AJW Aviation, part of the AJW Group of companies, has concluded a targeted Group purchasing initiative with the closing of a deal to secure an Airbus A320-200 (MSN 1730) from SMBC Aviation Capital Netherlands B.V. This brings the total number of aircraft purchased for tear-down to four: including an A319 and B737-700, and a B757(PW).
Allegiant Travel Company has entered into an agreement to purchase six additional A319 aircraft. The aircraft are currently being operated by Cebu Pacific Air and are scheduled to enter the Allegiant operating fleet from the end of 2015 through 2017. Two of the aircraft will be purchased in 2015 and the company expects the remainder
DVB Bank SE’s (DVB) Aviation Investment Management team, in its capacity as investment advisor to the Deucalion Aviation Funds, completed the sale of 20 aircraft valued at approximately US$814m to a special purpose exempted company which, together with another limited liability company subsidiary, co-issued US$667m of Reg. S/Rule 144A DTC eligible notes (the Notes) with
The bitter dispute between US- and Gulf-based airlines has reached a new level after Emirates flatly rejected an open apology made concerning what was seen as incredibly tactless and insensitive remarks made by Delta’s Chief Executive, Richard Anderson. The unfortunate incident relates back to comments made by a group of American airlines that a number
Astronics Corporation, a leading provider of advanced technologies for the global aerospace, defense, consumer electronics and semiconductor industries, released that consolidated sales increased US$60.6m to US$166.1m, compared with the same period in the prior year. The 2014 fourth quarter included US$43.7m in incremental sales for acquired businesses. Organic sales increased US$16.9m, or 16.1%. Aerospace segment
Following approval by the European Aviation Safety Agency (EASA), Lufthansa LEOS, a subsidiary of Lufthansa Technik AG, has commenced operations with the innovative TaxiBot aircraft tractor, developed by Israel Aerospace Industries (IAI) with Lufthansa LEOS’ extensive support and cooperation. After extensive testing, the TaxiBot will now be used in real flight operations at Frankfurt Airport.
Royal Air Maroc, the national airline of Morocco, marks a milestone with the launch of its first Boeing 787-8 Dreamliner. The new, superefficient 274-seat aircraft will depart on its inaugural 6.5-hour flight from Mohammed V International Airport in Casablanca (CMN) to New York’s John F. Kennedy International Airport (JFK) on February 22nd. This launch marks
It was back in August 2012 that Russia’s United Aircraft Corporation (UAC), the manufacturer of the Sukhoi Superjet, announced its plans to build a new airliner intended to bridge the gap between the Superjet and the larger MS-21 airliner which was then in development. At the time, UAC had orders for 300 civil aircraft and
The new Eurowings will have its first base outside Germany in Vienna. Following close consultation with Austrian Airlines and at the carrier’s own request, two Airbus A320 aircraft are to be stationed there initially, offering point-to-point connections on European routes. The aircraft are to fly in the colors of the new Eurowings. It is planned
The A350 MSN2, one of Airbus’ five A350 XWB test aircraft, has landed at Adolfo Suárez Madrid-Barajas airport on February 19th for the first time, to demonstrate its all new features to Iberia, the Madrid airport authorities and the media. Iberia has eight A350-900s on order.The A350 XWB is an efficient medium-capacity long-range wide-body aircraft.
