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SMBC Aviation Capital raises equity capital from 17 Japanese investors

SMBC Aviation Capital raises equity capital from 17 Japanese investors

🕔09:44, 18.Jul 2019

SMBC Aviation Capital has launched its Global Aviation Equipment Leasing Fund (GAEL). GAEL is the first aviation equity fund for Japanese institutional investors that SMBC Aviation Capital has launched. GAEL will acquire a portfolio of aircraft, on lease to a

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CDB Aviation appoints ex Aer Lingus exec as non-executive director

CDB Aviation appoints ex Aer Lingus exec as non-executive director

🕔09:38, 18.Jul 2019

CDB Aviation has appointed Stephen Kavanagh as non-executive director. Kavanagh, who currently serves as a non-executive director of Aer Lingus, is aiming to set the strategic direction for the company as it continues to face the international expansion of the

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EasyJet poaches top Ryanair exec; revenue increases in Q2 2019 results

EasyJet poaches top Ryanair exec; revenue increases in Q2 2019 results

🕔09:11, 18.Jul 2019

EasyJet has poached a top executive from its main rival, Ryanair. Peter Bellew announced a week ago that he was leaving the Irish airline, where he is chief operations officer. Bellew, who is credited with turning the fortunes of Ryanair

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Qingdao Airlines introduces new services

Qingdao Airlines introduces new services

🕔14:40, 17.Jul 2019

China’s Qingdao Airlines is introducing a new international service from Nanjing to Sihanoukville, Cambodia flight. The new route will run four times-a-week and will utilise Airbus A320 aircraft. The airline has also introduced a new thrice-weekly service from China’s Zhanjiang

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IndiGo announces six new flights

IndiGo announces six new flights

🕔14:24, 17.Jul 2019

India’s IndiGo has continued to enhance its international connectivity by announcing six new flights. IndiGo will launch daily nonstop flights connecting Delhi with Jeddah, and Mumbai with Kuwait from July 25. The airline will also launch its third non-stop daily

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British Airways moves Beijing flights to new state-of-the-art Daxing airport

British Airways moves Beijing flights to new state-of-the-art Daxing airport

🕔13:57, 17.Jul 2019

British Airways has revealed that all direct flights to and from Heathrow and Beijing will move to new state-of-the-art Daxing airport from 27 October.  With the move, British Airways has become first international airline to confirm it will move all

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Pakistan reopens airspace to civil aviation

Pakistan reopens airspace to civil aviation

🕔11:02, 17.Jul 2019

Pakistan has reopened its airspace to international civil aviation following restrictions imposed because of clashes with India. The imposed restrictions, which came into force in February, forced long detours that cost airlines millions of dollars. A Notice to Airmen (NOTAM)

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Canada’s Sunwing set to offer new direct routes

Canada’s Sunwing set to offer new direct routes

🕔10:44, 17.Jul 2019

Canada’s Sunwing is offering a direct flight service twice a week on Mondays and Fridays from Montreal to Havana, Cuba. The service will run from December 13 until March 13, 2020. The airline has also introduced a direct service from

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United Airlines reports greater-than-expected second-quarter net income

United Airlines reports greater-than-expected second-quarter net income

🕔10:30, 17.Jul 2019

United Airlines has reported a greater-than-expected second-quarter net income of $1.1 billion, which the airline has said is driven by strong air travel demand despite the grounding of its Boeing 737 Max fleet. Its total passenger revenue increased by 6.1% against

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FL Technics introduces VR training for mechanics

FL Technics introduces VR training for mechanics

🕔10:21, 17.Jul 2019

FL Technics has begun implementing VR modules for the basic training of aviation mechanics.  The company has presented its first VR module, which covers the opening of the reverse thrust engine of a Boeing 737NG, and is set to expand

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