Air Canada announced today the closing of its previously announced private offering of three tranches of enhanced equipment trust certificates, in the aggregate face amount of U.S.$537,092,000. The private offering was comprised of Class AA certificates, Class A certificates and Class B certificates. The Class AA certificates have an interest rate of 3.750% per annum and a final expected distribut...
Delta Air Lines and KLM Royal Dutch Airlines will launch a codeshare agreement with India’s Jet Airways that brings convenient new travel options for customers flying from Europe and the United States via Amsterdam Airport Schiphol to India and beyond. Effective March 27, 2016 and subject to government approvals, Delta and KLM customers flying from Europe and the Unite...
Fiji Airways Group shareholders today announced changes to the company’s Board of Directors following its Annual General Meeting, with a new Chairman and Director appointed. Incumbent Chairman Mr. Nalin Patel and Director Mr. Stefan Pichler were both farewelled by the shareholders, and replaced on the Board by Mr. Rajesh Punja, Director of the Punja Group of Companies and Mr. Shaheen Ali, Pe...
AMAC Aerospace Switzerland AG is proud to announce that two BBJ heavy base maintenance contracts have been awarded to the facility in Basel, Switzerland. A privately owned BBJ 3 will be inducted in the first quarter of 2016 for a major C-Check and a partial removal of the VIP cabin interior to be performed by AMAC Aerospace Switzerland AG. Another...
Southwest Airlines will launch its first international flights in and out of Los Angeles International Airport (LAX) to Liberia/Guanacaste, Costa Rica in April 2016, subject to government approval. It is also fun to note that this new flight would be the longest flight in Southwest’s route network. Alaska operates year-round flights to Liberia from LAX while Delta operates seasonal&n...
SkyWise launched an attempt to raise ZAR150 million (USD10.44 million) by selling a 50% stake in the airline. The LCC looked to sell 1,500 shares valued ZAR100 000 (USD6,961) last week, with a minimum of ten to be acquired by each investor. SkyWise was grounded this month for the second time in three months after failing to settle ZAR8 million (USD556,856) in outstanding fees to...
The International Air Transport Association (IATA) released the following statement from its Director General and CEO Tony Tyler on the conclusion of the COP 21 in Paris. “IATA welcomes the historic COP 21 Paris Agreement which will provide additional momentum to Governments for the negotiations at the International Civil Aviation Organization (ICAO) on an aviation emissions agreeme...
Rectrix Aviation has in the best interest of safety banned hoverboards or any lithium battery powered self-balancing personal transportation devices onboard its aircraft. Rectrix Aviation is the first private charter air carrier to prohibit these items. “The safety of our passengers and employees is always our top priority.” Rich Cawley, CEO of Rectrix Aviation said: “Th...
Global Jet Capital has completed 90% of its acquisition of GE’s fixed wing aircraft financed portfolio. The company has so far assumed 276 aircraft based in the US and Canada, with the remaining 10% of accounts being in Brazil and Mexico. “Today’s announcement is a significant step in further cementing our position as a leader in business aviation finance in the Americas.&r...
Security experts at Moscow's Domodedovo airport have received and are currently testing gloves with integrated metal detectors, the airport's press service said in a statement Friday. If there is a metal object, a built-in vibration sensor goes into alarm in less than 0.1 second. In the near future, such metal detectors are expected to completely replace conv...
Air Lease Corporation (ALC) (Los Angeles) has announced an agreement to lease two new Boeing 787-9 Dreamliner aircraft to El Al Israel Airlines (Tel Aviv). Both aircraft are on long-term lease from ALC’s order book with Boeing and are scheduled to be delivered to Israel’s flag carrier airline in the third quarter and early fourth quarter of 2017. These new Boeing 787-9 Dreamliner ai...
The three leading US airline groups have announced a ban on so-called hoverboards, saying their batteries present an unacceptable fire hazard. American, Delta and United airlines say the ban will apply to checked and carry-on luggage on all flights. A US government agency is investigating the two-wheeled scooters after receiving at least 10 reports of fires. Other airlines have already...
A cargo plane registered in Georgia, which brought aid materials to Turkey's southeastern Van province after the earthquake in 2011, has been kept waiting at the airport to be repaired since then. The Georgian Ilyushin Il-76TD model cargo plane from SKY Georgia Airlines landed at the Erzurum airport on October 23, 2011. The airport in the eastern province of Erzurum was chosen...
December 15 marks Royal Jordanian (RJ) Airlines' 52nd anniversary. On that day in 1963, it launched its operations as the national carrier of Jordan and has since been an ambassador of goodwill and friendship to other cultures, and a bridge that enhances tourism and trade with the world. King Hussein's constant backing played a key role in the progress witnessed by the airline...
Gulfstream Aerospace Corp. formally delivered a Gulfstream G650ER to Qatar Airways in a ceremony at Gulfstream’s headquarters in Savannah. The delivery is the first of up to 30 Gulfstream aircraft Qatar Airways has agreed to purchase. The sale, a combination of firm orders and options, includes the flagship G650ER as well as the G500 and G600, Gulfstream’s new clean-sheet, wide-cabi...
British police and German investigators are enquiring into Brookfield Aviation International, which is alleged to be a "letterbox company" controlled by Ryanair. A letterbox company is one that establishes its domicile in a tax friendly country with only a mailing address while carrying out its activities across other countries with the intention of saving taxes. Ryanair's use of...
Cathay Pacific Airways (CX) Thursday announced that it will launch a new four-times-weekly service between Hong Kong and London's second airport Gatwick (LGW) next year, using its brand new Airbus A350-900 aircraft. Pending government approval, Cathay Pacific will be the only airline that flies non-stop between Gatwick and Hong Kong. Commencing on September 2, 2016, the new flights...
Elite Aviation Products, an advanced design, engineering, and manufacturing company within the aerospace industry, will host their second annual Aerospace & Defense Symposium at the Lyon Air Museum in Santa Ana, California. The event will include a wide variety of guests from original equipment manufacturers, financial institutions, industry leaders, media and elected officials. ...
A deal on limiting carbon dioxide emissions from aviation will likely be reached next year, no matter the outcome of climate change talks in Paris, a senior official from the International Air Transport Association (IATA) said. The aviation industry is not covered by the United Nations climate talks in Paris because it is organized under a separate U.N. body, the International Civil Aviation Or...
Women have no doubt been important to aviation history. Yet, the board rooms of airlines (not to mention the cockpit) have always been an old boy’s club. And in 2015, we haven’t seen much progress; there’s still a lack of gender diversity in the industry’s top levels that is frankly disappointing. While it’s common to see women working check-in counters and airport...
The world is used to seeing Cristiano Ronaldo fly down the wing for Spanish footballing giants Real Madrid. But now he’ll flying at a rather higher altitude - this time on the side of an Emirates Airbus A380. The Dubai carrier, which sponsors Real as well as a number of other top European clubs, has unveiled a new decal on the world’s largest passenger plane. The A380 has been...
