Four months after their newly appointed company president and CEO, Oscar Munoz, was forced to take medical leave following a heart attack in October last year, United Airlines have revealed that he underwent heart transplant surgery on Wednesday 6th January at an undisclosed medical facility. While the operation is believed to have been a success
BOC Aviation placed an order for 30 Airbus A320 family aircraft at the end of December 2015 as it continues to build on its existing order book to fulfill customer demand. This latest order comprises 18 A320 NEO family and 12 A320 CEO family aircraft. “This order underscores our continued confidence in the reliability and
Just over 18 months after the Japan-based low cost carrier subsidiary of China’s Spring Airlines began operations, it is to receive a welcome capital boost in the form of JPY18 billion (US$151 million) from local Japanese investors, including a major real estate company and consumer electronics retailer Bic Camera. Under current legislation, as the airline
Minsheng Financial Leasing has announced the closing of a seven aircraft financing facility led by DVB. The aircraft portfolio consists of three A320-200s and four 737-800s on long-term operating leases to airlines from Turkey, Spain, China and Indonesia. DVB is the Arranger, Security Trustee and Facility Agent and also the Original Lender alongside Helaba (Landesbank
Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, announced extended coverage from its UK facility for Pratt & Whitney Canada’s PW300 turbofan engine. Vector Aerospace’s Fleetlands site in Gosport has been a Designated Overhaul Facility (DOF) for the PW307A (Dassault Falcon 7X), PW308A (Hawker 4000) and PW308C (Dassault Falcon
Originally completed in 1999, Shanghai’s Pudong airport is now undergoing its third major expansion program to cope with the rapidly and originally unforeseen increase in passenger numbers which, for 2014, exceeded 51 million. Present plans include the construction of a 622,000m2 third terminal at a cost of US$3.18 billion which will cater for up to
When Etihad was encouraged by both regional and national German governmental representatives to invest in a 29.2% stake in airberlin back in 2011, it did so with 63 codeshare agreements in place with the German airline. However, predominantly after intense lobbying from airberlin’s chief rival and Germany’s largest airline, Lufthansa, 29 of those codeshare agreements
Air Lease Corporation has sold 25 ATR aircraft in its fleet to Nordic Aviation Capital A/S. These ATR aircraft have served ALC well in meeting the demand from airline customers operating shorter sector lengths. As the business has matured, ALC has focused more on its mainline jet aircraft operations with these turboprop aircraft now accounting
Finnair has entered into a memorandum of understanding with GECAS, on the sale and leaseback of two Airbus A350 aircraft. The financing will cover Finnair’s 6th and 7th A350 deliveries, which are currently scheduled to enter the Finnair fleet in July 2016 and February 2017, respectively. The value of the transaction at present foreign exchange
Delta TechOps, Delta Air Lines’ maintenance division, signed an agreement on December 21st with Rolls-Royce for the establishment of BR715 overhaul capability in Delta TechOps, during 2016. Delta Air Lines began operating BR715 powered Boeing 717s in 2013 and is the largest operator of this aircraft type with 91 entering into service. This agreement is
