AAR has successfully completed a cabin modification project in a tight timeframe on three Airbus A319-100s flown by Drukair, the national carrier of the Royal Government of Bhutan. Delivering an integrated, turnkey solution, AAR replaced the business and economy class seats, installed additional passenger seating in economy class and received design approvals from the European
Etihad Airways, the national airline of the United Arab Emirates, outlined a range of major changes to its Australian operations, including new aircraft, new routes, additional flights and new airport facilities. Speaking in Sydney at the CAPA Australia Pacific Aviation Summit, the President and Chief Executive Officer of Etihad Airways, James Hogan, said Australia was
Eurocopter’s recently delivery of the AS365 N3 is the Fire and Disaster Management Agency’s (FDMA) third helicopter of this model. The brand new aircraft began operations in the Miyagi Prefecture as a replacement for its BK117 C-2 which was damaged during the 2011 Great East Japan Earthquake.
Philippine Airlines (PAL) has taken delivery of its first Airbus A321. The aircraft was handed over at the Airbus delivery centre in Hamburg, Germany on August 6th and is the first of 64 new Airbus aircraft ordered by the airline in 2012 under a major fleet modernisation programme. These include 44 single aisle A321s and
Boeing and Travel Service have finalized an order for three 737 MAX 8s, valued at $301.5m at list prices. The Czech Republic-based carrier originally announced a commitment to purchase the 737 MAX in June during the 2013 Paris Air Show. This latest announcement brings the total number of orders to date for the 737 MAX
AeroCentury Corp., an independent aircraft leasing company, reported its operating results for the second quarter ended June 30, 2013. The Company reported net income of $0.9m for the second quarter of 2013, compared to net income of $1.0m for the second quarter of 2012. The Company reported net income of $5.0m for the six months
Air Canada reported adjusted net income of $115m in the second quarter of 2013 compared to an adjusted net loss of $7m in the second quarter of 2012. Second quarter EBITDAR amounted to $385m compared to EBITDAR of $312m in the second quarter of 2012, an increase of $73m. On a GAAP basis, Air Canada’s
Virgin America reported its financial results for the second quarter of 2013 with operating income of $27.9m and net income of $8.8m (compared to a year-ago loss of $31.8m, an improvement of more than $40m), on total revenue of $376m for the three months ending June 30. The airline posted an 8.6 point improvement in
Airbus has delivered its 8,000th aircraft – an A320 for the Indonesian wing of AirAsia. The aircraft took off from Toulouse, France on Saturday 3rd August and arrived on August 6th at its new base in Jakarta.AirAsia Group is the largest low-cost airline in Asia and operates an all-Airbus fleet. The airline is the largest
Willis Lease Finance Corporation (WLFC) reported earnings of $9.7m in the second quarter ended June 30, 2013, compared to $1.6m in the preceding quarter and $2.4m in the second quarter a year ago. For the first six months of 2013, net income attributable to common shareholders was $11.3m compared to $5.0 million in the first
