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Joint venture airline AeroLogic to operate Boeing 777 freighters

Deucalion Capital VII Limited (“Deucalion”), a company advised and managed by DVB Bank AG, has purchased eight Boeing 777 Freighters for lease to AeroLogic, a new joint venture airline formed by Lufthansa Cargo and DHL Express. Valued at $2 billion at list prices, the eight 777 Freighters were ordered by Avion Group of Iceland in […]

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Virgin America and Revision3 partner to bring web-TV to the skies

Virgin America and Revision3, the Internet TV network built for the web generation, are partnering to bring original, cutting-edge web-based television programming to guests on the next generation carrier’s flights. Revision3 programming on Virgin America will make its debut this March and will be available on the airline’s flights to New York, San Francisco, Los

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Northwest Airlines selects SolArc for jet fuel management

SolArc, an innovative, market-focused software company with a proven solution that streamlines and automates the jet fuel supply chain, reported that Northwest Airlines will implement SolArc RightAngle for managing the jet fuel supply, logistics, accounting and price hedging for their domestic and international operations. Northwest Airlines will use SolArc RightAngle to manage jet fuel procurement,

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QantasLink awarded air service contracts for regional Queensland services

QantasLink had been awarded new Air Service Contracts by the Queensland Government. These contracts will allow QantasLink to continue to serve Western and Far North Queensland communities for a further five years. QantasLink recently invested $400 million in an additional 12 new Q400s which will allow the airline to upgrade capacity on key regional routes.

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Frontier's loss widens in 3rd quarter; to sell 4 Airbus aicraft

Frontier Airlines Holdings reported a consolidated net loss of $32.5 million for the Company’s third fiscal quarter ended December 31, 2007 compared to a consolidated net loss of $14.4 million for the same period last year. Included in the consolidated net loss for the quarter ended December 31, 2007 was a non-cash mark to market

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Cessna delivered record 387 business jets in 2007

Cessna Aircraft Company delivered 1,274 aircraft in 2007 – including first deliveries of four models: the newly acquired (from Columbia Aircraft) Cessna 350 and 400 single-engine pistons, the all-new Citation Mustang entry level jet and the upgraded Citation Encore+ business jet. During the year, Cessna delivered 387 business jets, 80 turboprops and 807 piston aircraft.

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