April 23, 2021

IndiGo acquires 14 Airbus Neos through purchase/leaseback agreements with GECAS

GE Capital Aviation Services (GECAS) has agreed a purchase/leaseback (PLB) arrangement for 14 LEAP-powered Airbus neo aircraft with IndiGo. The deal involves seven A320neo and seven A321neo aircraft which are scheduled to deliver between the fourth quarter of 2021 and mid-2022. GECAS has supported Indigo since the carrier’s inception in 2006 and it is currently …

IndiGo acquires 14 Airbus Neos through purchase/leaseback agreements with GECAS Read More »

Alaska Air Group posts first-quarter 2021 adjusted net loss of US$436 million

Financial

Alaska Air Group has reported a first quarter 2021 GAAP net loss of US$131 million, compared to a net loss of US$232 million n the first quarter of 2020. Excluding the impact of payroll support program wage offsets, special items and mark-to-market fuel hedge adjustments, the company reported an adjusted net loss of US$436 million, …

Alaska Air Group posts first-quarter 2021 adjusted net loss of US$436 million Read More »

Leonardo integrates Kopter’s SH09 into its helicopter portfolio as the AW09

Aircraft & Engines

One year after completing the acquisition of the Swiss Company Kopter Group (Kopter), Leonardo has welcomed the SH09 single-engine helicopter as a full member of its product range by rebranding it as the AW09. This step synergizes the two identities of Leonardo and Kopter. The AW09 perfectly complements the existing product range of Leonardo, allowing …

Leonardo integrates Kopter’s SH09 into its helicopter portfolio as the AW09 Read More »

Finnair to accept COVID-19 vaccination certificate as alternative to negative test result

Other News

Finnair will start accepting a COVID-19 vaccination certificate from the first vaccination dose as an alternative to a negative test result or a certificate of a previous COVID-19 infection, on Finnair flights to Finland from May 11, 2021. In line with the recommendation by the Finnish Institute of Health and Welfare, Finnair has, since late …

Finnair to accept COVID-19 vaccination certificate as alternative to negative test result Read More »

Aergo Capital acquires four ATR72-600 aircraft in transaction arranged by AELIS

Aircraft & Engines

Aergo Capital Limited (Aergo) has completed the acquisition of four 2014-15 Vintage ATR72-600 aircraft from a major international financial institution. The aircraft were acquired naked and in parallel, lease documentation is close to being agreed on a number of the units. Fred Browne, Chief Executive Officer of Aergo, commented: “This acquisition demonstrates Aergo’s flexibility and broad …

Aergo Capital acquires four ATR72-600 aircraft in transaction arranged by AELIS Read More »

StandardAero’s COE certified by Honeywell and Triumph Group to repair variety of helicopter and turboprop engine LRUs

MRO & Production

StandardAero’s Accessories Center of Excellence (COE), located in Hialeah, Florida, was recently certified by Honeywell Aerospace to perform OEM-approved repairs on a broad number of helicopter and turboprop engine line replaceable units (LRUs) and accessories. The license agreement includes repairs for Rolls-Royce M250 and Pratt & Whitney PT6T helicopter fuel controls and governors. In addition, StandardAero’s …

StandardAero’s COE certified by Honeywell and Triumph Group to repair variety of helicopter and turboprop engine LRUs Read More »

LHT Supervisory Board extends executive board mandate of Soeren Stark

People

At its meeting on April 22, the Supervisory Board of Lufthansa Technik appointed Soeren Stark as Chief Operations Officer (COO) and Accountable Manager of Lufthansa Technik for a further five years until December 31, 2026. Stark has been a member of the Executive Board since January 2019. He is responsible for technical operations, logistics and …

LHT Supervisory Board extends executive board mandate of Soeren Stark Read More »