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
Swiss International Air Lines (SWISS) has contracted Lufthansa Technik to provide component support for its future Boeing 777 long-haul fleet. The corresponding Total Component Support TCS contract will run for a period of ten years and includes nine aircraft. Lufthansa Technik is working intensively on preparations for supplying components for SWISS. This includes the basic
AFI KLM E&M and Boeing have inked the long-term renewal of their joint efforts to implement their 737 Component Services Program (CSP) program. At the same time, the two parties agreed to extend the program to the future Boeing 737 MAX, first deliveries of which are scheduled for 2017. Stanley A. Deal, Senior Vice President
Embraer has delivered the first two E195 jets to Tianjin Airlines, the launch customer of this aircraft model in China. These two aircraft are part of the sales agreement Tianjin Airlines signed with Embraer in 2014 for 20 E195 and 20 E190 E2 jets, during Chinese President Xi Jinping’s visit to Brazil. Currently, Tianjin Airlines
A bi-lateral agreement has been reached for the re-introduction of scheduled air services between the USA and Cuba, though a specific date has not yet been set. This is the latest step in Barack Obama’s wish to improve political relations with the country which he announced back in December 2014. In 14th March 2015 the
Turkish Airlines has signed a definitive agreement for Pratt & Whitney’s PurePower PW1100G-JM engines to power its order of 92 firm A321neo aircraft, the largest engine order in Turkish Airline’s history. The order was originally announced during the 2015 Paris Air Show as a Memorandum of Understanding with 72 firm and 20 option aircraft. Deliveries
As a consequence of the still unaccounted for disappearance of Malaysia Airlines Flight MH370 with 239 people on board on the 8th March last year, plus taking into account recommendations made by the French investigators subsequent to the crash of Air France’s Flight 447 in the Atlantic killing all 228 passengers and crew on board,
