CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., has promoted Patrick C. Hannigan, who has served as the company’s Chief Commercial Officer since January 2017, to the position of President, as part of the continued strategy to further strengthen executive management for the next phase of development. In addition […]
CDB Aviation promotes Patrick Hannigan to President Read More »
In June 2018, Elevate closed on its first transaction, wherein it arranged, structured and managed the lease return of a Boeing 767-300ER (MSN 25449) from American Airlines, and subsequent induction into IAI Bedek (Tel Aviv) for cargo conversion on behalf of a major financial institution. The freighter conversion was completed in December 2018 and the
Elevate Capital Partners successful completes third aircraft transaction Read More »
As part of its 100-year birthday, British Airways will be painting four of its aircraft in much-loved retro designs from across its past, with the first confirmed as a Boeing 747 in a British Overseas Airways Corporation (BOAC) design. The livery from the 1964 – 1974 BOAC era will adorn a B747, reg: G-BYGC. The
British Airways to paint aircraft with much-loved designs from airline’s history Read More »
Asia Pacific Airlines has acquired B-757-200, MSN 25140. The acquisition was arranged by Aerolease Aviation and the asset has entered conversion at Flightsar Aviation in Jacksonville, FL with re-delivery expected in 120 days. The aircraft will return to service after conversion and will be joining two other Asia Pacific 757-PCF’s converted by Precision and operating
Asia Pacific Airlines acquires third 757-200 for PCF conversion Read More »
easyJet has delivered a good performance in the quarter with robust customer demand driving passenger and ancillary revenue which is in line with expectations. Underlying revenue per seat was positive, including good ancillary revenue growth. This was offset, as expected, by the impact from last year’s one-off revenue benefits, the dilutive impact of flying at
easyJet reports £10 million cost impact of the drones at Gatwick Read More »
Aircraft leasing and trading company Aergo Capital (Aergo) has announced a historic milestone for the company, reaching a portfolio of fifty modern commercial jet and turboprop aircraft, as of December 31, 2018 and valued at US$1.3 billion. This achievement fittingly marks the company’s twentieth year of operation, having been established in 1999 by Fred Browne,
Dassault Aviation has announced from its Saint-Cloud base in France that it has signed a binding agreement with Luxaviation to acquire the worldwide maintenance activities of its subsidiary, Execujet, this year, subject to obtaining the necessary administrative authorizations. “The acquisition of ExecuJet’s MRO (Maintenance, Repair & Overhaul) operations will strengthen Dassault Aviation’s global footprint, especially
Dassault confirms acquisition of ExecuJet’s MRO operations Read More »
Angus Clarke has been appointed Executive Vice President Strategy of Air France-KLM. He becomes a member of the Air France-KLM group executive committee and reports directly to Benjamin Smith, Group CEO. His appointment will be effective as of February 1, 2019. He is responsible for defining and implementing Air France-KLM’s long-term strategy, in coordination with
Angus Clarke appointed Executive Vice President Strategy of Air France-KLM group Read More »
Germania Fluggesellschaft has found a solution to cover its short-time liquidity needs. Karsten Balke, CEO of Germania Fluggesellschaft said on January 19: “With regard to our financing efforts, we have received an important commitment. In total, the financial support now exceeds the initial target amount of €15 million. We should receive the funds in the
Germania Fluggesellschaft found solution to cover short-time liquidity needs Read More »
GE Aviation’s Passport, the first ultra-long-range business jet engine, officially entered service on Dec. 20 during a ceremony by Bombardier Business Aircraft celebrating the delivery of its first Global 7500 luxury aircraft. This milestone was complemented by news on Dec. 18 that GE Aviation secured type certification for Passport by the European Aviation Safety Agency (EASA).
GE Aviation’s Passport engine enters service on Bombardier Global 7500 business jet Read More »
