Monday, 24 October 2016

Ryanair announces largest ever Milan expansion

                                                 
Ryanair Boeing 737-8AS 
Irish budget carrier Ryanair has announced it's largest ever Milan expansion for Summer 2017, increasing traffic from Milan to 11.3 million as the carrier lifts capacity by 18%. Overall  the carrier plans to carry 35 million passengers from Italy increasing market share to 37 percent, allocating an additional 10 aircraft to the Italian market opening a total 44 new routes.

For Summer 2017 from Milan Bergamo 5 new routes will be launched to Bordeaux (4 per week), Edinburgh (5 per week), Luxembourg (4 per week), Oradea (2 per week) and Vigo (2 per week) with 9 new summer routes to Belfast, Gdansk, Hamburg, Nis, Nuremberg, Oslo, Ostrava, Prague and Timisoara, operating a total of 76 routes carrying 9.9 million passengers.

In Milan Malpensa it's 73 European base five 5 new summer routes will be launched to Brussels (2 daily), Catania (4 per day), Gran Canaria (1 per week), Porto (4 per week) and Sofia (daily), along with an increase in frequencies to Bucharest, operating a total of 9 routes carrying 1.4 million passengers.

Milan is home to an estimated population of 1.3 million people, while its wider hinterland area of 5.26 million is ranked as the fifth largest in the EU, Bergamo is close to flanking Dublin to become the second largest base of the Ryanair network.

Irish Aviation Research Institute © 24 October 2016 All Rights Reserved.

Ryanair returns Boeing 737 EI-EFS to lessor

                                                 
Ryanair Boeing 737-8AS 
Irish budget carrier Ryanair has commenced the first Boeing 737-800 end of lease (EOL) hand-backs for Winter 2016/7 season as the carrier takes delivery of 50 new Boeing 737-800 aircraft.

EI-EFS Boeing 737-8AS c/n 37542 operated it's last revenue service 18 October RYR443 from Liverpool to Dublin and ferried to the carrier's maintenance base at Glagsow Prestwick. The aircraft arrived back in Dublin on 20 October in basic Ryanair colours prior to return to lessor SMBC Aviation Capital.

According to website planespotters.net the aircraft is due to be re-delivered to Ukraine International Airlines.

Irish Aviation Research Institute © 24 October All Rights Reserved.

Irish Aircraft Leasing Newsletter 24 October 2016

                                                 
EI-RJT RJ85 Cityjet
FLY Leasing Extends 2012 Term Loan

FLY Leasing Limited announced that it extended the maturity date of its 2012 Term Loan from August 2019 to February 2022. The Term Loan had a balance of approximately $410 million as of September 30, 2016. In connection with the extension, FLY paid its lenders a one-time fee of 0.25% of the current outstanding principal amount. “FLY continues to manage its liability structure in an aggressive manner, taking every opportunity to extend its debt maturities, de-risk its financial position and secure attractive, long-term financing to fund growth,” said Colm Barrington, CEO of FLY.

GECAS and Atlantic AirVenture Aviation Centre Shannon have collaborated to develop a one week intensive program targeted at Transition Year (TY) students in local Shannon schools

GECAS and Atlantic AirVenture Aviation Centre Shannon have collaborated to develop a one week intensive program targeted at Transition Year (TY) students in the local schools. GECAS TY Aviation Academy is designed to attract teenagers who have a keen interest in an aviation career and gives them an opportunity to get a behind-the-scenes look at the industry. “GECAS is very serious about attracting the best and brightest in the aviation sector,” said Eleanor O’Connell, SVP Process Management & Controls GECAS. “We want to encourage millennials who are serious about a career in aviation to pursue their dreams.”

GE Capital Aviation Services Delivers First Airbus A320neo to Brazil’s Azul

GE Capital Aviation Services Limited (GECAS) announced delivery of a new, leased Airbus A320neo to Azul Linhas Aéreas Brasileiras S/A to expand and modernize the carrier’s fleet. The Airbus A320neo aircraft, powered by CFM International LEAP-1A engines, is the first of eight scheduled for delivery to Azul by the end of 2019. All eight are part of GECAS’ existing order book with Airbus. CFM International is a joint venture between GE and Safran Aircraft Engines.

Stobart Air takes tighter control of leasing businesses

Stobart Group PLC is taking tighter control of the its aircraft leasing businesses in a two-part deal with the City investor Invesco Asset Management. It has agreed to pay £12mln for 33.3% of Propius, the leasing operation, taking its holding to 66.6%. Based in the Cayman Islands, Propius was established in 2013 as a joint venture between Aer Lingus, Invesco and Stobart Air. Propius owns the Stobart Air ATR72-600 aircraft and leases them on a long term basis to the airline.

Irish Aviation Research Institute © 24 October 2016 All Rights Reserved.

Irish Commercial Aircraft Update 24 October 2016

                                                 
Ryanair Boeing 737-800s at Dublin Airport 
The information contained is sourced  from a variety of sources, though particular credit must be given to the following sites, which are very highly recommended.

Chris Witt/Skyliner : http://www.skyliner-aviation.de/
Dublin Movements Blog: http://notam-ireland.blogspot.ie/
Irish Spotters & NLSPOT Yahoo Lists
Planespotters.net : http://www.planespotters.net/

EI-EFS Boeing 737-8AS c/n 3021 Ryanair Ferried Glasgow Prestwick-Dublin 20/10/16 in basic colours on return to lessor SMBC Aviation.

EI-FJX Boeing 737-8JP c/n 42271 Norwegian Air International Delivered Boeing Field-Oslo 17/10/16.

EI-XLC Boeing 747-446 c/n 27100 Rossiya Airlines Ferried Shannon-Cambridge 18/10/16.

EI-XLG Boeing 747-446 c/n 29899 Rossiya Airlines Ferried Shannon-Cambridge 19/10/16.

PH-IAM Embraer 190LR c/n 19000310 Falko Regional Ferried Exeter-Norwich 15/10/16 for paint into Air Moldova colours.

UR-AJB Airbus A320-233 c/n 733 AtlasGlobal Ukraine Ferried Istanbul-St Athan 19/10/16 for part-out & scrap ex EI-FBA.

2-TBXM Boeing 737-71B c/n 29371 AerCap Ferried Guangzhou Baiyun International Airport-Narita International Airport-Anchorage International-Paine Field 17/18-10/16 in basic China Southern colours ex B-5230 for Southwest Airlines.

Irish Aviation Research Institute © 24 October 2016 All Rights Reserved.