TrueAero announces sale-and-leaseback for 13 Airbus A320-200 aircraft with JetBlue

TrueAero has acquired, on behalf of its investors, 13 Airbus A320-200 aircraft from JetBlue on sale-and-leaseback. “We are delighted to establish this new partnership with JetBlue, demonstrating our ability to deliver adaptable solutions despite COVID-19’s disruption to the market.” said Stratton Borchers, President at TrueAero. TrueAero is a full-service aircraft asset manager and a materials and technical […]

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U.S. Airline July 2020 passengers decrease 73% from July 2019 but rise 30% from June 2020

Traffic

U.S. airlines carried 73% fewer scheduled service passengers in July 2020 than in July 2019, according to preliminary data filed with the Bureau of Transportation Statistics (BTS) by 18 airlines that carry more than 90% of its passengers. Despite the large annual drop from pre-pandemic numbers a year earlier when compared to the previous month

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Aergo Capital enhances platform capabilities with key hires

People

Aergo Capital (Aergo) is expanding its aviation platform by significantly developing its Structured Products capabilities. These enhanced customer services will be provided by senior strategic new hires complementing existing expertise. Aergo’s bold expansion highlights its confidence in the future of aviation, despite the ongoing impact of COVID-19 on the industry and further positions the company

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AELS acquires A319 from Bellinger Aviation for disassembly

MRO & Production

Complementing the airframes currently being dismantled, Aircraft End-of-Life Solutions (AELS) has acquired an Airbus A319 (MSN 1086), from Bellinger Aviation. The aircraft, formerly operated by Brussels Airlines, was flown to AELS’ home-base at Twente Airport, the Netherlands and dismantling has meanwhile begun. USM components will become available from September onwards. Since 2006 AELS has been

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Gloucestershire Airport is “cargo ready”, welcomes first cargo operator

Uncategorized

In response for an alternative airport for urgent automotive and “just-in-time” logistics, Gloucestershire Airport in the U.K. has welcomed its first cargo operator. Global Airlift Solutions operated its PC12NG Cargo aircraft into the airport at the launch of the new service. Visiting cargo aircraft will be handled by Weston Aviation at their FBO facility and

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European airlines and airports agree to further suspend ‘use-it-or-lose-it’ slots agreement

Uncategorized

With the threat of a second wave of the COVID-19 pandemic, European carriers are still trying to deal with the disastrous effects of the continued downturn in passenger demand. As a consequence, airport slot coordinators have agreed with airports and airlines to further suspend the ‘use it or lose it’ rule for the whole of

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Air bp renews contract at France’s Cannes Mandelieu Airport

Airports

Air bp, the international aviation fuel products and services supplier, has renewed its contract with Cannes Mandelieu Airport (CQE/LFMD) in France, following six years of successful collaboration. It will continue to be the sole supplier of Jet A-1 and Avgas at the airport. Cannes Mandelieu is the country’s second most important general aviation hub and

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AeroLogic and LHT sign ten-year TCS® contract for AeroLogic’s Boeing 777F fleet

MRO & Production

AeroLogic, the joint freight carrier of DHL Express and Lufthansa Cargo, is continuing its partnership with Lufthansa Technik through a multi-year agreement covering extensive component services (Total Component Support – TCS®). This new contract governs supply for AeroLogic’s entire current fleet of 16 Boeing 777F aircraft over a period of ten years. In conjunction with

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Emirates returns US$ 1.4 billion to customers in refunds

Financial

Emirates has returned over AED 5 billion (US$ 1.4 billion) in COVID-19 related travel refunds to date, making strong and steady progress on its commitment to customers to complete pending refunds. More than 1.4 million refunds requests have been completed since March, representing 90% of the airline’s backlog. This includes all requests received from customers

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EASA and China’s CAAC start new era of cooperation

Other News

The EU-China Bilateral Aviation Safety Agreement (BASA) went into effect last week, giving a boost to the regions’ aviation manufacturers by simplifying the process of gaining product approvals from the European Union Aviation Safety Agency (EASA) and the Civil Aviation Administration of China (CAAC), while also ensuring high safety and environment standards will continue to

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Heike Tamm