Following the earlier announcement of a new service to Crete (airport of Heraklion), Brussels Airlines today launches another popular Greek destination: Thessaloniki. Situated in the north of Greece, Thessaloniki is a very vibrant city thanks to its many historical attractions and nightlife possibilities. Last year Saloniki, as the locals like to abbreviate her, was named European Youth Capital...
Morten Beyer & Agnew (mba) provided Castlelake, L.P. with Maintenance Cash Flow Forecast and General Market Analysis for their Aircraft Securitization Trust (“CLAS 2015-1”) consisting of fifty-four (54) aircraft and six (6) engines (the “Portfolio”), subject to twenty-three (23) operators, spanning eighteen (18) different countries. CLAS 2015-1 was made pu...
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced it signed an agreement with Virgin America, Inc., to lease 10 new Airbus A321neo aircraft powered by CFM’s LEAP-1A engines to expand the carrier’s fleet. The first aircraft is scheduled for delivery in Q1 2017 and the remainder will deliver in 2017 and 2018. All 10 air...
Air Astana, the SkyTrax award-winning flag carrier of Kazakhstan, is very pleased to report that it has officially been removed from a list of airlines that have faced operating restrictions in the EU. In July 2009 all carriers of Kazakhstan were banned from operating to Europe while Air Astana was the only exception. The EU’s Air Safety Committee had recognised that Air Astana’s safet...
Jet Airways, India’s premier international airline has announced the launch of daily non-stop services between India and Amsterdam, its new European gateway which is ideally located for convenient onward connections. With effect from March 27, 2016, Jet Airways will operate two daily non-stop flights to Amsterdam Airport Schiphol, one each from its home hubs in Mumbai and New Delhi. Jet A...
Alaska Airlines, Filo Foods, BF Foods and the Washington Restaurant Association today filed a motion in King County Superior Court asking the trial court to hear evidence on whether the City of SeaTac’s Proposition 1 ordinance interferes with the Port of Seattle’s authority to run the airport. In August, the Washington state Supreme Court issued its opinion on Proposition 1 and, as...
The operating results for November 2015 are given in the table below. In November 2015, Singapore Airlines’ systemwide passenger carriage (measured in revenue passenger kilometres) improved 2.0% compared to last year, against a 1.9% reduction in capacity (measured in available seat kilometres). Consequently, passenger load factor (PLF) improved 3.1 percentage points to 78.8%. PLF ...
The online helicopter booking portal EvoLux now has 200 helicopters enrolled in the system in eight major metropolitan areas, among them New York, Chicago, Los Angeles and Miami, and now founder Ray Leavitt says he is readying the company for the “next level” as he seeks an investment seed round of $5 to $10 million. Sikorsky Innovations selected EvoLux the winner of its second...
Los Angeles-based air charter firm Zetta Jet has signed a deal with Bombardier Business Aircraft for up to five Global 6000s worth a potential $318 million at list prices. The agreement, announced today, is a firm order for one Global 6000 and options for four more of the ultra-long-range jets. The airplane will operate out of the company's Asian hub in Singapore and will join Zetta Jet’...
Air New Zealand has opened a fifth gateway in North America with the start of flights to Houston, Texas. The airline’s inaugural service to the heart of Texas, flight NZ28, departed Auckland at 1830 local time on Tuesday and landed just over 12 and a half hours later at Houston’s George Bush Intercontinental Airport a little after 1230 the same day. The Boeing 777-200ER, ZK-...
Like its Gulfstream G650s that will enter service next year, Flexjet's supersonic Aerion AS2s—slated for delivery starting in 2023—will be part of the fractional provider’s Global Access program, Flexjet chairman and parent company Directional Aviation Capital principal Kenn Ricci told AIN. This means that Flexjet will not be selling shares in either of these long-r...
The third flight-test AW609 is expected to fly by the middle of next year as work continues on AgustaWestland's civil tiltrotor program following the fatal crash of Ship 02 on October 30. “With regards to the AW609 tiltrotor anticipated certification date, Finmeccanica-AgustaWestland is fully committed to mitigating any delay that our recent tragic accident, and the subsequent investigat...
