Flying Colours Corp. adds GE Line Maintenance Center authorisation for GE CF34-3 and CF34-8C engines

November 10, 2014

Flying Colours Corp., the North American MRO, completion and refurbishment specialist has added another approval to its growing list of authorisations. GE Aviation has named it as an authorized line maintenance center for GE’s CF34-3 and CF34-8C engines. Under the terms of the authorization, which was given in mid-October, Flying Colours can perform line maintenance

SMBC Aviation Capital orders 80 Boeing aircraft in US$8.5bn deal

November 10, 2014

SMBC Aviation Capital, the world’s third largest aircraft lessor, announces that it has placed a firm order for 80 Boeing 737 MAX 8 aircraft in a deal worth around US$8.5bn at list prices. The deal is the largest single order of 737 MAXs by a lessor and the largest Boeing order of any kind from

ST Engineering reports lower year-on-year profits for 3Q2014

November 7, 2014

Singapore Technologies Engineering reported that financial results for its third quarter ended September 30th, 2014 (3Q2014) came in with lower profit before tax and net profit after tax on the back of a comparable revenue of SG$1.55bn against the same period last year. Quarterly PBT was SG$151.7m, down 10% from SG$168m, and quarterly net profit

Gogo receives STC from the FAA to install Ku-Satellite connectivity service on Boeing 757-200 and 767-400 aircraft

November 7, 2014

Gogo (GOGO), a leading global aero communications service provider, has received STCs from the FAA to install its Ku-band satellite equipment on Boeing 757-200 and 767-400 aircraft operated by Delta Air Lines. Gogo now has five STCs for its Ku-band satellite service on Delta’s international fleet; Gogo previously received FAA certification to install its Ku-band

As the three-pronged attack on the US market from Gulf-based airlines continues, by March 2015 Emirates will be operating four daily flights from Dubai to JFK Airport, New York

November 7, 2014

The US knows it is under threat from airlines in the Gulf, so it comes as no more than another shot across the bows to learn that Emirates will have a fourth daily 14 hour flight from Dubai International Airport, to JFK in New York. Emirates, Etihad and Qatar Airlines are all targeting the US

Traffic involving Spain to grow at 3.1% annually over the next 20 years

November 7, 2014

According to the latest Airbus Global Market Forecast, air traffic involving Spain will double by 2033 compared to 2013. This includes domestic as well as international travel to and from the country. Madrid and Barcelona will join the group of aviation megacities by 2033 with major traffic flows connecting to/from Latin America. Domestic and international

Atlas Air Worldwide places third 747 Freighter with Etihad Airways

November 7, 2014

Atlas Air Worldwide Holdings, a leading global provider of outsourced aircraft and aviation operating services, placed a third Boeing 747 Freighter into ACMI service for Etihad Airways, the national carrier of the United Arab Emirates. The 747-400 freighter will be operated by Atlas Air on behalf of Etihad Cargo, the cargo arm of the airline,

Air Lease Corporation partners in a new aircraft leasing joint venture, Blackbird Capital I,

November 7, 2014

A wholly-owned subsidiary of Air Lease Corporation(the Company) has entered into a joint venture with a co-investment vehicle (the “JV Partner”) arranged by Napier Park Global Capital for the purpose of investing in commercial aircraft and leasing them to airlines around the globe. The newly formed entity with committed equity and debt capital is named

Pressure from the Ministry of Finance and ruling by the German Constitutional Court sees ‘Flight Tax’ continue to be levied on all flights departing German airports

November 6, 2014

As part of the German Government’s 2010 austerity package, January 2011 saw the introduction of an Air Tax in Germany. In simple terms, this affected all outward-bound and internal fights only, with the tax levied at the rate of €8.00 for short-haul flights up to 2,500km, which covered most of Europe, €25.00 for medium-haul flights

Air Canada reports third quarter net income of CA$457m

November 6, 2014

Air Canada reported third quarter adjusted net income of CA$457m compared to adjusted net income of CA$365m in the third quarter of 2013, an improvement of CA$92m. EBITDAR (earnings before interest, taxes, depreciation, amortization and aircraft rent) amounted to CA$749m compared to EBITDAR of CA$626m in the third quarter of 2013, an improvement of CA$123m.

Top Stories

Flying Colours Corp. adds GE Line Maintenance Center authorisation for GE CF34-3 and CF34-8C engines

SMBC Aviation Capital orders 80 Boeing aircraft in US$8.5bn deal

ST Engineering reports lower year-on-year profits for 3Q2014

Gogo receives STC from the FAA to install Ku-Satellite connectivity service on Boeing 757-200 and 767-400 aircraft

As the three-pronged attack on the US market from Gulf-based airlines continues, by March 2015 Emirates will be operating four daily flights from Dubai to JFK Airport, New York

Traffic involving Spain to grow at 3.1% annually over the next 20 years

Atlas Air Worldwide places third 747 Freighter with Etihad Airways

Air Lease Corporation partners in a new aircraft leasing joint venture, Blackbird Capital I,

Pressure from the Ministry of Finance and ruling by the German Constitutional Court sees ‘Flight Tax’ continue to be levied on all flights departing German airports

Air Canada reports third quarter net income of CA$457m

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