Having had talks with Airbus in March 2019 about a potential order for 100 A321s and thus create a dual Airbus-Boeing fleet of aircraft, Ryanair, the Irish low-cost carrier, has announced its intention to cancel any existing deliveries of Airbus aircraft, all of which would have been from leasing companies. As part of the U-turn, […]
Ryanair does U-turn and opts for all-Boeing fleet Read More »
The Av8 Group has completed its 10,000 ft² expansion at its Houston location. This will provide additional space for the company’s specialized service of landing gear and other component overhauls. The original facility occupied 20,000 ft² of space, and now with the added square feet will have a combined total of 30,000 ft², to service
The Av8 Group announces new facility expansion Read More »
Mesa Air Group reported second-quarter fiscal 2020 financial and operating results. Mesa’s second-quarter 2020 results reflect net income of US$1.9 million, compared to net income of US$13.2 million the previous year. Mesa’s pre-tax income was US$3.2 million, compared to US$17.3 million for the second-quarter of 2019. In addition, Mesa’s Adjusted EBITDA for the second-quarter was
Mesa Air Group posts US$1.9 million profit Read More »
IBA, the independent aviation consultant, has identified a number of aircraft types that are at greatest risk of being placed in storage, as the effects of Covid-19 drive aircraft oversupply and falls in fleet sizes, asset values and lease rates. Using data from IBA.iQ, the platform for aviation intelligence, IBA’s analysts have calculated that approximately
American Airlines has expanded its cargo schedule in May to provide 140 weekly flights to 15 cities in Asia Pacific, Europe and the Caribbean, up from 80 flights last week. New destinations include daily flights between Dallas-Fort Worth (DFW) and Hong Kong (HKG); and weekly flights from DFW and Beijing (PEK); DFW Chicago (ORD) and
American Airlines expands cargo operations Read More »
Embraer delivered a total of 14 jets in the first-quarter of 2020, of which five were commercial aircraft and nine were executive jets (five light and four large). As of March 31, the firm order backlog totaled US$ 15.9 billion. Historically, Embraer, seasonally, has fewer deliveries during the first quarter of the year, and in
Embraer delivers five commercial and nine executive jets in first-quarter 2020 Read More »
Air travel will gradually start to recover as travel restrictions are lifted. To make flying as safe as possible, Finnair is preparing to gradually grow passenger numbers with several new measures. “Now that air travel gradually begins to recover and passenger numbers start to grow, we want everyone to be able to fly with confidence”,
Finnair introduces new measures on board and the airport to protect health of customers Read More »
Vx Capital Partners (Vx) has announced the appointment of Sean Sullivan as its Chief Financial Officer. Sullivan, previously Head of Americas at AerCap, will oversee finance, accounting, and acquisitions. He will lead Vx’s efforts to raise private equity funds and expand its current focus on sale and leasebacks. Sullivan previously held senior positions at International
Sean Sullivan joins Vx Capital Partners as Chief Financial Officer Read More »
The Brussels Airlines management has presented its turnaround plan to the social partners. With the plan, the Belgian airline wants to pull the company out of the crisis that severely hit the financials of Brussels Airlines. At the same time, the airline focuses on structural profitability in order to enable solid growth. The carrier therefore
Brussels Airlines presents turnaround plan to pull out of crisis Read More »
