ALC issues full year results

ALC issues full year results

🕔10:35, 25.Feb 2019

Air Lease Corporation (ALC) has reported revenue of $450 million for the three months ended December 31, 2018, an increase of 12.9%, and has booked $1.7 billion revenues for the full year 2018, an increase of 10.8%. The increase was

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Chorus Aviation closes portfolio transaction for six regional aircraft

Chorus Aviation closes portfolio transaction for six regional aircraft

🕔10:33, 25.Feb 2019

Chorus Aviation Capital has acquired a portfolio of six aircraft with leases attached.  The portfolio consists of two ATR72-600s on lease to Azul of Brazil, and four Q400s on lease to two other existing customers of Chorus Aviation Capital.  With

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Southwest Airlines issues Q1 guidance

Southwest Airlines issues Q1 guidance

🕔10:30, 25.Feb 2019

Southwest Airlines previously communicated an estimated negative revenue impact in the $10 million to $15 million range for January 1st through 23rd related to the government shutdown. Since then, the airline has announced that it has continued to experience softness

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LHT established a new repair and overhaul site for engine parts in Miskolc, Hungary

LHT established a new repair and overhaul site for engine parts in Miskolc, Hungary

🕔10:22, 25.Feb 2019

With the acquisition of property in the Hungarian city of Miskolc, Lufthansa Technik (LHT) has initiated the establishment of a new site for the repair and overhaul of aircraft engine parts. Dubbed Lufthansa Technik Miskolc, a new fully-owned subsidiary of

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ATR extends Type ‘A’ maintenance visit intervals

ATR extends Type ‘A’ maintenance visit intervals

🕔10:14, 25.Feb 2019

Turboprop manufacturer ATR has received certification from EASA to extend the intervals between the Type A maintenance checks from 500 to 750 hours, for all of its aircraft series. This 50% increase in intervals will allow ATR customers a significant

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AirBridgeCargo Airlines adds Dhaka to its international network

AirBridgeCargo Airlines adds Dhaka to its international network

🕔10:11, 25.Feb 2019

AirBridgeCargo Airlines is ramping up its footprint in Asia with the introduction of Dhaka to its international network. The company will offer customers twice-weekly frequencies to the capital of Bangladesh to accommodate the country’s emerging export flows, which have seen

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Formula One Technology and World Class Design to enhance future airline passenger experience

Formula One Technology and World Class Design to enhance future airline passenger experience

🕔10:07, 25.Feb 2019

Williams Advanced Engineering and JPA Design have joined together to revolutionise future aircraft interiors through the application of world class design and Formula One-derived technology. As airlines invest in new, lighter aircraft made of composite materials, such as carbon fibre

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Willis Lease and FLYdocs spearhead the development of blockchain-powered aviation records platform

Willis Lease and FLYdocs spearhead the development of blockchain-powered aviation records platform

🕔10:03, 25.Feb 2019

Willis Lease Finance Corporation (WLFC) and FLYdocs have joined forces to develop a pilot programme demonstrating the use of blockchain technology on an open source data sharing platform for aircraft, engine and component records. The two companies are engaging in

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Miat Mongolian Airlines extends AJW Group PBH contract to include 737 Max aircraft

Miat Mongolian Airlines extends AJW Group PBH contract to include 737 Max aircraft

🕔09:57, 25.Feb 2019

AJW Group has extended its power-by-hour (PBH) contract with MIAT Mongolian Airlines. This extension marks the addition of the carrier’s Boeing 737 MAX aircraft to the contract. The existing contract with MIAT Mongolian Airlines includes full PBH support for their

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FPG Amentum and FPG arrange the acquisition of two TUI 737 MAX8s

FPG Amentum and FPG arrange the acquisition of two TUI 737 MAX8s

🕔09:53, 25.Feb 2019

Financial Products Group (FPG), the Tokyo-headquartered, listed independent financial services firm and FPG Amentum (FPG Amentum), the Dublin-based aircraft leasing / management company have announced the acquisition of two Boeing 737 MAX8s. The aircraft were acquired in sale-leaseback transactions and

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