Air Asia has yet to rebound from the financial pressure it has been placed under since the release of a damning financial report by Hong Kong-based analysts GMT Research in June this year. The report questioned the accounting practices, profit outlook, cash flow and structure of Asia’s largest low-cost airline based on fleet size. The […]
Air Asia seeks investors to privatize company Read More »
Bombardier Commercial Aircraft and Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering have signed an agreement under which Tech Mahindra will develop the Aircraft Ground Support System (AGSS) for Bombardier’s Aircraft Health Management System (AHMS) for the C Series family of aircraft. The AGSS will facilitate real-time and post-flight recorded data management,
The German Federal Police, Bundespolizei (BPOL), has selected Heli-One, a large independent provider of maintenance repair and overhaul (MRO) services, to fully modernize their fleet of 18 Airbus Helicopters AS332L1 Super Puma aircraft through a NATO/NATO Support and Procurement Agency (NSPA) contract with proven EFIS and avionics upgrades from Universal Avionics and other suppliers. To
Heli-One modernizes Bundespolizei fleet of 18 Airbus Helicopters AS332L1’s Read More »
Kaman reported that its Aerospace segment has entered into an agreement to acquire Timken Alcor Aerospace Technologies, Inc. (TAAT) of Mesa, Arizona. TAAT designs and supplies aftermarket parts to support businesses conducting maintenance, repair, and overhauls (MROs) in aerospace markets primarily located in North America. Important factors in Kaman’s decision to acquire TAAT from The
Kaman to acquire Timken Alcor Aerospace Technologies Read More »
Magellan Aerospace has been awarded a follow on contract to provide nose and main landing gear components and kitted assemblies to Messier-Bugatti-Dowty (MBD) for major commercial aircraft customers. Magellan has produced these complex machined components for MBD since 2009. The parts are manufactured in Magellan’s divisions in New York, NY, and Kitchener, ON, which are
Magellan Aerospace to provide landing gear assemblies to Messier-Bugatti-Dowty Read More »
For the month of September, Air Canada reported a system-wide capacity increase of 11.5% and a load factor of 83.6%, down 1.1 points compared to the same period in 2014. On this additional capacity, system wide traffic for September increased 10.1%.
Air Canada reports September traffic results Read More »
Universal Avionics Authorized Dealer, Heli-One, completed installation of Universal Avionics UNS-1Fw Multi-Missions Management System (MMMS) and MFD-640 Multi-Function Display on a CHC Helicopter Airbus Super Puma aircraft. With a Supplemental Type Certificate (STC) in hand, rotorcraft operators have a mission-ready flight deck solution. The UNS-1Fw MMMS provides the operator with centralized control of the aircraft
Heli-One offers Super Puma operators new Universal Avionics Solution Read More »
Avtrade continues its aircraft acquisition programme with the purchase of ex Flynas Embraer E190LR aircraft (MSN 19000232). Purchased from the lessor; a serviceable aircraft, manufactured in December 2008 with just over 11,000 flight hours, the deal is for the complete airframe minus core engines. This acquisition follows the recent purchase of ex Virgin Nigeria Embraer
Avtrade completes purchase of Embraer E190 aircraft for teardown Read More »
Independent aircraft remarketing company Airstream International Group has so far concluded the sale of nine Embraer ERJ-145 regional jets in 2015. The most recent sale has been two LU variants sold on behalf of Luxair to an operator in Southern Africa. Earlier in the year the company completed the sale of an LR variant to
Airstream concludes nine ERJ-145 sales in 2015 Read More »
LCI, the aviation leasing arm of the Libra Group, has finalised two long-term debt facilities to support over US$200m of incremental fleet growth in Australia. Westpac Banking Corporation will act as sole lender, security trustee and agent to support LCI’s recent multi-year agreement to lease four new AgustaWestland AW139 helicopters to Australia’s Westpac Rescue Helicopter
LCI agrees two multi-year debt facilities to underpin Australian growth Read More »
