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Air Berlin intensifies cooperation with NIKI and increases participation

Air Berlin PLC announces an increase of its participation in NIKI Luftfahrt GmbH. The contracts were notarized on 17 February 2010. Air Berlin PLC and its subsidiary Air Berlin PLC & Co. Luftverkehrs KG have contractually agreed with the Privatstiftung Lauda (private Lauda foundation) that Air Berlin PLC & Co. Luftverkehrs KG will indirectly acquire 25.9% of the shares of NIKI Luftfahrt GmbH and thereby increase its current participation in NIKI Luftfahrt GmbH from 24 to 49.9%. The purchase price for the shares is EUR 21 million.

In connection with the increase of its participation, Air Berlin PLC & Co. Luftverkehrs KG will grant the private Lauda foundation a EUR 40.5 million loan. The private foundation has the option to repay the loan in three years, either in cash, or through the transfer of the remaining 50.1% of NIKI Luftfahrt GmbH

Leonardo secured additional helicopter orders worth €470 million at Heli-Expo 2023

March 22, 2023

Italian aerospace, defence and security specialist Leonardo S.p.A. (Leonardo) sold approaching 40 helicopters at Heli-Expo 2023 in Atlanta, Georgia on March 7-9 this year. Deliveries of the aircraft are expected to take place between 2023 and 2026. The sales involve AW139s, AW169s and AW109s which will be used for energy support, rescue and public service

Delta launches Propel Flight Academy

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Delta Air Lines (Delta), through its Propel Pilot Career Path Programme, is launching a pilot academy dedicated to training the airline’s next generation of aviators. The Delta Propel Flight Academy, operated in partnership with training provider Skyborne Airline Academy, will open its doors to the first class of students in June and is now accepting applications from

Jekta and Gayo Aviation ink LOI for ten PHA-ZE 100 amphibious aircraft

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Field Aerospace completes T-1A AMP aircraft installs

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CFM International and ST Engineering sign CFM-branded business partnership

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Stratos delivers one Boeing 737-800 to Transavia France

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Stratos, a leading aircraft investment specialist and asset manager, has delivered one Boeing 737-800 on long-term operating lease to Transavia France. The delivery forms part of Transavia France’s fleet expansion, which will see the Air France–KLM subsidiary grow its fleet to 71 aircraft. The aircraft (MSN 37253), which forms part of a portfolio managed on

AAR acquires Trax to accelerate digital solutions strategy

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Panasonic Avionics enhances software development capabilities in Pune, India

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WestJet Cargo receives certification from Transport Canada for 737-800 Boeing Converted Freighters

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Swissport secures major contract with Sky Airline in Chile

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Turkish Technic posts strong financial results for 2022

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Turkish Technic has posted its financial results for 2022, which marked successful growth and solid strategic acceleration. The company recorded a 37% growth compared to the previous year with US$1,42 billion in revenue and US$119 million in operational profit and increased its market share to 1.9%, reaching the highest growth rate and revenue in the

HKIA selects SITA to provide carbon management platform

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Hong Kong International Airport (HKIA) has selected SITA to provide a carbon management platform to monitor data on carbon emissions across the airport environment, helping to track key performance indicators as the airport progresses towards its net-zero carbon goal. SITA’s carbon management platform, to be fully deployed by summer 2023, will collect and aggregate data

ASI and Etihad Engineering collaborate to expand aircraft maintenance facility

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ASI (Aircraft Support Industries), a leading provider of aviation infrastructure solutions, has announced its collaboration with Etihad Engineering to expand the capacity of its aircraft maintenance facility in Abu Dhabi. Etihad Engineering, one of the largest commercial aircraft MRO services providers and the expansion project in partnership with ASI, aims to cater to the increasing

ASQS further grows presence in Canada with Central Mountain Air partnership

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ASQS, a global leader in aviation safety and quality management software, has announced its collaboration with Western Canadian Central Mountain Air (CMA), further growing its presence in the Canadian aviation industry. Central Mountain Air, based in Smithers, British Columbia with further bases at Vancouver International Airport and Calgary International Airport, is a privately owned and

Boeing set to manufacture 184 AH-64E Apaches for the U.S. Army and overseas users

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Boeing has confirmed it is to build 184 AH-64E Apaches for the U.S. Army as well as several international customers. This will include the first Apaches for Australia. This latest award, valued at US$1.9 billion, will bring the total current funded value of the contract to US$2.1 billion. Future obligations have the potential to see

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2023 MEDIA KIT

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Air Berlin intensifies cooperation with NIKI and increases participation

Leonardo secured additional helicopter orders worth €470 million at Heli-Expo 2023

Delta launches Propel Flight Academy

Jekta and Gayo Aviation ink LOI for ten PHA-ZE 100 amphibious aircraft

Field Aerospace completes T-1A AMP aircraft installs

CFM International and ST Engineering sign CFM-branded business partnership

Stratos delivers one Boeing 737-800 to Transavia France

AAR acquires Trax to accelerate digital solutions strategy

Panasonic Avionics enhances software development capabilities in Pune, India

WestJet Cargo receives certification from Transport Canada for 737-800 Boeing Converted Freighters

Swissport secures major contract with Sky Airline in Chile

Turkish Technic posts strong financial results for 2022

HKIA selects SITA to provide carbon management platform

ASI and Etihad Engineering collaborate to expand aircraft maintenance facility

ASQS further grows presence in Canada with Central Mountain Air partnership

Boeing set to manufacture 184 AH-64E Apaches for the U.S. Army and overseas users

Aviation News Categories

2023 MEDIA KIT

Learn more on how AviTrader can expand your market

Tamar Jorssen

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