European business aviation company KlasJet has supplemented its fleet with the first narrow-body business aircraft – Boeing 737. Newly modified and furnished to meet the demands of sports teams, large business traveler groups and government officials, the new business jet has been already delivered to KlasJet by AviaAM Leasing. The Boeing 737 business jet is equipped with 56 business...
BAA Training, European standard aviation training centre, widens its partners’ list for ab initio pilot training and starts cooperation with Small Planet Airlines, one of the fastest growing independent leisure airlines in Europe. The main purpose of the recently launched cadet program is to establish eased opportunities for talented youngsters to become pilots and support the airline wit...
The gap between low cost and traditional air carriers is narrowing firmly. This fact alone puts pressure on ground handling (GH) companies as well. Although, there are airlines that inquire for 40-60 minutes service, the share of air carriers asking for 20-30 minutes turnaround time review is expanding firmly, even though, they are not LCCs. Increased speed and scope demand foster GH to either hir...
BAA Training, European standard aviation training centre, has announced gaining an approval to provide ATR 42/72 FFS services for Tanzanian aviation companies. After successful audit by Tanzanian Civil Aviation Authority (TCAA), ATR 42/72 type rating training and full flight simulator dry or wet lease is allowed to be provided at the training center in Vienna, Austria. Inspectors of TCAA audit...
AviaAM Leasing, a Warsaw Stock Exchange listed global aviation holding company, engaged in the business of commercial aircraft acquisition, leasing and sales, has announced having delivered Boeing 737 business jet on an operating agreement to European business aviation company KlasJet. Having acquired the Boeing 737-500 in November 2016, AviaAM Leasing became the third owner of the aircraf...
With half of the year 2017 almost gone, experts in the private jet MRO industry tend to look back at the trends that developed through the year. This year, new generation aircraft as well as cabin modifications are the ‘hot topics’, both of which are pushing MROs to change service scope and variety. Changing fleet composition is among the key future game-changers for business aircr...
Aircraft spare parts and repair capabilities marketplace Locatory.com is further expanding its presence in Asia by signing a contract with HNA Technic, MRO unit of the HNA Group – biggest private airline group in China. The Asian company will conduct its spare parts trade on behalf of 20+ airlines using Locatory.com. HNA Technic will be listing over 20 000 commercial aircraft parts on the...
As it stands today, Airbus and Boeing have a total of over 11 000 new aircraft in their backlogs. Inevitably, all of these machines will blend into the ageing worldwide fleet, amounting to a colossal 40 000 aircraft in 2035, says Boeing. Nevertheless, as the numbers in this graph flourish, delays and flight cancellations are also on an upward trend, amounting to losses of almost quarter of a milli...
May 2017 became symbolic in the history of Lithuanian aviation because Lithuanian Airports handled more than half a million passengers, i.e. 13.3% more than during the same period last year, and achieved the best result in the history of Lithuanian aviation. Until now, the record month in terms of the number of passengers was August 2016 when 481,000 passengers, that is, 6% fewer than in May 2017,...
AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, has announced its financial results of 2016 recording significant increase in business volumes – company’s revenue tripled to €80,8 million, operating profit jumped by 75% from €13,9 million in 2015 to €23,1 million in 2016. Net profit grew from €9,1 million to €16,1 million. The c...
From temporary departure and arrival terminals that are being built to additional aircraft parking – preparations for the significantly increased passenger flow are in full swing at Kaunas Airport. The temporary infrastructure that is being created and the airport apron that is being reconstructed at the moment will allow Kaunas to handle flights and passengers transferred from Vilnius Airpo...
The year 2016 was the record year for Lithuanian Airports: 4.8 million passengers were served and the number of flights reached 52 thousand. The greatest increase was demonstrated by Palanga Airport where the number of passengers has surged by 60 per cent and reached 233 thousand. The CEO of Lithuanian Airports Gediminas Almantas was pleased that last year was the best year for Lithuanian Airpo...
