Aircraft Fleet Recycling Association (AFRA)

American Airlines | June 10, 2020

American Airlines has transported an average of 127,000 passengers daily in June so far, up from a low of 32,000 passengers daily in April, as travellers once again take to the sky while the global coronavirus crisis enters its fourth month. President and chief executive Doug Parker told the Fort Worth-based airline’s shareholders on 10 June that the carrier is encouraged by the recent rise in demand, even though it builds on a very low base....

Business Aviation

CDB Aviation, | February 19, 2022

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the delivery of the first of up to five Airbus A320neo aircraft to a new airline customer, flynas, the Saudi Arabia-based air carrier. “This latest addition of NEO aircraft to flynas’ growing fleet advances its ambitious plans to expand the fleet and increase the scope of its offerings in line with the Vision 203...

Aviation Technology

Saudi Airlines | April 01, 2022

Saudi Airlines has chosen Informatica, an enterprise cloud data management company, to help modernize its data strategy and transform the customer experience to achieve the region's ambitious growth goals. With Informatica's Intelligent Data Management Cloud (IDMC), Saudi Airlines can reinvent data management and development. The Saudi Vision 2030, which intends to diversify the economy and improve public service industries, includes tourism as a key component. The campaig...

Commercial Aviation

Nova Capital | December 02, 2021

LCI, a leading aviation leasing company, announces an agreement to acquire Nova Capital Aviation (Ireland) Limited, a division of the Nova Capital Group. Nova Capital Aviation (Ireland) Limited represents the twin-engine rotary and fixed-wing aircraft lease division of the Nova Capital Group, with single-engine operations remaining within the Group. The acquisition will result in a substantial expansion of LCI's leasing platform to over 140 twin-engine rotary an...