Universal Asset Management, announced the acquisition of multiple aircraft in recent months. The company added an ex-American Airlines A320-200, ex-British Airways Boeing 767-300ER, and ex-Onur Air A321-200 to its portfolio with 4 additional deliveries expected in the next 30 days. UAM is a global aviation services company with nearly three decades of commercial and technical […]
UAM announces aircraft transactions Read More »
AAR has signed a long-term agreement with Polish charter carrier Enter Air to provide full power-by-the-hour (PBH) component inventory management and repair services on 19 Boeing 737-series aircraft, including the 737CL and NG. AAR will assume responsibility for nose-to-tail management of components and repairs on the fleet for Enter Air, a low-cost carrier based in
AAR expands reach in Europe with Enter Air PBH support contract Read More »
On August 29t, new rules came into effect which now allow commercial drone pilots to operate without a full pilot’s license and case-by-case permission. Instead they now just need to pass a certification test, while agreeing to abide by certain regulations. The change in legislation is known as the Small UAS Rule and was first
Regulations simplified for commercial drone pilots Read More »
Embraer has signed an agreement for up to five E190s with Colorful Guizhou Airlines, including two firm orders and three purchase rights. The firm order will be included in Embraer’s 2016 third-quarter backlog. The contract has an estimated value of US$249m at the current list price, if all purchase rights are exercised. The two aircraft
Embraer signs sales agreement with Colorful Guizhou Airlines for up to five E190s Read More »
Lease Corporation International (LCI), the aviation division of the Libra Group, has appointed Christopher Grainger to the role of Vice President Marketing for the EMEA region. Mr. Grainger joins LCI with 30 years’ experience in the civil helicopter industry and was previously Vice President of Oil & Gas Sales for Airbus Helicopters. During his career,
LCI appoints Christopher Grainger to lead EMEA Marketing position Read More »
The International Air Transport Association (IATA) announced that Alexandre de Juniac has officially taken on the role of Director General and CEO of the organization. He succeeds Tony Tyler, who served as IATA DG and CEO since 2011 and had announced his retirement. De Juniac was confirmed by the 72nd IATA Annual General Meeting this
Alexandre de Juniac becomes new Director General and CEO at IATA Read More »
Skyworld Aviation has arranged the sale of an ATR 72-200 to Sprint Air of Poland. Serial number 441 was previously operated by CanaryFly and is now registered as SP-SPE. This is Sprint Air’s first passenger configured ATR 72-200 and is currently operating on ACMI contracts in Europe. Skyworld has worked with Sprint Air since 2005
Skyworld Aviation arranges the sale of an ATR 72-200 to Sprint Air of Poland Read More »
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, has signed a purchase-and-leaseback transaction with Korean Air Lines for five new Boeing 777F freighters powered by GE90 engines as part of the carrier’s fleet renewal program. Deliveries of the aircraft are scheduled in late 2016 and 2017. Korean Air’s passenger and
GECAS’ Cargo Aircraft Group signs purchase-and-leaseback deal with Korean Air Read More »
Monarch Aircraft Engineering Limited (MAEL), the engineering division of Monarch, a leading UK independent airline group, have signed an agreement to support Cathay Pacific’s Airbus A350 operation at Gatwick. The long term agreement will see the Airbus A350 added to Monarch Aircraft Engineering’s EASA Part 145 approval, allowing Monarch engineers to carry out line maintenance
MAEL signs line maintenance support agreement with Cathay Pacific Read More »
Aeroflot Group published its condensed consolidated interim financial statements for the six months ended 30 June 2016, in accordance with International Financial Reporting Standards. Revenue reached RUB223,824m, up 26.8% year-on-year, EBITDAR nearly doubled year-on-year to RUB 58,397m. The EBITDAR margin increased 7.3 percentage points (p.p.) to 26.1%; EBITDA more than doubled year-on-year to RUB30,035m. The
Aeroflot posts first half 2016 IFRS financial results Read More »
