euroAtlantic airways’ tourist operator ‘Sonhando’ signs agreement with multinational InterGlobe Air Transport

Tourist Operator ‘Sonhando’, part of the euroAtlantic Airways (EAA) group, which is owned by Tomaz Metello, has signed an agreement with InterGlobe Air Transport (IGAT), a multinational based in India. IGAT has a network of 126 offices in 60 cities around the world and employs more than 23,000 people. The agreement counted on the economic […]

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GA Telesis completes purchase and leaseback of six Embraer E170 aircraft with Republic Airline

GA Telesis has completed a purchase and leaseback transaction of six Embraer E170 aircraft with Republic Airline earlier this month. Simultaneous with the purchase, the aircraft were placed on long term leases with Republic. The aircraft will be operated by Republic under a long term fixed fee capacity purchase agreement. This is the initial transaction

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Thomas Cook Group Airlines launches Majorca-based airline

Currently operating airlines in Germany, the U.K and Scandinavia, Thomas Cook Group Airlines has applied for a new Airline Operator Certificate in order to launch a new Majorca-based airline. Flights are scheduled to commence in early 2018. Flying under the name Thomas Cook Airlines Balearics, the new airline will be able to provide support to

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Finnair extends code-share partnership with British Airways in Europe

Finnair and British Airways are extending their current partnership with several new code-shares flights within Europe. British Airways will place its codes on several of Finnair’s European destinations including the new non-stop flights from London Gatwick to Kittilä and Ivalo, which will begin operating for the winter season on December 12 and 14 respectively. Finnair

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First A330neo successfully completes maiden flight

The first of three A330neo Family development aircraft to fly – MSN1795, an A330-900 variant – has landed at Toulouse-Blagnac, France on October 19, after successfully completing its first flight which lasted 4 hours and 13 minutes. The aircraft was powered by the latest technology Rolls-Royce Trent 7000 turbofans. Airbus has developed a fast-paced development

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Hawaii’s second-largest airline files for Chapter 11 bankruptcy

Threats of legal action against Island Air, Hawaii’s second-largest airline, has seen the airline file for Chapter 11 bankruptcy in order to protect it from any threatened action to ground its aircraft and leave hundreds of passengers stranded and to allow it to continue inter-island operations. Only this year Island Air had invested heavily in

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Aviation Capital Group reports closing of US$750m of senior unsecured notes

Aviation Capital Group (ACG) has closed the sale of US$750m of 3.500% senior unsecured notes due 2027. Proceeds from the Notes will be used for general corporate purposes, including repayment of existing indebtedness. The Notes are not guaranteed by ACG’s parent company, any of ACG’s subsidiaries, or any third party. “Today’s issuance marked the company’s

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Airbus’ latest A330 version prepares for initial take-off

The new generation of Airbus’ popular A330 jetliner family is ready for its maiden. The A330neo features extensive technology transfers from the A350XWB, including new engines, wings, and systems as well as the signature Airspace cabin. These new features will provide significantly enhanced operating efficiency for airlines, and best-in-class comfort for passengers as well as

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Swoop partners with Navitaire

Canadian low-cost carrier Swoop has selected Navitaire as its reservation system. Navitaire is globally-recognized as the go-to reservation and retailing system for ultra-low-cost carriers (ULCCs) around the world. “Swoop is here to provide low fares for the price-sensitive traveller and our partnership with Navitaire will help Swoop create the low-cost structure and ancillary capabilities needed

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Lufthansa Technik Puerto Rico re-starts operations

Three weeks after Hurricane Maria had heavily devastated the island of Puerto Rico, Lufthansa Technik Puerto Rico (LTPR) redelivered their one hundredth heavy maintenance check for Spirit airlines, the launch customer for the facility. “Thankfully all of our employees have been accounted for and while many have suffered from the consequences of hurricane Maria, all

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