senior Vice President and Alan Mangels as Vice President, with both executives expected to support ongoing outreach efforts to airlines and reinforce the lessor’s
CDB Aviation adds executives to Americas team Read More »
Emirates, in coordination with Dubai Health Authority (DHA), will be introducing additional precautions regarding the coronavirus. On April 15, all passengers booked on a flight to Tunisia were tested for COVID-19 before departing from Dubai. The quick blood test was conducted by the Dubai Health Authority (DHA) and results were available within 10 minutes. This
Emirates to conduct on-site rapid COVID-19 tests for passengers Read More »
Passenger traffic has reduced to a minimum due to the coronavirus pandemic, but Finnair’s air cargo is still operating during this exceptional period. This week, Finnair will fly more than ten return flights on its A350 aircraft to Tokyo Narita, Seoul, Osaka, Shanghai and Guangzhou. These cargo flights carry national emergency supplies to both Finland and Estonia, coronavirus samples from private healthcare provider Mehiläinen and critical supplies from other companies and organizations, as well as normal cargo, such
Finnair Cargo builds air bridge between Europe and Asia Read More »
Following on from the month of March where the world’s second-largest planemaker posted 150 MAX cancellations, which included 75 from Avolon, the Irish leasing company, April has now seen a further 75 cancellation. These include 34 of a 135-jet order from Brazil’s GOL. This is now the thirteenth month since the 737MAX was grounded following
Boeing sees further 75 cancellations for 737 MAX while production remains at standstill Read More »
