Global leader in B737 passenger-to-freighter conversions, Pemco World Air Services (PEMCO) has redelivered its first converted aircraft (MSN 24690) to Vallair. The European-based aviation asset management company holds options for additional PEMCO-converted aircraft. “PEMCO and Vallair both give older aircraft
Air Transport Services Group announced that U.S. District Court Judge Timothy S. Black issued an order granting ABX Air’s motion to convert a temporary restraining order into a preliminary injunction prohibiting work stoppages and other service interruptions of ATSG’s cargo
Aeronautical Engineers, Inc. (AEI) will be converting a third MD-80 series passenger-to-freighter conversion for Fairbanks, Alaska based Everts Air Cargo. The MD-83 aircraft (MSN 53079) will commence modification on December 19th and will be re-delivered to Everts Air Cargo in
The rating and sector outlooks for North American airlines are stable for 2017, revised down from Positive last year, says Fitch Ratings. Although low fuel prices and years of consolidation continue to boost the industry’s financial results, Fitch expects persistent
Special Purpose Companies led and managed by New York-based Perilune Group and Ziki Slav of SHZ Aviation have this week sold nine 2013-14 vintage A319s (s/n’s 5327, 6085, 6154, 6263, 6277, 6310, 6349, 6384 and 6393) on lease to American
LATAM Airlines reports November system passenger traffic increased by 0.5 while capacity decreased by 1.5%. As a result, its load factor for the month increased 1.7 points to 84.3%. International passenger traffic accounted for approximately 55% of the month’s total
Precision Aircraft Solutions has completed its sixth Precision conversion of the year for European Air Transport Leipzig Airline (EAT), the largest of three airlines with dedicated service to the European, Middle Eastern and North African networks of DHL Express. “We
Since the second quarter of 2016, Apollo Aviation Group has contracted to purchase 27 commercial aircraft and five aircraft engines for a total gross purchase price of $750 million. All flight equipment is being purchased with leases attached to airlines
Allegiant Travel has issued an additional $150 million of its 5.5% notes due 2019. The notes were issued at a price of 101.5% of the principal amount, plus accrued interest from July 15, 2016. The total aggregate principal amount outstanding
Speaking to Bloomberg, CFO Andrew Levy has stated that United Continental is considering altering a $12.4bn order for A350-1000s to smaller long-haul models, and is studying an order for the 737 Max 10X, the longer version still on the drawing
