22 April, 2023
Massive Antonov An-124 cargo plane impounded by Canada to be given to Ukraine.
Mexico sells Presidential 787 Jet to Tajikistan for $98 million.
WestJet Cargo and the GTA Group celebration tour continues with second inauguration of dedicated freighter in Halifax
21 April, 2023
American Airlines employee dies on tarmac of Austin int'l airport
Authorities in Austin Texas confirmed an American Airlines employee had died on the tarmac of Austin-Bergstrom International Airport after the vehicle he was on struck an airbridge. Austin-Travis County EMS said the person died of "traumatic injuries" but had no further details.
SpaceX's next-generation Starship exploded minutes after lift-off.....
Air Canada buys 9.5 million litres of sustainable aviation fuel
Sustainable Aviation Fuel - SAF is a core pillar of airline's Climate Action Plan
9.5 million litres of SAF will generate GHG reductions equaling approximately 23,500 tonnes of CO2e calculated with a full life cycle assessment
Equivalent of GHG emissions absorbed by 28,000 acres of forest in one year
Canadian police investigating $20 million gold heist at Toronto Pearson Airport
BOC Aviation latest results.....
Robert Martin, Managing Director and Chief Executive Officer, said, “The first quarter of 2023 was a successful period for us. At the end of the quarter, we had placed all new aircraft scheduled for delivery in 2023 and had lease commitments signed for all but one aircraft with leases expiring this year, which reflects the strong demand amongst the world’s airlines for modern technology aircraft. Our collection rate was 103% for the quarter, demonstrating the improving financial health of our airline customers and the speed with which they are recovering from the pandemic.”
Transactions Summary
A total fleet of 635 aircraft owned, managed and on order1
An average aircraft age of 4.6 years and an average remaining lease term of 8.0 years for the 393 owned aircraft fleet, both weighted by net book value
Order book of 207 aircraft1
Executed a total of 23 transactions in the first quarter of 2023, including:
Commitments to purchase three aircraft
Delivery of two new aircraft
Sale of one owned aircraft
13 lease commitments
The customer base of 86 airlines in 39 countries and regions in the owned and managed portfolios
Managed fleet comprising 35 aircraft, with all aircraft on lease2
Owned aircraft utilization improved to 99% as of 31 March 2023, with two single-aisle and two twin-aisle aircraft off lease2. As of the date of publication, all but one aircraft are committed for lease
Notes:
Includes all commitments to purchase aircraft including those where an airline customer has the right to acquire the relevant aircraft on delivery.
Excludes 17 owned and one managed aircraft that remain in the possession of certain Russian airlines despite the termination of the leases with those airlines.
Shareholders and potential investors are reminded that the above data are based on the Company’s records and have not been audited or reviewed by the Company’s auditors.
Qatar Airways flights to Casablanca and Marrakesh will resume on 30 June 2023...
One new Airbus A320neo aircraft delivered to Spirit Airlines.
WestJet Cargo and the GTA Group celebrate inauguration of dedicated freighter in Toronto
WestJet Cargo and the GTA Group yesterday celebrated the inauguration of the first of three 737-800 Boeing Converted Freighters in Toronto alongside integral business partners and key stakeholders. The event was commemorated by a ribbon cutting at WestJet's Toronto hangar, signifying the launch of WestJet Cargo and the GTA Group's dedicated freighter service that will fulfil the large-scale needs of businesses, freight forwarders, shippers and individual customers across North America. WestJet Cargo and the GTA Group's Toronto celebration is the first of three inaugural events, taking place across Canada, with events in Halifax and Vancouver, to follow, respectively.
Dislodged filter caused Virgin Orbit's failed UK launch
Virgin Orbit Completes Key Failure Investigation Test, Confirms Cornwall Failure Root Cause
JetBlue announces Puerto Rico expansion
Bombardier gets regulatory approval to add its Smart Link Plus system to existing aircraft
Bombardier has achieved Transport Canada (TC), European Union Aviation Safety Agency (EASA) and Federal Aviation Administration (FAA) approval for Challenger and Global Smart Link Plus system installations
Bombardier has achieved Transport Canada (TC), European Union Aviation Safety Agency (EASA) and Federal Aviation Administration (FAA) approval for Challenger and Global Smart Link Plus system installations
Qatar Airways welcomes passengers to the new Al Mourjan Business Lounge – The Garden
Qatar Airways welcomes passengers to the new Al Mourjan Business Lounge – The Garden
This new lounge experience is designed to immerse passengers in a tranquil environment filled with natural light, exotic plants and elegant furnishings