In the first nine months of the year, the Lufthansa Group generated an operating result of €628m, €96m less than in the first nine months of last year. Profits were hit particularly hard by record fuel prices. The persistently intense price pressure, the air traffic tax and the costs of EU emissions trading certificates also […]
Lufthansa posts operating profit of €628m for first nine months Read More »
GA Telesis has reached and signed amended collective labor agreements (“CLA”) with all of the unions representing the Finnair Engines Services (“FES”) employees that will become part of the newly formed GA Telesis Engines Services (“GATES”) division in Helsinki, Finland. Terms are agreed for five years. Signing the CLA paves the way for GA Telesis
GA Telesis Engine Services (Helsinki) and unions sign CLA agreement Read More »
Jet Aviation recently expanded its maintenance capability at its newly acquired FBO at Houston’s Hobby Airport. In addition, Jet Aviation expanded its ramp at the FBO in Dallas at Love Field by 48,000 ft², bringing the total facility size to more than 250,000 ft². The company hired technicians with large-cabin experience, added tooling and purchased
Jet Aviation expands maintenance capabilities in Houston Read More »
The International Bureau of Aviation, IBA Group, has successfully placed, through outright sale, an Embraer ERJ-145EP, with MSN 145113, on behalf of London-based client Continuity Air Finance. Built in 1999, the Embraer ERJ-145EP was formerly operated by City Airlines in Sweden. During the course of the remarketing period City Airlines ceased operations. On behalf of
IBA announce sale of Embraer ERJ-145EP on behalf of Continuity Air Finance Read More »
For the first 9 months of 2012, the Latécoère Group, a tier 1 partner to major international aircraft manufacturers, posted revenue, excluding non-recurring items, of €416.7m, up +11.7% year on year. At a constant €/US$ exchange rate, organic growth stood at +7.85%; the hedging strategy implemented has allowed the Group to partially benefit of a
Latécoère Group reports first 9 months results Read More »
The Malaysian Industry-Government Group for High Technology (MIGHT), an agency under the Prime Minister’s Department, signed a Memorandum of Understanding on 5th October 2012 with the Performance Review Institute (PRI), which administers the Nadcap program on behalf of the aerospace industry, marking another milestone in efforts to advance the competencies and competitiveness of the Malaysian
MIGHT signs MoU with PRI Read More »
BOC Aviation has appointed Mr. Nick Seah as Senior Vice President, Airline Leasing & Sales, Asia Pacific, with responsibility for leasing and selling aircraft to airlines in Greater China. Based in Singapore, Mr. Seah reports to Mr. Graham Lees, Head of Aircraft Leasing and Sales, Asia Pacific and Middle East. Prior to joining BOC Aviation,
BOC Aviation broadens coverage of greater China Market with new appointment Read More »
The Prime Minister of Bulgaria Boyko Borisov has recently inaugurated the new extended state-of-the-art MRO facility of the German-Bulgarian Joint Venture company Lufthansa Technik Sofia at Sofia Airport. The inauguration represents the official completion of the successful facility extension which started in 2011. Over the past year the company has added three additional bays to
Lufthansa Technik Sofia inaugurates newly extended MRO facility Read More »
