11 August 2011

Jet Professionals now operational at new branch office at Al Bateen executive airport

Jet Professionals, the global aviation staffing company, opened its branch office at Al Bateen Executive Airport, providing aviation staffing services to the Middle East market. Jet Professionals recently opened its new branch office at Al Bateen Executive Airport, enabling the company to serve business jet operators in the region with its portfolio of staffing services, …

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Skywest Airlines takes delivery of its first ATR 72-500

Australian carrier Skywest Airlines took delivery of its first ATR 72-500, which is also the very first ATR 72 aircraft in Australia. Skywest Airlines will operate its new ATR fleet on behalf of Virgin Australia, as part of a 10-year agreement signed recently between both airlines to create a regional network for Virgin Australia. This delivery follows the …

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THAI becomes new customer for A350 XWB and A320 Family

Thai Airways International Public Company (THAI) has signed a contract with Airbus covering the firm order of four A350-900s and five A320 aircraft, becoming a new customer for both aircraft types. The aircraft have been selected by the airline under its fleet modernisation programme, with the A350 XWB set to operate on long haul services …

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AMR takes next step in spin-off of Eagle as separate publicly-traded company

AMR Corporation reported that its subsidiary, AMR Eagle Holding Corporation, has filed a Form 10 Registration Statement (“Form 10”) with the U.S. Securities and Exchange Commission.  The Form 10 filing marks the next step in a potential spin-off of Eagle and describes the potential spin-off, provides an overview of Eagle’s business, management and its ongoing relationship …

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Itsik Maaravi named new President of Piedmont Aviation Component Services

Piedmont Aviation Component Services, a fully owned subsidiary of TAT Technologies, announced that Mr. Itsik Maaravi has been named President. Mr. Maaravi joined the group in 2009 as CMO for Limco Piedmont. Formerly VP Marketing for Kamor Aviation and Director of Sales for Bedek Aviation Group, Israel Aerospace Industries, he will lead and further develop Piedmont …

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Weststar Aviation Services chose ADSoftware Solutions

ADSoftware released that Weststar Aviation Services Sdn Bhd, a subsidiary of Weststar Group, has selected ADSoftware’s aviation dedicated software AIRPACK to manage its maintenance, planning and integrated logistics. ADSoftware have started implementing AIRPACK in Malaysia at the company’s AW 139 Main base at Kerteh. Weststar Aviation Services found in AIRPACK a global solution that addresses its …

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DVB Group posts marked increase to consolidated net income for first half 2011

DVB Bank remained on course during the first half of 2011, boosting its consolidated net income before taxes to €74.9 million, up 26.9% (H1 2010: €59.0 million). DVB’s income (comprising net interest income after allowance for credit losses, net fee and commission income, net income from financial instruments in accordance with IAS 39, results from …

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Boeing, Cathay Pacific announce order for 12 777s

Hong Kong-based carrier Cathay Pacific Airways has ordered eight Boeing 777 Freighters and four 777-300ER (extended range) airplanes. The order is valued at $3.3 billion at list prices. With this announcement, Cathay Pacific becomes the 15th customer to order the 777 Freighter and increases its Boeing 777-300ER fleet to 50.

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