Irkut income drops
Irkut, the Russian aircraft manufacturer, has reported a net income for 2014 of RUB72.27 million (approx. $1.88 million), down from RUB1.17 billion in 2013. Boosted by military sales, revenue was up b...
Irkut, the Russian aircraft manufacturer, has reported a net income for 2014 of RUB72.27 million (approx. $1.88 million), down from RUB1.17 billion in 2013. Boosted by military sales, revenue was up b...
Vector Aerospace UK, a provider of aviation maintenance, repair and overhaul (MRO) services, has signed an agreement with Airbus Helicopters enabling its Fleetlands site in Gosport to operate as an Ai...
AWAS has agreed to the purchase of four new A320 aircraft from its customer, VivaAerobus, and will then place them on long-term leases with the successful Mexican low cost airline. Juan Carlos Zuazua,...
AerCap Holdings has executed 104 transactions during the first quarter 2015. The lessor signed lease agreements for 67 aircraft and delivered 32 aircraft under contracted lease agreements. During the ...
AWAS has delivered on lease one 757-200 factory purpose-built freighter aircraft to TNT Airways, the cargo airline subsidiary of TNT Express. This aircraft comes from AWAS’ existing portfolio. Lars Jo...
John Holland-Kaye, chief executive of Heathrow Airport is hoping that post-UK election political bargaining will help drive through a third runway at the London airport. The third runway issue has bee...
British Airways, Iberia and Iberia Express have become members of the European Low Fares Airline Association (ELFAA) with immediate effect. John Hanlon, Secretary General of ELFAA said: “ELFAA is plea...
Over the next decade, United Aircraft Corp. (UAC) is planning to double its revenue to RUB800 billion ($15 billion) and produce at least 300 aircraft per year, according to president Yury Slusar. This...
Aeromat has signed partnership contract with SAFRAN Snecma to manage the leasing of CFM56-3/-5A/-5B/-5C/-7B engine stands. The stands will be stored in Aeromat’s warehouses close to Paris and Aeromat ...
Safran has reported first-quarter 2015 adjusted revenue growth of 14.3% (2.4% organic) mostly driven by Aerospace services and Security activities. First-quarter 2015 adjusted revenue was up 14.3% to ...
On 30 March, TUI Group closed a JOLCO financing of one new 737-800 (msn 41662) aircraft to be operated by TUIfly in Germany. NBB acted as equity arranger, BBAM as lease arranger, while Credit Agricole...
Avolon has completed a new $675 million eight-year secured debt facility. The new facility will finance up to 21 aircraft at a margin of 1.65%. The facility, which was upsized from original RFP target...
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