Elix Aviation Capital (Elix) has delivered one Dash 8-202, MSN 516, on lease to Air Kenya Express. This is the first aircraft Elix has delivered to Air Kenya. With this new delivery, Elix continues to expand its leasing services in the African market. Elix Aviation Capital is a regional aircraft leasing platform established in 2013 to […]
Elix Aviation Capital delivers Dash 8-202 to Air Kenya Express Read More »
Indonesian low-cost carrier Sriwijaya Air has confirmed that Flight SJY 182 from Jakarta to Pontianak crashed shortly after take-off on Saturday, January 9, 11 nautical miles north of Jakarta’s Soekarno-Hatta International Airport. Debris from the aircraft including a plane registration number, wheels from the landing gear, and life vests, together with body parts have been
Pratt & Whitney has presented China Flying Dragon GA with its official Designated Maintenance Facility (DMF) plaque and certification, officially inducting the aviation maintenance facility into the global Pratt & Whitney customer service network. Based in Harbin, the capital city of China’s northernmost province, Heilongjiang, China Flying Dragon is now authorized to provide line maintenance
Pratt & Whitney adds China Flying Dragon to service network in China Read More »
Qatar Airways has increased São Paulo services to ten-weekly flights and expanded codeshare cooperation with LATAM Airlines Brazil optimizing connectivity for both airline’s passengers to and from destinations in Asia, the Middle East, and South America. The new codeshare agreement will further strengthen the two airline’s strategic partnership, first initiated in 2016 and expanded in June
Qatar Airways signs expanded codeshare agreement with LATAM Airlines Brazil Read More »
ST Engineering has entered into a ten-year agreement with Honeywell Aerospace that will see the group appointed as the only licensed MRO service provider based in Asia Pacific for Honeywell components installed on the LEAP-series engines. Under the agreement, ST Engineering is appointed to provide component MRO and warranty repair services to all Asia Pacific
ST Engineering appointed MRO licensee for Honeywell components in LEAP-series engines Read More »
Dubai Aerospace Enterprise (DAE) has reported its business transactions update for the full year 2020 for its aircraft leasing division, DAE Capital. The number of new underwriting aircraft purchase commitments in the full year 2020 was 55 aircraft (owned: 38; managed: 17) and the number of acquired aircraft was 38 (owned: 23; managed: 15). DAE
Dubai Aerospace Enterprise reports business transactions update for 2020 Read More »
Harel Locker, Chairman of Israel Aerospace Industries (IAI) Board of Directors, has announced his intention to step down in 90 days. Locker assumed the position in September 2017. During his tenure, IAI underwent significant changes to its business structure. The company improved its bottom lines and for the first time passed the US$4 billion sales
IAI Board Chairman Harel Locker plans to step down Read More »
Subsequent to the signing of the Abraham Accords peace agreement, Israer Airlines has signed an agreement with Etihad Aviation Training (EAT), part of which includes a ‘dry lease’ enabling the Israeli carrier to train its pilots on EAT’s Airbus A320 full-flight simulator in Abu Dhabi using its own instructors. EAT offers a wide range of
Historic partnership struck between Etihad Aviation Training and Israir Airlines Read More »
Since July 2020, Deutsche Lufthansa AG has raised a total of around €500 million by using aircraft as security in eight financing transactions. This enabled the Group to secure additional funds on top of the €1.6 billion raised via a convertible bond and a corporate bond. The five Airbus A350s and three aircraft from the
Lufthansa raised €500 million in aircraft financing in second half of 2020 Read More »
The International Air Transport Association (IATA) has announced that the recovery in passenger demand which had been slowing since the Northern hemisphere’s summer travel season, came to a halt in November 2020. Total demand (measured in revenue passenger kilometers or RPKs) was down 70.3% compared to November 2019, virtually unchanged from the 70.6% year-to-year decline
IATA: passenger demand recovery comes to a halt in November Read More »
