November 7, 2022

China Eastern and China Southern sign extended Fleet Hour Agreement with IAE for 100 P&W V2500 engines powering 50 Airbus A320ceos

China Eastern Airlines (China Eastern) and China Southern Airlines (China Southern), two of China’s largest carriers, have signed maintenance support contracts at the China International Import Expo 2022. The agreement will cover engine and component MRO including spares support as well as diagnostics and engine monitoring for over 100 Pratt & Whitney V2500 engines that […]

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FAI Aviation Group anticipates record sales for 2022

Financial

FAI Aviation Group, one of the leading global providers of mission-critical aviation services anticipates record sales across the business for 2022, with consolidated group revenues of more than €120 million (£104 million). Revenues for charter and MRO have each increased by more than 30% compared with the same time last year. This latest news comes as

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NAC executes purchase-and-lease-back agreement for two A321neos and two ATR72-600s with IndiGo

Aircraft & Engines

Nordic Aviation Capital (NAC) has confirmed that it has executed a purchase-lease-back agreement for two A321neos and two ATR72-600s with IndiGo. IndiGo is India’s largest passenger airline serving 74 domestic and 26 International destinations.

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Air New Zealand launches ambitious programme for zero-emissions aircraft

Other News

Air New Zealand has announced Mission Next Generation Aircraft – an accelerator programme to progress two ambitious goals: firstly, to fly its first commercial demonstrator flight from 2026 and secondly to begin replacing its Q300 domestic fleet with a more sustainable aircraft – likely green hydrogen or battery hybrid systems – from 2030. These goals follow the

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Gulfstream delivers G600 to Thrive Aviation

Aircraft & Engines

Gulfstream Aerospace Corp. today announced it has delivered a Gulfstream G600 to private jet charter company Thrive Aviation. The addition of the next-generation Gulfstream aircraft marks Thrive’s expansion into the long-range, on-demand private charter market. This G600, designed and built in Gulfstream’s advanced manufacturing facility at its worldwide headquarters in Savannah, was outfitted at Gulfstream’s

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Willis Lease Finance Corporation reports third-quarter pre-tax income of US$8.4 million

Financial

Willis Lease Finance Corporation has reported third-quarter total revenues of US$76.9 million and pre-tax earnings of US$8.4 million. For the three months ended September 30, 2022, aggregate lease rent and maintenance reserve revenues were US$60.0 million and spare parts and equipment sales were US$7.0 million. The company reported increased total revenues in the third quarter

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Rex regional pilots agree on new enterprise agreement

Airlines & Routes

Rex has reported that its regional pilots have endorsed a new industrial agreement with the airline, the third key workforce group to have done so in the last two months. A staggering 86% of the pilots, who operate Rex’s fleet of 61 Saab 340 turboprop aircraft to 58 regional destinations Australia-wide, voted in favour of

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Sabre and THAI Smile implement distribution agreement

Other News

Sabre Corporation has announced the implementation of a distribution deal with THAI Smile, to support the hybrid carrier’s growth strategy. Joining Sabre’s global marketplace will enable THAI Smile to enhance its geographic reach and target new leisure and corporate traveller segments, while providing travel agents with increased options to create optimal experiences for their

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