Australia Receives First Falcon 7X VIP Aircraft
The Commonwealth of Australia has taken delivery of the first of three very long range Falcon 7X trijets it has acquired for government VIP service. The other two aircraft, to be operated by the Royal…
Category: Finance News
Air Transport Services Group 1Q Earnings Snapshot
Associated Press • May 8, 2019 WILMINGTON, Ohio (AP) - Air Transport Services Group Inc. (ATSG) on Tuesday reported first-quarter profit of $22.7 million. The Wilmington, Ohio-based company said it had profit of 25 cents…
Bombardier Sells Five Learjet 75’s to Undisclosed Customer
May 7, 2019 - Montréal Bombardier Inc., Business Aircraft, Press Release Value of Learjet 75 transaction an estimated US$69 million based on 2019 list pricesLearjet 75 aircraft features the quietest and most private cabin in…
FAA Convenes Review Board for Boeing Software Fix
WASHINGTON (Reuters) - The Federal Aviation Administration said on Tuesday it had convened a multi-agency Technical Advisory Board to review Boeing’s proposed software fix on the grounded 737 MAX. The board consists of experts from…
Airbus & Thales Alenia Space to Build 2 SpainSAT NG Satellites
A four co-primes consortium formed by Airbus and Thales Alenia Space (both in Spain and France) has been selected by Hisdesat Servicios Estratégicos S.A. (Spanish Governmental Satellite Operator) to build two SpainSAT NG satellites. Used…
Airbus Delivers First A321LR to Canada’s Air Transat
Air Transat, a Canadian leisure and holiday travel airline, took delivery of its first Airbus A321LR aircraft. The A321LR is one of 15 the Montreal-based carrier is scheduled to receive. Air Transat leases the A321LR…
ACJ319neo Sets Record During Test Flight
The first ACJ319neo successfully completed a 16-hr. and 10-min. test flight on 26th April, setting a new record for the longest A320 Family flight by an Airbus crew. It flew from Toulouse to northern Greenland…
Fiji Airways to Become A350 XWB Operator
Fiji Airways has adopted the A350 XWB as part of its expansion plans to broaden its international network. Two A350-900s will be leased from Dubai-based DAE Capital, making Fiji Airways the newest operator and DAE…
Air Canada Reports Surprise Profit Despite MAX Grounding
May 6 (Reuters) - Air Canada on Monday reported a surprise quarterly profit that sent shares up 4 percent in morning trading, helped by flying more passengers and its purchase of a loyalty program, despite…
Italy’s Government Extends Alitalia Bid Deadline to June 15
MILAN (Reuters) - Italy's deputy prime minister Luigi Di Maio extended a deadline to submit bids for the ailing carrier Alitalia to June 15, a government statement said on Friday. The decision followed a request…