Norwegian reports pre-tax result of NOK861m (£80.5m) for second quarter

Norwegian (NAS) has reported its second quarter results for 2017. The pre-tax result (EBT) was NOK861m (£80.5m). This is slightly down from last year’s result, mainly due to higher oil prices and the air passenger tax implemented by the government in Norway last year. The overall performance was positive in all of Norwegian’s main markets […]

Norwegian reports pre-tax result of NOK861m (£80.5m) for second quarter Read More »

United reports June 2017 traffic increase

Traffic / Leave a Comment

United Airlines’ June 2017 consolidated traffic increased 3.4% and consolidated capacity increased 5.0% versus June 2016. UAL’s June 2017 consolidated load factor decreased 1.4 points to 85.7%, compared to June 2016.

United reports June 2017 traffic increase Read More »

American Airlines Group reports June traffic results

Traffic / Leave a Comment

American Airlines Group’s total traffic was up 0.8% versus June 2016, while total capacity was up 1.1% percent versus June 2016. Total passenger load factor was 84.7%, down 0.2 points versus the previous year.

American Airlines Group reports June traffic results Read More »

Heathrow sets new record of 77 million passengers

Traffic / Leave a Comment

With a record 6.76 million passengers for the month of June (up 2.3% against June 2016), passenger numbers for a 12-month period broke the 77 million mark for the first time in Heathrow Airport’s history. June 30 also proved to be a record day for the airport with 259,917 passengers flying through. In a press

Heathrow sets new record of 77 million passengers Read More »

FLY Leasing acquires four new aircraft

Aircraft & Engines / Leave a Comment

FLY Leasing has purchased four new aircraft, including a new Boeing 787 Dreamliner and a new Boeing 737 MAX 8, the first 737 MAX to join FLY’s fleet. The 787 is on a 12-year lease to a European airline and the 737 MAX 8 is on a 12-year lease to an Asian carrier. FLY also

FLY Leasing acquires four new aircraft Read More »

Successful closing of AWAS PDP transaction, with Stellwagen Finance acting as sole arranger

Financial / Leave a Comment

Stellwagen Finance has closed a Pre-Delivery Payment (PDP) financing facility for AWAS relating to five Boeing 737 Max 8 aircraft expected to be delivered to the lessor via a purchase leaseback transaction with one of its valued airline customers. Stellwagen Finance was the sole arranger sourcing funds from institutional investors for the facility. Simon Glass,

Successful closing of AWAS PDP transaction, with Stellwagen Finance acting as sole arranger Read More »

AerCap leased, purchased and sold 108 aircraft in second quarter 2017

Aircraft & Engines / Leave a Comment

AerCap Holdings has reported its major business transactions during the second quarter 2017: AerCap has signed lease agreements for 65 aircraft, including 18 widebody and 47 narrowbody aircraft and has purchased 11 aircraft, including 8 Airbus A320neos, 1 Airbus A321neo and 2 Boeing 787-9s. The company executed sale transactions for 32 aircraft, including 2 Airbus

AerCap leased, purchased and sold 108 aircraft in second quarter 2017 Read More »

Spirit AeroSystems creates 3- and 4-axis fabrication center of excellence at McAlester, Okla., facility

MRO & Production / Leave a Comment

Spirit AeroSystems has reported the creation of a 3- and 4-axis machining center of excellence at its McAlester, Okla., facility. The center will accommodate new detailed parts fabrication work in the global aerostructures market, while also supporting current customer contracts. The purchase and installation of new equipment in McAlester includes 18 new machines purchased from

Spirit AeroSystems creates 3- and 4-axis fabrication center of excellence at McAlester, Okla., facility Read More »

Delta TechOps signs US$750m engine maintenance contract with ATSG

MRO & Production / Leave a Comment

Delta TechOps — Delta Air Lines’ maintenance division and its maintenance, repair and overhaul (MRO) provider business, has entered into a new 12-year, US$750m CF6-80 A/C2 engine maintenance contract with Air Transport Services Group, subsidiaries ABX Air, Air Transport International and Cargo Aircraft Management. The new exclusive deal will support ATSG’s growing fleet of Boeing

Delta TechOps signs US$750m engine maintenance contract with ATSG Read More »

RAA appoints new Director of Government Affairs

People / Leave a Comment

The Regional Airline Association, the industry trade association representing North American regional airlines, has appointed Drew Jacoby Lemos as Director of Government Affairs. Jacoby Lemos brings nine years’ experience in government and policy, having most recently served in the office of New York Governor Andrew Cuomo.

RAA appoints new Director of Government Affairs Read More »

Norwegian reports pre-tax result of NOK861m (£80.5m) for second quarter

United reports June 2017 traffic increase

American Airlines Group reports June traffic results

Heathrow sets new record of 77 million passengers

FLY Leasing acquires four new aircraft

Successful closing of AWAS PDP transaction, with Stellwagen Finance acting as sole arranger

AerCap leased, purchased and sold 108 aircraft in second quarter 2017

Spirit AeroSystems creates 3- and 4-axis fabrication center of excellence at McAlester, Okla., facility

Delta TechOps signs US$750m engine maintenance contract with ATSG

RAA appoints new Director of Government Affairs

Stay Connected

Subscribe