Only two days after two bomb threats were responsible for the diversion of two Air France planes bound for France from the US, a plane belonging to Polish airline LOT was forced to divert and land at Burgas Airport in Bulgaria while en route to Hurghada in Egypt from Warsaw in Poland. “The plane landed […]
Another bomb threat causes emergency landing in Bulgaria Read More »
SkyTeam, the global airline alliance, has appointed a new leadership team. Perry Cantarutti has been named as Chief Executive Officer and Michael Wisbrun takes over as the Chairman of the Governing Board. The appointments were confirmed on November 19th at a meeting of the alliance’s Governing Board, which is composed of CEOs and Chairmen of
SkyTeam airline alliance appoints new executive leadership Read More »
Revima Group and UTC Aerospace announced a long-term agreement to provide maintenance, repair and overhaul (MRO) services for landing gear systems on Boeing 777-300ER aircraft operated by Emirates. While the service agreement with Emirates remains under the prime responsibility of Revima, a portion of the work scope will now take place at the Goodrich Customer
Revima and UTC Aerospace bring landing gear repair capability to the Middle East Read More »
TransDigm Group and Breeze-Eastern signed a definitive merger agreement providing for Breeze-Eastern to become an indirect wholly-owned subsidiary of TransDigm. TransDigm and Breeze-Eastern both design, manufacture and supply highly engineered aircraft components. Under the terms of the agreement, a subsidiary of TransDigm will commence a tender offer to acquire all of the outstanding shares of
TransDigm Group and Breeze-Eastern sign acquisition agreement Read More »
El Al reported revenues from operations – amounted to approx. US$647.3m, compared to US$601.2m in the third quarter of the previous year, reflecting a growth of approx. 7.7%. Revenue from passengers increased by approx. 10.5%, as a result of a significant growth in the number of passengers in the third quarter, in relation to the
EL Al posts record 3rd quarter profit Read More »
The Finnish Competition and Consumer Authority has approved the transaction in which Finnair transfers 60% of the shares in Nordic Regional Airlines AB to StaffPoint Holding Oy and Kilco Oy. Upon completion of the sale, StaffPoint’s ownership in the joint venture will be 45%, Kilco’s 15% and Finnair’s 40%. The transaction is expected to close
Norra Transaction approved by Finnish competition authority Read More »
Delta Air Lines intends to acquire up to an additional 32% of the outstanding capital stock of Grupo Aeromexico S.A.B. de C.V. (AEROMEX.MX) through a cash tender offer for MXP$43.59 per share. This investment will strengthen the airlines’ partnership and provide more travel options for customers in the U.S. and Mexico. Currently, Delta owns approximately
Delta intents to acquire additional shares of Grupo Aeromexico Read More »
Rolls-Royce released that TAP Portugal selected the Trent 7000 engine to power 14 Airbus A330-900neo aircraft. The aircraft will join TAP Portugal’s fleet as part of its fleet renewal announced by the airline’s new majority owner Atlantic Gateway. The new aircraft order replaces the previous order for 12 A350-900 aircraft.
TAP Portugal selects Trent 7000 engines to power 14 A330neo aircraft Read More »
The Hungarian airline Wizz Air has contracted Lufthansa Technik Budapest (LTB) to provide line maintenance services for its fleet at the Budapest and Debrecen locations. The agreement comes into force in February 2016 and includes Wizz Air’s eight Airbus A320 aircraft stationed in Budapest. Lufthansa Technik Budapest will carry out the maintenance at the two
Wizz Air signs line maintenance contract with Lufthansa Technik Read More »
L-3 Aviation Products and Thomas Global Systems announced at NBAA that they have signed an alliance agreement to cooperate in the development of certain CRT-to-LCD display upgrade products that eliminate CRT-related maintenance costs, downtime and obsolescence issues, while providing a cost-effective growth path for cockpit upgrades. “L-3 is delighted to be working with Thomas Global,
L-3 and Thomas Global Systems sign alliance agreement Read More »
