The Royal Netherlands Air Force’s Pilots will train in Italy on Finmeccanica – Alenia Aermacchi’s jets in service with the Italian Air Force, thanks to the agreement that has been signed by the Chiefs of Staff of the two Air Forces in Milan that envisages the detachment of an instructor and two student pilots of
Japan Airlines (JAL) has renewed its LLP supply agreement with TES Aviation Group (UK). The programme covers approximately 15 CF6-80C2 shop visits at the Engine Maintenance Centre in JAL’s maintenance affiliate, JAL Engineering Company, for its 767 fleet. Headquartered in Shinagawa Tokyo, Japan’s major carrier operates a large fleet of narrow and wide-body aircraft covering
FLY is reporting net income for the first quarter of 2015 of US$17.3m, this compares to net income of US$3.6m for the same period in 2014. The first quarter 2015 results include US$21.9m of end of lease revenue and a charge of approximately US$4.0m associated with termination of the Aircraft Acquisition Facility. End of lease
It was at midnight last night (Thursday) that a substantial fire broke out in an electrical cabin that was undergoing maintenance in terminal 3 at Rome’s Fiumicino airport. The fire was so severe that the whole airport was closed for a period of time, involving the cancellation of several dozen flights and which left hundreds
Bombardier Commercial Aircraft and Swiss International Air Lines (SWISS) announced that SWISS will be the first customer to take delivery and operate the CSeries aircraft when the CS100 aircraft enters service in the first half of 2016. Bombardier also confirmed that the CSeries aircraft will make its world debut at the International Paris Air Show
Bombardier reported its financial results for the first quarter ended March 31st, 2015. Revenues totalled US$4.4bn for the quarter, compared to US$4.4b for the same period last fiscal year. For the first quarter ended March 31, 2015, earnings before financing expense, financing income and income taxes (EBIT) totalled US$228m, or 5.2% of revenues, compared to US$207m or
Avolon (AVOL), the international aircraft leasing company, announced the delivery of one new Airbus 320-200 aircraft to VivaAerobus. This is the the first of four aircraft due to deliver to VivaAerobus.
Air Lease Corporation (ALC) reported financial results for the three months ended March 31, 2015. Revenues increased 13% to US$278m for the three months ended March 31st, 2015 as compared to US$246m for the three months in 2014. On April 22nd, 2015, the Company settled the litigation with American International Group, and International Lease Finance
SkyQuest International, has arranged the successful acquisition of one Boeing 737-300QC (-33A) aircraft on behalf of FSG Aviation of Hamilton, Bermuda. The aircraft has been sold by Air Panama of Panama City, Panama. The 1992 aircraft, Serial Number 25744, is powered by CFM International CFM56-3C1 engines and is fitted with a convertible 144 passenger or
GE Aviation held a groundbreaking ceremony for a new expansion at its facility in Hooksett, N.H. GE Aviation began building a 55,000 ft² expansion to increase capacity driven by a record backlog in its commercial engines business. This will represent a nearly US$50m investment in Hooksett over the next decade. GE has a significant presence
