Vietnam’s Jetstar Pacific Airlines has finalised a purchase agreement with Airbus for ten A320ceo aircraft. The contract follows an MOU announced earlier this year and was signed in Hanoi by Le Hong Ha, chief executive officer of Jetstar Pacific and Fabrice Brégier, Airbus president. The signing took place during the state visit to Vietnam of […]
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced it signed a purchase-and-leaseback transaction with Korean Air Lines Co., Ltd. for five new Boeing 777F freighters powered by GE90 engines as part of the carrier’s fleet renewal program. Deliveries of the aircraft are scheduled in late 2016 and 2017. […]
A new state run enterprise has been set up in China in order to begin the development of advanced jet engines. The new company, called Aero Engine Corp. of China (AECC), is part of a push to improve the country’s aerospace manufacturing capabilities. AECC was established on Sunday in Beijing, and will produce both aircraft […]
First Nation Airways has become the second Nigerian carrier in two days to announce its suspension of operations. Nigeria’s oldest carrier, Aero Contractors, suspended all operations on Thursday, September 1 citing a worsening economy crisis coupled with a lack of available aviation fuel. However, in a statement, the Director-General of the Nigerian Civil Aviation Authority […]
Ryanair chief executive Michael O’Leary has called on the UK government to be “radical” and approve the construction of new runways at London’s Gatwick, Heathrow and Stansted airports to resolve the ever-crippling issue of aviation capacity. The announcement comes as the country awaits government’s decision on where to expand capacity, with Heathrow, Gatwick and the […]
Virgin Atlantic Cargo has appointed Claire Phillips as Regional Sales Manager – Continental Europe. Claire, who takes up her new post from 5 September 2016, has worked for the airline for five years, initially as Route Development Manager and Capacity Controller and, prior to this promotion, Claire played in integral role in the training and […]
Qatar Airways said it’s poised to make a major jetliner purchase, adding to a backlog of more than 340 outstanding orders for Boeing Co. and Airbus Group SE planes. The Gulf carrier will place a “large” aircraft order “soon,” Chief Executive Officer Akbar Al Baker said Wednesday at a briefing in Doha, without elaborating on […]
BOC Aviation Ltd has announced that it has ordered five new Airbus A321-200 aircraft, all of which have been leased to an Asian airline. While the group did not disclose the actual purchase price of the Airbus aircraft – stating that it is “commercially sensitive information because it reflects significant price adjustments” granted by Airbus […]
LATAM Airlines Group, Latin America’s leading airline group, took delivery of its first A320neo – showcasing its white, indigo and coral livery and powered by Pratt & Whitney Pure Power PW1100-JM engines – on Monday, August 29, at Airbus headquarters in Toulouse. LATAM Airlines Brasil will become the first airline in North and South America, […]
American Airlines president Scott Kirby is moving to rival United Continental to take up the same job. Mr Kirby had been seen as a future chief executive of American Airlines, but instead will move straight into his new job at United. American Airlines is giving him more than $13m (£10m) in severance pay. United’s financial […]
