Washington, D.C. – The board of the Export-Import Bank of the United States (Ex-Im Bank) authorized a comprehensive guarantee of an approximately $500 million loan to Polskie Linie Lotnicze LOT S.A. (LOT Airlines) for the export of a fleet of Boeing 787 Dreamliner aircraft to Poland.
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AJW Capital Partners Limited, part of the AJW Group of companies, has entered into a purchase agreement with Airbus SAS for two new A340-500 aircraft. The aircraft will enter commercial service with an existing AJW Group customer.
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AgustaWestland, a Finmeccanica company, announced that two AW139 intermediated twin helicopters in VIP transport configuration have been delivered to a customer in China’s Quinghai Province.
READ MOREEtihad Airways’ president and chief cxecutive officer, James Hogan stressed the need for the development of partnerships among the airlines for the growth of business. He delivered the keynote speech at a US-UAE Business Council luncheon in Washington, D.C. November 14, 2012.
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Manama, Bahrain, Bahrain’s National Carrier, Gulf Air announced that after extensive negotiations with Airbus and Boeing, it has signed amendment agreements with both aircraft manufacturers to realign its original orders to meet its long-term strategic needs.
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Sharjah, Air Arabia Group, announced today its financial results for the third quarter of 2012. For the three months ending September 30, 2012, Air Arabia reported a net profit of AED 226 million (US$ 61.5 million*), an increase of 126 per cent as compared to AED 100 million in the corresponding period in 2011.
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BOC Aviation’s fleet size hit 200 aircraft for the first time following the delivery of a new Boeing 737-800 aircraft from the manufacturer’s facility in Seattle yesterday. The aircraft has been leased to Jet Airways. The portfolio of 200 aircraft, comprising 176 owned and 24 managed aircraft, are on lease to 55 airlines in 33 countries.
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