Prime Minister Theresa May is expected to decide where to allow new airport capacity near London this month, a long-awaited ruling that will help shape Britain's economy and trading ties following its vote to leave the European Union. May will either support plans for a new runway west of London at Heathrow, the busiest airport in both Britain and Europe, or at Gatwick to the south. The dec...
China’s HNA Group, controlled by the billionaire Chen Feng, has agreed to buy the aircraft-leasing business of CIT Group for US$10 billion in a deal that would create the world’s third-largest rental fleet. HNA’s Avolon Holdings will expand its line-up to 910 aircraft valued at more than $43bn, including planes on order, the company said. The acquisition is scheduled to close...
The Latvian airline airBaltic will introduce a new route between Geneva and Riga for the next summer season. The flight will start on May 4, 2017, and will be operated with a Boeing 737-300 (capacity of 144 seats). Direct flights between the two cities are scheduled on Monday, Thursday and Friday. The airline will leave Riga at 07:55 to arrive in Geneva at 09:45. On the way back, the plane will...
Bombardier Commercial Aircraft announced today that the European Aviation Safety Agency (EASA) has awarded Type Validation to Bombardier’s CS300 aircraft. The validation is a requirement for the aircraft’s operation in Europe and a precursor to first delivery to CS300 launch operator, airBaltic of Latvia. Bombardier’s first CS300 aircraft delivery to airBaltic is scheduled for th...
Airlines have "informally" asked its pilots to avoid landing in Pakistan unless there is an "emergency" situation such as engine failure or fire on-board. In the wake of the current hostile situation between India and Pakistan, pilots have been asked to opt for Oman or United Arab Emirates, when flying overseas or heading to Delhi, Mumbai or Ahmedabad on domestic flights....
Tirana International Airport (TIA) announces that China Everbright Limited (CEL, stock code: 165.HK), an international investment and asset management company based in Hong Kong, has acquired 100% of the shares in TIA. “We are thrilled to announce an era of transformation with China Everbright Limited,” said Mr Rolf Castro-Vasquez, Chief Executive Officer of TIA. “Th...
Gulf carrier Qatar Airways ordered $18.6 billion worth of Boeing Co jetliners, a deal that includes firm orders for 40 widebody aircraft and options for 60 narrowbody 737 MAX 8 jets, Boeing and the airline said on Friday. The order for up to 100 jetliners helps fill out Boeing's order book in a year when sales have slowed sharply, and amid tough price competition with European rival Ai...
The Jet Centre at London City Airport is proud to be the latest recipient of the IS-BAH award for quality of handling. London City Airport provides access for business aviation from its home airport location which is only four miles from Canary Wharf, seven miles from The City and nine miles from Mayfair. London City Airport has approvals for most major manufactures with the Global 6000, Fal...
Embraer announced that the head-up display and enhanced vision system for the Legacy 450 and Legacy 500 have been awarded certification by Brazil's civil aviation authority (ANAC Agência Nacional de Aviação Civil), the FAA (Federal Aviation Administration), and the European Aviation Safety Agency (EASA). The company has combined these two systems into the Embr...
Russia’s Transport Ministry has sent its Kazakhstani counterpart a draft of the ‘open sky’ concept that may lay the basis for interaction to create a common air space of the member states of the Eurasian Economic Union (EAEU), Russian Transport Minister Maxim Sokolov said on Tuesday. The Russian transport minister made this statement at the forum of interregional cooperation b...
The International Air Transport Association (IATA) congratulated states which, under the leadership of the International Civil Aviation Organization (ICAO), have achieved an historic agreement to implement a market-based measure that will support airlines’ efforts to stabilize emissions with carbon neutral growth. The agreement was reached by states attending the 39th ICAO Assem...
Air Canada announced that it has completed its previously announced private offering of C$200 million of 4.75% senior secured first lien notes due 2023 (the “2016 Senior Notes”) and the closing of its previously announced U.S.$1.1 billion new senior secured credit facility, comprised of a U.S.$800 million term loan maturing in 2023, together with a new, undrawn U.S.$300 millionrevolving credit fac...
