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BOC Aviation signs lease agreement for five new Airbus A321 aircraft with Juneyao Airlines

BOC Aviation has signed lease agreements for five new Airbus A321-200 aircraft with Juneyao Airlines. All five aircraft are scheduled for delivery to Juneyao in 2017. Juneyao Airlines is a subsidiary company of Shanghai Juneyao (Group), one of China’s Top 100 Private Companies. Shanghai is the operating and maintenance base of JuneYao Airlines whose hubs

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KLM signs agreement for AerData software and services

AerData, a Boeing Company, and KLM have signed an agreement for AerData’s Secure Technical Records for Electronic Asset Management (STREAM) and Engine Fleet Planning And Costing (EFPAC) software and managed services. AerData’s software and services improve efficiencies and enhance competitiveness for customers, including some of the world’s largest airlines, lessors and MROs. EFPAC is a

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Bristow Group enters into new US$200m equipment financings

Bristow Group and its subsidiaries has entered into two seven-year GBP denominated secured equipment financings for an aggregate US$200m equivalent with Lombard, part of The Royal Bank of Scotland. The proceeds from the financings will be used to finance eight search and rescue (SAR) helicopters being utilized for the SAR contract with the U.K. Department

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Brian Canniffe to become Head of Investor Relations at AirCap

AerCap Holdings N.V. has released that John Wikoff will be stepping down as Head of Investor Relations and transfer this position to Brian Canniffe, who will become Head of Investor Relations, based at AerCap’s office in Dublin. Brian has 20 years of experience in banking, lending and the capital markets. Brian’s most recent position was

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Decline in tourism numbers hits Q3 Air Berlin results

Air Berlin has posted a net loss of €45.6 million for its third quarter, 2016, blaming weak tourism demands. Earnings before interest and tax (EBIT), as well as restructuring costs, dropped 31% to €55.81 million. After factoring in restructuring costs, Air Berlin made a €17.3 million EBIT loss. Compared to the same quarter last year,

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Avcorp signs long-term- production contract with Fuji Heavy Industries

Avcorp Industries has been awarded a long-term production contract with the Aerospace Company of Fuji Heavy Industries (FHI), a tier-one supplier to major original equipment manufacturers (OEM) of commercial and defence aircraft around the world. Avcorp will produce complex composite structural components for FHI that will be assembled for the Boeing 787 center wing box.

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