Air Lease announced long-term lease agreements with KLM for two additional new Boeing 777-300ER aircraft, scheduled for delivery in the second half of 2016 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016, all from ALC’s order book. “KLM is one of our key and strategic European airline customers. This placement of four new Boeing 777-300ERs continues our long and excellent … [Read more...] about Air Lease to place two B777-300ERs with KLM
Airports
Fitch affirms Alaska Int’l Airport System’s A+ rating
Fitch Ratings has affirmed the 'A+' rating on the State of Alaska's Alaska International Airport System (AIAS, or the system) approximately US$551 million of revenue bonds. The rating outlook for all bonds is stable. The rating reflects AIAS's strong market position for cargo activities, a monopoly for air service within the state albeit supported by a modestly sized traffic base, conservative debt structure, and management’s continued prepayment of debt. Cargo volume continues to … [Read more...] about Fitch affirms Alaska Int’l Airport System’s A+ rating
Fitch affirms Alaska Int'l Airport System's A+ rating
Fitch Ratings has affirmed the 'A+' rating on the State of Alaska's Alaska International Airport System (AIAS, or the system) approximately US$551 million of revenue bonds. The rating outlook for all bonds is stable. The rating reflects AIAS's strong market position for cargo activities, a monopoly for air service within the state albeit supported by a modestly sized traffic base, conservative debt structure, and management’s continued prepayment of debt. Cargo volume continues to … [Read more...] about Fitch affirms Alaska Int'l Airport System's A+ rating
AAT receives pharmaceutical good practice award
Asia Airfreight Terminal (AAT) has attained the “Good Distribution Practices (GDP) for Pharmaceutical Products” by SGS Hong Kong Limited (SGS) on 30 July 2014. AAT is in strict compliance with the GDP requirements set out by the World Health Organization (WHO) to handle pharmaceutical products. In face of growing global airfreight of pharmaceutical products, AAT realises that maintaining product quality and safety of pharmaceuticals in the supply chain is highly critical. In this … [Read more...] about AAT receives pharmaceutical good practice award
Virgin Atlantic appoints Globe Air Cargo in Dubai
Virgin Atlantic Cargo has appointed Globe Air Cargo as its general sales and service agent in Dubai in a move to simplify its freight and courier express sales for customers in the UAE and take advantage of the Dubai market’s strong growth forecast. The airline carries some 5,000 tonnes a year on its daily flights from Dubai to London Heathrow. As well as the UK market, customers in Dubai use Virgin Atlantic Cargo’s network and fast air and truck connections through London to … [Read more...] about Virgin Atlantic appoints Globe Air Cargo in Dubai
Boeing Shanghai redelivers B737-400 Freighter conversion
Boeing Shanghai Aviation Services Co., Ltd., (Boeing Shanghai) has redelivered the third of three B737-400 passenger-to-freighter conversions to Hainan Airlines and Yangtze River Express, both subsidiaries of the HNA Group. The modification was conducted under the Supplemental Type Certificate held by Aeronautical Engineers, Inc. (AEI). With this redelivery Boeing Shanghai will have completed five conversions at their facility, which is strategically located at Shanghai’s Pudong … [Read more...] about Boeing Shanghai redelivers B737-400 Freighter conversion