GE Capital Aviation Services Limited (GECAS delivered a new leased Boeing 737-800 aircraft to China’s Okay Airways Company. The aircraft comes from GECAS’ existing order book with Boeing. It is the first of two scheduled for lease to Okay Airways in 2014 to expand the carrier’s fleet. Okay Airways operates a fleet of 24 aircraft
Finnair’s saving negotiation with the Finnish Flight Attendants’ Association (SLSY), which were agreed upon as a part of the national Finnish Employment and Growth Pact on November 15th, 2013, has proven unsuccessful. Savings negotiations with the Finnish Aviation Union (IAU) and the Trade Union PRO concerning the technical personnel still continue. Finnair targets more than
AJW Aviation has extended its on-going ten year power-by-the-hour contract with Berlin-based airline Germania, to now cover an additional five aircraft, including four A321s and one A319. The addition of these takes the number of aircraft under contract with AJW to a total of twenty-three Airbus and Boeing commercial jets. Germania anticipates future fleet additions
AirAsia X, the long haul, low fare airline affiliate of the AirAsia Group and GE Aviation have signed a Memorandum of Understanding for the selection of CF6-80E1 engines to power AirAsia X’s 25 new firm Airbus A330-300 aircraft, with options for an additional three A330 aircraft. These engines will be covered by a multi-year OnPoint
airberlin closed the 2013 financial year with an operating loss (EBIT) of €-231.9m (€70.2m in financial year 2012). EBITDAR amounted to €432.7m in financial year 2013 (financial year 2012: €736.4m), EBITDA to €-146.7m (financial year 2012: €144.3m). The Turbine efficiency program achieved the desired contribution of €200m to the cost and turnover side and a
UTC Aerospace Systems’ Engineered Polymer Products (EPP) facility in Jacksonville, Fla. recently received Nadcap (national aerospace and defense contractors accreditation program) accreditation for manufacture of aerospace composites. The company’s EPP team specializes in designing, manufacturing, testing and servicing acoustic and structural composite products for both military and commercial applications. Nadcap is a worldwide cooperative program
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.
