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 […]
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
Rolls-Royce reports good start to the year with improving cash flow and profits Read More »
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
Frontier Airlines’ employees have to be fully vaccinated against COVID-19 by October 1 Read More »
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
Spirit AeroSystems reports improved second-quarter 2021 results Read More »
JetBlue, New York’s Hometown Airline®, has announced plans to double down on its commitment to New York by maintaining its headquarters in the city and advancing plans to expand its flagship terminal at John F. Kennedy International Airport (JFK). These initiatives further strengthen JetBlue’s presence in New York, where it has already announced plans to
JetBlue intents to keep headquarters in New York City Read More »
Canadian business jet manufacturer Bombardier has released its financial results for the second quarter of 2021 and on the back of a strong first half year, has raised its full-year guidance. Aircraft deliveries, revenue, profitability, and cash use should all now outperform previously given targets. Business jet revenues during the second quarter of 2021 climbed
Dubai Aerospace Enterprise (DAE) has released its financial results for the six months ended June 30, 2021. DAE reported total revenue of US$613.4 million compared to the US$675.9 million in the first six months of 2020 and adjusted profit before tax of US$67.3 million compared to US$131.9 million the previous year. The company’s operating cash flow amounted to
DAE posts financial results for first half of 2021 Read More »
As part of a long-term ACMI agreement (aircraft, crew, maintenance, and insurance) between SmartLynx, a member of the Avia Solutions Group (ASG), and Royal Air Maroc, five SmartLynx Airbus A321 aircraft will come into service for the Moroccan national carrier and the country’s largest airline. The esteemed 64-year old airline currently operates a fleet of
SmartLynx and Royal Air Maroc enter into long-term commercial agreement Read More »
After unveiling plans for a major expansion in North America with a firm order for 30 E195-E2 jets, with purchase rights for a further 50 aircraft, Porter Airlines has signed a major aftermarket support package contract with Embraer. The Total Support Program (TSP) agreement includes airframe heavy maintenance checks, technical solutions, and access to the
Embraer and Porter Airlines sign major services and support agreement Read More »
Chapman Freeborn, the global air charter specialist, and part of Avia Solutions Group, has announced that Nigel Parkinson, a travel expert with 25 years’ experience in the travel industry, will join the company as its new Chief Commercial Officer – Passenger Charter Solutions. Parkinson joins the business following 13 years at ALTOUR, one of the
Nigel Parkinson joins Chapman Freeborn as CCO – Passenger Charter Solutions Read More »
