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BUSINESS AVIATION

KLM BAILOUT BACK ON TRACK FOLLOWING AGREEMENT WITH PILOTS

KLM | November 04, 2020

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KLM announced that, following a signature from the Dutch Airline Pilots Association, it had reached an agreement with all the trade unions over employment conditions until 2025. This should fulfill the government’s requirements for its frozen bailout package. With the Dutch authority’s new advice against all international travel lasting until January, the funds are needed now more than ever....

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BUSINESS AVIATION

SERAPH AVIATION GROUP APPOINTS NEW HEAD OF COMMERCIAL ORIGINATION - AVIATION SERVICES

Seraph Aviation Group | October 28, 2020

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Seraph Aviation Group, the specialised aviation asset manager headquartered in Dublin, Ireland, has announced the appointment of Gerry Power to the position of Head of Commercial Origination - Aviation Services. With over 30 years of aviation industry experience, Gerry has represented numerous airlines, investors, leasing companies and banks and has concluded over 150 aircraft transactions worldwide. His extensive experience and passion make Gerry an ideal person to join Seraph Aviation Group....

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JETBLUE AIRWAYS TO FACE 80% LOSS IN THIRD QUARTER, POST PANDEMIC TURBULENT RECOVERY IN TRAVEL DEMAND

JetBlue | July 28, 2020

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JetBlue Airways on Tuesday said it swung to a loss in the second quarter and forecast that revenue will fall by about 80% in the third quarter as the coronavirus pandemic promises a choppy recovery in travel demand. The New York-based airline carried just 616,000 passengers in the three months ended June 30, down more than 94% from the 11 million who flew JetBlue in the same period last year. Revenue plunged about 90% to $215 million from more than $2.1 billion in the second quarter of 2019....

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BUSINESS AVIATION

URBAN AERONAUTICS AND UNIVERSAL AVIONICS PARTNER TO ENHANCE SAFETY OF CITYHAWK

Urban Aeronautics | November 10, 2021

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Urban Aeronautics, the Israel-based aerospace company behind CityHawk, the advanced, compact eVTOL (electric vertical takeoff and landing vehicle) with a distinct, wingless exterior and patented fully-enclosed Fancraft™ rotor system, today announced a new partnership with Universal Avionics, an Elbit Systems company and a leading manufacturer of innovative commercial avionics systems. The innovative partnership will feature Universal Avionics' ClearVision™ Enhanced Flight Vision ...

Read More
news image

BUSINESS AVIATION

KLM BAILOUT BACK ON TRACK FOLLOWING AGREEMENT WITH PILOTS

KLM | November 04, 2020

KLM announced that, following a signature from the Dutch Airline Pilots Association, it had reached an agreement with all the trade unions over employment conditions until 2025. This should fulfill the government’s requirements for its frozen bailout package. With the Dutch authority’s new advice against all international travel lasting until January, the funds are needed now more than ever....

Read More
news image

BUSINESS AVIATION

SERAPH AVIATION GROUP APPOINTS NEW HEAD OF COMMERCIAL ORIGINATION - AVIATION SERVICES

Seraph Aviation Group | October 28, 2020

Seraph Aviation Group, the specialised aviation asset manager headquartered in Dublin, Ireland, has announced the appointment of Gerry Power to the position of Head of Commercial Origination - Aviation Services. With over 30 years of aviation industry experience, Gerry has represented numerous airlines, investors, leasing companies and banks and has concluded over 150 aircraft transactions worldwide. His extensive experience and passion make Gerry an ideal person to join Seraph Aviation Group....

Read More
news image

JETBLUE AIRWAYS TO FACE 80% LOSS IN THIRD QUARTER, POST PANDEMIC TURBULENT RECOVERY IN TRAVEL DEMAND

JetBlue | July 28, 2020

JetBlue Airways on Tuesday said it swung to a loss in the second quarter and forecast that revenue will fall by about 80% in the third quarter as the coronavirus pandemic promises a choppy recovery in travel demand. The New York-based airline carried just 616,000 passengers in the three months ended June 30, down more than 94% from the 11 million who flew JetBlue in the same period last year. Revenue plunged about 90% to $215 million from more than $2.1 billion in the second quarter of 2019....

Read More
news image

BUSINESS AVIATION

URBAN AERONAUTICS AND UNIVERSAL AVIONICS PARTNER TO ENHANCE SAFETY OF CITYHAWK

Urban Aeronautics | November 10, 2021

Urban Aeronautics, the Israel-based aerospace company behind CityHawk, the advanced, compact eVTOL (electric vertical takeoff and landing vehicle) with a distinct, wingless exterior and patented fully-enclosed Fancraft™ rotor system, today announced a new partnership with Universal Avionics, an Elbit Systems company and a leading manufacturer of innovative commercial avionics systems. The innovative partnership will feature Universal Avionics' ClearVision™ Enhanced Flight Vision ...

Read More