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Airlines & Routes

AWAS delivers fourth of five planned 737-800s to GOL

Dublin based aircraft lessor, AWAS, has delivered a fourth Boeing 737-800 passenger aircraft to the largest low-cost airline in Latin America, GOL. These aircraft are part of five deliveries from AWAS to GOL planned through early 2013. In March 2011, GOL and AWAS entered into a purchase and lease back agreement for five Boeing 737-800s

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Direct Maintenance opens new line station in Zambia

Direct Maintenance has opened its latest line station at Lusaka Kenneth Kuanda Airport, Zambia, three letter code LUN. The new LUN line station is now EASA Part-145 and UAE GCAA certified. Launch customer for Direct Maintenance in Lusaka is Dubai based Emirates, having commenced A330 flights into Lusaka as from February 1st. As part of

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Alaska Air Group reports January operational results

Alaska reported a 6.4% increase in traffic on a 1.9% increase in capacity compared to January 2011. This resulted in a 3.5-point increase in load factor to a January record of 83.6%. Horizon reported a 16.4% decline in January traffic on a 17.7% decline in capacity compared to January 2011. This resulted in a 1.2-point increase in

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airberlin to become member of oneworld on March 20th

airberlin will become a full member of oneworld with effect from Tuesday March 20th 2012, adding Europe’s sixth largest carrier to the premier global airline alliance. Austrian airline NIKI, also a member of the airberlin group, will join oneworld at the same time as an affiliate member. airberlin received its green light to board oneworld

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B/E Aerospace reports fourth quarter and full year 2011 results

B/E Aerospace released that for the year ended December 31, 2011, revenues of $2.5bn increased 26.0% as compared with the prior year. Organic revenue growth, excluding acquisitions, was approximately 16.5%. For the year ended December 31, 2011, operating earnings of $428.0m increased 35.4% as compared with the prior year. Operating margin in the current period of 17.1%

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Dassault Rafale wins $10.4bn deal for 126 IAF jets

In a deal worth $10.4bn, India has chosen French aviation firm Dassault Rafale, over European consortium Eurofighter, to provide 126 medium multi-role combat aircraft over 10 years to the Indian Air Force. India shortlisted the Rafale and Eurofighter in April, when it rejected bids from U.S. manufacturers Lockheed Martin, Boeing, Saab AB and OAO United

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Ryanair reports 3rd quarter profit of €15m

Ryanair reported a Q3 profit of €15m compared to a Q3 loss of €10m last year. Revenues increased 13% to €844m as traffic fell 2% and ave. fares rose 17%. Unit costs rose 11% due to a 7% increase in sector lengths and an 18% increase in fuel costs. Excluding fuel, sector length adjusted unit costs

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RBS sells aviation unit for $7.3bn

Royal Bank of Scotland Group agreed to sell its aviation leasing unit to Sumitomo Mitsui Financial Group for $7.3bn. The sale of Dublin-based RBS Aviation Capital is expected to be completed by the end of the third quarter. Sumitomo Mitsui, Japan’s second-biggest bank by market value, and partner Sumitomo Corp. will take over a fleet

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