17 May 2022

SMBC Aviation Capital to acquire Goshawk Aviation for US$6.7bn – will create second-largest global lessor

Japanese-owned, Dublin-based lessor SMBC Aviation Capital has agreed to purchase similarly Dublin-based global aircraft lessor Goshawk Aviation for an enterprise value of US$6.7bn. The deal, once completed will create the largest Japanese-owned aircraft lessor and the world’s second-largest lessor by dint of total assets exceeding US$37 billion, including those aircraft that will be on its …

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Qatar Airways and Malaysia Airlines unveil enhanced strategic partnership

Qatar Airways and Malaysia Airlines have unveiled the roadmap outlining the next phase of their strategic partnership, following Malaysia Airlines’ announcement it is launching a non-stop service from Kuala Lumpur to Doha from May 25. The two partners will significantly expand their codeshare cooperation, allowing passengers to travel the world and enjoy seamless connectivity via …

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AEI to provide EGYPTAIR with its first B737-800SF freighter conversion

Aeronautical Engineers (AEI) has released that EGYPTAIR has signed a contract for an AEI B737-800SF freighter-conversion. The aircraft (MSN: 35560) is scheduled to commence modification in October 2022. Touch labour for the conversion and maintenance requirements will be accomplished by the authorized AEI Conversion Centre, Commercial Jet, in Miami, Florida. EGYPTAIR currently owns three Airbus …

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Chris Avery to join WestJet as Vice-President, Commercial Strategy

WestJet has appointed Chris Avery, as Vice-President, Commercial Strategy. Avery, a former WestJetter, will join WestJet’s senior leadership team effective immediately. Avery returns to WestJet following five years with Canadian North where he served as President and CEO from 2018 to 2022 and as Vice-President, Customer and Commercial from 2017 to 2018. During his time …

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Bamboo Airways selects Panasonic Avionics for wide-body IFEC systems

Panasonic Avionics Corporation (Panasonic Avionics) has announced an agreement with Bamboo Airways to provide its in-flight entertainment and connectivity systems (IFEC) for the Vietnamese airline’s wide-body fleet. Panasonic Avionics is installing its eX3 in-flight entertainment system on the airline’s Boeing 787-9 fleet, with the aircraft entering service on its intercontinental routes to Europe and Australia …

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JetBlue has revised its 2023 outlook, anticipating potential losses in the current quarter

JetBlue urges Spirit shareholders to ‘vote no’ on Frontier transaction

JetBlue has filed a “Vote No” proxy statement urging Spirit shareholders to vote against the inferior, high-risk and low-value Spirit/Frontier transaction at Spirit’s upcoming special meeting. In addition, JetBlue commenced an all-cash, fully financed tender offer to acquire all of the outstanding shares of Spirit for US$30 per share, without interest and less any required …

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