Chroniclers of the air transportation industry last year were cautiously optimistic that an economic recovery in the airline business had arrived finally as large orders for new commercial aircraft from airlines and lessors rolled in. Orders for new equipment continued this year at a brisk pace but there is a debate within the industry about too many planes chasing too little traffic....More
Abu Dhabi’s Falcon Aviation Services has confirmed an order for three Bombardier Q400 NextGen turboprops.
Bombardier said the aircraft form part of a letter of intent for five Q400 NextGens signed by Falcon at last July’s Farnborough Airshow....More
Netherlands-based AerCap Holdings and US lessor International Lease Finance Corp. (ILFC) have just completed their IT systems integration, marking one of the final hurdles for the $3 billion acquisition....More
The European airline market remains too fragmented, with 35 carriers handling 80% of traffic compared with just four in the US, AerCap Holdings head of Europe, Middle East and Africa Kenneth Wigmore said....More
Boeing is escalating the war of words between it and Delta Air Lines over the role of the Export-Import Bank of the US (Ex-Im) with a letter to the chairman of the House Financial Services Committee that refutes, point-by-point, a letter the Atlanta-based carrier sent last week....More
Republic Airways Holdings is “in a stabilized approach” toward reaching a new labor agreement with its pilots, though “difficult stuff” still needs to negotiated, chairman, president and CEO Bryan Bedford said....More