Boeing delivered the first of eight 787-10 Dreamliner airplanes to Vietnam Airlines today via lease from Air Lease Corporation . The Vietnamese flag carrier plans to put the 787-10 – the most fuel-efficient twin-aisle airplane in the industry – on the busiest routes in its expa...
Gatwick is publishing its new five-year Capital Investment Programme (CIP) which highlights more investment in automation and technology as an enabler of sustainable growth. New initiatives include robotic parking and automated boarding technology, which will speed up boarding and give passengers mo...
CDB Aviation announced the delivery of an Airbus A320neo aircraft to its new customer in Russia, Yekaterinburg-based Ural Airlines. The aircraft is part of the lease agreement for a fleet of three A320neos, with two further jets slated for arrival through the end of 2019. The delivery also marks the introduction of the first CFM International LEAP-1А-powered A320neo to be operat...
CDB Aviation delivered Airbus A320neo to Air Seychelles, the national airline of the Republic of Seychelles. While being the first A320neo family aircraft type to be delivered to an African airline, the aircraft is also the first unit equipped with CFM’s new generation LEAP-1A engines to be operated on the continent. “We congratulate the Air Seychelles team...
Latvian airline airBaltic on July 23, 2019successfully placed a 200 million euro issue 6.75 percent 5-year bonds becoming the largest corporate bond issue originating from Latvia. The transaction was well received by the international and local investor community resulting in a final allocation to more than 100 investors from 25 countries and the demand for the securities exceeded s...
American Airlines welcomes the U.S. Department of Transportation’s final approval of a joint business agreement with Qantas. American and Qantas now have the opportunity to jointly offer more products that will better serve customers flying between the United States and Australia and New Zealand. This has been a longstanding business objective of the partnership. “We look forward to...
Cathay Pacific acquired of Hong Kong Express Airways, which is now its wholly owned subsidiary. However, HK Express will remain a stand-alone low-cost carrier to serve a niche value market segment Cathay Pacific Chief Executive Officer and HK Express Chairman Rupert Hogg said: “We are very excited to welcome HK Express into the group. We strongly believe that the acquisitio...
FACC AG started 2019 with a slight increase in revenues, but a decline in profits. Compared to the previous year, Group revenues increased moderately by 2.2 % to EUR 193.7 million in the first quarter. However, reported earnings before interest and taxes (EBIT) amounted to EUR 7.4 million and were thus, as expected and already communicated, below the level of the first quarter of the previous year...
Business aviation professionals are quite ready for big announcements during TOP important industry events. At the moment we've been true the wave of important news during EBACE, but NBAA convention is still some month ahead. However, here one more very important announcement - Dassault Aviation and RUAG announced the acquisition by Dassault Aviation of the maintenance and FBO activi...
The aviation training market has exploded with airline demand and it is forecast that training over 800,000 pilots worldwide will generate a need for thousands of new planes.That adds up to potential sales of over $7 Billion USD. Market demand to produce new training planes has increased so much the one major light plane maker has revealed a 700 plane backorder and $350 million in annual...
An important acquisition in business aviation world -Swiss-based Sparfell Aviation Group acquires LaudaMotion Executive! From now Sparfell Aviation Group is now able to provide a one-stop solution for every need in private aviation. Headquartered in Vienna, LaudaMotion Executive holds an Austrian air operator’s certificate (AOC) and operates a fleet of 13 business jets primaril...
TAROM, the Romanian national air carrier, has to renew its regional fleet, to provide increased seat capacity, to low operating costs and improve environmental performance. The choice of partners for this operation was quite obvious - ATR the market leader of regional aicraft and NAC, as number one regional aircraft lessor. So TAROM will introduce nine new ATR 72-600 aircra...
Nordic Aviation Capital (NAC) and ATR have signed a Letter of Intent for 35 firm ATR -600s, with options for a further 35 and purchase rights for another 35. The total value of the agreement amounts to over 2 billion dollars. Deliveries of the initial 35 aircraft will begin in 2020 and run up to 2025. This new deal cements a very successful and longstanding collaboration between NAC and AT...
Novikombank, part of Russia’s State Corporation Rostec, concluded a number of agreements during the XXIII St. Petersburg International Economic Forum (SPIEF-2019) to finance the holdings of the Corporation's aviation cluster, namely United Engine Corporation (UEC) and Russian Helicopters. Among key target projects were the modern PD-14 and VK-2500 aircraft engines and a number...
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United Kingdom, London
27/08/2019 - 01/09/2019
Russian Federation, Zhukovsky
During the celebration of 50th anniversary, Embraer announced US$ 30 million investment in the expansion of its Eugênio de Melo unit, in São José dos Campos. Through the construction of new facilitie...
