October 11, 2013

Airbus predicts world freighter fleet to reach almost 3,000 aircraft in next 20 years

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According to Airbus’ new Cargo Global Market Forecast, world-wide air freight traffic will grow by an average of 4.8% annually over the next 20 years, almost doubling the required global freighter fleet to nearly 3,000 aircraft. This projected growth is driven by numerous positive global trends in economic activity, including world trade, private consumption, and […]

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First production AW189 performs maiden flight

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AgustaWestland released that the first production AW189 8 tonne class twin engine helicopter performed its maiden flight at Vergiate plant (Italy) on October10th. The aircraft is expected to be delivered to Bristow Helicopters by year end to carry out offshore transport missions in the North Sea, with operational readiness planned in early 2014. Additional two

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Swissport International acquires minority stake in SAS´ ground handling services

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Swissport International and Scandinavian Airline Systems signed an agreement by which Swissport acquires a 10% stake in each of SAS’ three ground handling companies. The acquisition which has insignificant impact on profitability and liquidity of the SAS Group is effective as of 1st November 2013. The divestment and outsourcing of ground handling is an important

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Boeing and Ethiopian Airlines expand wire harness production

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Boeing and Ethiopian Airlines signed an agreement to double wire harness production at Ethiopian Airlines’ Wire Harness Facility. The Wire Harness Facility, based in the Ethiopian capital Addis Ababa, opened in 2009 and currently supplies seat-to-seat wire harnesses for all Boeing commercial airplane programs. Following this latest announcement Boeing and Ethiopian Airlines will place additional

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Aeroflot introduces new low-cost airline – Dobrolet

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Aeroflot Group now includes a budget airline named Dobrolet. Originally, it was the name of the joint-stock company established in 1923, a predecessor of today’s Aeroflot. Dobrolet will be based in the Moscow region. The fleet of the new airline will consist of Boeing- 737-800NGs in one class configuration. It is assumed that the low-cost

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KKR invests in Weststar Aviation Services

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Weststar Aviation Services reported that KKR, a leading global investment firm with more than US$83.5bn in assets under management, has invested approximately RM642m (US$200m) for a substantial minority equity stake in the Company. This will be KKR’s first investment in Malaysia. Additional terms of the transaction were not disclosed. Founded in 2003, Weststar is a

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Ameco Beijing names new Executive Director of Operation Division

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Dr. Hans-Juergen Loss was appointed as the Executive Director of Operation Division of Ameco Beijing since 1st July 2013. Dr. Loss obtained doctorate in mechanical engineering. Joining Lufthansa in 1985, he held various management positions in Lufthansa and Lufthansa Technik, among other he was V.P. Technical Operation for Lufthansa German Airlines throughout 6 years and

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Airbus predicts world freighter fleet to reach almost 3,000 aircraft in next 20 years

First production AW189 performs maiden flight

Swissport International acquires minority stake in SAS´ ground handling services

Boeing and Ethiopian Airlines expand wire harness production

Aeroflot introduces new low-cost airline – Dobrolet

KKR invests in Weststar Aviation Services

Ameco Beijing names new Executive Director of Operation Division

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11 October 2013

Airbus predicts world freighter fleet to reach almost 3,000 aircraft in next 20 years

First production AW189 performs maiden flight

Swissport International acquires minority stake in SAS´ ground handling services

Boeing and Ethiopian Airlines expand wire harness production

Aeroflot introduces new low-cost airline – Dobrolet

KKR invests in Weststar Aviation Services

Ameco Beijing names new Executive Director of Operation Division

Stay Connected

Subscribe