Air Italy replaces Max 8 with A319

Air Italy replaces Max 8 with A319

🕔16:23, 15.Mar 2019

Air Italy is leasing an A319 from Bulgaria Air to replace its 737 MAX 8 that has been grounded by regulators. “With the grounding of our [737 MAX 8] aircraft, it was vital to find alternative aircraft as rapidly as

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FPG Amentum and FPG arrange the acquisition of an A320-200 on lease to ANA Holdings

FPG Amentum and FPG arrange the acquisition of an A320-200 on lease to ANA Holdings

🕔16:20, 15.Mar 2019

Financial Products Group (FPG), the Tokyo-headquartered, listed independent financial services firm and FPG Amentum, the Dublin-based aircraft leasing / management company has acquired one Airbus A320-200. The aircraft was acquired from another lessor at delivery from Airbus and is on

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SWISS reports new 2018 earnings and Feb. traffic; debuts premium economy class

SWISS reports new 2018 earnings and Feb. traffic; debuts premium economy class

🕔16:19, 15.Mar 2019

Swiss International Air Lines (SWISS) achieved adjusted earnings before interest and taxes (Adjusted EBIT) of CHF 636 million for 2018, a 16% improvement on the prior-year result of CHF 548 million and the highest operating profit ever recorded in the

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Lufthansa sells six A380s back to Airbus; eyes Condor acquisition

Lufthansa sells six A380s back to Airbus; eyes Condor acquisition

🕔16:16, 15.Mar 2019

Yesterday, Lufthansa Group announced the purchase of 40 Boeing 787-9 and Airbus A350-900 long-haul aircraft – to be delivered between 2022 and 2027 – that will replace its A340 fleet. Today, the airline group further revealed that it has sold

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Jet Airways restructuring plan delayed by row over Goyal’s shareholding cap

Jet Airways restructuring plan delayed by row over Goyal’s shareholding cap

🕔15:52, 15.Mar 2019

India’s Economic Times is reporting that the Jet Airways revival plan has stalled over promoter Naresh Goyal’s insistence that his shareholding shouldn’t be capped at 22 per cent in “perpetuity”, which was one of Etihad’s conditions for providing funds to

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CSALP to become Airbus Canada Limited Partnership

CSALP to become Airbus Canada Limited Partnership

🕔15:47, 15.Mar 2019

C Series Aircraft Limited Partnership (CSALP) will soon change its name to Airbus Canada Limited Partnership.  The new name reflects the majority interest of Airbus in the limited partnership since July 1, 2018. The organisation will adopt the Airbus logo

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Azul reports record earnings for 2018

Azul reports record earnings for 2018

🕔15:37, 15.Mar 2019

Azul has reported operating income of R$282.9 million for the fourth quarter of 2018, representing a margin of 11.4%, even with the 17.3% devaluation of the Brazilian real and the 37.2% increase in fuel price per liter. Operating margin was

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FedEx Corporation appoints new president and CEO of FedEx Express

FedEx Corporation appoints new president and CEO of FedEx Express

🕔16:51, 14.Mar 2019

FedEx Corp. has appointed Don Colleran as president and chief executive officer of FedEx Express, effective March 16. Colleran has been with FedEx for almost 30 years, holding various executive level positions in several operating companies and international regions. He

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Embraer reports fourth quarter and full year results

Embraer reports fourth quarter and full year results

🕔16:47, 14.Mar 2019

During 4Q18, Embraer delivered 33 commercial and 36 executive aircraft (24 light jets and 12 large jets), for a total of 90 commercial and 91 executive aircraft (64 light and 27 large) delivered in 2018. Deliveries of commercial jets were

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LATAM reports 2018 earnings

LATAM reports 2018 earnings

🕔16:44, 14.Mar 2019

LATAM Airlines reported an operating income of US$295.2 million for the fourth quarter of 2018, a 9.3% increase compared to year-ago period. Operating margin reached 10.6%, an increase of 0.8 percentage points, driven by a 2.3% increase in passenger revenues

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