Air Lease Corporation announced lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. These aircraft will deliver in the fourth quarter of 2015. Founded in 2013, Siam Air Transport is based at Bangkok’s Don Mueang Airport. They currently operate two Boeing 737-300s to three destinations in Hong Kong and China.
AAR reported first quarter fiscal year 2016 sales of US$377.8m and income from continuing operations of US$8.2m. For the first quarter of the prior fiscal year, the Company reported sales of US$395.1m and income from continuing operations of U$11.8m. During the quarter, the Company recorded a pre-tax gain of US$27.7m within discontinued operations from the
AAR reports first quarter fiscal year 2016 results Read More »
In a continued drive to increase its presence in the low-cost sector of the European market, Lufthansa’s low-cost subsidiary has been eyeing up a potential partnership with easyJet, Lufthansa Group chairman and CEO Carsten Spohr told German magazine Der Spiegel, saying that “We can cooperate with other airlines very actively. EasyJet had also shown interest
Eurowings and easyjet consider European partnership Read More »
Thales reported that China Southern Airlines has selected the Dual Head Up Displays (HUD) configuration across 30 of their new AirbusA320s, alongside the Thales Flight Management System and LRRARadio altimeter. With this order, Thales scores a double first in China. This represents the largest contract for HUDs and the first ever for a dual configuration
Thales lands first Dual HUD order in China Read More »
WestJet Airlines announced the appointment of Harry Taylor to the position of Executive Vice President, Finance, and Chief Financial Officer, effective October 26th, 2015. Harry brings over 20 years of senior financial, operational and strategic experience in the retail and consumer products industries. He joins WestJet from Canadian Tire Corporation where he has worked since
WestJet names Harry Taylor as EVP, Finance, and CFO Read More »
Trans States Airlines’ pilot group has passed a Tentative Agreement on a three year contract extension. The Trans States Airlines pilots are represented by the Air Line Pilots Association, International (ALPA). The Tentative Agreement, which was unanimously recommended by the ALPA Master Executive Council (MEC) for a rank and file vote, passed with 71% of
Trans States Airlines pilot union approves three-year contract extension Read More »
CTT SYSTEMS, a market leader of humidity control products in aircraft, signed a contract to develop a humidifier for a new crew rest compartment on the A380 aircraft, to be introduced to customers in 2016. The humidifier will be offered in the A380 catalogue as a Supplier-Furnished-Equipment (“SFE”). CTT Systems already provides crew rest humidifiers
CTT Systems awarded humidifier contract for new crew rest on A380 Read More »
Boeing and China’s President Xi Jinping signed orders and commitments for 300 Boeing narrowbody and widebody aircraft and expanded collaboration between Boeing and China’s commercial aviation industry. Together, Boeing and China committed to further advance development of China’s commercial aviation industry and meet strategic business objectives for Boeing in the world’s largest airplane market going
Boeing and China sign orders and commitments for 300 aircraft Read More »
During the fourth annual China Air Finance Development Summit, Okay Airlines, ATSG West Limited, Vipshop and others totaling five parties announced the establishment of an express air cargo joint venture serving multiple destinations within the Peoples Republic of China (including Hong Kong, Macau and Taiwan) and surrounding countries. The principal commercial partners in the venture
FL Technics continues to expand its presence in the emerging markets. The company is already set to open a subsidiary with its main office in the capital city of Thailand. Backed by the official approval from the Board of Investment of the Kingdom of Thailand, the Bangkok office shall act as the centre of operations
FL Technics to launch subsidiary in Thailand Read More »
