In June, Finnair carried 1,388,000 passengers, 11.9% more than in the corresponding period of 2018. The overall capacity increased in June by 11.2% while Finnair’s traffic increased by 12.2%. The Passenger Load Factor increased year-on-year by 0.8% points to 86.2%.
Finnair traffic performance in June 2019 Read More »
Mitsubishi Corporation (MC), Narita International Airport Corporation (NAA), Japan Airport Terminal Co., (JATCO), and JALUX Inc. (JALUX) have established a joint venture with the Government of Mongolia: New Ulaanbaatar International Airport (NUBIA). NUBIA has entered into a 15-year concession agreement with the National Development Agency of Mongolia concerning the operation of the New Ulaanbaatar International
Mitsubishi Corporation participates in new airport operation project in Mongolia Read More »
Eva Air Corporation (Eva Air) has been forced to cancel a further 550 flights after negotiations to end the cabin crew strike, which began on June 20, broke down. Including the latest cancelations, it is estimated the strike will have cost the carrier in the region of US$56 million and will have affected 2,000 flights
Eva Air strike extended – now Taiwan’s longest strike in aviation history Read More »
Falko Regional Aircraft, an aircraft operating leasing and asset management company, has reached a final close on Falko Regional Aircraft Opportunities Fund II with total commitments of US$650 million. The Fund will make investments in regional aircraft leased globally. Falko significantly surpassed its original target of US$600 million and received commitments from a diverse group
Falko Regional Aircraft raises US$650m for second fund Read More »
Steven Zaat has been appointed EVP Finance at Air France, as of July 3, 2019. He will report directly to Anne Rigail and will be a member of the Executive Committee. Zaat takes over from Marc Verspyck who stepped down from his position as EVP Finance of Air France on July 3, before leaving the
Air France appoints Steven Zaat as EVP Finance Read More »
Singapore Airlines (SIA) will be investing more than S$50 million in a major revamp of its SilverKris and KrisFlyer Gold Lounges at Changi Airport Terminal 3. Renovations are due to commence in August 2019 and are expected to be completed by mid-2021. The redevelopment project will see an overall 30% increase in space and total
SIA to launch S$50 million upgrade of Changi Airport T3 lounges Read More »
Norwegian carried almost 3.5 million passengers in June. The company’s unit revenue improved by 10% compared to the same month in the previous year. Total traffic increased by 7% and capacity growth was 5%, compared to June 2018. The load factor improved 1.0 point to 91.5%.
Norwegian reports June load factor of 91.5% Read More »
HEICO Corporation has released that its Buc, France-based 3D PLUS subsidiary has acquired substantially all of the assets and business of Bretigny-sur-Orge, France-based BERNIER, SAS in an all cash transaction. 3D PLUS is part of HEICO’s Electronic Technologies Group. No further financial details were disclosed, but HEICO expects the acquisition to be accretive to its
HEICO acquires French interconnect business BERNIER Read More »
Geisinger Life Flight has successfully implemented digital signatures for its aviation management software, WinAir Version 7, and is now live with this new feature. Digital signatures provide Geisinger with the ability to have mechanics and inspectors electronically sign -off on maintenance tasks and job completion. As a result of this implementation, Geisinger has become the
Geisinger Life Flight implement WinAir Digital Signatures Read More »
On June 27, 2019, AFG Aviation Ireland has successfully delivered one Airbus A320-214, MSN 2764, to Sirius Opportunities No.1 DAC, managed by World Star Aviation (UK).
AFG Aviation Ireland delivers one A320-214 to Sirius Opportunities No.1 DAC Read More »
