Aviation market intelligence and consultancy company IBA, has revealed there are signals of potential oversupply of the Boeing 737-800 passenger-to-freighter (P2F) aircraft, with 60 conversions forecast for this year alone. IBA highlighted data from its aviation intelligence platform, IBA Insight, which shows that the 737-800 has been converted at a faster rate than any […]
IBA forecasts oversupply of 737-800 P2F aircraft Read More »
AerFin has announced the appointment of Jacqueline Fernandez in a newly created role of Head of Americas. Fernandez is an industry veteran with 30 years’ experience in delivering aftermarket supply chain solutions and has held senior leadership roles at Kellstrom, AerSale and most recently TrueAero as Senior Vice President of the Materials Group. In this
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Aircraft remarketing specialist Airstream International Group has arranged the sale of four ex-Air Berlin Dash 8-Q400 aircraft to Sky Alps SRL in Italy. The aircraft were sold on behalf of Declan Taite of Kroll, Liquidator of NAC Aviation 9 Limited (in liquidation). The aircraft, serial numbers 4234, 4239, 4245 and 4250 add to Sky Alps
Airstream arranges sale of four Dash 8-Q400 aircraft to Sky Alps Read More »
Flexjet, the specialist in fractional jet ownership, has announced that Flying Colours is to join its family network of companies. Flying Colours is a maintenance, repair and overhaul (MRO) specialist and will further expand on Flexjet’s maintenance and support network which currently includes facilities in the United States, Canada and Europe. “Bringing the capabilities of
Flying Colours MRO to join Flexjet family of companies Read More »
Falko Regional Aircraft Limited (Falko), the asset manager and aircraft lessor focused solely on the regional aircraft sector, has outlined its Q2 2023 portfolio activity. During the quarter Falko added a further Embraer E195-E2 to the portfolio having taken delivery of its fifth E195-E2 aircraft. This was the final delivery in a previously announced five-aircraft
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Brussels Airlines has closed its first semester of 2023 at -€12 million, an improvement of 87% compared to the previous year. The first quarter ended at -€44 million, in-line with expectations and seasonality of the aviation business – and the second quarter closed at €31 million Adjusted EBIT. The more stable fuel prices, the increasing
Brussels Airlines improves 2022 quarter-result by 87% Read More »
Willis Lease Finance Corporation (WLFC) has reported second-quarter 2023 total revenues of US$109.0 million and pre-tax earnings of US$19.0 million. For the three months ended June 30, 2023, aggregate lease rent and maintenance reserve revenues were US$89.8 million and spare parts and equipment sales were US$4.6 million. The WLFC reported increased total revenues in the
WLFC reports second-quarter pre-tax income of US$19.0 million Read More »
Independent aviation training organisation BAA Training, is expanding its geographical presence and opening its fourth simulator centre, BAA Training France, near Orly Airport in Paris. By the end of the year, two Boeing 737 NGs, an A320neo and a Boeing 747-400 simulator will be installed at the facility. It is expected that around over 2000
BAA Training opens new pilot training centre in France Read More »
In July, Norwegian carried 2.3 million passengers, the load factor was 92.4% and capacity was at its peak for the current year and 12% higher than July last year. Continued bookings throughout the month made by Nordic customers contributed to making this a historically strong July for the carrier. “July was an outstanding month for
Strong July for Norwegian Read More »
Lufthansa Group has released details of recent pay offers submitted to cockpit crew. These offers, incremental over the next three years, will see base pay rates increase by 18%. With lump sums and inflation bonuses on the table already agreed on last year, captains would likely see a pay raise of over 25%, while co-pilots
Lufthansa captains could get 25% pay boost as Group posts record Q2 results Read More »
