Avolon, the international aircraft leasing company, delivered one Airbus 320-200 aircraft to Pegasus Airlines. This latest delivery is Avolon’s sixth aircraft on lease to Pegasus, one of Europe’s fastest growing airlines.
Macquarie Infrastructure Corporation (MIC) has successfully completed a planned conversion to a Delaware corporation from a Delaware limited liability company. The conversion was effective on May 21st, 2015. The conversion had no impact on the business or management of the Company and has been treated as a tax-free exchange under relevant Internal Revenue Service regulations.
Bristow Group reported net income for the March 2015 fiscal fourth quarter of US$15.1m compared to net income of US$30.3m in the same period a year ago. Adjusted net income, which excludes special items and asset disposition effects, decreased 35.3% to US$31.8m for the March 2015 quarter, compared to US$49.1m in the March 2014 quarter.
GE Aviation and Woodward announced a strategic 50/50 joint venture for fuel systems for GE’s large commercial aircraft engine lines. The new joint venture will design, develop, source, supply and service the fuel system, including components from the fuel inlet up to the fuel nozzle, for the GE90, GEnx, GE9X and all future large commercial
Embraer and Azul Linhas Aereas Brasileiras S.A. have reached a final agreement for 30 firm orders for the E195-E2 jets. The contract, announced as a Letter of Intent (LOI) during the 2014 edition of the Farnborough International Airshow, in July last year, also includes an additional 20 purchase rights for the same model, bringing the
There are currently 156 foreign airlines operating in China and it has now been announced by the country’s aviation authority that each and every one will have to pass a stringent set of safety criteria in order to continue operating there. The Civil Aviation Authority of China (CAAC) has indicated that airlines will be evaluated
Airstream International Group has arranged the sale of a 2000 manufacture Embraer ERJ-145EP aircraft on behalf of Aircraft Solutions. The aircraft, serial 201 and registration G-EMBN has been operated by BMI Regional since 2008. Prior to then, it was operated by FlyBe, British Airways and British Regional Airlines. The aircraft was purchased by an affiliate
Global Eagle Entertainment a media and connectivity provider to the travel industry, has been selected by Avianca Holdings to provide the in-flight entertainment service onboard its subsidiaries’ airlines. Through this long-term agreement, GEE will provide a variety of international and regional inflight entertainment (IFE), including movies, TV programming and audio, to Avianca’s fleet of 168+
Wizz Air signed its first lease agreement with Air Lease Corporation for one Airbus A320 to be delivered in July, planned to be the 63rd A320 aircraft in Wizz Air’s fleet. Terms of the agreement were not announced. Wizz Air is the largest low-cost airline in Central and Eastern Europe, operates a fleet of 59
Marshall Aviation Services is to team with Honda Aircraft Company in Greensboro, N.C., USA, to be the company’s Northern European provider of sales and service for the HondaJet. Marshall Aviation Services’ wide sales territory will encompass the UK regions north of the M4; the Isle of Man, Channel Islands, Ireland, Scandinavia and the Benelux countries.
