Alaska Airlines flight attendants approved a new five-year contract. Included in the new contract are quality of life enhancements and pay increases that rank Alaska’s 3,400 flight attendants among the highest paid in the industry at every pay step. Under the Railway Labor Act, which governs collective bargaining agreements in the airline industry, contracts do
Dassault Aviation rolled back the curtains on the ultra long range Falcon 8X, the company’s new flagship and the latest addition to the growing Falcon business jet family. Unveiled at Dassault’s Bordeaux-Merignac facility before an audience of customers, operators, industrial partners and representatives of certification authorities, the 8X will offer the greatest range and the
Waypoint Leasing (Ireland), a leading global helicopter leasing company, has closed the acquisition of a portfolio of 31 in-demand, new technology aircraft from First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy. The portfolio includes 18 AgustaWestland AW139s, 11 Sikorsky S-92s and two Sikorsky S76C++ aircraft models. All aircraft
Etihad Airways, the UAE’s national carrier, has received financing from Abu Dhabi Commercial Bank (ADCB) for its first Airbus A380-800 aircraft, which was showcased to the public for the first on December 18th, at Abu Dhabi International Airport. ADCB is providing financing for one A380-800 aircraft following a competitive global request for proposal. The A380
VLM Airlines has signed a long-term support agreement with PowerJet, manufacturer of the SaM146 engine that powers the Sukhoi Superjet 100 (SSJ100). In October 2014, VLM Airlines announced the airline would become the first European operator of the long-range SSJ100 LR regional aircraft. Arthur White, CEO of VLM Airlines, says: “This cooperation is another step
Air France signed an agreement with UTC Aerospace Systems (UTAS) to provide rotable provisioning (on lease and exchange) and MRO (maintenance, repair & overhaul) services on Boeing 787 nacelle Dreamliner components designed and manufactured by UTC Aerospace System’s Aerostructures business unit. The agreement negotiated with UTAS paves the way for AFI KLM E&M to implement
Finnair Board of Directors has approved as a part of existing long-term incentive arrangement a performance share plan, covering years 2015–2017, for the key personnel of the Finnair Group. The share plan is a part of Finnair’s long-term share-based incentive arrangement that Finnair Board of Directors approved in 2013, and which consists of annually commencing
Air Lease Corporation announced a long term lease agreement for an additional new ATR 72-600 with KALSTAR Aviation (Indonesia), delivering from its order book with ATR in the second half of 2015. The aircraft will join two other ATR 72-600 aircraft already operated by the airline, also on long term lease from ALC.
Virgin America and China Eastern announce a codeshare agreement on December 16th, to offer seamless booking and travel from Shanghai, China to multiple destinations across the United States. The new agreement will see China Eastern place its two-digit flight code (MU) on a range of Virgin America routes from Los Angeles and San Francisco –
Finnair has signed a Memorandum of Understanding (MoU) with GOAL German Operating Aircraft Leasing GmbH & Co. KG for the sale and leaseback of three Embraer 190 aircraft. The transaction is expected to be closed by the end of March 2015. The value of the transaction is approximately 55 million euros at current market value
