June 19, 2014

Fokker released introduction of composite technology in Mexican Facility

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Fokker Aerostructures, a business unit of Fokker Technologies, has announced, that as a result of successful collaboration with the regional government, the company will expand its world class composite technology to the Mexican Facility. Composite components for business jet tails that will be manufactured in Chihuahua will now also be locally assembled. Fokker has a […]

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ROLLS-ROYCE announced £1bn share buyback

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Rolls-Royce committed to a share buyback of £1bn subject to the completion of the sale of its Energy gas turbine and compressor business to Siemens. The sale announced on 6 May this year, is expected to complete by the end of 2014. As no material acquisitions are planned, and reflecting the strength of the balance

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Cronus Partners unveils aviation services transaction

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Cronus Partners posted, it acted as the exclusive financial advisor to Boreas Holdings, in a refinancing through an extension of credit facilities provided by TD Bank, N.A. Boreas is the parent of multiple affiliated aviation services operating companies. Cronus continues to be a valued financial partner in the growth, enabling to continue the company’s expansion.

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L2 Consulting Services, names Douglas Mailat as Manager of Sales and Business Development

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L2 Consulting Services, a leading provider of avionics integration, engineering and installation services, is pleased to announce the appointment of Douglas Mailat as Manager of Sales and Business Development. With a career spanning 20 plus years in business development, marketing, sales and promotion, Douglas will be responsible for managing current and prospective L2 customer relationships

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Gazpromneft-Aero starts refuelling Meridiana Airlines in Domodedovo

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Gazpromneft-Aero has started supplying aviation fuel to Meridiana at Domodedovo Airport in Moscow. The airline has regular direct flights to the Italian cities of Cagliari, Olbia and Naples on Airbus A320 planes. Meridiana has become the thirteenth foreign airline that is refuelled by Gazpromneft-Aero in Domodedovo. In the first 5 months of the year Gazpromneft-Aero

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New Canadian North route takes flight

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Canadian North released the launch of its new seasonal, non-stop service between Iqaluit, Nunavut, and Halifax, Nova Scotia, with same-plane service to St John’s, Newfoundland. This new route that links these communities and creates new tourism, investment and trade opportunities in both Iqaluit and Atlantic Canada and opens up opportunities for business, tourism and travel.

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Sierra Nevada Corporation and FLYHT announce renewed strategic relationship

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Sierra Nevada Corporation (SNC) and FLYHT Aerospace Solutions reported that the companies have renewed their strategic relationship by updating their license and manufacturing agreement and adding a value-added reseller agreement. The relationship involves FLYHT’s Automated Flight Information Reporting System, or AFIRS product and services. The AFIRS system operates on multiple aircraft types and provides functions

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Hughes Broadband Satellite Technology selected by Thaicom for in-flight connectivity services

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Hughes Network Systems, one of the global leader in broadband satellite solutions and services, announced that it has signed a contract with Thaicom Public Company, a leading satellite communications provider in Asia Pacific, to provide its broadband satellite technology for in-flight connectivity services, in partnership with Global Eagle Entertainment. This contract follows the announcement last

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Timco opens new line services locations

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TIMCO Aviation Services, a subsidiary of the Hong KongAircraft Engineering Company Limited (HAECO), posted that it launched new line maintenance and cabin services operations at Ted Stevens Anchorage International Airport in mid-May, and at San Francisco International Airport in early June. The new locations add to TIMCO’s existing network (now 18 airports served), with base operations

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