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Over 1,500 orders for the versatile Airbus A330

Airbus’ successful widebody A330 Family has passed the major milestone of winning over 1,500 firm orders from over 100 customers. Total sales to date (1,501) include a recent order for four A330-200 Freighters from Turkish Airlines and 25 A330-900neo from Air Lease Corporation. The A330 is one of the world’s most efficient aircraft with best

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FLY Leasing re-prices US$452m 2012 term loan

FLY Leasing, a global leader in aircraft leasing, re-priced its 2012 Term Loan. The interest rate on the amended loan will be LIBOR plus 2.75%, a 0.75% reduction from the previous margin. In addition, the LIBOR floor will be reduced from 1.00% to 0.75%. As of December 31st, 2014, the facility had an outstanding principal

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DAE reports record revenue and net income for full year 2014

Dubai Aerospace Enterprise (DAE) reported net income for 2014 of US$159.5m (AED 586m), an increase of 43% from US$111.6m (AED 410m) in 2013. Revenue for full year 2014 increased to US$2,112m (AED 7,761m) from US$2,105m (AED 7,735m) for full year 2013. DAE Managing Director Khalifa H. AlDaboos said: “The 2014 financial results reflect a sharp

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Boeing-built CH-147F maintenance training center opens in Canada

In 2013 and 2014, The Royal Canadian Air Force (RCAF) took delivery of 15 new Boeing-built CH-147F Chinook helicopters, among the most capable and advanced variants of the legendary Chinook family. Now, the RCAF and Boeing have unveiled an equally advanced training facility for those helicopters. The Medium-to-Heavy Lift Helicopters (MHLH) Maintenance Training Center at

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Delta Air Lines reports March quarter profit

Delta Air Lines reported financial results for the March 2015 quarter. Delta’s adjusted pre-tax income for the March 2015 quarter was US$594m, an increase of US$150m over the March 2014 quarter on a similar basis. Delta’s adjusted net income for the March 2015 quarter was US$372m and its adjusted operating margin was 8.8%. On a

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