BOC Aviation’s fleet size hit 200 aircraft for the first time following the delivery of a new Boeing 737-800 aircraft from the manufacturer’s facility in Seattle, on November 8th. The aircraft has been leased to Jet Airways. The portfolio of 200 aircraft, comprising 176 owned and 24 managed aircraft, are on lease to 55 airlines
TransAsia Airways of Taiwan has placed a firm order with Airbus for another six A321neo aircraft. The new aircraft will be part of the airline’s fleet expansion and will allow it to develop new routes to regional destinations. The aircraft will be powered by Pratt and Whitney PW1100G engines. The latest contract takes TransAsia Airways’
AAR has sourced and is modifying two Boeing 737-400 aircraft for Colombia’s Air Force, Fuerza Aerea Colombiana (FAC). The program is expected to generate approximately $31m in the second half of the Company’s current fiscal year. The program demonstrates AAR’s wide range of capabilities, which the Company combines to create custom-tailored solutions for its commercial
Air Canada reported earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent (EBITDAR), before the impact of certain benefit plan amendments, of $554m in the third quarter of 2012 compared to EBITDAR of $535m in the third quarter of 2011, an increase of $19m. Including the favourable impact of benefit plan amendments, EBITDAR
Vueling made an operating profit of €50.1m in the third quarter of 2012, an improvement of 22% compared to the same period of last year. The operating profit (EBIT) rose by 12% on last year to €68.2m. For the period from January to September, the net profit amounted to €41.3m, an increase of 93%. Vueling’s
Bombardier Aerospace’s revenues totalled $2.3bn, the same level as last fiscal year. EBIT totalled $123m translating into an EBIT margin of 5.4% for the third quarter ended September 30, 2012, compared to $129m, or 5.6%, last fiscal year. Free cash flow usage totalled $68m compared to a free cash flow of $53m for the corresponding
Boeing and Guggenheim Aviation Partners announced an agreement for Boeing to convert three 767-300ER passenger airplanes to freighters. The Boeing Converted Freighters (BCF) will be delivered to Guggenheim Aviation Partners in 2013. Boeing will manage and engineer the project with the actual conversion taking place at ST Aerospace’s subsidiary, ST Aviation Services Company (SASCO) in
GA Telesis has signed a Letter of Intent with Century Tokyo Leasing (“CTL”) for the purchase of new shares in GA Telesis. CTL will hold a minority position in GA Telesis. The existing shareholder base remains unchanged. GA Telesis has recently announced explosive growth and expansion plans in all areas of its businesses. The fresh
Willis Lease Finance Corporation reported that following a $15.4m charge for extinguishment of debt and derivatives termination, it lost $8.0m in the third quarter of 2012. In the second quarter of 2012, net income available to common shareholders was $2.4m and $1.5m in the third quarter a year ago. In the first nine months of
AgustaWestland announced that Brunei Shell Petroleum Company Sdn Bhd (BSP) has signed a contract for two AW139 intermediate twin engine helicopters. The aircraft will be used to perform offshore transport missions from Anduki base. The helicopters are expected to be delivered in mid 2013. The contract also includes a comprehensive power-by-the-hour support and training package
