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DAILY AVIATION NEWS ALERT
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Flying Colours MRO to join Flexjet family of companies
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Flexjet, the specialist in fractional jet ownership, has announced that Flying Colours is to join its family network of companies. Flying Colours is a maintenance, repair and overhaul (MRO) specialist and will further expand on Flexjet’s maintenance and support network which currently includes facilities in the United States, Canada and Europe. “Bringing the capabilities of Constant Aviation, which Flexjet bought …
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Falko outlines Q2 2023 portfolio activity
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Falko Regional Aircraft Limited (Falko), the asset manager and aircraft lessor focused solely on the regional aircraft sector, has outlined its Q2 2023 portfolio activity. During the quarter Falko added a further Embraer E195-E2 to the portfolio having taken delivery of its fifth E195-E2 aircraft. This was the final delivery in a previously announced five aircraft sale and leaseback transaction …
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Brussels Airlines improves 2022 quarter-result by 87%
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Brussels Airlines has closed its first semester of 2023 at -€12 million, an improvement of 87% compared to the previous year. The first quarter ended at -€44 million, in-line with expectations and seasonality of the aviation business - and the second quarter closed at €31 million Adjusted EBIT. The more stable fuel prices, the increasing demand and higher yields provide …
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WLFC reports second quarter pre-tax income of US$19.0 million
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Willis Lease Finance Corporation (WLFC) has reported second quarter 2023 total revenues of US$109.0 million and pre-tax earnings of US$19.0 million. For the three months ended June 30, 2023, aggregate lease rent and maintenance reserve revenues were US$89.8 million and spare parts and equipment sales were US$4.6 million. The WLFC reported increased total revenues in the second quarter when compared …
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BAA Training opens new pilot training centre in France
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Independent aviation training organisation BAA Training, is expanding its geographical presence and opening its fourth simulator centre, BAA Training France, near Orly Airport in Paris. By the end of the year, two Boeing 737 NG, an A320neo and a Boeing 747-400 simulator will be installed at the facility. It is expected that around over 2000 pilots will be trained there …
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Strong July for Norwegian
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In July, Norwegian carried 2.3 million passengers, the load factor was 92.4% and capacity was at its peak for the current year and 12% higher than July last year. Continued bookings throughout the month made by Nordic customers contributed to making this a historically strong July for the carrier. “July was an outstanding month for Norwegian in terms of traffic …
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Lufthansa captains could get 25% pay boost as Group posts record Q2 results
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Weekly air cargo trends: tonnages down -5% in July
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Heathrow trials lower carbon concrete to cut emissions
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Rolls-Royce posts significantly higher profit
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Travis Brassington named VP Group Safety for WestJet
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Delta and LATAM inaugurate first route in the Brazilian market
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Embraer deliveries increased 47% in the second quarter
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles.
Subscription free monthly magazine straight to your inbox, as a pdf attachment or link to hosted site.Edit this to insert text.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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Interested in promoting your company with AviTrader?
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Vice President Sales & Business Development
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AviTrader Publications Corp.
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Richmond, British Columbia
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For information, contributions, letters to the editor and queries:
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