Aviareto, the joint venture between SITA and the Irish Government, is celebrating its one millionth registration of aircraft assets. Aviareto holds the contract with the United Nations’ International Civil Aviation Organization (ICAO) to operate the International Registry of Mobile Assets, which is used to record the financial interest in airframes, aircraft engines and helicopters. Financia...
Alsim is very pleased to announce the sale of an AL42 VI simulator to Atlantic Flight Training Academy, a flight school located in Cork, Ireland. This will be first Alsim simulator in the country. The device, an exact replica of the Diamond DA42, will be delivered during the first trimester of 2019. Capt. Mark Casey, Atlantic Flight Training Academy Managing Director e...
Facility Further Expands the Company’s Banking Partnerships Worldwide CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today that the company successfully closed a secured portfolio financing facility for $700 million, covering a fleet of 19 Airbus and Boeing aircraft. “Diversifying...
Aireon and the Irish Aviation Authority (IAA) announced that Air Navigation Service Providers (ANSPs), Aircraft Operators, Regulators and Search and Rescue Organizations can now pre-register for their free, global Aircraft Locating and Emergency Response Tracking (ALERT) service. The Aireon ALERT service will provide the last known position of an Automatic Dependent Surveillanc...
Airline looking to recruit 40 pilots, almost doubling the current number of flight crew currently operating out of Dublin base Recruitment drive is a result of previously announced transatlantic expansion in Ireland including a new route between Dublin and Hamilton / Toronto. Due to continued expansion Norwegian has launched a recruitment drive in Ireland for pilots who hold a Boeing 737...
QME Mining Equipment Ltd will take delivery of the helicopter in early 2019 Leonardo and official distributor in UK and Ireland Sloane Helicopters have delivered 15 aircraft in the last 18 months confirming Leonardo’s dominance in the regional VIP market With a 50% share in 2017 Leonardo continues to lead the world’s VIP multiengine helicopter market Leonardo and...
CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the last delivery of a fleet of six Airbus A320-200neo aircraft to Scandinavia’s largest airline, SAS, as part of a sale and leaseback transaction commenced in March 2017. “We are delighted to con...
Ryanair today (21 May) reported a 10% increase in full year profit after tax to €1.45bn, as lower fares (down 3%) stimulated 9% traffic growth to over 130m guests, and an industry leading 95% load factor. Ryanair’s CEO Michael O’Leary said: “We are pleased to report a 10% increase in profits, with an unchanged net margin of 20%, despite a 3% cut in air fares, durin...
Ryanair, Europe’s No.1 airline, welcomed the findings of a research project carried out by CEPS (Centre for European Policy Studies) exploring the impact of low-cost carriers in Europe in terms of integration and patterns of mobility. The report, titled ‘Low-Cost Airlines: Bringing the EU Closer Together’*, considered several channels to assess the extent of the contribut...
CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the completion of the delivery of two Boeing 737-800 aircraft to Ukraine’s flag carrier Ukraine International Airlines (“UIA”). The aircraft delivered from CDB Aviation’s order book with...
Irelandia Aviation (Irelandia), the investment group behind several low cost airline carriers, has today (26 November 2017) announced the establishment of a new division, AerDrone International, a platform dedicated to commercial drone leasing. AerDrone International will be based in Dublin which is now well established as a global leader in aviation finance and leasing. AerDrone International...
After messing up with planning pilots‘ holidays schedules, in the next 6 weeks Ryanair announced cancelling from 1680 to 2100 flights. The massive cancellations will affect around 400 thousand passengers. The grand plan was said to fight Ryanair’s low punctuality rate, but the day after, airline spokesman had to admit that it were staff holiday management mistakes what caused cancelati...