ExecuJet is today announcing the acquisition of its first FBO in the Caribbean region, at Princess Juliana International Airport on the island of St. Maarten. ExecuJet’s St. Maarten FBO, acquired from TLC Aviation, takes the ExecuJet FBO network to 24 locations globally. The St. Maarten FBO offers ground handling, fuelling, air charter, flight plans, executive transport and accommoda...
Emirates Airline announced today that it has repaid a bullet bond in full for the value of USD $1 billion (AED 3.673 billion) on its maturity date of 8 June 2016. The USD $1 billion bullet bond was raised in 2011 to address Emirates’ working capital requirements. Emirates will also be repaying a bond totalling SGD 150 million later this month, which was ori...
Ryanair, Europe’s favourite airline, today (9 Jun) announced that it will launch a low price accommodation offer, “Ryanair Rooms”, from 1st October next, offering its 116m customers the widest choice of hotel, hostel, B&B, holiday villa and homestay options, but always at the lowest prices. Ryanair is inviting all interested accommodation providers to submit proposals to beco...
Qantas has announced that construction of a new multi-million dollar premium lounge at Brisbane Airport’s international terminal will begin within weeks. The new lounge will combine Qantas’s international first and business class lounges to create one large premium lounge. To facilitate the works, Qantas’s existing lounge facilities will close on June 29, with affected...
A two-percent surge in business jet activity in Europe last month was not enough to lift overall business aircraft departures in the region, according to data released today by WingX Advance. In total, there were 73,687 business aviation departures in Europe last month, a 0.1 percent year-over-year decline. Weak growth was reported in Western Europe last month, buoyed by a 6-percent climb...
Avinco has launched Avinco Americas Corporation (AAC), with an office in Manhattan, New York. The US office has been set up to support the expansion of the company’s helicopter and commercial aircraft activities in North America. Aurélie Millet, commercial director of Avinco will be moving to the US to develop the helicopter commercial activity alongside Kris DeSoto who joined Avin...
Boeing and Hainan Airlines today celebrated the delivery of the carrier's first 787-9 Dreamliner. Hainan becomes China's first operator of both the 787-8 and 787-9 variants of the Dreamliner family. Hainan Airlines, the largest privately owned airline in China, leased the airplane through an agreement with Air Lease Corporation (ALC). The delivery is also the first 787-9...
ExecuJet on June 8, celebrated the opening of its first Mexican fixed-based operation (FBO) at Del Norte International Airport in Monterrey, Mexico. The facility, which began operating in June, offers the largest handling area at Del Norte’s General Aviation Terminal (GAT) and also boasts a large hangar, covering an area of 3,700 m². Adrian Zambrano, vice president of ExecuJet Mex...
Viking Air Limited of Victoria, BC, Canada has appointed AeroGeo of Krasnoyarsk, Russia as the first Russian-based Factory Endorsed Service Center (“FESC”) to join the Twin Otter Series 400 and legacy de Havilland support network. AeroGeo’s central location in Krasnoyarsk, combined with their extensive turbo-prop experience, makes them the ideal choice for a Viking-certifie...
Gulf Air, the Kingdom of Bahrain’s national carrier, has posted its 2015 financial and operational results, revealing a fall of almost BHD40 million in the airline’s annual losses from BHD62.7 million in 2014 to BHD24.1 million in 2015 – equivalent to a landmark 62% reduction. Commenting on the airline’s record 2015 annual results H.E. Shaikh Khalid bin Abdulla Al...
Russian jet maker Irkut Corp. on June 7 showed the first Yak-152 light piston engine trainer prototypes being assembled at the Irkutsk Aviation Plant in East Siberia. The prototype’s first flight is expected to take place this year, according to Sergey Yamalov, the plant’s lean manufacturing director. Three more airframes—one for flight trials and two more for static and...
You don’t need to own a plane to have an aircraft to yourself when you travel, with private jet charter companies offering more various hire options. Flying with a private jet offers you complete privacy and luxury, while minimising your waiting time at the airport and have you flying within minutes of your arrival. The cost of a private charter can vary considerably, depending on...
