GE Capital Aviation Services (GECAS) announced delivery of a new leased Airbus A321 aircraft to Air China.The aircraft is part of GECAS’ existing order book with Airbus. Air China is a longstanding GECAS customer and is the flag carrier of the People’s Republic of China with a fleet of more than 300 aircraft.
North America-headquartered completion and refurbishment specialist Flying Colours Corp. has inaugurated its interiors facility at the Bombardier Service Centre, Seletar Airport, Singapore. The grand opening ceremony, took place on April 21st. With a capacity for multiple aircraft projects to be undertaken at any one time Flying Colours has already completed its first project to refinish
Finnair, the first European airline to operate the Airbus A350 XWB aircraft, has awarded Lufthansa Technik a 12-year agreement for component support for the new aircraft type. Lufthansa Technik is one of the leading providers of technical services for the aviation industry, and the agreement with Finnair is the company’s first contract for A350 XWB
Finnair is strengthening ties with fellow oneworld alliance members Japan Airlines and Qantas, with new codeshares on the airlines’ respective services to Busan, South Korea and Perth, Australia. Busan is a new addition to Finnair’s extended network, which Finnair passengers can now reach daily via Tokyo Narita on services operated by Japan Airlines. The new
DVB Bank, the international transport finance specialist, more than doubled consolidated net income for the first quarter of 2015, from €33.9m to €74.9m. At €140.6m, total income (comprising net interest income after allowance for credit losses, net fee and commission income, results from investments in companies accounted for using the equity method, net other operating
Air Partner, a leading provider of private aviation services to industry, commerce, governments and private individuals worldwide, is pleased to announce the acquisition of Cabot Aviation, a leading global Aircraft Remarketing broker for a total consideration of up to £1.2m. It is expected that the acquisition will be earnings enhancing in the year to 31st
The joint venture between the three airlines Air France-KLM, Delta Airlines and Alitalia has its origins in the open skies agreement between the EU and USA signed on the 22nd March 2007. Six months later Air France and Delta Airlines formed a JV for close cooperation on all transatlantic hub-to-hub routes, including flights both to
airberlin reported that in the first quarter of 2015, EBIT rose to €-159.9m, or €23m over the same quarter last year (Q1, 2014: €-182.8m). This demonstrates that despite a competitive market environment, the strategic and operational realignment at airberlin had already begun producing some positive effects on earnings at the start of the year. Revenue
Boeing and Turkish Airlines celebrated a milestone with the delivery of the airline’s 125th airplane purchased from Boeing – a Next-Generation 737-900ER – and one of 12 airplanes the Turkish flag-carrier will take delivery of this year. Boeing and Turkish Airlines’ relationship stretches back to 1968 when the airline first purchased one McDonnell Douglas DC-9.
Bombardier has teamed up with Pratt & Whitney to develop and implement a data management service for the CSeries aircraft – part of the overall Bombardier Aircraft Health Management System (AHMS) capable of transmitting real-time and recorded data from the aircraft. The AHMS will facilitate remote troubleshooting and deliver efficient and accurate diagnostics for use
