February 16, 2015

New Greek Government reviewing airport lease deal with Fraport and Copelouzos

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With the installation of a new Greek government has come a substantial amount of financial juggling regarding the previous government’s efforts to reduce the country’s debt. One of the major problems facing the Greek economy was the failure to reduce the debt from unpaid taxes, a figure which back in 2013 and the cause of […]

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Lufthansa Cargo welcomes fifth Boeing 777F in Frankfurt

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The modernisation of Lufthansa Cargo’s fleet continues: on February 12th, 2015, the fifth Boeing 777F of the cargo airline landed in Frankfurt for the first time. On a flight lasting approximately nine hours, the crew under chief pilot Claus Richter had transferred the Triple Seven safely from Everett near Seattle to its new home airport.

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AgustaWestland to establish FlightSafety International as an AW139 Authorised Training Centre

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AgustaWestland received approval of the FlightSafety International Learning Centre in Lafayette, Louisiana, USA as an AgustaWestland Authorised Training Centre. FlightSafety International has been providing AW139 Training since May, 2013. Courses for the popular AW139 intermediate helicopter delivered from the Learning Centre benefit from an AW139 Level D qualified Full Flight Simulator which features FlightSafety’s electric

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Airbus’ global footprint expands with new single source Tier 1 supplier in India

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Airbus has signed an agreement with Bengaluru based Dynamatic Technologies to be the single source supplier of flap-track beams for the wide body A330 Family aircraft. The agreement is the largest manufacturing contract between Airbus and a private sector company in India and elevates Dynamatic to a global tier-1 supplier. Dynamatic has manufactured flap-track beam

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C&L becomes Michelin tire alliance partner

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C&L Aerospace has been appointed a sales and service center under the Michelin Alliance Partner Program. Aside from warehousing Michelin’s full line of tires for regional and business jet aircraft at their three stocking locations, C&L Aircraft Services will provide tire and installation services at their expanded 120,000 square-foot complex in Bangor, Maine. C&L will

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UAM promotes Troy Molitor to Vice President of Strategic Markets

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Universal Asset Management (UAM), a leader in aviation asset management, aircraft disassembly and commercial aviation aftermarket component sales, announced the promotion of Troy Molitor to Vice President of Strategic Markets. Troy joined UAM in August 2014 from ILFC where he was the Vice President of Technical Aircraft Lease Negotiations and Airline Transfers. In his new

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SNC acquires 328 Support Services GmbH

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Sierra Nevada Corporation (SNC) has completed acquisition of a UK and Germany-based aircraft company, 328 Support Services GmbH (328), owner of the type certificate and intellectual property (IP) rights for design, manufacturing, maintenance and certification of the 200 existing Dornier 328 (D328) prop and jet aircraft. In addition, SNC holds IP rights and supplemental type

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Sanad extends relationship with Etihad Airways by US$100m

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Sanad Aero Solutions GmbH (Sanad), a wholly-owned subsidiary of Mubadala Development Company, has increased its leasing portfolio of spare engines and components with Etihad Airways through the addition of new assets valued at US$100m, including spare GEnx and GP7200 engines and spare landing gear and nacelles, to support the airline’s growing fleet of B777, B787,

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