Airlines & Routes

Turkish Airlines launches direct service between Montreal and Istanbul

On June 3rd, 2014, Aéroports de Montréal welcomed the inaugural non-stop Turkish Airlines flight from Istanbul Ataturk Airport to Montreal-Pierre Elliott Trudeau International Airport. The flight is the first of what will be a regular, non-stop and year-round service, three times weekly, connecting Montreal to the international destinations in 106 countries served by Turkish Airlines, […]

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AeroCentury announces new five-year expanded $180m revolving credit facility

AeroCentury, an independent aircraft leasing company, has closed a new revolving credit facility. The $180m credit facility replaces the Company’s former $130m facility and can be expanded to $200m. The facility has a five-year term ending on May 30, 2019. The credit facility syndication was led by Union Bank, N.A. as Sole Lead Arranger, Sole

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IAI publishes financial statement for Q1 2014

Israel Aerospace Industries, Israel’s leading aerospace and defense company, issued its consolidated interim financial statements for the three months ended March 31, 2014. The Company showed record sales and an increase in gross profit against the slowdown in the activities of the Bedek Aviation division and conversion of passenger aircraft to cargo configurations. The Company’s

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CHC Helicopter’s Brazil subsidiary opens new, expanded facility in Cabo Frio

CHC Helicopter’s Brazil unit opened a new, much larger hangar for its existing offshore flying operations in Cabo Frio. BHS (Brazilian Helicopter Services Táxi Aéreo) is a subsidiary of CHC, a global leader in helicopter services and the operating company of CHC Group (HELI). The 6,500-m² (about 70,000-ft²) hangar includes significantly expanded facilities for BHS

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Lufthansa Technik Shenzhen expands service portfolio in Asia

Lufthansa Technik Shenzhen (LTS) is expanding its maintenance, repair and overhaul (MRO) offer for the Asia-Pacific region even further. On May 21st, LTS has celebrated the opening of two new buildings. The new workshops, warehouse, offices and training rooms are housed on 16,000 m². The Chinese composite structures specialist, headquartered at Bao’An International Airport in

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AMAC Aerospace Turkey awarded Authorised Service Centre status from Dassault Falcon

Following the successful launch of its aviation business in Turkey, a leading provider of corporate aviation maintenance and completion services, AMAC Aerospace reported that its facility at Ataturk International Airport, Istanbul has become a Dassault appointed Authorised Service Centre (ASC). AMAC Aerospace Turkey achieved EASA Part-145 approval for Falcon 900 & Falcon 900EX EASy models

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Etihad Regional strengthens network out of Zurich

Etihad Regional will introduce five new routes expanding the airline’s operations out of Zurich to eight destinations. Building on its network expansion strategy, Etihad Regional will commence daily services from Zurich to Linz (Austria), Lyon (France) and Verona (Italy). From Zurich, the airline will also operate to Düsseldorf (Germany) two times per week, and to

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Dassault Aviation launches newest addition to the Falcon family in the ultra long range category, the Falcon 8X

Dassault Aviation launched the Falcon 8X, the newest addition to the Falcon family in the ultra long range category. The Falcon 8X will offer a range of 6,450 nm (11,945 km) and will feature the longest cabin of any Falcon. Moreover, it will offer the same low operating economics and the remarkable operating flexibility for

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United Airlines launches service with new Embraer 175 aircraft

United Airlines has introduced the Embraer 175 aircraft to the United Express fleet, with service on the modern and spacious regional jet operating between Chicago and top business markets Washington and Boston. United Express carrier SkyWest Airlines began Boston service on May 19th. Service between Chicago and Ronald Reagan Washington National Airport began Saturday, May

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Copa Holdings reports net income of US$151.4m for first quarter 2014

Copa Holdings reported net income of US$151.4m for 1Q14. Excluding special items, Copa Holdings would have reported an adjusted net income of $153.6m, a 23.5% increase over adjusted net income of US$124.4m for 1Q13. Operating income for 1Q14 came in at US$177.0m, a 24.1% increase over operating income of US$142.6m in 1Q13. Operating margin for

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