Santiago, Chile-based LATAM Airlines Group S.A. (LATAM), South America’s largest air transportation group, saw its Chilean stock exchange share value plummet by 85% on Friday on the announcement of a restructuring programme that would see shares heavily diluted, though this loss was pared back to 45% by the close of trading. The Group was proposing …
Air Lease Corporation (ALC) has announced the delivery of one new Airbus A321-200neo aircraft on long-term lease to China Airlines. Featuring Pratt & Whitney PW1133G-JM engines, this is the first of six new A321-200neos confirmed to deliver to the airline from ALC’s orderbook with Airbus. This aircraft is the first A321neo to deliver to China Airlines. “ALC …
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Nordic Aviation Capital (NAC) has confirmed that it has delivered one DHC8-400 aircraft, MSN 4155, to Flybe Ltd on lease. MSN 4155 will be the first of twelve NAC aircraft to join Flybe’s fleet. Dave Pflieger, CEO of Flybe Ltd, said: “We are extremely pleased to be partnering with NAC to take delivery of our …
The Board of Airline Representatives in Germany (BARIG) has welcomed a whole series of plans and projects that have been presented by the so-called “traffic light” parties in the coalition agreement for the new federal government in Germany. From the international airline association’s point of view, the agreement provides a basis for the further development …
TrueNoord, the regional leasing specialist, has finalised the delivery of an Embraer E190 aircraft to MAI (Myanmar Airways International). The aircraft, based at Yangon International Airport, will service domestic routes across Myanmar and regional destinations in Southeast Asia. The aircraft has been transitioned to MAI from previous TrueNoord lessee, Air Astana. Carst Lindeboom, Sales Director …
SAS has reported its fourth-quarter results, stating that customer demand continued to increase through the year’s last quarter and as a result, capacity increased 43% compared with the third quarter the previous year. Passengers flying with SAS increased 73% compared to the last quarter and the flown load factor reached approximately 60%, an increase of …
