Freezing weather cancels flights

Freezing weather cancels flights

🕔14:55, 31.Jan 2019

Airlines have cancelled flights in the Midwest of the USA this week due to the freezing weather, which is causing significant travel disruption. The most impacted airports are Chicago O’Hare Intl (ORD) and Chicago Midway Intl (MDW) – each with

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Chorus Aviation secures $300 million in financing to support its regional aircraft leasing business

Chorus Aviation secures $300 million in financing to support its regional aircraft leasing business

🕔14:52, 31.Jan 2019

Dentons has advised Chorus Aviation Capital, a wholly-owned subsidiary of Canada-headquartered Chorus Aviation, on a US $300 million committed, revolving credit facility to be used to finance future aircraft acquisitions for its regional aircraft leasing business. Established in 2017, Chorus

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Rolls-Royce Trent 1000 programme accelerates with Delta TechOps

Rolls-Royce Trent 1000 programme accelerates with Delta TechOps

🕔14:51, 31.Jan 2019

The first Trent 1000 engine repaired at Delta TechOps’ engine overhaul facility in Atlanta, Georgia is ready to return to service. Delta TechOps is a Trent Authorised Maintenance Centre. The first Trent 1000 engine was taken into the facility in

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Boeing reports strong revenue for 2018

Boeing reports strong revenue for 2018

🕔14:46, 31.Jan 2019

Boeing has reported record revenues of $101.1bn for 2018. The airplane manufacturer has cited strong demand, raising its target for commercial aircraft deliveries this year by more than 10%. Boeing’s total backlog remains robust at $490 billion, including nearly 5,900

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New team joins GA Telesis LIFT Group

New team joins GA Telesis LIFT Group

🕔14:41, 31.Jan 2019

A new team, comprised of senior asset leasing and trading executives, has joined GA Telesis LIFT Group (Leasing, Investments, Finance and Trading Group). Stuart Cauff, Luis Ayala, and Jonathan Cauff, formerly principals at Jet Trading and Leasing (JTL), were all

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Cebu Pacific takes delivery of its first A321neo

Cebu Pacific takes delivery of its first A321neo

🕔14:38, 31.Jan 2019

Cebu Pacific has taken delivery of its first Airbus A321neo aircraft, powered by the Pratt & Whitney GTF engine. Pratt & Whitney will also provide Cebu Pacific with a 10-year EngineWise service agreement to support engine performance services and maximise

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Mitsubishi aircraft unit countersues Bombardier

Mitsubishi aircraft unit countersues Bombardier

🕔14:35, 31.Jan 2019

Mitsubishi Aircraft Corporation has filed a counter suit against Bombardier claiming it has engaged in anti-competitive behaviour to impede the Japanese group’s MRJ programme. The company stated: “It is our company position that for several years Bombardier has engaged in

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Pessimistic optimism

Pessimistic optimism

🕔16:12, 29.Jan 2019

The oxymoron is a perfect way to describe the mood on stage at the seventh Airline Economics Growth Frontiers Dublin conference. Before the event opened, industry stalwarts expressed their hope that the speakers this year wouldn’t be too pessimistic about

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Hughes Hubbard’s Aviation Finance practice gains new partner

Hughes Hubbard’s Aviation Finance practice gains new partner

🕔11:55, 29.Jan 2019

Hughes Hubbard & Reed has announced that Jonathan Goldstein has joined as a partner in the firm’s Aviation Finance practice, residing in the New York office. Goldstein’s practice focuses on a broad spectrum of financing structures and active participants in

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HAECO ITM appoints Craig Winfrey as VP sales & marketing, aircraft components

HAECO ITM appoints Craig Winfrey as VP sales & marketing, aircraft components

🕔11:26, 29.Jan 2019

HAECO ITM has announced that Craig Winfrey has joined the company as Vice President Sales & Marketing, Aircraft Components. Winfrey will oversee the business areas of inventory technical management and component overhaul. Prior to joining HAECO ITM, Winfrey was head

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