The ongoing uncertain economic outlook in Europe and Asia is contributing to weak consumer demand in Finnair’s main markets. Air traffic is expected to grow moderately in 2014. Finnair, however, will not be able to benefit from that growth without progress in its cost savings program and its target cost structure in place. Finnair estimates
GE Capital Aviation Services (GECAS) completed a purchase-and-leaseback transaction with Aerovías De Mexico S.A.de C.V., (Aeromexico), for a new GEnx engine. The engine will be used as a spare to support the airline’s Boeing 787 fleet.
Boeing and Japan Transocean Air (JTA) finalized an order for 12 Next-Generation 737-800 airplanes. The arrival of the new 737-800s in 2016 will mark the start of the airline’s fleet renewal program. The order, first announced as a commitment on March 27, is valued at $1.1bn at list prices. As part of the agreement, JTA
Monarch Aircraft Engineering (MAEL) has secured a contract with TAG Aviation to provide full maintenance support services for its Boeing 757-200ER aircraft. Farnborough-based TAG Aviation, which is a new customer for MAEL, will be operating the 757 on “Around the World” flights on behalf of TCS Expeditions, a tour operator. The services MAEL will provide
Air Lease Corporation took direct delivery of the first of 15 777-300ERs (Extended Range) from its existing order pipeline with Boeing. This 777-300ER, the eighth 777 in ALC’s fleet, is one of two delivering to British Airways on long-term lease from the lessor. The second 777-300ER for British Airways is scheduled to deliver from Boeing
Rusada Software released that following the selection of its MRO software, TNT Airways long haul fleet have completed the implementation project that started in April 2013. The inaugural important project milestone was completed in August 2013 when the first B777F OO-TSA was live in the Envision System. Now, just over a year after the project
GE Capital Aviation Services (GECAS) delivered a new Embraer E190LR aircraft to Montenegro Airlines to expand the carrier’s fleet. The aircraft is from GECAS’ existing order book with Embraer. Montenegro Airlines currently operates a fleet of nine aircraft to destinations in Europe.
The U.S. Federal Aviation Administration approved additional extended operations (ETOPS) for the Boeing 787 Dreamliner. The move will allow 787s to be operated up to 330 minutes from a landing field and signals continued confidence in the airplane’s technical capabilities. Dreamliners have been allowed to operate up to 180 minutes away from a landing field
GE Capital Aviation Services (GECAS) will lease two new Boeing 737-800 aircraft to Kenya Airways to expand the carrier’s fleet. The aircraft come from GECAS’ existing order book with Boeing and are scheduled for delivery in early 2015.
AJW Aviation has signed a two year contract with Nigerian airline Air Peace to provide power-by-the-hour support for its four B737-500 aircraft. Although this is AJW’s first contract with the airline, their Boeing fleet joins over 500 aircraft which AJW currently has under PBH or pooling globally. AJW will support Air Peace from its significant
