It has been announced that Scandinavian Airlines (SAS) will be selling two of its slot pairs at Heathrow by the end of October, reducing their holding to just 19 daily slot pairs. SAS have made it clear that after this sale of both slot pairs, they do not intend to further reduce their slot numbers
Deutsche Lufthansa AG achieved its operating-result objective for 2014. The €954m operating profit reported for the year was a €255m or 37% improvement on the prior-year result. Following a revision of its original projections owing to negative yield trends and the extraordinary impact of strike action, the company had projected an operating profit for the
Mesa Air Group of Phoenix, Arizona (Mesa Airlines) has signed a firm purchase agreement for seven CRJ900 NextGen aircraft. The transaction was concluded on the sidelines of the International Society of Transport Aircraft Trading (ISTAT) Americas 2015 conference held in Mesa’s hometown. Based on the list price of the CRJ900 NextGen aircraft, the firm order
Swiss International Air Lines (SWISS) announced a commitment to purchase three additional 777-300ER (Extended Range) airplanes. The order is valued at US$990m at list prices. This latest commitment follows SWISS’ previous order for six 777-300ERs in 2013. SWISS is part of the Lufthansa Group and currently serves 69 destinations across 37 countries worldwide from Zurich,
Boeing and EL AL, the Israeli flag-carrier, celebrated a major milestone on March 12th, with the delivery of the airline’s 50th airplane purchased from Boeing – a Next-Generation 737-900ER. The delivery is the fifth 737-900ER for the airline following an order placed for eight between 2011 and 2013. Since taking delivery in 1961 of its
Nextant Aerospace, a Directional Aviation Capital company, maker of the Nextant 400XTi – the world’s only remanufactured business jet – and the forthcoming Nextant G90XT turboprop, have solidified a multiple 400XTi aircraft order from PlaneSense, a fractional aircraft ownership company based in Portsmouth, New Hampshire. The new agreement is a five aircraft order, with two
Chorus Aviation has entered into an agreement to acquire all of the issued and outstanding shares of 519222 Ontario Limited, a holding company that owns Voyageur Airways and its related companies (‘Voyageur’), a leading provider of specialized aviation services with international operations. Voyageur, a Transport Canada approved air operator, is an integrated provider of specialized
UK-based Fine Tubes and US-based Superior Tube have signed a two year contract with Fusoh Aviation Co., to act as their distribution partner in Japan for the aerospace and space sectors. Fine Tubes and Superior Tube see significant growth potential in the Japanese aerospace and space markets and, having worked successfully with Fusoh on an
Jet Aviation Basel has been selected by Boeing Business Jets (BBJ) to complete the interiors of two Boeing B777-300ER aircraft on behalf of an undisclosed client in Asia. The project will be completed in Q3 2018. Following an intense and competitive bidding process that Boeing Business Jets undertook to achieve its customers’ detailed requirements. The
CIT Aerospace, a global leader in aircraft finance, announced its selection of CFM56-5B engines to power five new Airbus A321ceo aircraft. The order is valued at US$100m at list price and the aircraft will be delivered between 2015 and 2016.
