August 19, 2015

Greek government confirms go ahead with €1.2bn Fraport airport deal

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The Greek government has confirmed the revival of a deal originally agreed back in 2014 for Fraport to lease 14 airports, predominantly tourist destinations including Corfu, for a period of forty years. Fraport and Greek energy firm Copelouzos had agreed one of country’s biggest privatization deals since the start of the debt crisis with the […]

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GOL posts second quarter 2015 financial results

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GOL reported that net revenue reached R$2.1bn in the second quarter of 2015, a 10.5% decline compared to the same period in 2014 – reflecting the country’s economic activity slowdown. Ancillary and cargo revenues reached R$284.3m, an increase of 13.8% compared to 2Q14, representing 13.3% of total net revenues. International revenues had a share of

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Allegiant announces purchase of 50th Airbus aircraft

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Allegiant announced an agreement to purchase its 50th Airbus aircraft, an A320, from Airbus Financial Services. The purchase marks an important milestone for the company in its long-term transition to an Airbus fleet. By the end of 2015, the company’s in service Airbus fleet will number 25, consisting of 15 A320s and 10 A319s. The

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Air China to commence Beijing-Mumbai nonstop

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Air China will commence Beijing-Mumbai nonstop service on October 25th, 2015. As the forthcoming only service from Mainland China to Mumbai, it will spare passengers departing from Beijing for Mumbai the trouble of having to make a detour by transferring in Hong Kong, Singapore and Bangkok and make it much easier to get to the

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Kaman awarded five-year contract extension for G280 Gulfstream program

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Kaman Aerosystems (Kaman) reported that its UK operation has been successful in securing a five-year contract extension on the Gulfstream G280 program for the supply of Ailerons and Winglets to Triumph Aerostructures. This takes the period of program deliveries out to 2019 and firmly consolidates Kaman as a key supplier on the G280 program. The

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SkyQuest International arranges sale of one Quest KODIAK aircraft

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SkyQuest International has arranged the successful sale of one Quest KODIAK aircraft on behalf of SkyQuest KODIAK Sales USA, of Winston-Salem, North Carolina, US. The aircraft has been sold to WC Aviation of Fort Worth, Texas, US. The 2012 aircraft with Serial Number 100-0060 is powered by Pratt & Whitney PT6A-34 engines, is fitted with

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Direct Maintenance and Qatar Airways extend partnership – adding Entebbe

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Direct Maintenance has further extended its successful line maintenance partnership with Qatar Airways by adding one more location to its agreement. As from August 17th, Direct Maintenance is now also providing comprehensive line maintenance coverage to Qatar Airways at Entebbe International Airport (EBB) in Uganda, in support of operations with A320 passenger aircraft and A330

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PPG coatings specified for Turkish Aerospace Industries HURKUS trainer aircraft

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PPG Industries aerospace coatings have been specified by Turkish Aerospace Industries (TAI) for the initial production of its HURKUS new-generation basic trainer for the Turkish Armed Forces, with the potential for additional aircraft if production is extended. Fifteen aircraft will be painted with DEFT military polyurethane topcoat and eco-friendly lead- and chromate-free epoxy primer as

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Skyworld Aviation arranges sale of one Fokker 50 on behalf of VLM Airlines

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On behalf of VLM Airlines of Belgium, Skyworld Aviation reported the sale of a Fokker 50 (serial number 20121) to a Kenyan leasing entity Gikama Ltd. Previously OO-VLR, the 1988 built aircraft has been re-registered as 5Y-WFA and will be leased to Rudufu Ltd, a Nairobi-based airline. Rudufu has passenger and cargo operations in East

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Air Partner acquires Baines Simmons

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Air Partner, the global aviation services group, announced the acquisition of Baines Simmons, a world leading Aviation Safety Consultant for a total net cash consideration of up to £6.0m. The acquisition is expected to be earnings enhancing in its first full year of ownership. The reputation of the Baines Simmons brand and the expertise of

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