October 23, 2014

Machinists Union, Southwest Airlines reach tentative contract

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Southwest Airlines and the International Association of Machinists and Aerospace Workers (IAM), representing the carrier’s approximately 6,000 Customer Service Agents and Customer Support and Services Representatives, announced that the two parties have reached a tentative agreement. The tentative agreement is for a new four year contract and requires Membership ratification. The current contract became amendable […]

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Quantum’s StockMarket provides Document Imaging for Part Certifications

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Component Control reported that Quantum customers can now attach documents and images pertaining to a specific part listing on StockMarket.aero, the world’s largest open online aviation parts eMarketplace. Certifications, zoomed images, and multiple views can be attached to a specific part to bolster authentication and make the part more appealing to buyers.

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Change in SAS Group Management

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Executive Vice President and COO Flemming Jensen will leave SAS in May 2015 to assume the position of CEO for DSB A/S. Flemming Jensen has been with SAS since 1989 when he joined as pilot. Since 2008, he has held a number of leading positions within SAS, of which the last three years as Executive

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Jet Aviation signs exclusive management agreement with premier Bahamas FBO

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Jet Aviation has signed an FBO management agreement with Executive Flight Support (EFS) effective January 1st, 2015. The new addition to Jet Aviation’s worldwide FBO network will be rebranded as Jet Aviation Bahamas. Managed by Jet Aviation as of 2015, EFS is the premier full-service FBO in the Bahamas, located at Lynden Pindling International Airport,

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Virgin Atlantic connecting customers onboard 787 Dreamliner

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With a suite of new technologies onboard, the first Virgin Atlantic 787 Dreamliner will take to the skies on October 26th from London Heathrow to Boston. As one of the most efficient aircraft in its class, a key to its performance is its new technology and innovative design. Virgin Atlantic has teamed up with Panasonic

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IBA’s JetData now features new aircraft availability module

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IBA’s online aircraft database, JetData now features a new aircraft availability module. The data, sourced from IBA’s partnership with myairlease.com, enables JetData’s subscribers to keep abreast of aircraft supply onto the market. myairlease continuously monitors their available asset listings for currency and provides updates to JetData in parallel with their own database updates. Availability is

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KLM and Amentum extend leases for four E190s

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Amentum, the Dublin based commercial aircraft leasing company, has renewed the leases of four E190s with KLM Cityhopper B.V. The leases were extended for four years. The aircraft (MSNs 19000250, 19000279, 19000322, 19000326) are owned by Global Aircraft Fund I. Amentum is the exclusive Investment & Divestment Advisor, Asset & Lease Manager and Remarketing Agent

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MTU Aero Engines AG slightly raises forecast in light of nine-month results

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In the first nine months of 2014, MTU Aero Engines AG’s revenues grew by 6% to €2,811.6m (1-9/2013: €2,659.6m). The group generated an operating profit of €270.9m (1-9/2013: €267.8m) and its EBIT margin came to 9.6% (1-9/2013: 10.1 %). Net income increased by 5% to €178.3m (1-9/2013: €169.1m). “The good nine-month results and the greater

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