Boeing projected a demand for 6,330 new airplanes in China over the next 20 years. Boeing released its annual China Current Market Outlook (CMO) on August 25th, 2015, in Beijing, estimating the total value of those new airplanes at US$950bn. “Despite the current volatility in China’s financial market, we see strong growth in the country’s
Allegiant Travel Company, based in Las Vegas, Nevada, is continuing to grow its Airbus fleet with a firm order for one A320 aircraft. This marks the airline’s 50th commitment to an Airbus A320 Family member, and the first time they have purchased an aircraft directly from Airbus. Airbus’ Asset Management team structured the deal, which
It was announced in April 2009 that a strategic cooperation deal had been struck between TUI Travel, and airlberlin, whereby airberlin will take a 19.9% stake in TUI’s struggling German airline operations, Hapag-Lloyd Flug and Tuifly. The intention was for airberlin to take over the operation of Tuifly’s scheduled route network, leasing 17 of its
Avolon Capital Partners, Avolon’s joint-venture aircraft leasing business with Wells Fargo, has acquired an Airbus A321-200 aircraft on lease to Vueling Airlines. This is the eighth aircraft to deliver to Avolon Capital Partners.
Gogo (GOGO), a leading provider of in-flight connectivity, has received the final Supplemental Type Certificate (STC) from the FAA required to launch Gogo’s 2Ku next generation satellite connectivity service. The technology is currently installed on Gogo’s 737-500 test plane and is now cleared for in-flight testing. Gogo expects to launch commercial service of its 2Ku
Air China has announced a code share agreement with South African Airways (SA) that will enable SA to put its code on CA’s newly inaugurated non-stop service between Beijing and Johannesburg as well as points beyond Beijing to Chengdu, Shanghai , Hangzhou and Chongqing . Air China will in turn put its code on SA’s
Nok Air took delivery of the airline’s first direct-purchased Next-Generation 737-800. The delivery marks the first of seven Next-Generation 737-800s the airline has on order with Boeing. Based in Bangkok, Thailand, Nok Air is a low-cost carrier that operates an all-Boeing fleet of Next-Generation 737-800s.The airline currently operates 18 Next-Generation 737-800 airplanes on lease and
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
