Heike Tamm

JetBlue to pare back Airbus orders after posting first-quarter loss

JetBlue, the sixth-largest American low-cost carrier by passenger numbers carried, has posted a first-quarter 2020 loss of US$269 million and, as a result, has reduced its order book with Airbus by approximately one third in a bid to save around US$1.1 billion on aircraft purchases. JetBlue now anticipates receiving 40 Airbus jets by the end […]

JetBlue to pare back Airbus orders after posting first-quarter loss Read More »

Eirtech Aviation Services expands scope to include flight test approvals

Eirtech has announced that EASA has approved an expansion in capabilities to permit the approval of flight tests. Flight tests are sometimes required by EASA and the FAA for demonstration of compliance for aircraft modifications. When requested, Eirtech can now provide a turnkey solution for customers which would include; developing a flight test plan, approving test

Eirtech Aviation Services expands scope to include flight test approvals Read More »

LCI launches US$100 million helicopter co-investment vehicle with Thora Capital and RIVE Private Investment

Helicopter lessor LCI, the aviation division of the Libra Group, has strengthened its leasing platform with the establishment of a new co-investment vehicle with Thora Capital and RIVE Private Investment as partners. The transaction covers six Leonardo AW139s and three Airbus H130 helicopters, all of which have long-term, secure debt financing in place. The helicopters,

LCI launches US$100 million helicopter co-investment vehicle with Thora Capital and RIVE Private Investment Read More »

Finnair carried 16,100 passengers in April, 98.7% less than the previous year

In April, Finnair carried 16,100 passengers which is 98.7% less than in the corresponding period of 2019. The overall capacity (ASK) decreased in April by 97.0%. Finnair’s traffic decreased by 99.1%, while the passenger load factor decreased year-on-year by 57.5% points to 23.9%. All traffic figures were heavily impacted by the significant coronavirus-related capacity reductions,

Finnair carried 16,100 passengers in April, 98.7% less than the previous year Read More »

VoltAero unveils production-version Cassio hybrid-electric aircraft

VoltAero has revealed the production configuration for its Cassio aircraft, which will revolutionize general aviation with a highly efficient, safe and optimized family of airplanes powered by the company’s hybrid-electric power module. Cassio utilizes VoltAero’s hybrid-electric power module in an aft fuselage “pusher” configuration, integrating a cluster of electric motors with a high-performance internal combustion

VoltAero unveils production-version Cassio hybrid-electric aircraft Read More »

Spirit and JetBlue get permission to suspend certain flights until Sept. 30

Having previously denied Spirit Airlines Co’s request to suspend a number of flights during the COVID-19 pandemic, the U.S. Department of Transport has now decided to let the airline halt some flights until September 30, while also allowing JetBlue Airways to reduce the number of flights it operates over the same period of time. Demand

Spirit and JetBlue get permission to suspend certain flights until Sept. 30 Read More »