15 March 2021

Virgin Atlantic to raise additional £160 million to further combat air travel crisis

Having received backing for a £1.2 billion rescue deal back in August 2020 which Virgin Atlantic claimed would secure its future for approximately 18 months, the struggling carrier has announced it is raising a further £160 million in new financing to help combat the effects of the global pandemic on demand for flights. It is […]

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First CFM-powered Airbus A321P2F aircraft delivered to Titan Airways

Titan Airways has taken delivery of its first passenger-to-freighter converted aircraft, a CFM56-5B-powered Airbus A321P2F. This delivery is the first of three Airbus A321 converted passenger-to-freighter aircraft on order. The U.K. airline is among the first carriers to operate the converted aircraft since the plane’s initial production in 2020. The aircraft is leased to Titan

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DAE will acquire a portfolio of Boeing 737-8, 737-9 and 737-10 aircraft from CALC

Boeing receives order for 24 737 MAX aircraft from investment firm 777 Partners

Boeing and private investment firm 777 Partners have announced an agreement to add 24 737-8 aircraft to the 777 Partners’ diverse aviation portfolio, with purchase rights for an additional 60 airplanes. The Miami-based company will place the single-aisle airplanes with its growing portfolio of low-cost carrier investments around the world. In addition to aircraft leasing,

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ATR Eastern Support Subsidiary appoints new Managing Director

ATR has appointed Alessandro Luzi as Managing Director of the company’s Eastern Support (AES) subsidiary, based in Singapore, effective as of March 1, 2021. Luzi joined ATR in 2008 as Cockpit and Cabin Design Engineer and has since developed with leadership roles as Head of Aircraft Interiors and Systems Installation and subsequently leading the development

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Alaska Airlines expands Pacific Northwest service with four new routes

Alaska Airlines continues to strengthen its Pacific Northwest connections with the announcement of four new routes, which includes linking Boise to Chicago O’Hare and Austin, and two new destinations from Seattle. On June 17, Alaska will begin daily nonstop service between Boise and Chicago, and between Boise and Austin. Both routes will be flown year-round

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