Spirit’s fourth quarter 2019 revenue was US$2.0 billion, up from the same period of 2018. This increase was primarily driven by higher production volumes on the Boeing 737, 787 and Airbus A350 programs, higher revenue recognized on the Boeing 787 program, and increased Global Customer Support and Services (GCS&S) activity, partially offset by lower revenue […]
Spirit Aerosystem reports lower profit in 2019 Read More »
Following elevated U.S. State Department travel guidance, Delta is temporarily suspending its daily flight between New York – John F. Kennedy International Airport (JFK) and Milan Malpensa Airport (MXP). Delta’s last east-bound flight from JFK to Milan will depart on Monday, March 2, and the last west-bound flight from Milan to JFK will depart on Tuesday, March
Delta temporarily suspends Milan service Read More »
American Airlines will invest US$550 million at its base maintenance facility in Tulsa (Tech Ops – Tulsa). It is American’s largest base maintenance facility and is an integral part of operating the carrier’s fleet of nearly 1,000 mainline aircraft safely and reliably. Tech Ops – Tulsa is home to more than 5,500 team members —
American Airlines to invest US$550 million in Tulsa maintenance base Read More »
AFG Aviation Ireland has completed the acquisition of one Airbus A320-214, bearing MSN 4865, from Vermillion Aviation (Nine) – managed by AMCK Aviation Holdings Ireland. AFG offers tailor-made commercial aircraft solutions to its investor base and aircraft operators alike. The company has closed over 100 aircraft transactions in recent years valued in excess of US$4
AFG Aviation Ireland acquires one Airbus A320-214 from Vermillion Aviation Read More »
The Court of Appeal has overruled the U.K. governments go-ahead for a third runway at London Heathrow Airport on the basis that it was unlawful. The principal bone of contention relates to environmental factors. Transport Secretary Grant Shapps said the government would take time to decide its next move. “The court’s judgement is complex and
Court ruling sees plans for London Heathrow’s third runway once again put on hold Read More »
While Commercial Aircraft Corp of China (COMAC) continues to undergo flight testing on its C919 narrow-body jet, China Eastern Airlines Corp (China Eastern) has launched a subsidiary carrier, OTT, to fly the China-made jet further afield than the domestic market, alongside COMAC’s regional jet, the ARJ21. China Eastern had already been earmarked as the launch
China Eastern unveils new airline OTT to fly COMAC’s C919 Read More »
Honeywell has added Lithuania-based Jet Maintenance Solutions to its business and general aviation Channel Partner program. Under the agreement, Jet Maintenance Solutions will provide Honeywell’s leading maintenance services and connectivity solutions for Central European customers. As Honeywell’s third-authorized service center in the region, the agreement will expand maintenance location options for Honeywell customers, saving them
Honeywell expands maintenance and connectivity services in Central Europe Read More »
GA Telesis, (GAT) has appointed David Byrne as Director of Asset Remarketing. Byrne brings nearly a decade of experience in the aviation sector to the GA Telesis Asset Transaction Group. Byrne was a member of the AerCap team for over five years, where he was most recently Director of Leasing with responsibility for sales and
GA Telesis appoints David Byrne, Director of Asset Remarketing Read More »
Fly Leasing (FLY) is reporting net income of US$75.2 million for the fourth quarter of 2019. This compares to net income of US$31.0 million for the same period in 2018. Net income for the year ended December 31, 2019 was US$225.9 million, compared to net income of US$85.7 million for the year ended December 31,
Fly Leasing reports fourth-quarter and full-year 2019 financial results Read More »
AJW Group, an independent specialist in the global management of aircraft spares, has won a long-term power-by-the-hour (PBH) contract with Israeli carrier, EL AL Israel Airlines (EL AL). The PBH support will cover EL AL’s fleet of 26 Boeing 737 Next Generation aircraft via AJW inventory hubs in the U.K., Germany, Israel, as well as
EL AL signs PBH contract with AJW Group Read More »
