Air Lease Corporation announced lease agreements with China Airlines for three new Boeing 737-800 aircraft, which are scheduled for delivery in 2015 and 2016. These aircraft are from ALC’s order book from Boeing.
Etihad Airways welcomed airberlin’s decision to accelerate structural change within the airline to target sustainable profitability. airberlin announced a strategic review of its long-term business model as it reported its 2013 annual financial results. The predominant objective will be to restructure the airline and shape a robust business model that is fit for purpose in
Regional Express (Rex) celebrated the official opening of its SAAB 340 Full Flight Simulator (FFS) on April 28th. The opening ceremony was held in Wagga Wagga at its cadet pilot academy, the Australian Airline Pilot Academy (AAPA), in conjunction with a Rex Cadet graduation ceremony. The simulator was acquired from FlightSafety International in May 2013.
The African Business Aviation Association (AfBAA) announced a Memo of Understanding with the Commercial Aviation Association of South Africa (CAASA). The purpose of the agreement is to ensure that both parties provide continued support to each others’ ongoing promotion of Business Aviation as an efficient and safe mode of transport across the continent of Africa.
Mxi Technologies, a leader in aviation maintenance management software, reported that China Airlines has successfully gone live with a full-fleet upgrade to the Maintenix version 8 (v8) stream. Deployed across a maintenance and engineering network of more than 1600 users, Maintenix v8 offers China Airlines a scalable platform that will facilitate organizational expansion, business process
Alaska Air Group reported record first quarter net income, excluding special items, of $89m compared to adjusted net income of $44 million in the prior-year quarter. Recorded net income for the first quarter under Generally Accepted Accounting Principles (GAAP) of $94m, compared to net income of $37m in 2013. Reported record adjusted pretax margin for
GE Capital Aviation Services delivered a new leased Boeing 737-800 aircraft to Transavia France to expand the carrier’s fleet. The aircraft is the second of three aircraft GECAS is leasing to transavia.com for delivery in 2014. The third aircraft is scheduled for delivery in May. Low-cost carrier Transavia France operates an all- Boeing 737-800 fleet
AgustaWestland, a Finmeccanica company, and Heliconia Aero Solutions, the flagship Company of Heliconia Group in Morocco, announced the signing of a Distributorship Agreement for AgustaWestland helicopters models in Morocco. Both companies are also pleased to announce that Heliconia has placed a first order for two AW139 intermediate twin helicopters, plus a number of options, to
For the first quarter 2014, American Airlines Group reported a record GAAP net profit of $480m. This compares to a net loss of $341m in the first quarter 2013. The company’s GAAP results for the first quarter 2013 reflect AMR Corporation prior to the merger. On a combined basis, total revenues in the first quarter
Sikorsky Aircraft reported that Yunnan Jingcheng Group accepted delivery of the first S-76D aircraft that will operate in China. The aircraft is configured for transportation of corporate and government VIPs. Sikorsky recently announced at the 2014 Asian Business Aviation Conference & Exhibition that the Civil Aviation Administration of China (CAAC) had issued a validation type
