Aircastle reported first quarter 2014 net income of $5.8m down $17.3m and adjusted net income of $13.3 million. The first quarter results included operating and finance lease revenues of $178.3m versus $160.5m in the first quarter of 2013, up 11%. Thus far in 2014, Aircastle acquired or has committed to acquire thirteen aircraft for more […]
Aircastle posts first quarter 2014 net income of $5.8m Read More »
Ultra Electronics, an internationally successful defence, security, transport and energy company, has acquired ICE Corporation (“ICE”) based in Manhattan, Kansas for an initial cash consideration of $8.6m. Ultra has acquired ICE from private investors, which includes the original founder. All of the management team will stay with the business. ICE designs, develops, manufactures and supports
Ultra acquires specialist provider of aerospace electrical power management systems Read More »
JetBlue Airways reported the departure of Chief Operating Officer Rob Maruster. President Robin Hayes will oversee operational leadership of the airline following Mr. Maruster’s departure. Mr. Maruster joined JetBlue in 2005 as Vice President, Operational Planning. In 2006, he was promoted to Senior Vice President, overseeing Airports, and in 2007 his role was expanded again
JetBlue announces departure of COO Rob Maruster Read More »
JorAMCo signed a contract with Jazeera Airways to provide the Kuwait-based low-cost carrier with C-check for three A320s aircraft of its fleet that are due for maintenance services this year. Two of these aircraft are redelivery checks leased to TAP Airlines including other maintenance services to be provided by JorAMCo such as: C5 tasks, cabin
JorAMCo performs C-checks for Jazeera Airways aircraft Read More »
An A380 line-fitted with broadband in-flight connectivity service from Panasonic Avionics Corporation has been delivered to Lufthansa. The A380, was fitted at Airbus with Panasonic’s Global Communications Services. Over the next twelve months, Panasonic will equip an additional 11 linefit A380s with its global connectivity service.
Panasonic in-flight WI-Fi takes to the skies on linefit A380 Read More »
Air Serbia, the national airline of Serbia, reported positive progress after the five months since its launch in October 2013, outlining network and fleet growth and the creation of new jobs in Serbia. With a focus on comfort, Air Serbia leased eight modern Airbus A319 and two Airbus A320 aircraft to replace the ageing fleet
Air Serbia reports positive progress since its launch 5 months ago Read More »
GE Capital Aviation Services announced delivery of a new leased Airbus A320 aircraft to Aigle Azur to expand the carrier’s fleet. The aircraft comes from GECAS’ existing order book with Airbus.
GE Capital Aviation Services delivers new leased Airbus A320 to Aigle Azur Read More »
The European Aviation Safety Agency (EASA) has granted Part 145 certification to AerSale’s aircraft heavy maintenance & storage facility located in Roswell, NM. This additional certification is part of AerSale’s expansion initiatives developed to increase its maintenance and storage services offering to multinational aircraft owners/lessors who redeploy aircraft in EASA regulated jurisdictions.
AerSale receives EASA certification Read More »
ANA selected 40 Boeing widebody airplanes for its strategic fleet renewal, including 20 777-9X (powered by GE9X engines), 6 777-300ER (powered by GE90-115B engines) and 14 787-9 airplanes. The agreement with the Japanese airline is valued at approximately $13bn at list prices, the combined engine orders are valued at $2bn list price. ANA also selected
ANA places orders for 40 Boeing and 30 Airbus aircraft Read More »
Swiss International Air Lines (SWISS) has entrusted its entire spare parts logistics to Lufthansa Technik Logistik Services GmbH (LTLS) as part of a three-year agreement in effect since the beginning of February. Under the agreement, LTLS will take over all transport services for SWISS everywhere in the world, including standard transports and special services such
SWISS entrusts entire spare parts logistics to Lufthansa Technik Logistik Services GmbH Read More »
