Airbus increases aircraft list prices

Airbus announced a general price increase for its aircraft. On top of the 2.74% normal escalation for the year 2007, the price increase comprises an additional two million US Dollars per single-aisle aircraft and four million US Dollars per wide-body long range and A380 Family aircraft. The new pricing will apply as of 1st May *. The price increase is mainly triggered by the weak US currency and the overall increase of world market

Email Post to a Friend Email Post to a Friend

Jet Aviation and Elite Jets form strategic partnership

Jet Aviation and Dubai-based Elite Jets, a premium private jet operator established in 2004, recently signed a partnership agreement under which the two companies will work together to provide aircraft management and charter services in the Middle East. Jet Aviation and Elite Jets have maintained a close working relationship in the past. The new strategic partnership agreement will support their common goals of deepening the cooperation and increasing market share in the Middle East for aircraft management and charter services. As part of the agreement, Jet Aviation will designate a member to the board of directors of Elite Jets and Read more

Email Post to a Friend Email Post to a Friend

Air France KLM to pull out of Alitalia bid

Air France KLM released that following the request by Alitalia to clarify the legal situation following the interruption of the negotiation between AIR FRANCE KLM and Alitalia, AIR FRANCE KLM has indicated to Alitalia that the contractual arrangements announced on 14th March with a view to launching a public exchange offer on Alitalia were no longer valid; the conditions precedent that had to be satisfied prior to launching were not fulfilled.

Email Post to a Friend Email Post to a Friend

Bangladeshi carrier Biman orders four 777-300ERs and four 787-8s

Biman Bangladesh Airlines and Boeing announced the airline’s order for four 777-300ER and four 787-8 Dreamliner airplanes at a signing ceremony in Dhaka, the capital of Bangladesh. Biman Bangladesh Airlines, which began as a government-owned national carrier in 1972, became Bangladesh’s largest public limited company in 2007. The order for new Boeing airplanes represents a major step forward in the airline’s reorganization and growth plans. The airline also has purchase rights for four 777s and four 787s. Biman currently connects Bangladesh with 18 countries around the world, and has agreements in place that will allow it to serve a total Read more

Email Post to a Friend Email Post to a Friend

Expedia and Air Berlin Group sign new multi-year agreement

Expedia has signed a new multi-year agreement with Air Berlin Group, Germany’s second largest airline and the third largest carrier in the European leisure market. Under the agreement, all of Air Berlin’s fares, schedules and inventory will be available worldwide on Expedia- and hotels.com-branded points of sale, as well as through Expedia Corporate Travel. The agreement provides Air Berlin access to Expedia’s online travel distribution expertise, marketing support, and targeted merchandising opportunities throughout Europe, Asia and North America. In turn, Expedia customers can book flights on Air Berlin and its subsidiaries LTU, FlyNiki and Belair, which will be available to Read more

Email Post to a Friend Email Post to a Friend

Aviation Capital Group orders 17 Boeing 737's

U.S.-based commercial jet airplane leasing company Aviation Capital Group (ACG) announced an order for 17 Next-Generation 737 airplanes. The airplanes will be equipped with performance-enhancing Blended Winglets, which improve fuel efficiency and reduce CO2 emissions. With this latest order ACG has ordered a total of 81 Boeing airplanes — 76 Next-Generation 737s and five 787 Dreamliners. This includes 15 Next-Generation 737s in which ACG acquired delivery positions from Delta Air Lines in 2006. ACG’s current fleet contains 129 Boeing aircraft. This order, valued at more than $1 billion at current list prices, was previously accounted for on Boeing’s Orders and Read more

Email Post to a Friend Email Post to a Friend

Aviation Capital Group reports first quarter 2008 activity

Aviation Capital Group said that it completed 13 aircraft lease and sale transactions during the first quarter of 2008. The transactions are: B737-800, purchase, Skymark Airlines B737-700, extension, Virgin Blue B737-800, purchase, Sun Express B737-300, new Lease, Oceanair B737-300, new Lease, Oceanair B737-300, new Lease, Oceanair B737-800, purchase, Sun Express A319-100, new Lease, Brussels Airlines B727-200, sale, Astar B727-200, sale, Astar B727-200, sale, Astar B727-200, sale, Astar B737-300, new lease, Air Baltic In addition, ACG

Email Post to a Friend Email Post to a Friend

US Helicopter and Delta Air Lines sign codeshare agreement

US Helicopter Corporation and Delta Air Lines announced a codeshare agreement to expedite the process for customers connecting between two New York City heliports and Delta’s flights at its New York hub at JFK International Airport. Effective immediately, Delta has placed its code (DL) on US Helicopter 8 Minute flights that operate between the Downtown Manhattan or the Atlantic Metroport at East 34th Street Heliport’s to or from Delta’s global connecting flights at New York’s JFK International Airport.

Email Post to a Friend Email Post to a Friend