8 September 2015

Sale of French stake in Nice and Lyon airports attracts worldwide interest

A frenzy of interest has been created since the French government announced the country’s intention to relinquish its 60% stake in Nice Côte d’Azur and Lyon-Saint-Exupery airports. Interest is particularly keen owing to a continued increase in traffic and stakes in two of the country’s busiest airports will present investors with relatively stable assets in […]

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Bombardier appoints new Senior Vice President and Chief Procurement Officer

Bombardier appointed Nico Buchholz as Senior Vice President and Chief Procurement Officer (CPO). In this new position, Mr. Buchholz will lead the Corporation’s supply chain activities and closely manage relations with suppliers across the global value chain. With his team, he will ensure that goods and services purchased by Bombardier’s four business segments meet the

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A330-200 with increased range receives EASA certification

Airbus’ successful A330-200 has received EASA (European Aviation Safety Agency) certification for the new 242 tonne Maximum Take-Off Weight (MTOW) version, following certification in April 2015 (*) of the 242t A330-300. Certification from the US authorities (FAA) will follow. The range of the new A330-200 242t increases by up to 350 nautical miles/650 kilometres compared

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FAA selects P&W to develop advanced core-engine technologies for its CLEEN II program

The Federal Aviation Administration (FAA) announced that Pratt & Whitney has been selected to participate in a program to develop and mature advanced core-engine technologies, primarily for engine compressor and turbine modules, to reduce fuel consumption and emissions, as part of the second phase of the FAA’s Continuous Lower Energy, Emissions and Noise (CLEEN II)

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Lockheed Martin plans to develop center for C-130J and LM-100J training

Lockheed Martin is meeting the increasing global demand for C-130J military and LM-100J commercial flight training with a new International Training Center (ITC) to be located at the corporation’s Marietta, Georgia, Aeronautics facility. Featuring academic classroom space and simulator facilities to support the full spectrum of aircrew training, the center will support training needs including

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Waypoint Leasing closes US$200m inaugural capital markets financing

Independent global helicopter leasing company, Waypoint Leasing, has closed on the private placement of US$200m of senior secured notes, representing Waypoint’s inaugural capital markets financing. The senior secured notes have a maturity of seven years, split across three tranches, providing for both USD and EUR funding capacity on a delayed draw basis. The company will

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Norwegian Avinor selects WAM from Saab

Defence and security company Saab has been selected by Avinor Air Navigation Services, Norway’s air navigation service provider, to deploy multilateration technology for air traffic surveillance coverage across all of Norway along with surface surveillance for Norwegian airports. Avinor’s NORWAM system will provide air traffic surveillance data to the ARTAS (advanced surveillance data system) tracker

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Jet Aviation Basel expands completions production capacity to meet demand

Jet Aviation Basel has recently signed an agreement with Basel Euroairport authorities to expand its Completions production capacity to meet rising demand for services. Jet Aviation Basel is expanding its production operation within its Completions Center where the company produces industry-renowned furniture aircraft interior components and integrated systems for corporate and VIP aircraft interiors. The

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