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airBaltic Shows Record Revenue in H1 2018

The Latvian airline airBaltic has concluded the first half year of 2018 with a total revenue of 180.8 million euros, which is a 19% increase over the same period last year. At the same time airBaltic has carried 1.9 million passengers, an increase of 20%, and performed 13% more flights during the si...

Piper's Growth Accelerates Q2 2018 Deliveries 65% Higher than Q2 2017

Piper Aircraft, Inc. announced its results for the second quarter of 2018, ending June 30. The company posted Q2 2018 aircraft revenue of $62.3M on 53 deliveries versus $52.1M revenue on 32 aircraft deliveries in 2017.  Piper's growth in both aircraft deliveries and revenue was aide...


Boeing, Jackson Square Aviation Announce Order for 30 737 MAXs

Aircraft lessor reaches major milestone, placing its first direct order from a jet maker Jackson Square Aviation becomes 100th customer of 737 MAX program with order valued at $3.5 billion Boeing and Jackson Square Aviation (JSA) announced the leasing company has ordered 30 737 MAX airplanes in its first direct purchase from a jet maker, reflecting the evolution of the airplane lessor's...

Aircraft Marks Last Delivery of a Fleet of Six Neos to the Flag Carrier

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...

Airbus’ majority stake in C Series partnership with Bombardier and Investissement Québec comes into effect

The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE (EPA: AIR), Bombardier Inc. (TSX: BBD.B) and Investissement Québec came into effect on July 1, 2018. Airbus now owns a 50.01% majority stake in C Series Aircraft Limited Partnership, while Bombardier and Investissement Québec own approximately 34% and 16% respective...

Boeing HorizonX Ventures Invests in On-Demand Urban Aerial Delivery Startup Matternet

Boeing announced its investment in Matternet, a Menlo Park, Calif.-based startup pioneering safe, on-demand unmanned aerial vehicle (UAV) delivery operations in urban environments. Matternet's advanced logistics platform – combined with Boeing's expertise in complex logistics, integration and manufacturing capabilities – will further enable reliable, efficient ca...

New 'Honeywell Connected Aircraft Report' Reveals Airline Industry On The Cusp Of Major Investment Wave

The commercial aviation industry is at the beginning of a technology investment wave fueled by advancements in high-speed, in-flight Wi-Fi connectivity. In the new Honeywell Connected Aircraft Report (NYSE: HON), aviation professionals around the globe in the commercial aircraft sector reveal that spending on connected technologies will increase dramatically in the coming years, dri...

Connected aircraft to save aviation industry $15 billion per year and 21.3 million tonnes of CO2 emissions by 2035

London School of Economics predicts move towards connected aircraft will transform aviation airline operations and safety into a strategic asset  Connected aircraft could lead to 2.5% reduction in fuel burn per flight, equating to 21.3 million tonnes of CO2 annually Connectivity has the power to save airlines $11 billion each year by reducing the impact and likelihood of dela...

Air Partner Remarketing Market Update

Air Partner’s Russ Hubbard comments on the Remarketing division’s recent activity and the current market for aircraft sales and leasing Recent Remarketing activity The first half of 2018 has continued to be busy for Air Partner Remarketing in terms of both remarketing and ACMI (Aircraft, Crew, Maintenance, Insurance). The conclusion of one long-term contract involving the success...

ETIHAD REDUCES LOSSES IN 2017

  22%, US$ 432 million, improvement in core operating performance, driven by improved revenues and reduced costs 7.3% reduction in unit costs, despite US$ 337 million adverse effect from fuel prices 18.6 million passengers and 552,000 tonnes of cargo carried Business transformation programme well underway Etihad Airways improved its core operating performance by 22% in 2017,...

Sino Jet Launches new Guangzhou Operation Following Government’s 88 billion Investment into Greater Bay Area, China

On 14th June 2018, Sino Jet Ltd., a leading business and general aviation (BA/GA) operator, part of the Sino Jet Group, held a VIP launch event to signify the opening of its new Guangzhou base. This is the newest office to be opened by the growing operator and adds to its existing bases in Beijing, Hong Kong and Shanghai. The expansion of the company’s presence and investment into the G...

London-Gatwick takes investment to over £3 billion with new five-year plan

£1.11 billion to be spent to support airline growth and enhance the airport experience for passengers Gatwick continues to explore how it can make best use of all its existing infrastructure Providing additional capacity, improving resilience and harnessing technology are all key parts of Gatwick’s plan Chief Executive, Stewart Wingate is today announcing the new five-year...

Airbus, Bombardier and Investissement Québec agree C Series Partnership closing effective July 1, 2018

 Airbus to acquire majority stake in the C Series Aircraft Limited Partnership, effective July 1, 2018 ·         All regulatory approvals required for the closing of the transaction have been obtained ·         Partnership head office, leadership team and primary final assembly line locate...

First Boeing 777-300ER joins AviaAM Financial Leasing China fleet

AviaAM Leasing, a global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has added a brand new Boeing 777-300ER to its fleet. The aircraft was delivered to the Russian carrier, Aeroflot, under a 12-year o...

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FACC increases sales, earnings below prior-year quarter

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...