BAE Systems Asset Management has placed a further two BAe 146 regional jetliners with Indonesian operators. The first aircraft is a BAe 146-200 (msn E2204) which has been bought by PT Nusantara Air Charter (NAC). The aircraft was delivered in mid-June. This deal follows rapidly on the brokered sale by Asset Management of a BAe […]
BAE Systems places two more BAe 146s with Indonesian operators Read More »
Hartmut Mehdorn has been appointed as a new Non-Executive Director to the board of Air Berlin PLC. He will be taking over the position vacated by Claus W
Hartmut Mehdorn appointed Non-Executive Director to the board of Air Berlin Read More »
BA reported that June 2009 capacity was 1.7% below June 2008, traffic fell by 3.8%. This resulted in a passenger load factor decrease of 1.8 points versus last year, to 79.6%. Traffic comprised a 14.9% decrease in premium traffic and a 1.3% fall in non-premium traffic.
BA reports load factor of 79.6% in June Read More »
Deutsche Lufthansa AG successfully placed another benchmark bond, the second this year, on 1 July 2009. With the issue, the Group is acquiring additional liquidity for general corporate financing purposes. The bond has a volume of 750 million euros and a maturity of seven years. It has a fixed coupon of 6.5 per cent. It
Lufthansa issues 750 million euro bond Read More »
Continental Airlines reported a consolidated (mainline plus regional) traffic decrease of 6.5% and a capacity decrease of 7.8% as compared to June 2008. June consolidated load factor was 84.8%, 1.1 points above the June 2008 consolidated load factor.
Continental Airlines reports June 2009 operational performance Read More »
In conjunction with the international Paris Air Show, Volvo Aero and the French engine manufacturer Snecma signed an agreement stating that Volvo Aero Norway will supply components for the new, enhanced engine for the Boeing 737 aircraft, the CFM56-7BE. As Snecma is Volvo Aero Norway
Volvo Aero Norway signs agreement with Snecma Read More »
Republic Airways reported a 4.5% increase in traffic for June 2009, while capacity increased 3.5%. The load factor was 79.3% versus 78.5% in June 2008. Approximately 1.8 million passengers were carried during the month, a 3.2% increase from the same month last year.
Republic Airways reports June 2009 traffic Read More »
AerCap Holdings N.V. announced that it has signed a $221 million funding facility with HSH Nordbank AG covering the pre-delivery payments for ten new Airbus A330 aircraft. This funding facility completes AerCap’s remaining pre-delivery payment requirements for its 30 A330 aircraft order. This order was placed in 2006/2007 with deliveries scheduled until 2012. Keith Helming,
AerCap signs $221 million Airbus A330 pre-delivery payment funding facility Read More »
Alaska reported an increase in load factor to 80.7% in June 2009, compared to 79.5% in June 2008, on a 4.1% decline in capacity compared to the prior-year period. Traffic for June decreased 2.6% compared to the same period last year.
Alaska Air Group reports June load factor of 80.7% Read More »
Airbus has launched a study for reinforcing flight data recovery, including, but not limited to, extended data transmission for commercial airliners, so that in the event of accidents, critical flight information can still be recovered and released to the investigating authorities. The study will be conducted by Patrick Gavin, Head of Airbus Engineering, and Charles
Airbus launches initiative to reinforce flight data recovery capability Read More »
