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Ryanair Q1 Profits Rise 55% To € 397m Due To Strong Easter But No Change To FY Guidance

Ryanair, Europe’s No. 1 airline, reported a 55% rise in Q1 profit to €397m. This result is distorted by the timing of Easter in Q1 with no holiday period in the prior year comparative. Traffic grew 12% to 35m as Ryanair’s lower fares and “Always Getting Better” (AGB) pro...

AviaAM Leasing sells 4th Airbus A321 with lease attached

AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, have sold 4th Airbus A321 aircraft from its fleet with lease attached. The ownership of the aircraft was transferred to the new lessor together with operating lease contract with Small Planet Airlines Poland. On the 20th of...

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Etihad Airways sells first airline stake since launching review

Etihad Airways has sold its minority stake in European regional carrier Darwin Airline, the first divestment since launching a strategic review last year and just weeks after chief executive James Hogan left the Abu Dhabi carrier. Etihad, which held a 33.33 percent stake in Darwin Airline, and other investors have sold their shares to a new Swiss subsidiary of Slovenia's Adria Airways, acco...

Zenith Aviation almost doubles hours flown in half year performance report

Biggin Hill based corporate jet operator, Zenith Aviation has reported a staggering year on year increase in the number of hours flown in both Q1 and Q2 of 2017 in comparison to the same period last year. Managing director of Zenith Aviation, Stuart Mulholland commented: “We saw a 37% increase in June compared to the previous year and our Jan-June period saw a huge 83% increase. This, add...

Global expansion through business acquisition in aviation: the better way?

To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth of worldwide mergers and acquisitions topping €41 billion it’s only natural that increasing number of deals has been recorded and anticipated in the aviation industry as well. With a vast e...

Equiom reaches new yachting and aviation milestone

Equiom has reached a new milestone of USD4 billion in assets under administration for its yachting and aviation portfolio. As one of the largest yachting and aviation departments in the corporate service sector globally, Equiom has a 30-strong yachting and aviation team worldwide. They provide ongoing support and advice to clients with dedicated teams for...

Norwegian reports a pre-tax result of 861 million NOK (£80.5m) and a high load factor

Norwegian (NAS) reported its second quarter results for 2017. The pre-tax result (EBT) was 861 million NOK (£80.5 million). This is slightly down from last year’s result, mainly due to higher oil prices and the air passenger tax implemented by the government in Norway last year. The overall performance was positive in all of Norwegian’s main markets during the second quarter....

Bombardier Announces Dividend Rate Applicable to its Series 3 Preferred Shares

Bombardier Inc. announced that as of August 1, 2017, its Series 3 Preferred Shares will pay, on a quarterly basis, as and when declared by the Board of Directors of Bombardier Inc., cash dividends for the following five years that will be based on a fixed rate equal to the product of (a) the average of the yield to maturity, designated on July 11, 2017 by National Bank Financial Inc. and Scotia Ca...

Embraer Delivers 35 Commercial and 24 Executive Jets in 2Q17

During the second quarter of 2017 (2Q17), Embraer delivered 35 jets to the commercial aviation market and 24 jets to the business aviation market, of which 16 were light jets and eight were large jets. The number of deliveries in Commercial Aviation rose roughly 35% over the same period last year. With respect to Executive Jets, the segment delivered five large jets more than in the second quar...

Aeroflot receives Airbus A321 – 5th aircraft delivered by AviaAM Financial Leasing China

AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has delivered Airbus A321 aircraft to the largest Russian carrier Aeroflot – Russian Airlines. The recent aircraft delivery is the 5th out of planned 8 under the...

Rockwell Collins Increases Share Repurchase Authorization by $200 Million

The Board of Directors of Rockwell Collins recently approved the purchase of an additional $200 million of Rockwell Collins common stock. With this additional authorization, total share repurchases authorized as of July 7, 2017 is $285 million. “This additional authorization demonstrates the Board of Directors’ continued confidence in our ability to generate cash flow needed to...

StandardAero & Airbus exclusive negotiations for the acquisition by StandardAero of Vector Aerospace Holding

 StandardAero Aviation Holdings, Inc. (“StandardAero”) and Airbus SE (“Airbus”) announced that they have entered into exclusive negotiations with respect to an acquisition by StandardAero of Vector Aerospace Holding SAS (“Vector”) from Airbus. Vector is a global aerospace maintenance, repair and overhaul company, providing responsive, quality support for...

DC Aviation Announces Sale of its Foundation Airbus and its Continued Operation for the New Owner

DC Aviation, headquartered in Stuttgart, announces that it sold its „foundation aircraft“, an Airbus A319 CJ, with which it originally started its operation, and that it will continue to operate and maintain the aircraft for the new owner. From 1999 through 2008 DC Aviation was a subsidiary of the DaimlerChrysler AG managing the regular shuttle traffic between the two corporate head...

Strong 2017 Mid-year results for Avinco with 18 helicopter transactions

Avinco again demonstrated its unaltered ability to perform steadily in spite of global market challenges. 18 helicopters transactions were achieved in the first semester of 2017, of which 2 from its own portfolio. Despite a challenging market in the first half of 2017 Avinco placed a wide range of helicopters of which EC120, AS350’s,H125, BK117,  EC145, AS365’s;  EC...

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Global expansion through business acquisition in aviation: the better way?

To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth...

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ST Engineering’s Aerospace Arm Incorporates New Companies for Engine Leasing

Singapore Technologies Engineering Ltd (ST Engineering) announced that its associated company, Total Engine Asset Management Pte. Ltd. (TEAM), has set up two new special-purpose vehicles, namely...

Zenith Aviation almost doubles hours flown in half year performance report

Biggin Hill based corporate jet operator, Zenith Aviation has reported a staggering year on year increase in the number of hours flown in both Q1 and Q2 of 2017 in comparison to the same period last y...

Ryanair Q1 Profits Rise 55% To € 397m Due To Strong Easter But No Change To FY Guidance

Ryanair, Europe’s No. 1 airline, reported a 55% rise in Q1 profit to €397m. This result is distorted by the timing of Easter in Q1 with no holiday period in the prior year comparative. Traf...

AviaAM Leasing sells 4th Airbus A321 with lease attached

AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, have sold 4th Airbus A321 aircraft from its fleet with lease attached. The ownership of the aircraft was transferred to the new...

Global expansion through business acquisition in aviation: the better way?

To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth...

Etihad Airways sells first airline stake since launching review

Etihad Airways has sold its minority stake in European regional carrier Darwin Airline, the first divestment since launching a strategic review last year and just weeks after chief executive James Hog...