Air Asia is to sell its plane leasing operations to firms managed by BBAM Ltd. and which will see the sale of an impressive 182 Airbus jets. The initial part of the deal with one of the world’s largest aircraft portfolio managers is valued at US$1.2 billion and will assist AirAsia, the region’s largest budget […]
Air Asia Exiting Leasing Business with Sale of 182 Airbus Jets Read More »
After almost 16 years as Senior Vice President and Head of Lufthansa Group International Relations and Government Affairs, Thomas Kropp is handing over the responsibilities of his office to his successor Dr. Kay Lindemann as he retires after 24 years at the company. Since 2002, Thomas Kropp and his teams in Frankfurt, Berlin, Brussels, Moscow
Thomas Kropp, a committed advocate in the interests of the Lufthansa Group is retiring Read More »
Delta Air Lines has reported operating performance for February 2018. System traffic for the month increased 3.8% compared to the previous year, while capacity was up 3.4% compared to February 2017. The load factor improved 0.4 points to 81.5%.
Delta reports operating performance for February 2018 Read More »
Cobalt Air, Cyprus’s largest airline has announced its membership to the International Air Transport Association (IATA). The membership certificate was handed to Cobalt Air at a ceremony in Larnaca airport on March 2nd. Cobalt is the only Cyprus registered airline to be a member of IATA. Rafael Schvartzman, IATA’s Regional Vice President for Europe, said:
Cobalt Air joins IATA Read More »
Just five years after breaking ground, GE Aviation is investing an additional US$105m in its Asheville, NC, production facility to meet growing demand for the revolutionary ceramic matrix composite (CMC) components produced at the plant. As part of the investment, GE Aviation will create 131 new jobs at the Asheville facility, a significantly increasing its
GE Aviation expanding two North Carolina plants to meet growing demand for jet engines Read More »
Babcock is set to become the global launch customer for the H160 after signing a five year frame agreement for the purchase of a fleet of H160s. The fleet of H160s is destined for EMS and other critical services missions starting in Europe and to be deployed progressively across Babcock’s bases worldwide. “The H160 was
Babcock to operate first fleet of H160s Read More »
Reporting to Gregg Saretsky, WestJet Group President and CEO, Steven will have end-to-end accountability for all strategic aspects of Swoop, including short and long-term planning, branding, pricing, product development, and operationalization of the ULCC in 2018 and beyond. Bob Cummings, the WestJet executive in charge of Swoop launch, will move into the role of WestJet
Swoop welcomes Steven Greenway as President Read More »
Boeing has been awarded a contract to modernize the U.S. Navy F/A-18 fleet, extending the life of existing Super Hornets from 6,000 to 9,000+ flight hours. In the early 2020s, Boeing will begin installing initial updates to the aircraft that will convert existing Block II Super Hornets to a new Block III configuration. The Block
Boeing receives U.S. Navy contract to modernize F/A-18 Super Hornet fleet Read More »
American Airline has refused to sign a new lease for an expanded O’Hare International Airport in Chicago, indicating that fellow tenant United Airlines is being given preferential treatment through the “secret” provision for extra gates. These claims have been vehemently denied by United, who have stated that the agreement for the gates was made more
Problems at O’Hare as American Refuses to Sign New Lease on US$8.5 Billion Expansion Read More »
Rolls-Royce has appointed Tom Bell as President and CEO of Rolls-Royce North America, a post he will hold alongside his current position as President – Defense. The appointment follows the decision of Marion Blakey to retire at the end of June after serving a three-year term. Chief executive Warren East said: “I am pleased to
Tom Bell appointed President and CEO Rolls-Royce North America Read More »
