Israel Aerospace Industries (IAI) has signed an agreement to carry out passenger-to-freighter (P2F) conversions for Cargojet Canada’s Cargo Airline. The agreement was signed as a result of the growing global demand for cargo aircraft and includes the conversion of four B777-300ER aircraft and additional options in the future. IAI has recently signed a number of new …
IAI to convert four B777-300ER aircraft for Cargojet Read More »
Willis Lease Finance Corporation has reported first-quarter total revenues of US$68.8 million. For the three months ended March 31, 2022, aggregate lease rent and maintenance reserve revenues were US$53.0 million and spare parts and equipment sales were US$6.6 million. The company reported increased total revenues in the first quarter when compared to the prior-year period, …
Willis Lease Finance Corporation reports first-quarter pre-tax loss of US$27.7 million Read More »
Italy’s new national carrier, ITA Airways, has taken delivery of its first A350 aircraft, becoming the 40th operator of the type. The aircraft, which is on lease from ALAFCO, landed for the first time in Italy at Rome Fiumicino Leonardo da Vinci International Airport on Wednesday May, 11. ITA Airways’ A350 cabin is configured in …
Daher has completed the company’s total reimbursement of the €110 million French government guaranteed loan (Prêt Garanti par l’État, PGE) granted in June 2020, while also securing funding of €180 million from new American investors and from its banking pool. These two new operations illustrate the confidence of Daher’s financial partners in the company’s management …
Ryanair has announced a new winter maintenance agreement with UK MRO provider, STS Aviation Group, which will see the airline undertake two lines of heavy maintenance at its modern MRO facility in Birmingham. Ryanair’s fleet will grow to over 600 aircraft over the coming years and this agreement will ensure that the airline has flexibility …
Ryanair signs winter maintenance agreement with STS Aviation Group Read More »
Relaunched Tunisian carrier, Syphax Airlines, has signed up for Rusada’s airworthiness, MRO and flight operations software, ENVISION. Syphax Airlines, based out of Sfax–Thyna International Airport, plans to commence flights this summer using a fleet of Boeing 737-800s. The airline will operate passenger flights to multiple destinations in Africa and Europe, with a view to continually …
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has appointed Tim Isik as Vice President – Commercial. Based at Etihad Cargo’s headquarters in Abu Dhabi, Isik will oversee the carrier’s global commercial operations. Isik joins Etihad Cargo from American Airlines, where he gained over a decade of experience working within the aviation …
Etihad Cargo appoints Tim Isik Vice President – Commercial Read More »
Brazilian airline Gol Linhas Aereas Intellegentes SA (Gol) and Columbia carrier Avianca have announced they are coming together under one umbrella in the form of a holding company named the Abra Group. While the two companies will remain independent, their combination will make them one of South America’s largest carriers that would be a match …
Gol and Avianca to combine under umbrella of holding company Read More »
