10 October 2013

Etihad increases stake in Virgin Australia to 19.9%

Etihad Airways confirmed its equity stake in Virgin Australia Holdings had reached 19.9%. This follows a series of on-market purchases of Virgin Australia shares over recent weeks. The Abu Dhabi-based airline now holds more than 515 million shares in its equity partner airline. At 19.9%, Etihad Airways has reached the threshold approved by Australia’s Foreign

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MTU Aero Engines’ Supervisory Board renews Reiner Winkler’s contract

MTU Aero Engines AG’s Supervisory Board unanimously voted to extend the contract with Chief Financial Officer Reiner Winkler. The new, five-year contract will run from October 1, 2014 through September 30, 2019. On January 1, 2014, Winkler will take over the helm of MTU Aero Engines AG as its new Chief Executive Officer, a role

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FL Technics signs PBH support agreement with Indonesian Cardig Air

FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, is further extending its cooperation with Asia-Pacific carriers by signing a PBH-support agreement with Jakarta-based cargo operator Cardig Air. Under the agreement FL Technics will provide spare parts supply for the carrier’s Boeing 737-300F fleet. According to the three-year long agreement, FL

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Lufthansa LEOS signs development contract for eSchlepper

Lufthansa LEOS, a subsidiary of Lufthansa Technik AG, will deploy electrically powered hybrid towbarless aircraft tugs. A development contract for the project was signed with Kalmar Motor AB from Sweden on October 9th, 2013, on the occasion of the inter airport Europe exhibition in Munich. The electrically powered tug, or eSchlepper, is capable of moving

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Pentastar Aviation launches hosted version of Commsoft’s OASES

Pentastar Aviation has become the launch customer for the hosted version of Commsoft’s OASES maintenance management software, having utilized the system for several months, in a previously-unannounced deal. Pontiac, Michigan-based Pentastar Aviation has been able to access a version of OASES hosted by a data centre on behalf of Commsoft itself, meaning that it avoided

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airberlin first airline to develop new software for aerodynamic optimisation

As part of its eco-efficiency programme, airberlin has developed a new measuring tool aimed at optimising air flow. No such software has ever appeared on the market before; this innovation demonstrates once again the pioneering work of airberlin in the field of fuel efficiency. Small blemishes, rough paintwork or even a one millimetre gap between

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