Aviation Lease

Latest News for: Aviation lease

40-year Fryeburg airport lease passes easily

Conway Daily Sun 19 Jun 2018

FRYEBURG, Maine — While voters showed up in force to the annual Fryeburg town meeting last Thursday and approved all articles on the warrant, most of the discussion was confined to a controversial 40-year lease for a jet hangar at Eastern Slope Regional Airport and the proposed purchase of the C.A ... Authority members said earlier the long lease was needed to attract money from the Federal Aviation Administration....

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Flybe losses narrow as airline builds passenger numbers and revenue

Irish Independent 19 Jun 2018

Group revenue was up 6.4%, rising from £707.4 million to £752.6 million ... Flybe was forced to restate its 2017 losses due to an onerous lease provision on one of its aircraft ... The company said Europe’s aviation market “continues to be challenging”, with airlines struggling with an oversupply of short-haul flights, higher fuel prices and a weak pound ... ....

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Governor Proclaims June ‘General Aviation Appreciation’ Month

Yankton Daily Press 19 Jun 2018

Dennis Daugaard has proclaimed June as "General Aviation Appreciation" month in South Dakota. "General aviation in South Dakota plays a critical role with its citizens, businesses, farms and ranches, and is important to the state’s economy," says Transportation secretary Darin Bergquist ... Agricultural aviation supports more than $10 million of income in the state, according to the same study....

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KP NAB recovers over Rs10m in six months

The News International 19 Jun 2018

In the same period, the NAB authorised 39 inquiries against the suspects out of which 25 were completed and three inquires closed.Two inquiries about the use of the KP government’s helicopter by Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and the leasing out of 275 acres of Forest Department’s land in Malam Jabba were also underway....

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NAB recovers over Rs10m in six months

The News International 19 Jun 2018

... NAB was also provided the purchase agreement of the helicopter and the rules and regulations related to its use.Reportedly, the KP government spent millions of rupees on Imran Khan’s use of helicopter.The NAB also started an inquiry into the mega scandal of leasing out the Forest Department’s 275 acres of protected land in Malam Jabba....

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NAB KP recovers over Rs10m in six months

The News International 19 Jun 2018

The National Accountability Bureau (NAB) Khyber Pakhtunkhwa has made 11 arrests in the last six months and recovered more than Rs10 million from corrupt elements in the province.As per its quarterly report, NAB made 11 arrests during inquiries and investigations in KP.In the same period, the NAB authorised 39 inquiries against the suspects out of ......

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Great boon to airline industry

The Jakarta Post 19 Jun 2018

The decision of the European Commission and the chair of the European Union’s Air Safety Committee last week to remove all Indonesian carriers from a decade-long EU airline blacklist is a high commendation for the capabilities of domestic aviation regulators in providing adequate safety oversight and surveillance over domestic airlines ... Aviation is big business in Indonesia today....

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Growth zone bill for AC airport approved by state budget committees

Atlantic City 19 Jun 2018

The one-mile radius includes the Stockton Aviation Research and Technology Park, which is under construction ... “Atlantic City Airport can become an aviation hub in South Jersey,” Mazzeo, D-Atlantic, said in a statement ... But adding a growth zone around the airport was a good idea, other lawmakers argue, be-cause there is no “aviation industry” already established in New Jersey....

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Flybe losses escalate amid bad weather and IT costs

City A.M. 19 Jun 2018

Losses had been cut to £9.4m, but adjusted for the revaluation of aircraft loans and onerous lease provisions meant adjusted loss before tax came in higher at £19.2m ... "We now have a new senior management team in place, with greater aviation experience, and we are all focused on delivering the business plan through continued improvements to revenue, a renewed focus on cost reduction and therefore achieving profitability ... ....

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Troublesome advanced engines for Boeing, Airbus jets have disrupted airlines and shaken travelers

The State 19 Jun 2018

Steve Udvar-Hazy, chairman of Air Lease Corp ... "We have an industrial crisis to manage," Faury told trade publication Aviation Week ... All were certified as safe by the Federal Aviation Administration (FAA) and its European equivalent, the European Aviation Safety Agency (EASA) ... British Airways and Virgin Atlantic leased Airbus A330 aircraft to fill the schedule gap. Air New Zealand leased two Boeing 777s to fill in....

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Tesla-loving nation now wants to be a pioneer in electric planes

Independent online (SA) 19 Jun 2018

INTERNATIONAL - Home to some of the busiest flight routes in Europe, whisking passengers across a rugged and mountainous landscape, Norway’s aviation industry now readies to go electric ... "There’s been much development in the aviation sector, but not on the smallest aircraft." ... Avinor, a state-owned company that operates the country’s airports, say the short test flight will demonstrate the feasibility of pollution-free aviation....

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Wright Bros. Master Pilot Award given to Jim Carragher

Elko Daily Free Press 19 Jun 2018

ELKO – A lifelong love of aviation all started in 1968 when Jim Carragher made the decision to fly rather than drive more than 300 miles from Las Vegas to Santa Barbara to visit relatives. Within months, Carragher had his pilot’s license and started his career in aviation as a pilot and flight instructor....

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HC notice over Nizam palace lease

The Times of India 19 Jun 2018

The Hyderabad High Court on Monday issued notices to the Centre, Telangana and Bharatiya Vidya Bhavan on a petition seeking cancellation of the 99-year lease of Nizam’s Kothi Asafia Palace at Bolarum. Bharatiya Vidya Bhavan had got the 28-acre Nizam property on lease at a nominal rent of Rs 1 per annum in 1985 ... The Centre was under an obligation to protect Nizam’s properties, but failed to do so when AP leased it out to third parties....

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