Alaska Air Group has reported another quarter of improvement in its financial results for the fourth quarter and full year ended December 31, 2021. The Group reported net income for the fourth quarter and full year 2021 under Generally Accepted Accounting Principles (GAAP) of US$18 million and US$478 million respectively. These results compare to a
IAG Cargo, the cargo division of IAG (International Airlines Group) has adopted the International Air Transport Association’s (IATA) newly developed Dangerous Goods AutoCheck (DG AutoCheck) to automate the acceptance of dangerous goods shipments from its London-Heathrow hub. DG AutoCheck is a digital solution that facilitates the acceptance of dangerous goods by checking all the regulations,
To better serve growing ATR fleets in the Asia Pacific region, Collins Aerospace is launching new MRO capabilities for its 568F propeller at its Malaysia campus. IATA III operators of ATR 42 and ATR 72 turboprop aircraft will have access to a local pool of rotable spares. Collins will begin standing up the new services
Heritage Global Partners (HGP), a leader in asset advisory and auction services and a subsidiary of Heritage Global, has announced that it is partnering with Cloud Investment Partners in Boca Raton, Florida to conduct an auction of assets from LCH Aerospace that are no longer required by the company. The global 100,000+ line-item online auction
321 Precision Conversions has announced that a joint venture formed by Zetland Capital Partners and Greenwich Highland Aviation has secured four additional A321-200PCF conversions for a total of six commitments. The joint venture initially pledged two aircraft, MSN 1438 and MSN 1953, which will induct in early 2022 at HAECO Americas in Lake City, Florida.
321 Precision Conversions, a joint venture between Aircraft Transport Services Group (ATSG) and Precision Aircraft Solutions (PAS), has released that Dubai-based lessor Aerovista has secured two A321-200PCF conversions. The two aircraft, MSNs 1451 and 1503, are scheduled to induct during Q1 and Q2 2023. “We are excited to have Aerovista as our latest A321-200PCF customer
West Star Aviation has successfully installed a Prizm Lighting LED cabin light system in the first Falcon 7x aircraft. The installation, completed at the company’s East Alton, IL (ALN) location, replaces conventional indirect lighting throughout the cabin, forward and aft lavatories, galley, upwash/downwash and floor lighting with one system. The Prizm Lighting System provides control of
VAS Aero Services, a global leader in aviation logistics and aftermarket services, and aircraft lessor Avolon have announced an agreement for VAS to manage the disassembly and residual parts distribution of three A320-familyaircraft owned by Avolon. The serviceable material will be marketed and placed through VAS’s worldwide parts network to support its key customer base
Gulfstream Aerospace has reported that the all-new Gulfstream G700 has made great strides in its flight-test programme and is capping 2021 with additional accomplishments, including the use of a sustainable aviation fuel (SAF) blend on 83% of G700 flights launched from the Savannah-based Gulfstream Flight Test Center. Gulfstream anticipates G700 customer deliveries beginning in the
The Air France-KLM Board of Directors made the decision to move forward on the Group’s goal to improve its economic and environmental performance through the introduction of next-generation aircraft. In doing so, the Group also demonstrated its ability to leverage purchasing synergies. Air France-KLM placed a firm order for 100 Airbus A320neo family aircraft –
