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More than 20% of Wizz Air’s fleet is grounded due to Pratt & Whitney GTF engine issues. Here’s how the airline is coping and where the grounded aircraft are stored. https://lnkd.in/g2sT3aWj
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Current-tech aircraft values have "peaked and plateaued" argue asset managers, something which has been confirmed by Ishka appraisal team, as airlines react to slower revenues. Read Editor Dickon Harris' analysis ➜ https://shorturl.at/9Uzri #aviationfinance #airlines #lessors #investors #aircraft #values
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Thanks PnrGo for highlighting the benefits of the PNRGO & REDiFLY integration. These demonstrate the advantages for implementing automated aviation software. #airlineindustry #aviationsoftware #datacompliance #aviationFMS
Legal 500 “Next Generation Partner” | Top 10 most Influential Lawyers Shaping Singapore's Aviation Finance Industry 2023 | Chambers Ranked expert
🛫 The airline industry's path to the future is not just a simple switch we can turn on or off in one single day. It's a transition period where new offer creation methods get introduced alongside traditional ones. How can this happen? One word: interoperability. Chief Strategy Officer Thomas Gregorson explains what interoperability is, why it's critical for the future, and how ATPCO is here to support you, no matter where you're at in your journey. Check out the new blog: https://bit.ly/3SnaASS #Interoperability
Airlines are cashing in on aircraft sale-leaseback transactions for aircraft. Will it continue? Probably. In fact, we haven't even seen the peak of the wave. Our latest premium market analysis examines the future of SLB transactions in the commercial aircraft space. It was originally published in June for Visual Approach Research clients and is now available to our Monthly Insights subscribers. Subscribers can read the analysis here: https://lnkd.in/grKg3SRE
PIA Managed Co-Ownership Program Features: #5 - WELL-DEFINED TERMS The PIA Co-Ownership Agreement includes defined and transparent terms for: How you own the aircraft How you share the aircraft How you exit, continue or upgrade How you are protected from default Schedule a consult at https://buff.ly/3cJ94sb to get your questions answered. #privateaviation #businessaviation #terms
Our Aircraft Owners benefit from the built-in demand of our nationwide network of 1,500+ Jet Card Members that maximizes revenue hours. Simplify your ownership experience and put your valuable asset to work with Jet Linx. Learn more about our Aircraft Management program at https://hubs.la/Q02Gc0Lg0. #YourPersonalJetCompany #AircraftOwnership
Air operators are working smarter thanks to the PnrGo & REDiFly software integration. It allows an efficient and smooth workflow around the passenger and crew data reporting and vetting procedures ✈️ With our two-way integration, air operators can benefit from the extensive range of REDiFly’s aviation operational software and: 📨 Automated API/PNR data transfers 🔎 Simple PAX and CREW screening against major sanctions lists 🛂 Effortless compliance with travel authorisation and passenger vetting programs worldwide 🔔 PnrGo system alerts through REDiFly's FMS Talk to our sales team today - https://pnrgo.com/contact - and switch on the cool new features in your FMS! #airlineindustry #softwareintegration #fms #datacompliance
SpiceJet Seeks to Raise Over Rs 3,200 Crore for Fleet and Financial Revitalization https://lnkd.in/df9VcH22 #SpiceJet #AviationNews #AirlineFinance #CapitalRaise #DebtEquity SpiceJet is set to raise over Rs 3,200 crore through a combination of Qualified Institutional Placement, warrants, and promoter infusion. This funding aims to rejuvenate its grounded fleet, address outstanding liabilities, and support the acquisition of new aircraft. Explore how this strategic move could impact the airline’s operations and financial stability.
What is P&W Reimbursement for grounded aircraft of Indigo A very interesting article on engine related global grounding and some ideas towards the range of compensation. quote " P&W had agreed to compensate it to the tune of $150-200 million, warning the issue will force it to remove “nearly all” its A320neo-family jets from service at some point. That package equates to P&W paying Spirit about $18,000 daily per grounded aircraft, financial firm Jefferies said in a 1 April report. " unquote Does that indicate USD 500000 per aircraft per month. Or USD 6 million per annum per aircraft. at 60 aircraft, it translates to USD 360 Million. That should be about INR 2500 to INR 3000 CR annually. Is this a fair estimate and is this a fair compensation?
I am passionate about this topic! The ability to create an interconnected world makes this industry great! Interoperability is a cornerstone principal that has allowed the industry to evolve while maintaining this global connectivity.
Announcing AOG-247's first "in-house" #Trent700 Fan-Case removal in our UK warehouse! We are excited for the journey ahead as we expand our capabilities and continue to grow. #Innovation #Growth #Aviation #WeAreOneTeam
Sky High Projections: Advanced Air Mobility is feeling the cash burn. Is the answer cost-cutting, retrenchments and lawyering up for employment and investor disputes? Or is there a simpler solution? The commercial aviation sector may hold the key. Check out this week's newsletter to find out more (link in comment below). Plus, take our poll on the future of AAM and DM us for a free copy of the article! #AdvancedAirMobility #CommercialAviation #Newsletter #Poll