1 October 2014

Lufthansa go on strike again two days after Air France-KLM call theirs off

The power struggle between unions and airlines seems to be never-ending and the public have to be falling out of love with two of the industry’s greats. Two days after Air France call of their longest strike in the company’s history, Lufthansa are hit by a fifth strike in less than four weeks, with 25 […]

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Hawthorne acquires Heartland Aviation at Chippewa Valley Regional Airport (KEAU) in Wisconsin

Hawthorne Global Aviation Services (Hawthorne) announced the acquisition of Heartland Aviation at Chippewa Valley Regional Airport (KEAU) in Eau Claire, Wisconsin. Heartland is the fifth Fixed Based Operation (FBO) in Hawthorne’s nationwide network, and its third acquisition in the last six months. The new Hawthorne Eau Claire FBO has a recently-renovated passenger terminal and first

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Aerostar to install Split Scimitar Winglets on Boeing 737-800 for Jetairfly

Romanian aerospace company Aerostar S.A., was among the first independent European MRO providers to install Split Scimitar Winglets (SSW) onto two Boeing 737-800s of TUIFly Nordic. Aerostar is currently carrying out the same work on a Boeing 737-800 (msn 37238; registration OO-JAX) for TUI Airlines Belgium trading as Jetairfly, at its Bacau facility in north-east

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PPG Aerospace expands sealants production capacity at UK facility

PPG Industries has upgraded aerospace sealants manufacturing operations at its Shildon, England, facility with installation of new equipment to increase capacity and efficiency to meet growing demand. According to Sean Lambourne, PPG market manager for sealants in the EMEA (Europe, Middle East and Africa) region, the state-of-the-art equipment gives PPG flexibility to respond quickly to

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LCI successfully closes $325m secured asset-backed facility

LCI, the aviation leasing division of the Libra Group, has successfully closed a five-year, $325m asset–backed credit facility for its helicopter-leasing arm LCI Helicopters. The facility was substantially over-subscribed resulting in an enlarged provision to meet demand. An option to increase the facility to $425m was also added. The funds will be used to expand

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Avtrade appoints new Regional VP Sales – China

Avtrade further expands into the China Region, with the new appointment of Carren Chiu in the role of Regional VP Sales – China. Carren will be responsible for growing business in the China Region. Developing sales strategy, increasing sales and maximising business opportunities, focus will be on building customer relationships and delivering high quality dedicated

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Werner Aero Services signs A320 support agreement with ACES

Werner Aero Services has signed a three year agreement with Aerospace Component Engineering Services (ACES), in Singapore to support ACES with A320 components. ACES will have access to Werner Aero Service’s A320 component inventory to be used for exchanges in conjunction with their repair business. ACES is a joint venture between SIA Engineering Company (SIAEC)

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UAM receives AFRA certification

Universal Asset Management announced that its aircraft disassembly processes and facility in Tupelo, Mississippi have been awarded Aircraft Fleet Recycling Association’s (AFRA) accreditation. UAM also offers on-­site, AFRA accredited disassembly services at any remote location worldwide. AFRA promotes best practices for recycling components taken from end­‐of-­life aircraft during disassembly.

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easyJet orders additional CFM56-5B engines

easyJet, one of Europe’s leading airlines, announced an additional order with CFM International for 54 CFM56-5B engines to power the 27 Airbus A320 ceo (current engine option) aircraft scheduled to begin delivery between 2015 and 2018. The aircraft order was previously announced; the airline is exercising 27 existing purchase rights. CFM values the firm engine

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Lufthansa Pension Trust sells 3% shares in Amadeus

Lufthansa Pension Trust has successfully placed approximately 13.5m shares of Amadeus IT Holding, S.A. by way of an institutional private placement. With the sale of the shares, which represents 3% of the shares in Amadeus IT Holding, S.A., the pension fund raised gross proceeds of €388m. Accordingly, the Lufthansa Pension Trust’s stake in Amadeus will

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