Iberia adds two new aircraft to its fleet
Two new Airbus A319s have joined the Iberia fleet. They each have seating for up to 141 passengers and will be used on Iberia
Iberia adds two new aircraft to its fleet Read More »
ACE Aviation reports 2007 net income of $1.4 billion
ACE Aviation Holdings reported net income of $1,398 million for the full year 2007. Net income included $1,366 million pre-tax gains mainly from the sale of ACTS and from the secondary offerings of Aeroplan and Jazz. Operating income amounted to $453 million including operating income of $433 million at Air Canada. Air Canada reported EBITDAR
ACE Aviation reports 2007 net income of $1.4 billion Read More »
JetBlue appoints Christoph Franz to Board of Directors
JetBlue Airways reported that Christoph Franz, CEO of Swiss International Air Lines Ltd, has been appointed to its Board of Directors effective immediately. Dr. Franz represents the Deutsche Lufthansa Group, whose $300 million investment in JetBlue was recently completed. Christoph Franz is Swiss International Air Line’s Chief Executive Officer and has served in that capacity
JetBlue appoints Christoph Franz to Board of Directors Read More »
Qantas reaches agreement with engineers
Qantas said that it had reached an ‘in principle’ Enterprise Bargaining Agreement (EBA) with the Australian Licensed Aircraft Engineers Association (ALAEA). The new four-year agreement, which will be the subject of a formal vote, covers nearly 1,600 Qantas Engineering employees. The Chief Executive Officer of Qantas, Mr Geoff Dixon, said the agreement was important for
Qantas reaches agreement with engineers Read More »
TES Aviation Group concludes purchase of two RB211-535E4 powered Boeing 757
TES Aviation Group a member of DVB Bank AG, purchased RB211-535E4 powered Boeing 757 aircraft MSN’s 22960 and 22781, leased back to Monarch Airlines UK providing a cost effective, flexible engine solution as part of the Monarch fleet renewal programme.
TES Aviation Group concludes purchase of two RB211-535E4 powered Boeing 757 Read More »
Airbus foresees demand for some 24,300 aircraft in the next 20 years
According to its latest Global Market Forecast, Airbus foresees a demand for some 24,300 new passenger and freighter aircraft valued at $ 2.8 trillion between now and 2026. This will create an average annual delivery of some 1,215 aircraft, up from the previously forecast 1,130 average deliveries in the last GMF. Demand will drive the
Airbus foresees demand for some 24,300 aircraft in the next 20 years Read More »
ATR and Lonrho sign 2 additional ATR 72-500s
ATR and the pan-African investing conglomerate Lonrho announced the signature by Lonrho’s wholly-owned subsidiary, Lonrho Air, of a MoU for the purchase of 2 ATR 72-500s. Today’s deal follows a first order for 8 new aircraft, announced in January 2008. These 10 new ATR 72-500s will be deployed by Fly540, an airline belonging to the
ATR and Lonrho sign 2 additional ATR 72-500s Read More »
Boeing enters into agreement with TAL Manufacturing Solutions
Boeing announced it has entered into an agreement with India-based TAL Manufacturing Solutions Ltd., a wholly owned subsidiary of Tata Motors Ltd., for manufacturing structural components for Boeing’s 787 Dreamliner airplane program. Under the agreement, TAL Manufacturing Solutions will build floor beams for the 787 using new technology with advanced titanium and composite materials. These
Boeing enters into agreement with TAL Manufacturing Solutions Read More »
Universal Airlines buys six Embraer 195 jets
Embraer has signed a firm order with JJH Capital, owned by Juan Jos
Universal Airlines buys six Embraer 195 jets Read More »
Honeywell and Landmark Aviation announce authorized service center agreement
Honeywell and Landmark Aviation are announcing a new authorized service center agreement for maintenance and service on TFE731, TPE331 and 36 Series APUs.
Honeywell and Landmark Aviation announce authorized service center agreement Read More »