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A deal for selling Sukhoi SuperJet 100 aircraft to Europe may be closed in 2015

A deal for selling Sukhoi SuperJet 100 (SSJ 100) aircraft to Europe will likely be closed in 2015, RIA Novosti reports with reference to VEB Head of Export Finance Department Daniil Agulyan. “A memorandum was signed at MAKS airshow and we hope that we will be able to close the deal this yea...

ST Engineering’s Aerospace Arm Completes Incorporation Of New Companies For Aircraft Leasing

Singapore Technologies Engineering Ltd (ST Engineering) today updated that further to its announcement made on 31 August 2015, the incorporation of the following new companies has been completed.  Company name: Keystone Leasing (UK) Limited Paid-up capital: US$3.00 Country of incorporat...


Routehappy Raises $3 Million; Launches Routehappy Hub to Help Airlines and Distributors

Routehappy, the product differentiation platform for air travel, today announced it has secured $3 million in Series B funding from air travel industry veteran PAR Capital Ventures, with participation from existing investors, iNovia Capital and Contour Venture Partners. Routehappy will use the capital in the launch of Routehappy Hub for airline and distributor customers as airlines integ...

US airlines, $5.5 bn net profit in the Q2 of 2015

U.S. scheduled passenger airlines reported an after-tax net profit of $5.5 billion in the second quarter of 2015, up from $3.1 billion in the first quarter of 2015 and up from $3.6 billion in the second quarter of 2014, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported. The 26 U.S. scheduled service passenger airlines reported an after-ta...

FLY Leasing Sells 12 Older Aircraft for US$240 Million

Ireland's FLY Leasing is selling 12 older aircraft from its portfolio for US$240 million as the company continues its fleet renewal strategy. The aircraft will transfer individually to the unidentified new owner, with all transfers expected to be completed by the end of the year. FLY said the sale is expected to produce a US$12 million pre-tax gain, and it expects to incur US$3 mi...

AWAS delivers one 747-400F (factory freighter) to Kalitta Air

AWAS announced today that it has delivered on-lease one 747-400F factory-built freighter aircraft to Kalitta Air, a global provider of air cargo services based in Ypsilanti, Michigan. This aircraft comes from AWAS’ existing portfolio. Conrad Kalitta, Founder and Owner Kalitta commented, “We are pleased to accept delivery of this uniquely capable, factory-built 747-400F freighte...

Critical Alerts For Mobileye NV, Aerie Pharmaceuticals, JetBlue, American Airlines and Skyworks

InvestorsObserver issues critical PriceWatch Alerts for MBLY, AERI, JBLU, AAL and SWKS. To see what our analysts have discovered about a particular stock, read the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. (Note: You may have to copy this link into your browser then press the [ENTER] key.) MBLY: http://www.investorsobserver.com/pr/91720150/MBLY &...

Aeroflot to increase capital investment in Orenair

Russia’s Aeroflot will initiate and fully subscribe to a capital increase in Orenair subsidiary as part of the group’s multi-brand renewal strategy. Orenair provides flights to leisure destinations. In November 2011, Aeroflot received 100% shares of OrenAir from Rostekhnologii (Rostec), a state corporation controlled by the Russian Federation, together with shares of four...

Moody’s downgrades France’s govt. bond ratings to Aa2

Moody’s on Friday downgraded France's government bond ratings by one notch to Aa2 from Aa1; the outlook on the ratings is stable, the international ratings agency said in a statement. Moody’s said the key interrelated drivers of the action were: "the continuing weakness in France's medium-term growth outlook, which Moody's expects will extend through the remainder o...

More U.S. firms eying overseas moves given EXIM lapse: AIA

More U.S. companies are considering moving plants overseas given concerns about the shutdown of the U.S. Export-Import Bank, the largest U.S. aerospace trade group said Friday, a day after General Electric Co (GE.N) announced plans to build a $400 million turboprop engine plant in Europe. David Melcher, president of the Aerospace Industries Association, said he expected similar announcements fr...

United Airlines Extends Deal With Chase for MileagePlus Credit Cards

Shares of United Airlines’ parent soared Thursday after the company announced new credit-card agreements that analysts said could boost earnings. United Continental Holdings Inc. announced Wednesday that it had extended deals with Visa and JPMorgan Chase for cards that let members of United’s MileagePlus loyalty program earn miles by using their credit card for purchases. The airlin...

Chinese Lessor Close to Buying Bombardier Jets

Plane maker Bombardier Inc is close to sealing an order from a Chinese lessor for its CSeries aircraft. Any such deal would signal increasing interest in Bombardier's biggest-ever jet. Bombardier declined to identify the prospective buyer, but Fred Cromer, its president for commercial aircraft, said at the ongoing Aviation Expo China 2015 in Beijing that the company is "in the...

Rockwell Collins Announces Financial Guidance for Fiscal Year 2016

  Rockwell Collins, Inc. today announced guidance for fiscal year 2016. The company expects revenue between $5.3 billion and $5.4 billion, earnings per share in the range of $5.20 to $5.40, and cash flow from operations of $700 million to $800 million. Total segment operating margins are expected to be about 21%. This financial guidance includes the impact of an estimated restructurin...

SAS and Apollo sign agreement worth 900 Million SEK

SAS and Apollo are extending their cooperation on charter flights and have signed an agreement for the 2016 summer season worth around MSEK 900. As a result, SAS will be flying Apollo’s customers from 18 locations in Sweden, Norway, and Denmark to 28 destinations across Europe. SAS and Apollo have been in partnership for about 15 years and once again Apollo h...

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SCALE Aviation - new financing and liquidity player on aviation market

Credit Suisse established a new wholly-owned subsidiary, SCALE Aviation. Headquartered in Dublin, Ireland, SCALE will focus on supporting Credit Suisse’s clients in driving increased aviati...

Toyota became lead investor to develop and produce Joby Aviation eVTOL aircraft

Toyota is exploring a new flight path for mobility through a new collaboration with Joby Aviation, an aerospace company that is developing and commercializing all-electric eVTOL aircraft to enabl...

The most advanced transportation method to healthcare raises strategic investment

A strategic investment was announced by Matternet, a pioneer in drone delivery for medical applications. The round of funding will provide Matternet with access to a broad set of opport...

Textron Aviation adds three company-owned Service Centers in APAC

To strengthen its Asia Pacific service offering, Textron Aviation acquired Premiair Aviation Maintenance, an Australian MRO service provider. Previously named an Authorized Service Facility, Premiair...

2019 for Airbus - strong commercial aircraft performance

Airbus SE delivered 863 commercial aircraft to 99 customers in 2019, outpacing its previous output record set in 2018 by eight percent. In the 17th yearly production increase in a row, Airbu...