The International Air Transport Association (IATA) has released global air cargo market data for May 2021 which reveals the continued trend for growth. Figures provided by the Association are compared to May 2019 as May 2020 figures were impacted by the effects of the COVID-19 pandemic. Global demand, measured in cargo ton-kilometers (CTKs), was up […]
IATA – May Air cargo up 9.4% compared to May 2019 Read More »
AerCap Holdings (AerCap) has announced its major business transactions during the second quarter 2021: AerCap signed lease agreements for 51 aircraft, including 13 wide-body aircraft and 38 narrow-body aircraft. The company purchased 15 aircraft, including ten Airbus A320neo-family aircraft, four Boeing 737 MAX aircraft and one Embraer E2 aircraft. AerCap executed sale transactions for 12
AerCap leased, purchased, and sold 78 aircraft in second quarter of 2021 Read More »
The aerospace industry in Hamburg is preparing for flying with hydrogen. Therefore, the starting signal has now sounded for the set-up of a new development platform. Over the next two years and with funds provided by the city of Hamburg, Lufthansa Technik, together with the German Aerospace Center (DLR), the Center for Applied Aeronautical Research
Hamburg makes aviation fit for hydrogen Read More »
GA Telesis, LLC (GAT) has announced the signing of a repair management agreement with Air Astana, the flag carrier of Kazakhstan. The agreement covers repair services for spare parts, components, and tooling in support of the Air Astana fleet, which encompasses Boeing 767, Airbus A320/A321, and Embraer E-190 aircraft types. The agreement is a supplemental
GA Telesis signs repair management agreement with Air Astana Read More »
Blueberry Aviation, the specialist aircraft trading and management company, has further expanded its team with the appointment of Toshiyuki Takada as Senior Consultant Japan, based in Tokyo. Toshiyuki has over 30 years’ experience in commercial aircraft finance, leasing, and trading. He worked for NatWest for eight years and spent the following 25 years working for
Blueberry Aviation expands team with appointment of Toshiyuki Takada Read More »
Deutsche Lufthansa AG has again successfully issued a bond with a total volume of €1 billion. The bond, with a denomination of €100,000, was placed in two tranches with a term of three and eight years respectively, and a volume of €500 million each: the tranche with a term until 2024 bears interest at 2.0%
Lufthansa Group secures further liquidity on capital market Read More »
MTU Maintenance, a global market leader in customized solutions for aero engines, has delivered the facility’s 9,000th engine, a CFM56-7B from the Saudi Aramco fleet. Saudi Aramco is the largest listed, state-owned petroleum and natural gas company based in Saudi Arabia. The company has been sending CFM56 engines to MTU Maintenance since 2004 and relies on
MTU Maintenance Hannover delivers facility’s 9,000th engine to Saudi Aramco Read More »
Dubai Aerospace Enterprise’s leasing division DAE Capital has signed agreements to sell nine narrow- and wide-body aircraft with a total market value of approximately US$500 million. The aircraft sales are all expected to close in 2021. Firoz Tarapore, Chief Executive Officer of DAE commented “The post-pandemic market for trading aircraft assets is robust. These transactions
DAE Capital signs agreements to sell nine narrow- and wide-body aircraft Read More »
