TrueNoord leases two further ATR 72-600s to US-Bangla

TrueNoord, the specialist regional aircraft lessor, has placed two more new ATR 72-600 aircraft on long-term operating leases with expanding Bangladeshi domestic and international operator, US-Bangla. The aircraft have been financed by Citibank, Société Générale and Royal Bank of Canada under TrueNoord’s revolving warehouse facility. Milbank represented TrueNoord and Clifford Chance advised the banks on […]

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Qatar Airways and Malaysia Airlines announce significant codeshare expansion

Traffic

Qatar Airways will expand its codeshare cooperation with Malaysia Airlines, starting from January 27, 2020. The new codeshare agreement will strengthen the two airlines’ strategic partnership, first initiated in 2001. Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said: “Since 2001, both airlines have witnessed the significant benefits codeshare cooperation has brought,

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Frankfurt Airport serves more than 70.5 million passengers

Traffic

Frankfurt Airport (FRA) has served more than 70.5 million passengers in 2019 – achieving a new all-time record by exceeding the 70-million mark for the first time in a calendar year. Compared to the previous year, this represents a passenger increase of 1.5%. Following a positive trend in the first half of 2019 (up 3.0%),

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Falko outlines 2019 portfolio activity

Aircraft & Engines

Falko Regional Aircraft (Falko) has provided a summary of its 2019 market activity. In 2019, Falko acquired 49 regional aircraft, sold 11 aircraft and signed lease agreements or extensions relating to a further six aircraft. Total transaction value exceeded US$1billion. As at December 31, 2019, Falko’s portfolio totaled 115 aircraft on lease to 19 customers

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Alaska Air Group reports December 2019 load factor of 85.9%

Traffic

Alaska Air Group has posted December operational results on a consolidated basis, for its mainline operations operated by subsidiary Alaska Airlines and for its regional flying operated by subsidiary Horizon Air Industries and third-party regional carriers. On a combined basis for all operations, Air Group reported a 9.4% increase in traffic on a 4.7% increase

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Boost for Delta as carrier exceeds all expectations for quarterly revenue

Financial, Top Stories

Delta Air Lines’ (Delta) share value increased as much as 4.5% with the announcement that fourth-quarter earnings had exceeded analysts’ highest profit estimate, according to Bloomberg data. The carrier also posted a 2.4% uptick for revenue per available seat mile and beat all expectations for quarterly revenue. According to Delta CEO Ed Bastian: “2019 was

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Jet Aviation receives IS-BAH Stage 1 Registration for The Netherlands

Other News

Jet Aviation has received International Standard for Business Aircraft Handling (IS-BAH) Stage 1 Registration from the International Business Aviation Council (IBAC) for its Amsterdam and Rotterdam FBOs in The Netherlands. Jet Aviation intends to achieve IS-BAH Stage 2 Registration for both FBOs by December 2021. As a safety management system, IS-BAH establishes criteria to ensure

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Etihad Airways and easyJet enter into new partnership

Airlines & Routes

Etihad Airways, the national airline of the UAE, has become the most recent airline to partner with easyJet. This new partnership means customers can purchase tickets through the easyJet worldwide website, connecting the two airlines’ networks and opening new and exciting possibilities for travel between Europe, Africa, the Azores and the UAE. The collaboration comes

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U.S. Department of Defense orders 32 TH-73A helicopters from Leonardo

Military & Defense

Leonardo, through AgustaWestland Philadelphia, has been awarded a firm-fixed-price contract valued at US$176,472,608 for the production and delivery of 32 TH-73A helicopters, initial spares, support and dedicated equipment, and specific pilot and maintenance training services. This contract, as Fiscal 2020 aircraft procurement (Navy) funds, was competitively procured via a request for the proposal of various

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AEI receives CAAC certification for B737-800SF conversion

MRO & Production

Aeronautical Engineers, Inc. (AEI) has reported that the Civil Aviation Administration of China (CAAC) has issued a VSTC (VSTC0933) for the passenger-to-freighter conversion for B737-800 aircraft. The VSTC validates the original FAA Supplemental Type Certificate (ST02690LA) which was awarded to AEI at the beginning of 2019. The AEI converted B737-800SF freighter offers a main deck

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Heike Tamm

TrueNoord leases two further ATR 72-600s to US-Bangla

Qatar Airways and Malaysia Airlines announce significant codeshare expansion

Frankfurt Airport serves more than 70.5 million passengers

Falko outlines 2019 portfolio activity

Alaska Air Group reports December 2019 load factor of 85.9%

Boost for Delta as carrier exceeds all expectations for quarterly revenue

Jet Aviation receives IS-BAH Stage 1 Registration for The Netherlands

Etihad Airways and easyJet enter into new partnership

U.S. Department of Defense orders 32 TH-73A helicopters from Leonardo

AEI receives CAAC certification for B737-800SF conversion

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