Lufthansa Cargo achieved an operating profit of €77m in the last financial year, €28m less than in the previous year. Numerous projects in the “Lufthansa Cargo 2020” future programme were vigorously pursued; fleet modernisation was successfully initiated. A significantly higher result is expected in 2014. Lufthansa Cargo Chairman and CEO, Karl Ulrich Garnadt, emphasised at
Skytech-AIC has been appointed by TUI Travel plc to provide advisory services with respect to certain fleet projects commencing in the first quarter of 2014. In addition, TUI has appointed Skytech-AIC to market one Boeing 767-300ER aircraft for sale or sale/leaseback with availability in 2015. The 1998-built, winglet-equipped aircraft is currently operated by TUI’s Dutch
Gogo, leading provider of in-flight communications services to the global aviation industry, reported that the first aircraft of Delta’s long-haul international fleet has gone live with Gogo’s connectivity service. Passengers flying on Delta’s 747-400 aircraft fom Los Angeles to Tokyo and from Atlanta to Tokyo, on March 25th, were the first to experience the service.
Wesco Aircraft Holdings, a provider of comprehensive supply chain management services to the global aerospace industry, announced the extension of an existing just-in-time contract with GKN Aerospace through December 31st, 2017. The extension expands the number of stock keeping units (“SKUs”) and the scope of the services provided by Wesco Aircraft for GKN’s activities in
Airborne Maintenance and Engineering Services (AMES) announced new roles for two members of its top management staff. Todd France has assumed the role of Director of Business Development. In this role Todd will manage all sales activities in all business units throughout AMES. In his prior role, France was Director of Business Operations overseeing business
Avolon delivered an Airbus A320 to Pegasus Airlines on March 24th, 2014. This is Avolon’s fourth A320 aircraft on lease to Pegasus Airlines. The first aircraft was delivered in November 2013.
AJW Aviation has signed a CFM56-7 fan blade exchange agreement with Danish airline Primera Air. The five year agreement covers the airline’s entire fleet, consisting of six Boeing 737-800s and two 737-700s. Founded in 2003, Primera Air is headquartered in Copenhagen and offers flights to over seventy destinations worldwide. The AJW Fan Blade Set Exchange
DVB Bank, which is focused on international transport finance, posted consolidated net income after taxes of €110.2m, down 11.8% year-on-year (2012: €124.9m). This decline was mainly due to a special effect which impacted on the previous year’s figure: net other operating income/expenses for 2012 included a significant non-recurring effect from the sale of a stake
Air France-KLM selected the GEnx-1B engine to power its 25 Boeing 787 Dreamliners and 12 leased 787 aircraft. The total engine order is valued at more than $1.7bn. Air France-KLM and GE Aviation have also signed an agreement that will allow Air France-KLM to offer maintenance, repair and overhaul (MRO) services for the GEnx-1B engine.
Flying Colours Corp. the Canadian headquartered MRO, completion and refurbishment specialist has announced delivery of a reconfigured Bombardier Challenger 604 destined for a Nigerian-based client. The aircraft was redelivered to the client earlier this year following extensive maintenance, refurbishment, and reconfiguration work. The process took 14 weeks and included a major pre-purchase inspection undertaken on
