Volaris and CBD Aviation agree terms for sale and leaseback of four Airbus A320neos

CBD Aviation, which is the wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CBD Leasing), has signed a new agreement with Mexico’s leading carrier Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (Volaris), for the sale and leaseback of four brand-new Airbus A320neo jets, two of which are scheduled for delivery to […]

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Astronics Corporation reports second-quarter 2021 financial results

Uncategorized

Astronics Corporation, a leading supplier of advanced technologies and products to the global aerospace, defense, and other mission-critical industries, has reported financial results for the three- and six-month periods ended July 3, 2021. Consolidated sales were down US$12.5 million from the second quarter of 2020. Aerospace sales were down US$13.4 million, and Test System sales

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Nordic Aviation Capital delivers one Embraer E190 jet to Breeze Airways

Aircraft & Engines

Nordic Aviation Capital (NAC) is pleased to confirm that it has delivered one Embraer E190, MSN19000101, to Breeze Airways on lease. Breeze Airways is a new low-cost airline, founded by aviation entrepreneur David Neeleman, offering point-to-point flights from smaller secondary airports, bypassing hubs for shorter travel times.

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Oriental Air Bridge signs with TRAX eMRO

Information Technology

Nagasaki-based Oriental Air Bridge has inked a deal with TRAX to implement the web-based eMRO system to manage maintenance activities on its fleet of Bombardier Dash 8 aircraft. The airline operates charter flights throughout southern Japan in addition to scheduled services between Nagasaki and remote islands and between Fukuoka and several destinations. The airline has

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1,000 jobs at risk in Germany if Airbus can’t hive off Premium Aerotec

Other News

Europe’s Airbus has warned that if it is unable to hive off its small parts manufacturing business Premium Aerotec, then it will be forced to reduce that company’s workforce by approximately 1,000 out of its current 2,500 staff according to REUTERS news agency. Four months ago Airbus outlined plans for a company shake-up which included

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Panasonic Avionics launches full cabin 4K in-flight entertainment system with Cathay Pacific

Information Technology

Panasonic Avionics has launched the first full-cabin 4K ultra-high-definition in-flight entertainment (IFE) with Cathay Pacific Airways (Cathay Pacific). Its 4K screens are taking to the skies on the airline’s new fleet of Airbus A321neo aircraft, incorporating on-demand services with one of the largest movie and TV libraries available on a regional single-aisle aircraft. The rollout

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Aergo Capital completes acquisition of two wide-body aircraft by way of sale-and-leaseback with Iberia

Aircraft & Engines

Aergo Capital has completed the sale-and-leaseback of two Airbus A330-200 aircraft, bearing manufacturers serial numbers 1864 and 1882. Both aircraft are subject to long-term leases with Iberia. Fred Browne, Chief Executive Officer of Aergo, commented: “We are extremely happy to partner with Iberia and further strengthen our relationship with IAG by adding one more carrier to

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Rolls-Royce reports good start to the year with improving cash flow and profits

Financial

Rolls-Royce Group’s underlying revenue from continuing operations for the first half year of 2021 was £5.2 billion, down 2%, which reflected a more balanced contribution from the business units compared with the same prior-year period. It included a positive £160 million Civil Aerospace LTSA revenue catch-up compared with a £(866) million negative revenue catch-up in

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Frontier Airlines’ employees have to be fully vaccinated against COVID-19 by October 1

Airlines & Routes

Frontier Airlines has announced a policy for all direct employees to be fully vaccinated against COVID-19 by October 1, 2021. The latest action comes as COVID-19 cases – specifically of the Delta variant – have rapidly increased throughout the U.S. “As we continue to watch the rapid increase of new COVID-19 cases across the United

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Spirit AeroSystems reports improved second-quarter 2021 results

Financial

Spirit AeroSystems second quarter of 2021 revenue was US$1.0 billion, up 55% from the same period in 2020, primarily due to higher production deliveries on the Boeing 737 and Airbus A320 programs and increased revenue from the recently acquired A220 wing and Bombardier programs. These increases were partially offset by the lower wide-body production rates

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Heike Tamm