Heike Tamm

Boeing delivers first direct Next-Generation 737-800 to Jeju Air

Aircraft & Engines / Leave a Comment

Boeing and Jeju Air celebrated the delivery of the airline’s first direct-buy Next-Generation 737-800 airplane on July 24, during a ceremony at the Seattle Delivery Center. With this delivery Jeju Air will become the first low-cost carrier (LCC) in Korea to own and operate a Next-Generation 737-800. This delivery marks the first of three Next-Generation […]

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Ryanair first quarter full year 2019 profits fall 20% due to lower fares, higher fuel and pilot costs

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Ryanair has reported a 20% fall in first quarter profits to €319 million (excl. exceptionals). Strong traffic growth (up 7%), overcapacity in Europe and the earlier timing of Easter, led to a 4% decline in average fares. Higher fuel and staff costs offset strong ancillary revenue growth in the quarter. Guidance Ryanair continues to guide

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AJW secures support contract with Electra Airways

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AJW Group has secured a support contract with start-up Bulgarian charter airline, Electra Airways. The Pool Access Support contract will see AJW use its expertise to support the growth of Electra Airways. Electra Airways currently operates charter flights with Airbus A320-231 aircraft in Europe, North Africa and the Middle East. AJW Group and Electra Airways

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SkyWorks announces second quarter 2018 activities

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SkyWorks Holdings has reported transactions and activities performed during the second quarter 2018 for its Asset Management, Investment Banking, & Management Consulting Groups. Asset Management Services, provided through SkyWorks Leasing, included transactions for nine aircraft and additional services as follows: On behalf of a U.S. investment fund, SkyWorks arranged the sale of six E175s on

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AAR expands AOG Global Support for airline customers

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AAR, a global provider of aviation services to commercial airlines, has expanded its AOG customer support in London-Gatwick and Chicago to empower customer operational excellence. The expansion enables AAR to provide instant solutions, including part sales, exchanges and loans supported from a global warehouse network with locations in Chicago (near O’Hare International Airport); Hannover, Germany;

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Honeywell performs well as it takes evasive action over U.S. – China tariff war

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U.S. industrial conglomerate Honeywell International’s revenue for the second-quarter 2018, ending June 30, rose 8.3 percent to US$10.92 billion, above a Wall Street estimate of US$10.80 billion. This earned US$2.12 per share for the quarter, a marked increase on analysts’ average forecast of US$2.01. The news saw the company’s share price rise by as much

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Spatial selected by Dynamic Advanced Training to supply six state-of-the-art cabin simulation devices

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Spatial has been selected by Dynamic Advanced Training (Dynamic) to provide six state-of-the-art cabin simulation devices as part of Dynamic’s inaugural training academy in Dubai. Due to launch in early 2019, these devices will represent the leading edge of innovation in cabin training globally. In a world’s first, launching business jet Safety and Emergency Procedure

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Rockwell Collins and Iridium partner to deliver next-generation aviation services

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Iridium Communications has announced Rockwell Collins as the newest Iridium Certus service provider for the aviation industry. Rockwell Collins will be adding the service to its comprehensive suite of aircraft connectivity applications for commercial, government and ARINCDirectSM business customers. In addition to being a service provider, Rockwell Collins is also a value added manufacturer (VAM)

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Falko adds two ATR72-500 aircraft leased to Air Austral to its portfolio

Aircraft & Engines / Leave a Comment

Falko, a market leading aircraft operating leasing and asset management company focused on the regional aircraft sector, has completed the purchase of two ATR 72-500 aircraft from existing portfolio customer Air Austral. The aircraft, MSNs 650 and 813 have been immediately leased back to Air Austral in a sale and leaseback transaction.

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Magnetic MRO completes painting project for a VVIP Business Jet

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Magnetic MRO, global total technical care and asset management organisation, successfully completed a VVIP Business Jet repaint project for an undisclosed customer, once again proving itself in the VIP arena by painting a Bombardier Global 5000. “We approach every single paint project as a distinctive artwork as they all need a special attention and require

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