Delta Air Lines reported that January 2012 consolidated traffic increased 14.5% compared to the prior year period, while the company’s capacity declined 4.3 points. System load factor increased 2.3 points to 77.5%.
Delta reports January operational performance Read More »
International Lease Finance Corporation (ILFC), released that it intends to raise a new senior secured term loan of $900m. ILFC plans to use proceeds of the new term loan to repay a portion of the Company’s outstanding debt and related interest expense, to pay related fees and expenses for the transaction, and for general corporate purposes.
ILFC announces proposed $900m senior secured term loan Read More »
WestJet reported January 2012 traffic results with a load factor of 79.9%, while traffic increased 11.5% year over year, and capacity grew 8.6% over the same period.
WestJet reports January load factor of 79.9% Read More »
Global Aviation Holdings, the parent company of World Airways, North American Airlines and other subsidiaries, announced that to achieve a cost and debt structure that is industry competitive it has commenced a financial restructuring through the voluntary filing of petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code in the United States District Court for the
Global Aviation Holdings files for Chapter 11 reorganization Read More »
Héroux-Devtek, a leading Canadian manufacturer of aerospace and industrial products, reported its results for the third quarter of fiscal 2012 ended December 31 2011. Consolidated sales for the third quarter were $93.4m, an increase of 8.8% from $85.8m for the same period last year. Sales rose in all product lines, including strong growth for Industrial
Héroux-Devtek reports strong net income increase of 33.8% for 3rd quarter fiscal 2012 Read More »
Porter Airlines had a record January load factor of 55.7%, 4 points higher than the previous year. January results show that capacity increased 31% compared to January 2011 while traffic increased 41%.
Porter Airlines January load factor up 4 points Read More »
Dublin based aircraft lessor, AWAS, has delivered a fourth Boeing 737-800 passenger aircraft to the largest low-cost airline in Latin America, GOL. These aircraft are part of five deliveries from AWAS to GOL planned through early 2013. In March 2011, GOL and AWAS entered into a purchase and lease back agreement for five Boeing 737-800s
AWAS delivers fourth of five planned 737-800s to GOL Read More »
Direct Maintenance has opened its latest line station at Lusaka Kenneth Kuanda Airport, Zambia, three letter code LUN. The new LUN line station is now EASA Part-145 and UAE GCAA certified. Launch customer for Direct Maintenance in Lusaka is Dubai based Emirates, having commenced A330 flights into Lusaka as from February 1st. As part of
Direct Maintenance opens new line station in Zambia Read More »
Alaska reported a 6.4% increase in traffic on a 1.9% increase in capacity compared to January 2011. This resulted in a 3.5-point increase in load factor to a January record of 83.6%. Horizon reported a 16.4% decline in January traffic on a 17.7% decline in capacity compared to January 2011. This resulted in a 1.2-point increase in
Alaska Air Group reports January operational results Read More »
US Airways Group released that mainline traffic for the month of January 2012 was up 3.8% versus January 2011, while mainline capacity was up 3.1%. Mainline load factor was a record 78.8% for the month of January, up 0.5 points versus January 2011.
US Airways reports January load factor of 78.8% Read More »
