New look, New York: British Airways unveils plans for JFK terminal 7
British Airways today unveiled details of its multi-million pound re-design for New York JFK Terminal 7, the airline"™s flagship US airport. New CGI images give customers a first glimpse of what the terminal will look like following a more than £52 million ($65 million) investment, which will transform the airport experience for the thousands of […]
TrueNoord closes financing facility for four Embraer E190 aircraft leased by AeroMexico and TUI (Jetairfly) Belgium
TrueNoord, the regional aircraft lessor, has closed the first tranche of a term financing facility with DVB bank and PK AirFinance of Luxembourg for four of the six Embraer E190 aircraft that it purchased from BOC Aviation in January with leases attached. These four aircraft are operated by AeroMexico and TUI (Jetairfly) Belgium. This new […]
FAA Forecasts Continued Growth in Air Travel
The FAA today released its annual Aerospace Forecast Report Fiscal Years 2017 to 2037, which projects sustained and continued growth in nearly every aspect of air transportation from general aviation private flying to large commercial airline passenger levels. In commercial air travel, Revenue Passenger Miles (RPMs) are considered the benchmark for measuring aviation growth. An […]
Air Canada Reports 2016 Annual Results
Air Canada today reported record full year 2016 EBITDAR(1) (earnings before interest, taxes, depreciation, amortization and aircraft rent), excluding special items, of $2.768 billion, compared to the previous record of $2.542 billion recorded in 2015, an increase of $226 million or 8.9 per cent and surpassing the 6 to 8 per cent increase projected in […]
Embraer apresenta seu novo CEO para jatos executivos
A Embraer divulgou ontem a nomeação de seu novo presidente e CEO da unidade de jatos executivos. Michael Amalfitano irá substituir Marco Tulio Pellegrini, que assumirá outra posição de liderança ainda não divulgada. A mudança se torna efetiva a partir de 1° de março. "Estamos contentes que Michael tenha decidido se unir à Embraer para […]
Spectacular show for Lufthansa"™s new A350-900
The new A350-900 was presented to the public yesterday in Munich with a spectacular light show and an official unveiling ceremony in the Lufthansa Technik Hangar. A media show with light projections served as a 10-minute «fireworks display». In the presence of 2,000 employees and guests, the world’s most advanced long-haul aircraft was then christened […]
American Airlines is 2017 ATW Airline of the Year
American Airlines has been named the recipient of the 2017 ATW Airline of the Year, taking the top honor of the 43nd annual ATW Airline Industry Achievement Awards. American Airlines was selected by ATW"™s editorial board in recognition of the phenomenal achievements by American"™s leadership and employees this past year. The integration of American and […]
TrueNoord commits to purchase six Embraer E190 aircraft with leases attached
The portfolio is made up of globally operated aircraft with leases attached and this significant investment marks the start of a highly targeted on-going development and growth strategy for the TrueNoord fleet under lease, following investment from private equity firm Bregal Freshstream. Commenting on the substance and scale of the purchase TrueNoord CEO, Anne-Bart Tieleman, […]
Austrian Airlines Concludes Wet Lease Agreement with Air Berlin
Austrian Airlines and Air Berlin have concluded a wet lease agreement stipulating the lease of five aircraft operated by the Air Berlin Group. The airplanes will be successively integrated into the Austrian Airlines fleet in the months of March and April 2017. "With the five aircraft from Air Berlin, we will take advantage of market […]
Peach Aviation orders 10 A320neo and three A320ceo
Japan"™s Peach Aviation has signed a firm order with Airbus for the purchase of 10 A320neo and three A320ceo aircraft. The order was announced at a signing ceremony in Tokyo attended by Shinichi Inoue, Managing Director and CEO, Peach Aviation and Fabrice Brégier, Airbus President and CEO. The aircraft will join Peach"™s existing A320 Family […]
