BOC Aviation leased, purchased and sold a total of 54 aircraft in the first quarter of 2017, up 25.6% compared to a total 43 leased, purchased and sold aircraft in the year-ago quarter.
TAP Portugal plans to launch twice-daily weekday flights from Lisbon to London City Airport (LCY) starting Oct. 29, becoming the only airline to operate between the two destinations.
Russia’s United Engine Corp. (UEC), part of state-owned Rostec Corp., will invest RUB21.9 billion ($389.3 million) to upgrade its production facilities through 2025 to build PD-14 engines to power Irkut Corp.’s MC-21 aircraft.
Dublin-based lessor AerCap signed $7.2 billion in financing transactions during the first quarter of 2017, eclipsing—by $2.6 billion—the company’s financing transactions for the full year of 2016.
French aircraft equipment company Zodiac Aerospace has pushed back the publication of its interim results because of the extra workload created by an acquisition bid from high-technology group Safran.
United Airlines CEO Oscar Munoz encouraged the public, the carrier’s customers and investors to patiently wait for April 30 to hear a more detailed response from the airline about how last week’s passenger bumping incident will change United’s policies and procedures.
Malaysia Airlines has become the first customer to sign up for SITAONAIR, Aireon and FlightAware’s global flight tracking service, designed to prevent incidents similar to the disappearance of Malaysia Airlines MH370.
United Airlines CEO Oscar Munoz said United Express flight 3411, from which passenger David Dao was violently dragged after being involuntarily bumped on April 9, “will prove to be a watershed moment for our company.”
Alaska Air Group regional subsidiary Horizon Air and its pilots, represented by the International Brotherhood of Teamsters, reached a tentative agreement April 14 to amend their existing eight-year contract.
The US Export-Import bank (Ex-Im), a key financing tool for major commercial aircraft transactions, moved a step closer to becoming fully functional again after US President Donald Trump nominated two new Ex-Im board members.
Mexico City-based low-cost carrier (LCC) Interjet took delivery of the first of three Airbus A320neos, powered by CFM LEAP-1A engines, on April 17, according to Interjet CEO Jose Luis Garza.
Moscow Domodedovo International Airport has received approval to begin constructing a third passenger terminal, T3, which is scheduled to open in 2023.
Lufthansa subsidiary Austrian Airlines is considering a design limit extension for its aging Airbus A321 fleet, a company executive told ATW in Los Angeles.
China Eastern and China Southern airlines have won approval from the National Development and Reform Commission of China (NDRC) to invest in Beijing’s new airport, which is expected to open in 2019.
Azerbaijan-based Silk Way was identified April 14 as the customer behind an order for 10 Boeing 737 MAX 8s originally announced at the Farnborough Airshow in July 2016.
Germany-based AeroLogic, a joint venture of Lufthansa Cargo and DHL Express, has appointed Josef Moser as COO and accountable manager at AeroLogic from May 1.
