March 7, 2013

GA Innovation China has grand opening ceremony to launch operations in Beijing

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GA Innovation China (“GAIC”) a subsidiary of Air China and GA Telesis, had its grand opening ceremony on March 5th, 2013 at the Qin Han Ballroom at the Beijing Hilton. In this very well attended ceremony in Beijing, the companies celebrated the receipt of their formal government license to do business as GA Innovation China, […]

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LOT Aircraft Maintenance Services receives update of PART-145 certificate

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LOT Aircraft Maintenance Services (LOTAMS) has received an update of PART-145 certificate. The update authorizes LOTAMS to extend the scope of work with: Embraer EMB-135 with Allison AE3007 engines, Boeing B737 600/900 with CFM56 engines. Currently, LOTAMS supports in line maintenance for all four models of B737 NG aircraft with CFM56 engines. Part-145 was given

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Turkish Technic signs C Check maintenance agreement with Nordwind Airlines

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Nordwind Airlines signed C Check maintenance contracts for its two Airbus A321 Aircraft with Turkish Technic. The services will be carried out at Turkish Technic Istanbul facilities in March 2013. Nordwind Airlines, LLC is a charter airline from Russia. The company is headquartered in Moscow, with the city’s Sheremetyevo International Airport being the most important

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CALC places $500m CFM56-5B engine order

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Hong Kong-based China Aircraft Leasing Company (CALC) has announced its selection of CFM56-5B engines to power 25 new Airbus A320 family aircraft. The firm engine order is valued at $500m at list price and deliveries are scheduled between 2014 and 2016. The aircraft are part of CALC’s first-ever new aircraft order; the company announced an

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Finnair to enter joint business with American Airlines, British Airways and Iberia

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American Airlines, British Airways and Iberia celebrate a key milestone on March 7th, as fellow oneworld alliance member Finnair announced its intent to join the transatlantic joint business, established by the three airlines in October 2010. Once Finnair joins the transatlantic joint business later this year, customers in North America and Europe will have increased

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Ramco Systems launches Aviation on Cloud for Heli-operators

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Ramco Systems, the global Aviation Software provider on Cloud, Mobile and Tablets announced the launch of its mobile-enabled software—Ramco Aviation on Cloud—for the Heli-operator segment, at the HELI-EXPO 2013. Ramco has been a leading provider of MRO and M&E software for the heli-operator segment, and with the launch of a cloud version, will be able

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DVB posts consolidated net income before taxes and IAS 39 of €157.2m

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DVB increased total income before allowance for credit losses by 5.1%, to €411.9m (previous year: €391.9m). Total income after allowance for credit losses amounted to €341.2m, which corresponds to a rise of 2.6%. Net interest income after allowance for credit losses declined by 20.0%, to €159.3m (2011: €199.1m) in spite of successful new business origination;

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AviancaTaca Holding select AMOS as single maintenance software platform for all its airlines

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Swiss-AS, in cooperation with Lufthansa Systems, released that the airlines in the AviancaTaca Holding have selected AMOS as their single maintenance software platform to help position them as the leading force in the Latin American airline market. As a result, Avianca, TACA, Tampa Cargo, and Aerogal will be implementing a unified maintenance software solution through

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Milestone Aviation Group increases Eurocopter EC225 order to 30

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Milestone Aviation Group, the global leader in helicopter leasing, announced an order for 14 additional Eurocopter EC225 twin-engine helicopters, which will join the 16 EC225s ordered last year – along with the company’s initial EC175 booking, covering five of these next-generation aircraft. This new order for the two Eurocopter helicopter types brings Milestone’s EC225 total

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GE Aviation delivers first production wing components for Airbus A350 XWB