GA Telesis and Wafra Capital Partners jointly announced that GA Telesis has raised a new US$500m investment vehicle from institutional and private clients advised by WCP to establish a second aviation investment vehicle focused on aircraft and engine investment opportunities. This capital raise constitutes the second round of funding from WCP. The vehicle will be […]
GA Telesis announces launch of US$500m GAIN 2 fund Read More »
Honeywell has announced a new series of self-diagnosing sensors designed to improve the performance of aircraft systems and reduce maintenance costs associated with false readings. Honeywell is introducing Integral Health Monitoring (IHM) series proximity sensors, that can detect when a sensor has been damaged or otherwise impacted. The patented proximity sensors can be designed into
New Honeywell self-diagnosing sensors improve performance and safety of aircraft systems Read More »
A Swiss International Airlines (SWISS) CS100 jetliner from Zurich has made the first revenue flight of a C Series aircraft into London City Airport. From now on SWISS will operate regularly to London City Airport from its main hub in Zurich with a CS100 and from Geneva as of summer 2018. The C Series is
Bombardier C Series aircraft completes first commercial flight into London City Airport Read More »
Willis Lease Finance has reported that pretax income grew 76% to US$10.2m in the second quarter of 2017, compared to US$5.8m in the second quarter of 2016, on revenues of US$67.8m. The Company’s second quarter 2017 results were bolstered by continued strength in its core leasing business with 90% utilization at quarter end and US$19.4m
Willis Lease Finance second quarter pretax profit grew 76% to US$10.2m Read More »
A wholly-owned subsidiary of Air Lease Corporation has entered into a joint venture with a co-investment vehicle (the JV Partner) arranged by Napier Park Global Capital (Napier Park) for the purpose of investing in commercial aircraft and leasing them to airlines worldwide. The newly formed entity is named Blackbird Capital II (Blackbird Capital II) and
ALC and Napier Park Global Capital establish second aircraft leasing joint venture Read More »
Boeing and Air Lease Corporation have finalized an order for 12 737 MAXs first announced at the 2017 Paris Air Show. The agreement also includes two new orders for the 787-9 Dreamliner. The deal includes five 737 MAX 7s and seven 737 MAX 8s, bringing ALC’s total MAX orders to 130. The leasing company has
Boeing and Air Lease Corporation finalize order for 12 737 MAXs Read More »
Air Transport Services Group (ATSG), a leading provider of medium wide-body aircraft leasing, air cargo transportation and related services, has reported consolidated financial results for the quarter ended June 30, 2017. Revenues increased US$77m to US$253.2m, excluding revenues from reimbursable airline expenses, revenues increased US$60m. ATSG’s airline services operations, and maintenance and logistics businesses, recorded
ATSG growth continues as midsize freighter leasing expands Read More »
MAC Interiors, a UK-based aircraft interior production and engineering company with more than 50 years of heritage, has announced its facility and capability expansions. After Magnetic MRO, Estonian headquartered Total Technical Care provider, had completed the acquisition of MAC Interiors, the company launched the project of modernisation, expansion and organisational transformation, in terms of both
MAC Interiors to expand facility and capability Read More »
In July, Finnair’s overall capacity increased by 11,6% year‐on‐year and traffic grew by 13.6%. The number of passengers carried during the month was 1,12 million. The passenger load factor increased by 1.6 points to 90.2% compared to July 2016.
Finnair reports traffic performance for July 2017 Read More »
Täby Air Maintenance, TAM, has signed a contract with SprintAir of Warsaw, Poland, for major checks on their full cargo converted Saab 340s. The first of three aircraft is due to arrive in TAM’s main overhaul facility at Örebro airport in mid-August, where the other aircraft will arrive during the autumn. “With SprintAir being a
TAM signs contract with SprintAir for major checks on Saab 340s Read More »
