Good Week

Avolon Aerospace
 © Avolon Aerospace
AVOLON AEROSPACE The lessor formed by ex-RBS Aviation financier Dómhnal Slattery received European Union approval to launch operations, with $1.4 billion in private equity and debt financing. Avolon's first move was to buy six Airbus A320s from AerCap and form a joint venture with AerCap to buy three A330-200s. Avolon is focusing on sale and leaseback deals, with 26 aircraft so far in the deal pipeline, including Boeing Next Generation 737s.

 

Bad Week

Alien chasers
 © Sipa Press/Rex Features
ALIEN CHASERS US regional operator American Eagle is cutting its six-times-weekly Embraer ERJ-140 Los Angeles to Roswell, New Mexico service in August, one year after launching it with the benefit of a landing fee waiver. Roswell has been synonymous with UFOs since a flying saucer - with gangly, big-eyed space aliens - allegedly crashed there in July 1947. The US military, accused of a mega-conspiracy cover-up, insists the incident was a weather balloon crash.

 

 

Source: Flight International

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