Ellinair, the Greek airline, has chosen AJW Aviation to provide full power-by-the-hour services for its A320 aircraft. AJW Leasing will also site main base kit at its operational headquarters in Macedonia International Airport in Thessaloniki. Since the company’s launch in 2013, Ellinair has rapidly expanded its route network, connecting mainland Greece and the Greek Islands
Cabot Aviation, part of the Air Partner group and a leading aircraft remarketing broker, has been appointed by Kenya Airways as its exclusive remarketing agent for four B777-200ERs. The aircraft, which hold the serial numbers 33681, 33682, 33683 and 36124, were all delivered new to Kenya Airways between 2004 and 2007 and have been operated
HEICO Corporation has completed two more acquisitions, in addition to one announced last week. Both purchases were made for cash, but other transaction terms and financial details were not disclosed. HEICO stated that it expects both acquisitions to be accretive to its earnings within the first year after the closing. The Company’s Electronic Technologies Group
The Air Line Pilots’ Association, ALPA, is making it clear they want to see a multi-angled approach to dealing with safety issues involving UAVs (unmanned aerial vehicles). This comes hot on the heels of the FAAs warning that “pilot reports of unmanned aircraft have increased dramatically over the past year, from a total of 238
GECAS’ Regional Aircraft Group completed delivery of three leased Embraer E195 aircraft to BoraJet Airlines. BoraJet is a privately owned regional carrier based in Istanbul. It currently operates a fleet of 14 aircraft to 19 destinations in Turkey and surrounding areas.
Dubai Aerospace Enterprise (DAE) announced the following leasing transactions as part of its effort to expand its aircraft leasing portfolio. DAE placed six new ATR 72-600s on long-term lease to Azul Brazilian Airlines for delivery in 2015. Four new ATR 72-600s on long-term lease to Airlines PNG, based in Papua New Guinea. These aircraft are
Boeing and Sriwijaya Air celebrated the delivery of two new Next-Generation 737-900ER (Extended Range) airplanes. This is the first all-new airplane delivery for Sriwijaya Air, Indonesia’s third largest carrier. The Jakarta-based airline operates an all-Boeing fleet of 737 airplanes and offers flights to various Indonesian destinations and a select few international cities. The new 737-900ERs
FedEx pilots, represented by the Air Line Pilots Association, Int’l (ALPA), reached a tentative agreement with FedEx management on an amended collective bargaining agreement. The parties have been actively negotiating since 2011. Discussions started in 2011 under a special interim discussions agreement that had originally been made by both parties to assist in narrowing the
Hong Kong Aviation Capital (HKAC) announced the completion of a new $725m secured limited-recourse warehouse facility. The facility provides HKAC significant flexibility with 100% blind capacity to finance its future aircraft deliveries or refinance existing aircraft. The facility was oversubscribed and is priced competitively at a margin of 2.00%. The facility was structured by Credit
Like a number of Asian countries, Indonesia is struggling to maintain internationally accepted safety standards, established by the ICAO, as demand for flights continues to increase. By 2034 this demand is expected to triple according to IATA. The country’s situation has not been helped with a number of recent major accidents including the crash of
