OMAN AIR TO SEEK COMPENSATION FOR 787 DELAYS
Peter Hill, CEO of Oman Air has indicated he wants compensation from Boeing for delays in delivering its 787 aircraft. The airline ordered six aircraft through Kuwait-based leasing firm Alafco and was...
Peter Hill, CEO of Oman Air has indicated he wants compensation from Boeing for delays in delivering its 787 aircraft. The airline ordered six aircraft through Kuwait-based leasing firm Alafco and was...
Following a number of recent senior appointments, the International Bureau of Aviation (IBA) has appointed Kane Ray to its growing consultancy team and appraisal personnel. Ray joined IBA earlier thi...
Gazprom subsidiary GazpromAvia has firmed up an order for 10 SuperJet 100/95LRs originally announced at Farnborough air show 2010. Deliveries are scheduled to begin in 2013. PowerJet will supply the 2...
Russian aircraft-leasing company Ilyushin Finance (IFC) has signed a letter of intent with Bombardier to purchase three CS100 and seven CS300. IFC, which is partially owned by Russian-government-contr...
Airbus has signed a Memorandum of Understanding (MOU) with leading Russian leasing company, VEB-Leasing, on cooperation in aviation leasing and finance. Under the agreement, Airbus and VEB-Leasing wil...
KLM chief operating officer Pieter Elbers stated the airline aims to increase Scottish flights to Amsterdam after adding 20% more this year. The target was six flights a day – like from Edinburgh – fo...
Flybe passenger numbers rose by 7.7% to 1.98m in the three months to June 30, 2011. Revenue also climbed during the period by 8.3% to £160.4m, while revenue per seat increased by 4.9% to £48.09. The a...
SAS reported that it had cut costs by about 23%, or 7.6 billion Swedish kronor, since 2008, and expects a further reduction of 500 million kronor in the second half of this year and 500 million kronor...
IATA Premium Traffic Monitor reports June premium traffic up 6.4% with economy traffic up 4.8% year-over-year. However, the aviation body warned that the level and growth rates have fallen back from l...
Airbus has stated it is confident it will be able to transfer deliveries of six A380s deferred by Qantas Airways to other customers. The European manufacturer has experience in transferring deliveries...
The CAAC has approved Spring Airlines’ request to launch a daily Shanghai-Beijing route in September. Despite the launch of a high-speed rail link between the two cities, Spring Airlines’ chairman Wan...
Deucalion Capital X Limited, an investment fund advised by DVB Bank SE (DVB), has acquired six Rolls-Royce Trent 772 powered A330-300 aircraft from Cathay Pacific Airways and leased them back on long-...
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