Early on Wednesday morning in the US, United Airlines was forced to ground all flights worldwide for approximately two hours as a result of a computer problem. “An issue with a router degraded network connectivity for various applications, causing this morning’s operational disruption. We fixed the router issue, which is enabling us to restore normal …
United Airlines flights grounded worldwide for 2 hours Read More »
KLM signed a €575m revolving credit facility with 10 international banks, finalizing the early refinancing of its credit facility which was due to mature in July 2016. The facility has a tenor of 5 years and shows improved terms compared to KLM’s existing facility. The transaction was launched at €575m and KLM took advantage of …
KLM finalizes new €575m revolving credit facility Read More »
Ascent Integration & Automation Group has been awarded a contract by Airbus for the Beluga XL Final Assembly Station. The Beluga XL is an A330 heavily modified to transport large, oversized aerostructure components from Airbus supplier facilities to the Beluga XL final assembly line in Toulouse, France. Under this contract Ascent Integration – European Operations, …
Ascent Aerospace awarded Airbus Beluga assembly line integration contract Read More »
Southwest Airlines reported June 2015 traffic increase of 6.9% compared to June 2014, while capacity increased 6.7%. The June 2015 load factor was a record for the month of June at 86.2% compared with 86.1% in June 2014.
Worldwide Flight Services (WFS) is to acquire a 51% shareholding in Fraport Cargo Services (FCS) as part of a strategic partnership with Fraport AG. The investment is part of WFS’ strategy to continue to expand in Europe’s major cargo markets. Fraport is to retain a 49% share in FCS and will continue to take a …
WFS acquires 51% stake in Fraport Cargo Services Read More »
WestJet announced June 2015 traffic results with a load factor of 76.9%, a decrease of 0.5 points year over year. Revenue traffic increased 7.0% year over year and capacity was 7.6% higher than the previous year.
Thomas Kuhn has become President and Chief Executive Officer (CEO) of Lufthansa Technik’s US-subsidiary BizJet International Sales and Support, in Tulsa/Oklahoma. He succeeds Manfred Gaertner, who has been leading BizJet International since 2013. Before, Thomas Kuhn was Director Engineering Services in Lufthansa Technik’s VIP & Executive Jet Maintenance business unit in Hamburg/Germany. Manfred Gaertner will …
Thomas Kuhn is new President and CEO of BizJet International Read More »
Two Nuremberg-based operators have come together as Axtmann Holding AG, parent company of general aviation and air ambulance specialist operator FAI rent-a-jet, has announced the purchase of a majority stake in Nuremberg-based operator Fly Alpha. The deal sees Axtmann Holding AG take a 51% stake in the company, with an option to complete a full …
Axtmann Holding AG acquires majority stake of German operator Fly Alpha GmbH Read More »
STG Aerospace, a world leader in pioneering aircraft lighting technologies, has opened a new US manufacturing and warehousing facility in Miami. Located adjacent to the Miami International Airport runway, the new building has double the space of the company’s previous US premises. This significant investment in expansion reflects growing demand throughout the Americas for STG …
STG Aerospace responds to customer demand with new US facility in Miami Read More »
