Flybondi completes $75 million investment round

Flybondi completes $75 million investment round

Argentinian low-cost airline Flybondi has raised $75 million in capital, sourced from a number of aviation investors. Investors include Cartesian Capital Group, Yamasa Cod, Michael Cawley (former Ryanair COO) and Michael Powell (former CFO at Wizz Air Holdings). Cawley and

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Airbus delivers 100th A350XWB

Airbus delivers 100th A350XWB

Airbus has delivered its 100th A350 XWB, an A350-900 to China Airlines. This delivery comes 30 months after the aircraft’s initial delivery to Qatar Airways in December 2014. Fabrice Bregier, Airbus COO and president commercial aircraft said: “The 100th A350

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AeroCentury purchases three E175s, extends RCF

AeroCentury purchases three E175s, extends RCF

Californian lessor and financier AeroCentury has purchased three Embraer 175s and extended its existing credit facility to $170 million. The three aircraft are currently on lease to an unnamed US regional carrier. Michael G. Magnusson, CEO, said: “This recent acquisition,

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AvMax leases ERJ to ALS

AvMax leases ERJ to ALS

Calgary-based lessor AvMax have leased one ERJ-145LR  to Kenyan operator ALS Limited. The aircraft (msn 145679) was previously placed with CIT Leasing and started operations in January 2003 with American regional carrier Chaqtauqua Airlines.

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Beyond Fleet Services delivers first engine to Philippine Airlines

Beyond Fleet Services delivers first engine to Philippine Airlines

Aerfin and SR Technics’ joint engine solutions venture Beyond Fleet Services has officially launched with the delivery of its first CFM56-5C4 engine to Philippine Airlines. The delivery and MRO agreement was signed last September and will see AerFin provide the

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Ryanair first quarter profits jump 55%, remains cautious about Brexit

Ryanair first quarter profits jump 55%, remains cautious about Brexit

Ryanair’s first quarter profits have risen 55%, reaching €397 million ($463 million) but has reinforced its cautious stance surrounding the outcome of Brexit. The large profit increase is due partly to Easter Holiday not falling in April last year – CEO Michael

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IAG orders three A330-200s for LEVEL

IAG orders three A330-200s for LEVEL

Following the launch of IAG’s low cost carrier LEVEL last month, the group has ordered three more A330-200s to expand its operations. The airline currently operates long-haul flights from Barcelona to Los Angeles, San Fransisco, Buenos Aires and Punta Cana.

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DAE announces pricing of $2.3 billion senior notes

DAE announces pricing of $2.3 billion senior notes

DAE Funding, a subsidiary of Dubai Aerospace Enterprise (DAE), has announced that it has priced $500,000,000 aggregate principal amount of 4.00% senior notes, due 2020, $800,000,000 aggregate principal amount of 4.50% senior notes due 2022 and $1,000,000,000 aggregate principal amount

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Azul appoints new CEO and CFO

Azul appoints new CEO and CFO

Azul has appointed John Rodgerson as CEO and Alex Malfitani and CFO, effective immediately. Rodgerson joined Azul in 2008 as one of its founders and was instrumental in the implementation of the airline’s successful business plan. As CFO, he was

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DfT opens new UK Aviation consultation

DfT opens new UK Aviation consultation

The Department for Transport (DfT) has opened a consultation to evaluate and form a new government strategy for UK aviation policy going forward. Alongside the consultation, the government released a proposed strategy for UK aviation with six major objectives; to

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