Universal Avionics’ Equipment assists Horizon Air in gaining approval for RNP 0.1 AR approach operations

July 10, 2013

Universal Avionics’ long-time customer, Horizon Air, has once again hit a new milestone. On June 25th, the Federal Aviation Administration (FAA) approved Horizon Air for Required Navigation Performance (RNP) 0.1 Authorization Required (AR) approach operations, supported with dual Universal Avionics UNS-1Ew WAAS/SBAS-Flight Management Systems (FMS). This is certainly a significant achievement as only one other

MTU Aero Engines hands over 300th modules for the engine powering the A380

July 9, 2013

The Airbus A380 sets a benchmark for low fuel burn and low noise. The world’s largest commercial aircraft owes its high efficiency and amazing noise level to no small degree to its GP7000 engines, in which MTU Aero Engines has a stake of 22.5%. Three months ago, the 250th engine was handed over to Airbus

ILFC’s 2013 mid-year lease transactions total 125

July 8, 2013

International Lease Finance Corporation (ILFC) has completed 125 lease transactions during the January through June timeframe of 2013. These transactions include extensions, new leases of used aircraft as well as placements of new aircraft from ILFC’s aircraft portfolio, which today supports a worldwide network of approximately 200 airline customers across more than 80 countries. ILFC

Azerbaijan Airlines receives first EMBRAER 190 jet

July 8, 2013

Azerbaijan Airlines (AZAL), the national airline of Azerbaijan, received the first of four EMBRAER 190s on order. The aircraft will be deployed on the carrier’s international network from Baku’s Heydar Aliyev International Airport (GYD). The three remaining aircraft are scheduled for delivery by the end of the year. The four E190s are part of an

FLY Leasing upsizes aircraft acquisition facility to $450m

July 8, 2013

FLY Leasing, a leading global lessor of modern commercial jet aircraft, has increased the size of its aircraft acquisition facility from $250m to $450m. The facility’s availability period has also been extended for two years, followed by a three year term out period to July 2018. The margin on the facility was reduced by 0.50%

REX purchases aircraft spares package from Pinnacle Airlines

July 8, 2013

The Regional Express Group (Rex) has purchased the entire Saab 340 spare parts holdings from Pinnacle Airlines in the USA. The Pinnacle spare parts package consists of spares from Mesaba Airlines and Colgan Air who together in the past operated over 80 Saab 340 aircraft. The spares package has over 215,000 items and includes engines,

Avinco leases A321 to Kolavia on behalf of TUI

July 5, 2013

Avinco, the aircraft investment manager and remarketing specialist, has placed a 1998 vintage A321-200 aircraft, MSN852, on lease to Kolavia-Metrojet on behalf of a subsidiary of TUI Travel. The aircraft was delivered to the Russian charter airline on June 5th, on a 5 year operating lease. The aircraft has been operated by Thomsonfly (UK) since

Firefly welcomes first ATR 72-600

July 5, 2013

Firefly, Malaysia Airlines’ subsidiary carrier has taken ownership of its first brand-new ATR 72-600. The aircraft is the first of 20 latest generation firm ATRs, plus 16 options, ordered by Malaysia Airlines in December 2012. Firefly currently operates 12 ATR 72-500s, and with the arrival of the new ATR 72-600s will almost triple its exclusively

Hainan Airlines takes delivery of first 787 Dreamliner

July 4, 2013

Hainan Airlines took delivery of the airline’s first 787 Dreamliner, which is the first of 10 787s for the airline. Hainan Airlines will first operate the Dreamliner on a domestic route from Beijing to Haikou. Thereafter, the airline will deploy the 787 on its North America routes, increasing the frequency of its Beijing-Seattle, Beijing-Toronto and

Tunisia’s Syphax Airlines orders the A320neo and the A320ceo

July 4, 2013

Syphax Airlines, a new Tunisian based airline, has confirmed its order to buy three A320neo. The order is the first time an African based carrier has ordered the NEO and marks a significant breakthrough for Airbus in one of the world’s fastest developing markets. Syphax have also ordered three A320ceo aircraft. The aircraft will be

Top Stories

Universal Avionics’ Equipment assists Horizon Air in gaining approval for RNP 0.1 AR approach operations

MTU Aero Engines hands over 300th modules for the engine powering the A380

ILFC’s 2013 mid-year lease transactions total 125

Azerbaijan Airlines receives first EMBRAER 190 jet

FLY Leasing upsizes aircraft acquisition facility to $450m

REX purchases aircraft spares package from Pinnacle Airlines

Avinco leases A321 to Kolavia on behalf of TUI

Firefly welcomes first ATR 72-600

Hainan Airlines takes delivery of first 787 Dreamliner

Tunisia’s Syphax Airlines orders the A320neo and the A320ceo

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