3 September 2015

Aeroflot to rescue ailing Transaero with 75% stake purchase

Transaero, Russia’s second-largest airline, has been struggling to stay afloat after the airline’s net debt totaled RUB106 billion at the end of 2014. An Aeroflot spokesman was quoted as saying “Transaero will be completely overhauled and integrated into the Aeroflot group.” According to a Transaero statement, the deal was concluded during a meeting with Igor […]

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Astronics Corporation to supply passenger service units for Boeing 777X Aircraft

Astronics Corporation has been selected to supply the Passenger Service Units (PSU) on the new family of long-range Boeing 777X aircraft. The award is subject to the execution of a final purchase agreement. Mr. Peter J. Gundermann, President and Chief Executive Officer of Astronics, commented, “We have had a long-standing relationship with Boeing on the

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Boeing and Jet2.com finalize order for 27 Next Generation 737-800s

Boeing and UK Leisure Airline Jet2.com have finalized an order for 27 Next Generation 737-800s, valued at approximately US$2.6bn at current list prices. Jet2.com currently operates an all-Boeing fleet of nearly 60 aircraft; however, this is the organization’s first direct Boeing order. The aircraft will be used to take the company’s package holiday and flight

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Safi Airways chooses AFI KLM E&M for A320 component support

Safi Airways has confirmed its confidence in AFI KLM E&M by signing a component support contract covering their three A320-family aircraft. The agreement includes repairs and access to a spares pool. This is the second contract that Safi Airways has signed with AFI KLM E&M. Fabrice Defrance, AFI KLM E&M SVP Commercial said: “Safi Airways

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STG Aerospace secures FAA STC for liTeMood installation on Boeing 737NG

STG Aerospace, a leader in pioneering aircraft lighting technologies, has secured a FAA Supplemental Type Certificate (STC) for its market leading liTeMood® LED cabin lighting system on the Boeing 737NG. This important milestone forms part of the company’s strategic plan to certify liTeMood for global coverage and was achieved following selection by Miami Air International

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MTU Maintenance extends V2500 MRO contract with Turkish carrier Atlasglobal

MTU Maintenance and the Turkish carrier Atlasglobal Airlines, formally known as Atlasjet Airlines, have extended their cooperation regarding the maintenance of Atlasglobal’s V2500 engines. Over the next five years, MTU Maintenance will continue to provide the airline with exclusive MRO services for this engine type. The cooperation between MTU and Atlasglobal dates back to 2006

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