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United Airlines reports full-year and fourth-quarter 2016 performance

For the fourth quarter of 2016, total revenue was US$9.1bn, an increase of 0.2% year-over-year. Fourth-quarter 2016 consolidated passenger revenue per available seat mile (PRASM) decreased 1.6% and consolidated yield decreased 1.2% compared to the fourth quarter of 2015. This outperformance versus the company’s initial guidance was due to stronger close-in bookings and yields in […]

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Charles McDonald joins AerSale as Senior Vice President MRO Services

AerSale, a global supplier of aircraft, engines, and OEM (Original Equipment Manufacturer) used serviceable material, announced the addition of Charles McDonald as Senior Vice President MRO Services. McDonald will head AerSale’s MRO facilities in Roswell, New Mexico, as well as the company’s recently acquired MRO facility in Goodyear, Arizona.

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Anguish for relatives as search for missing flight MH370 called off

In a statement issued from Sydney on Tuesday January 17, Malaysian, Chinese and Australian authorities have confirmed that the deep-sea search for the missing Malaysia Airlines’ Boeing 777-200ER, flight MH370, has been terminated without any evidence to support any theories as to where the jet may have crashed. The final location of Flight MH370, which

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Magnetic MRO signs component maintenance agreement with airBaltic

Magnetic MRO, Estonian-headquartered Total Technical Care organization and long standing partner of airBaltic, the flag carrier of Latvia, have signed a new maintenance agreement in respect of the wheels & brakes of Q400 and the wheels of CS300. Due to the new and advanced technologies used to manufacture the CS300, the larger variant of Bombardier’s

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TrueAero successfully deployed US$250m in 2016

TrueAero, a diversified mid-to-end of life commercial aviation service provider, successfully deployed US$250m in 2016 acquiring both leased aircraft and whole assets. To support the increasing needs of its global customer base, the Company acquired in excess of 30 engines and airframes manufactured by Airbus, Boeing, CFM, GE, Pratt & Whitney, and Rolls-Royce.

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Precision Aircraft Solutions completes 28th conversion for DHL

Precision Aircraft Solutions has completed its 28th passenger-to-freighter conversion for the DHL global network. The conversion is also Precision’s 12th redelivery in less than a year to the DHL affiliate European Air Transport Leipzig. Conversion of the 757-200 aircraft, MSN 26275, was performed at HAECO Americas in Greensboro, NC.

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VAS Aero Services enhances State-Of-The-Art Seattle distribution and logistics center

VAS Aero Services, a global leader in aviation logistics and aftermarket services, announced upgrades and expanded capabilities for its Seattle distribution facility. The distribution and logistics center, a key component in the company’s partnership with The Boeing Company, supports VAS’s surging growth and strategic position in the Pacific Rim region. The VAS Seattle center integrates

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Aergo Capital, PK AirFinance and KDB provide four 737’s for Indonesian Airlines

Aergo Capital has announced PK AirFinance and the Korea Development Bank (KDB) as debt partners on four B737-900ER aircraft subject to leases with Sriwijaya Air (two aircraft) and Thai Lion Air (two aircraft). Financing on two 2015 vintage B737-900ER aircraft on lease to Sriwijaya Air (MSN 41712 & 41843) closed on 23rd of December 2016.

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AAR signs extended PBH contract with Bluebird Cargo

AAR has been awarded a contract extension for Bluebird Cargo’s fleet of five B737CL aircraft, which the aviation services company has been supporting since 2007. Based in Reykjavik, Iceland, Bluebird Cargo operates internationally, providing freight services via its extensive network and ACMI and Wet Lease services throughout Europe, Asia and North America.

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