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Other News

Eclipse Jet announces structure and strategy

Mike Press and Mason Holland announced their formation of Eclipse Jet LLC (Eclipse Jet) with partners Roel Pieper, Raul Segredo and John Cracken to acquire and operate the assets of Eclipse Aviation Corporation (Eclipse) for the benefit of existing and future customers. Eclipse Jet will focus on building a healthy, viable platform for the Eclipse

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DOT gives final approval to Baltia Air Lines

On March 10, 2009, after presidential review, the United States Department of Transportation issued its Final Order to Baltia Air Lines. The Final Order authorizes Baltia to engage in foreign non-stop air transportation of persons, property and mail from John F. Kennedy International Airport, New York to Pulkovo Airport in St. Petersburg, Russia. Based at

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Lufthansa ground staff on short time

In face of declining passenger numbers, Lufthansa is considering the introduction of short time in the passenger business. The envisaged measure would affect around 1,000 ground staff, mostly employed on customer services and support, at several stations in Germany. The details prior to submitting an application are to be worked out with employee representatives in

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Emirates Airline announces first scheduled Airbus A380 service to Toronto

The Greater Toronto Airports Authority (GTAA) reported that Emirates Airlines will introduce their Airbus A380 on the Toronto-Dubai route, effective June 1, 2009. Emirates launched three weekly flights between Toronto and Dubai in October of 2007. This move to offer service on the A380 adds capacity to the popular route, and marks the first scheduled

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Lufthansa adjusts offer to lower demand

Lufthansa will adjust its capacities by 0.5% due to the decline in demand. The adjustment will occur by cancelling certain frequencies and combining routes and flights. At the same time, Lufthansa will be investing in selected growth markets. Consequently, certain regions in the route network will be strategically expanded by introducing new connections. The summer

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AerSale commences operations

Industry veterans Nick Finazzo and Bob Nichols, who were the co-founders and sole shareholders of Miami, Florida-based AeroTurbine, are ramping up operations for a new commercial aviation venture

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