Italian carrier NEOS takes delivery of two Boeing 737-800 aircraft from CDB Aviation

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has delivered two Boeing 737-800 aircraft to a new customer, Milan-based NEOS S.p.A. (Neos). NEOS, which operates services from Italy and Europe to the Americas, Asia and Africa, plans to deploy the two aircraft, configured with 186 single-class seats, on

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FAI Technik expands with new maintenance base at Berlin Brandenburg Airport

German MRO service provider FAI Technik, a 100 % subsidiary of Germany´s special mission operator FAI rent-a-jet, has expanded its presence in Germany with the opening of a maintenance base at the all-new “Willy Brandt” Berlin Brandenburg Airport (BER), in the country’s capital.  At BER, FAI will offer line and base maintenance for the full

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Jazeera Airways posts annual profit of US$65.7 million for 2022

Jazeera Airways (Jazeera) has announced record net profits of US$65.7 million (KD20.1 million) for the 2022 full year, an increase of 183.6% over 2021. Operating revenues for 2022 increased to US$595.4 million (KD182.116 million), up 126.5%, and operating profit increased by 148.4% to US$87.6 million (KD26.8 million). With the resumption of operations at the Kuwait

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Norwegian

Norwegian sees boost to passenger numbers – signs LoI to lease six Boeing 737s

Norwegian has seen a 78% boost in January passenger numbers compared to January 2022, having carried 1,131,474 passengers in what is traditionally a quiet month for travel. “People traditionally travel less in January, instead using this time of year to book their next travels. Nevertheless, we had close to full flights to warmer destinations this

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StandardAero establishes CFM56-7B service centre at DFW International Airport

StandardAero has achieved a number of milestones associated with the introduction of a service centre for the CFM International CFM56-7B turbofan engine at its DFW Centre of Excellence at Dallas/Fort Worth International Airport. StandardAero’s CFM56-7B service centre will significantly expand the engine support options available at DFW to operators of the Boeing 737NG-family of aircraft. The

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IATA and Federal Republic of Somalia to deepen cooperation

The International Air Transport Association (IATA) and the Government of the Federal Republic of Somalia have agreed to deepen and formalise cooperation with the aim of strengthening the economic and social benefits of aviation in Somalia. Under an agreement signed by Kamil Alawadhi, IATA’s Regional Vice President, Africa and the Middle East, and H.E. Fardowsa

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Spirit Airlines

Spirit posts fourth-quarter 2022 revenue of US$1.4 billion, up 43.5%

For the fourth quarter 2022, Spirit Airlines (Spirit) reported a net loss of US$270.7 million, excluding special items. Adjusted net income for the fourth quarter 2022 was US$12.6 million. Spirit reported a pre-tax loss of US$340.3 million and a pre-tax margin of negative 24.5%. Adjusted pre-tax income for the fourth quarter was US$23.0 million and

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Southwest Airlines dispatchers and facilities maintenance technicians approve collective bargaining agreements

Southwest Airlines’ (Southwest) dispatch employees, represented by the Transport Workers Union Local 550 (TWU 550), have voted in favour of their new contract. The agreement covers Southwest’s more than 450 Flight Dispatchers, Assistant Dispatchers, Flight Superintendents, Dispatch Specialists and Dispatch ATC Specialists and becomes amendable on June 1, 2027. Southwest’s Facilities Maintenance Technicians, represented by

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