Avolon Liveried A321neo
Engineering and leasing news

Avolon reports 79% income increase for full year results

Dublin-headquartered leasing specialist Avolon reported a 79% increase in income for the last financial year, with a total income of $608 million. The company, which specialises in fuel-efficient modern airliner leasing, also recorded a record operating cash flow of $2 billion, up 15% from the previous year. Avolon has seen [read more]

An image widely shared on social media shows the Delta Airlines jet upside down after crashing during landing at Toronto Pearson International
Aviation safety news

Delta Airlines jet crashes on landing at Toronto

A Delta Airlines jet has crashed while landing at Toronto’s Pearson International Airport. There were 80 people onboard the aircraft, 74 passengers and 4 crew, and a statement from Toronto Airport said all passengers and crew had been accounted for. Three people have been critically injured. Images show the jet, [read more]

A British Airways Airbus at London Gatwick Airport
Engineering and leasing news

British Airways acquires Boeing MRO site at Gatwick

British Airways (BA/BAW) has announced it has acquired the Boeing Maintenance, Repair and Overhaul (MRO) site at London Gatwick Airport (LGW/EGKK). The site will be formally known as British Airways Engineering Gatwick (BAEG) and operated as a new, wholly owned subsidiary of British Airways. The acquisition also secures the jobs [read more]

Pratt and Whitney GTF powered Airbus A321XLR
Engineering and leasing news

P&W powered A321XLR gets EASA certification

The Airbus A321XLR powered by Pratt & Whitney (P&W) GTF engines has now received certification by the European Aviation Safety Agency (EASA) paving the way for the first customer delivery and entry into service later this year. Until now, only the CFM LEAP-1A-powered variant was certified limiting customer options but [read more]

London Gatwick Airport (Image: UK Aviation Media)
Airport News

Government set to approve Gatwick expansion

London Gatwick Airport (LGW/EGKK) could soon see up to 50,000 extra flights per year if the UK Government approves plans to upgrade its stand-by runway for dual-use operations. Transport Secretary Heidi Alexander is expected to formally announce the move tomorrow. Yesterday, she addressed an industry event and said she valued [read more]

Embraer E190-E2 "Profit Hunter" (Image: Nick Harding / UK Aviation Media)
Engineering and leasing news

Embraer gets firm order for 15 E190-E2s

Brazillian OEM Embraer has won a form order for 15 of its E190-E2 airliners from Japan’s ANA Group as part of the Japanese carrier’s fleet renewal plan. The deal also includes options for a further five of the type. ANA will use the E190s on its extensive domestic network across [read more]

Gatwick Airport (Image: LGW)
Airport News

Government approves second runway at London Gatwick

Transport Secretary Heidi Alexander has announced that she is “minded to approve” the plans for expansion at Lonon Gatwick (LGW/EGKK) which includes making use of the standby runway for dual runway operations. But added she will not formally give the decision until October to allow the airport to address environmental [read more]