27 May 2015

Irish government gives green light for IAG bid proposal for Aer Lingus

In January of this year IAG made the third of three firm offers for Irish airline Aer Lingus at €2.55 ($2.78) per share. Unlike the previous offers, this was received more favourably by Aer Lingus, but was once again conditional upon on IAG obtaining support for the offer from the carrier’s two key shareholders: Ryanair […]

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Gogo receives first Supplemental Type Certificate (STC) for next generation satellite internet service

Gogo, a leading global aero communications service provider, has received first of two STCs from the FAA that will be required for Gogo’s 2Ku next generation satellite connectivity service. The initial certification will allow Gogo to conduct flight tests on its own 737-500 flying lab. Gogo will begin testing with one antenna and expects to

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Bombardier appoints Nnew Vice President, Operations Strategy

Bombardier appointed Jim Vounassis as Vice President, Operations Strategy, effective June 15th, 2015. In this new position, Mr. Vounassis will conduct a detailed review of the company’s operations and implement strategies to increase value creation across the organization. In addition, he will lead Bombardier’s global action plan, focusing on improving profitability and execution to transform

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VistaJet completes US$300m senior unsecured note offering

VistaJet Malta Finance P.L.C. and VistaJet Co Finance LLC, subsidiaries of VistaJet Group Holding SA have now closed their offering of US$300m aggregate principal amount of 7.750% senior unsecured notes due 2020. Interest on the 5-year notes is payable semi-annually on June 1st and December 1st, beginning on December 1st 2015. The notes are guaranteed

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TrueAero continues its commitment of support to A340 operators

TrueAero took delivery of the first of three A340-300 aircraft powered by CFM56-5C4/P engines. MSN 0359 with DOM 5/2000 will be parted out in Sanford Florida in support of TrueAero’s parts distribution business. MSNs 363, DOM 9/2000 and 442, DOM 11/2001 are also scheduled for delivery over the next two weeks. The TrueAero engine lease

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Avion Express expands power-by-the-hour contract with AJW Aviation

AJW Aviation has signed an agreement for an additional two A320 aircraft under the auspices of its ten year PBH contract with Lithuanian airline, Avion Express. “The power-by-the-hour support that AJW provides for this part of our European operation now covers all fourteen A320 aircraft; offering full ATA coverage and on-site stock” said Aleksei Lupitski,

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IBA’s online tool ‘JetData’ delivers insight to aviation industry’s stakeholders

According to the International Bureau of Aviation (IBA), deals within the aviation industry are now subjected to even greater scrutiny to safeguard the interests of investors and owners. It has become a data intensive environment to satisfy the stringent reviews of credit committees and other risk analysts’ teams. Understandably so, considering the money invested in

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Luxair is STG Aerospace’s first visiWing customer

Luxembourg airline Luxair is the first carrier to install visiWing, STG Aerospace’s latest innovative signage product. Developed in response to airline demand to increase the visibility of the APB (Aviation Partners Boeing) B737NG Split Scimitar Winglet, visiWing sees STG Aerospace advancing its safTsign product range outside the aircraft cabin for the first time. Whilst reducing

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TP Aerospace expands into new markets supported by Quantum Control MRO and Logistics Software

TP Aerospace, which specializes in trading and maintenance of commercial aircraft wheels and brakes, utilized Quantum Control MRO and Logistics software to increase productivity and expand into new regional markets. Founded in Denmark in 2008, TP Aerospace has rapidly expanded across three continents in just a few years. It now operates in North America, Europe

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Thomas Global Systems and Regional Express unveil new LCD avionic display units

Sydney, Australia, based Regional Express is the first regional operator to reap the benefits of new drop-in LCD cockpit retrofit solution. Thomas Global Systems and Regional Express (Rex) announced the successful first deliveries of the LCD TFD-8601 cockpit display, which is designed to replace traditional cockpit CRT primary flight displays on corporate and regional aircraft.Angus Hutchinson, CEO

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