2 January 2015

Aeroflot and Lufthansa Technik extend cooperation

Aeroflot Russian Airlines and Lufthansa Technik AG concluded a long-term agreement for the provision of maintenance and repair services (MRS) of aircraft components to the Russian aviation company on improved conditions. Lufthansa Technik became the winner of the tender for selecting a MRS supplier for aircraft components to all companies of Aeroflot Group. The new

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HEICO Corporation reports record net sales for fiscal 2014

HEICO Corporation reported that net income increased 18% to a record US$121.3m, up from US$102.4m in the fiscal year ended October 31, 2013. For the full fiscal year ended October 31, 2014, operating income increased 11% to US$203.4m, up from US$183.6m in the fiscal year ended October 31st, 2013. Operating income was US$53.7m in the

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Boeing delivers Etihad Airways' first 787-9 Dreamliner

Boeing delivered Etihad Airways’ first 787-9 Dreamliner sporting the airline’s new “Facets of Abu Dhabi” livery which was revealed at a ceremony in 2014. The colors are reminiscent of the desert landscape, inspired by the culture, Islamic design and architecture motifs of the United Arab Emirates. The airplane is the first of the 71 Dreamliners

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Astronics to acquire Armstrong Aerospace

Astronics Corporation, a leading provider of advanced technologies for the global aerospace and defense industries, has entered into a definitive agreement to acquire Armstrong Aerospace (“Armstrong”) for approximately US$51m. The agreement is expected to close in January 2015, subject to normal closing requirements. Armstrong Aerospace, located in Itasca, Illinois, is a leading provider of engineering, design

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ARJ21-700 aircraft obtains first type certificate for jets in China

Civil Aviation Administration of China (CAAC) granted an ARJ21-700 aircraft type certificate to Commercial Aircraft Corporation of China, (COMAC) in Beijing on December 30th, 2014. This indicates that the first regional jet independently developed by China in accordance with international standards has passed the airworthiness certification of CAAC, met the requirements of China Civil Aviation

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Etihad Airways to codeshare with Aerolineas Argentinas

Etihad Airways, the national airline of the United Arab Emirates (UAE), has signed a codeshare agreement with Aerolíneas Argentinas, one of South America’s leading airlines. Effective February 1st, 2015, the agreement will offer Etihad Airways’ guests greater access to South America via Aerolíneas Argentinas’ Buenos Aires hub. As part of the agreement, Etihad Airways will

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