14 January 2022

S&P upgraded Delta to a “BB+” rating

Delta Air Lines reports financial results for the December quarter and full year 2021

For the fourth quarter 2021 Delta reported adjusted pre-tax income of US$170 million, excluding a net impact of US$564 million primarily in equity method losses, mark-to-market adjustments on investments and special profit-sharing payment. Adjusted operating revenue of US$8.4 billion, which excluded third-party refinery sales, was 74% recovered versus December quarter 2019 on capacity that was …

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Spairliners and Collins Aerospace in Poland agree to new evacuation slide repair contract

Collins Aerospace in Wroclaw, Poland has been awarded a first-time support agreement for evacuation slides by Spairliners, an independent component aftermarket service provider specialized in the support of the E-Jet aircraft family. Under the agreement, Collins will provide full test and inspection of evacuation systems, as well as repair, modification and replacement services. The operational …

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CDB Aviation names Michelle Wu Head of Commercial, Greater China

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has appointed Michelle Wu as Head of Commercial, Greater China. Wu joins CDB Aviation from GECAS, where she spent a more than two-decades career holding various executive roles focused on executing marketing efforts and nurturing key airline relationships in the …

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Swissport acquires Aruba’s aviation ground services

At the beginning of this year, Swissport has finalized the acquisition of AGS Aviation Ground Services in Aruba and assumes the Dutch Caribbean company’s ground handling operations at Queen Beatrix International Airport in Oranjestad (AUA). With the acquisition of AGS Aviation Ground Services, a ground handling services company first incorporated in Aruba in 1991, Swissport …

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American Airlines and Aer Lingus launch new codeshare agreement

Travelling between the United States and Ireland, also known as the Emerald Isle, will be simple, easy and more convenient for customers as American Airlines and Aer Lingus have launched their codeshare agreement. To increase connectivity between the US and Europe for customers, American will place its code on Aer Lingus flights between London Heathrow …

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FL Technics partners with SETAERO to deliver tailor-made solutions for aircraft parts and materials

A new partnership agreement was signed between FL Technics, a global independent MRO service provider and SETAERO, a leading organization providing repair services for aircraft parts and composites. The scope of the agreement covers advanced maintenance and repair services integrated with a vast network of FL Technics’ asset trading and management, forming a unique portfolio …

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Aerovista secures two A321-200PCF conversions with 321 Precision Conversions

321 Precision Conversions, a joint venture between Aircraft Transport Services Group (ATSG) and Precision Aircraft Solutions (PAS), has released that Dubai-based lessor Aerovista has secured two A321-200PCF conversions. The two aircraft, MSNs 1451 and 1503, are scheduled to induct during Q1 and Q2 2023. “We are excited to have Aerovista as our latest A321-200PCF customer …

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