9 July 2015

Indonesia AirAsia may be grounded through lack of finds

Operating as the low-cost arm of AirAsia (AirAsia Berhad), Indonesia AirAsia, based in Jakarta, is facing potential grounding if new financial regulations introduced by the Indonesian government become enforceable. The government has been increasingly concerned over the state of finances of 13 Indonesian airlines and as a consequences has given them all until the 31st …

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China Eastern Airlines’ opts for 50 Next-Generation 737-800s

China Eastern Airlines’ decided to purchase 50 Next-Generation 737-800s as stated in their public disclosure to the Hong Kong stock exchange on July 9th. The airplanes will be operated by China United Airlines, a wholly-owned subsidiary of the China Eastern Airlines, and other branches and subsidiaries of the carrier. The order will be posted on …

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Alcoa reports solid second quarter 2015 profits

Lightweight metals leader Alcoa reported solid second quarter 2015 results as the Company’s transformation showed strong progress. Profitability from Alcoa’s growing aerospace and automotive businesses increased year-over-year as mid and downstream investments delivered positive impact. In the upstream, the Primary Metals business was resilient in the face of market headwinds and the Alumina business delivered …

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Jet Aviation Basel receives EASA Part-145 approval for Boeing B787 aircraft

Jet Aviation Basel has expanded its maintenance capabilities, adding the B787 Dreamliner to its capability list following recent receipt of EASA Part-145 approval. The company was awarded the world’s first private completions project for B787-9 in May 2015. Jet Aviation Basel has received approval from EASA to add Boeing’s new flagship B787 Dreamliner to its …

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Monarch Aircraft Engineering extends FAA approval at Birmingham and Copenhagen facilities

Monarch Aircraft Engineering Limited has extended their US Department of Transportation Federal Aviation Administration approval to their Birmingham and Copenhagen base maintenance facilities. Monarch Aircraft Engineering’s FAA approval now covers Luton, Birmingham, Copenhagen and Manchester bases. Already maintaining US registered aircraft at Luton and Manchester, this will allow the UK based MRO to further extend …

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Avolon releases second quarter 2015 trading update

Avolon, the international aircraft leasing company, issued an update for the second quarter of 2015 (‘Q2’). Avolon agreed sale and leaseback transactions for 14 new aircraft in Q2 and delivered 14 new aircraft and sold three aircraft resulting in a 19% increase in its owned and managed in-service fleet to 152 aircraft at the end …

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SR Technics and AerFin to launch Beyond.Fleet.Services

SR Technics, a leading provider of technical services to airlines (Switzerland) and AerFin (UK), a specialist in providing end-of-life fleet solutions, have signed an MOU, which underpins their intention to manage and market a joint solution branded Beyond.Fleet.Services. This innovative bundle will extend the life of the aviation industry’s maturing fleets of A340-200/300 aircraft by …

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The “green” ATR flying demonstrator takes off

The “green” ATR 72 prototype made the first flight of the “Clean Sky Joint Technology Initiative (CS JTI)” test campaign. CS JTI is a measure adopted by the European Parliament to support the trend of public-private partnership (PPP) initiatives in the field of research, with the aim of jointly developing a wide spectrum of technologies …

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