AerSale orders six additional Precision 757-200PCF conversions plus four options

Precision Aircraft Solutions (Precision) has been awarded a contract from AerSale for six additional Boeing 757-200PCF conversions plus four options, bringing the total number of potential commitments to sixteen. AerSale began converting its first 757-200PCF in January 2021 and the sixth unit will be inducted in February 2022. Later this year, AerSale will begin inducting […]

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ACC Aviation appoints James Stamp as new Non-Executive Director

People

ACC Aviation, the global aviation services group, has appointed James Stamp as a Non-Executive Director, effective February 1. Stamp is currently Group Commercial Director of National Express PLC, driving mergers and acquisitions activity, strategy development and new business. He also sits on the Board of National Express Middle East and WeDriveU, its North American employee shuttle

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C&L Aerospace signs multi-year power-by-the-hour agreement with Legends Airways

MRO & Production

C&L Aerospace has signed a multi-year agreement with Legends Airways to provide power-by-the-hour services for its fleet of Saab 340 B+ cargo aircraft. Along with the PBH, Legends committed to a supply agreement that includes rotables, engine LRUs and expendables. C&L has been working with Legends since 2020 on the sale of six Saab 340B+

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NAC delivers one ATR 72-600 to Air Serbia

Aircraft & Engines

Nordic Aviation Capital (NAC) is pleased to confirm that it has delivered ATR 72-600, MSN 1259, to Air Serbia on lease. Air Serbia was launched in October 2013 as the national airline of the Republic of Serbia. From three airports in Serbia (Belgrade, Niš, Kraljevo) the carrier flies and plans to fly to 60 destinations

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Aeromexico escapes bankruptcy with new controlling shareholders

Financial, Top Stories

As one of three Latin American carriers which have filed for bankruptcy protection since the outbreak of the COVID-19 pandemic, Aeromexico has received court approval for its restructuring plan. “I could not be more pleased to tell you the plan of reorganization is confirmed,” U.S. Bankruptcy Judge Shelley Chapman commented after the agreement to pay

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Spain’s Supreme Court has ruled that staff pay cuts and working condition changes imposed by Ryanair during the COVID-19 pandemic were unlawful

Ryanair posts third-quarter net loss of €96 million

Financial

Ryanair has released that Q3 scheduled revenues increased 345% to €0.79 billion as traffic recovered strongly from 8.1 million to 31.1 million guests (at an 84% load factor). Despite a strong start to Q3, especially the school’s mid-term break in October, the Omicron-variant and return of travel restrictions in early December, significantly damaged (higher yielding)

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Norse Atlantic Airways takes-off with AMOS

Information Technology

After a five-month selection process, Norse Atlantic Airways, a new low-fare, long-haul airline based in Norway, chose AMOS in the autumn of 2021. The evaluation of maintenance and engineering software was part of Norse’s business fundamentals and it started discussions with Swiss-AS very early in its start-up phase, putting confidence and trust in Swiss-AS that

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FL Technics Engines Services receives ISO EN 9110:2018 certification to maintain CFM-family engines

MRO & Production

FL Technics Engine Services has received ISO EN 9110:2018 approval, certifying teams’ operations to serve CFM-family engines at full scale, including repair, replacement, installation, rectification and preservation services. Provided at the FL Technics base maintenance and hub painting location, such service creates a unique value for aviation operators and lessors to leverage benefits, with an

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Alaska Air Group delivers strong fourth-quarter 2021 and full-year results

Financial, Uncategorized

Alaska Air Group has reported another quarter of improvement in its financial results for the fourth quarter and full year ended December 31, 2021. The Group reported net income for the fourth quarter and full year 2021 under Generally Accepted Accounting Principles (GAAP) of US$18 million and US$478 million respectively. These results compare to a

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Swissport to provide passenger services for Eurowings at Cologne Bonn Airport

Airports

Swissport in Germany has won a major contract from Eurowings at the airline’s home base at Cologne Bonn Airport. The cooperation covers passenger services and aircraft turnaround coordination and will start this summer. For the new contract, Swissport will hire approximately 180 new employees. The new contract between Swissport and Eurowings, the leisure airline of

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