Fly Leasing completes sale of a $295 million portfolio of 12 aircraft

“This portfolio sale accomplishes several strategic objectives; including generating free cash, reducing leverage, reducing our lessee concentration, and lowering the average age of our fleet,” said Colm Barrington, CEO of…

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Rolls-Royce Tay 611-8 engine achieves 10 million flying hours

The Rolls-Royce Tay 611-8 engine, which entered service in 1987, recently achieved another incredible milestone by reaching 10 million flying hours in nearly 5 million flights. The engine powers a…

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SriLankan Airlines’ new plan to be like Emirates

“SriLankan Airlines has formulated a new five-year Strategic Business Plan for the period 2019-24 with the objective of transforming itself into a financially viable organization airline group with high brand…

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Turkish Airlines adds Marrakech to flight schedule

Successfully completing its “Great Move” process and transferring all of its passenger operations to its new hub, Istanbul Airport, Turkish Airlines now adds Marrakech, tourist city of Morocco, to its…

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UK campaigns have officially reduced the number of disruptive passengers

The UK Travel Retail Forum (UKTRF) – one of the original aviation industry partners behind the UK’s One Too Many campaign – has praised new initiatives from the European Union Aviation Safety…

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BIOMETRIC BOARDING INITIATIVE AT NEW YORK-JFK

It effectively means that passengers will be able to board aircraft without needing to show their passports or boarding passes. Terminal 1 is home to 26 international carriers that include…

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Abu Dhabi Int’l welcomes first flight by Himalaya Airlines

Maarten De Groof, chief commercial officer of Abu Dhabi Airports, said: “We are delighted to add Himalaya Airlines to our growing list of carriers operating at Abu Dhabi International Airport….

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Five things that went wrong for India’s Jet Airways

Costly purchase Many aviation experts believe the start of Jet’s financial troubles can be traced back to the 2006 purchase of Air Sahara for $500 million in cash. Founder Naresh…

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Sydney Airport seeking beneficiaries for 2019 charity auction

In an event taking place at the inner-city shelter of Cana Communities – the 2018 major grant recipient – Sydney Airport CEO Geoff Culbert and Sydney Community Foundation CEO Jane…

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The Design Solution to provide planning and design services for Toronto Pearson terminals

The airport has embarked on one of the largest development projects in its history with commercial developments reaching across multiple areas of the airport. As well as this new commission,…

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