IATA: Air freight demand continues downward trajectory in February 2019

IATA: Air freight demand continues downward trajectory in February 2019

🕔15:28, 4.Apr 2019

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased 4.7% in February 2019, compared to the same period in 2018. This was the fourth consecutive month

Read Full Article
Mesa hangar construction gets underway

Mesa hangar construction gets underway

🕔15:20, 4.Apr 2019

Aircraft maintenance company MESA has started construction of its new hangar project at Beja Airport, Portugal. The work, which has already begun, is expected to last around 18-months, with the start of hangar activity scheduled to begin in the fourth

Read Full Article
Avolon provides a first quarter update

Avolon provides a first quarter update

🕔15:18, 4.Apr 2019

For the first quarter of 2019, Avolon executed a total of eight lease transactions in the quarter comprising new aircraft leases, follow-on leases and lease extensions. Avolon delivered a total of 12 new aircraft to nine customers and transitioned four

Read Full Article
NAC sells one ATR 72-600 to Travira Air; delivers one E190 to Helvetic

NAC sells one ATR 72-600 to Travira Air; delivers one E190 to Helvetic

🕔15:11, 4.Apr 2019

Nordic Aviation Capital (NAC) has sold one ATR 72-600, MSN 1187, to Travira Air. NAC has delivered one Embraer E190, MSN 19000199, to Helvetic Airways, on lease.

Read Full Article
Flybe announces base changes

Flybe announces base changes

🕔15:08, 4.Apr 2019

Flybe has confirmed that it will cease jet operations from four airports in the UK – Exeter. Norwich, Cardiff and Doncaster – as part of its previously stated strategy to reduce its aircraft fleet and return all of its 118-seat

Read Full Article
Virgin Atlantic and Delta to launch flights to Boston and New York from London Gatwick

Virgin Atlantic and Delta to launch flights to Boston and New York from London Gatwick

🕔15:07, 4.Apr 2019

Virgin Atlantic and Delta have announced plans to grow at London Gatwick – with the introduction of two new routes to Boston Logan and New York JFK from summer 2020. The transatlantic partnership will offer up to 18 daily flights

Read Full Article
Ethiopian Airlines reveals preliminary report of Flight ET 302

Ethiopian Airlines reveals preliminary report of Flight ET 302

🕔15:04, 4.Apr 2019

The preliminary report from Ethiopia’s Accident Investigation Bureau into the cause of the fatal crash of Ethiopian Airlines Flight ET 302 has been released, which reveals that the pilots followed “the Boeing recommended and FAA approved emergency procedures to handle

Read Full Article
Jet Airways grounds 15 more aircraft

Jet Airways grounds 15 more aircraft

🕔15:17, 3.Apr 2019

In a stock filing, Jet Airways has confirmed that it has grounded an additional 15 aircraft due to non-payment of leases. Jet again stated that it is continuing to negotiate with lessors and will work to minimise disruption to its

Read Full Article
Deepak Reddy joins McGuireWoods as partner in New York

Deepak Reddy joins McGuireWoods as partner in New York

🕔15:14, 3.Apr 2019

Reddy represents airlines, aircraft leasing companies, financial institutions and investment funds in M&A, financing, restructuring and leasing transactions involving commercial aircraft. He also advises Fortune 500 companies, financiers and high-net-worth individuals in a wide variety of private and corporate jet

Read Full Article
American Airlines and British Airways add service between London and Miami

American Airlines and British Airways add service between London and Miami

🕔15:11, 3.Apr 2019

American Airlines is launching a new daily flight between London Heathrow (LHR) and Miami International Airport (MIA) in October 2019. At the same time, British Airways is increasing its flight schedule from London to Philadelphia. “This will be American’s biggest

Read Full Article