Portugal’s Minister of Planning and Infrastructure, Pedro Marques, has had a goal to connect Portugal to the Far East “as soon as possible” according to the Macau Daily Times. With The HNA Group now looking to acquire an initial stake of 7% in Atlantic Gateway, a private consortium which owns a 50% stake in TAP […]
China’s HNA Group to buy stake in Atlantic Gateway Read More »
Bombardier has signed a purchase agreement for a Global 6000 business jet to be operated by Fly Comlux, the VIP charter division of Comlux, who currently operates a fleet featuring a total of six Bombardier business aircraft—including Challenger 605, Challenger 850, Global 5000, Global 6000. This additional Global 6000 aircraft complements its existing VIP widebody
Comlux expands VIP fleet with purchase of one Global 6000 Business Jet Read More »
Airbus has added Jet Aviation and its MRO facilities to its ACJ Service Centre network, enhancing choice and geographical reach for its corporate jet customers and operators around the world. The expanded network comprises companies that are owned or controlled by Airbus, as well as independent ones that it has approved. Its capabilities include line
Airbus Corporate Jets adds Jet Aviation to Service Centre network Read More »
El Al reported that revenues from operations amounted in the first quarter to approx. US$397m, compared to US$420m in the First Quarter of the previous year. The Company’s revenues declined as a result of the timing of Passover and a decrease in flight ticket prices due to the competition and the drop in oil prices.
EL AL presents results for first quarter of 2016 Read More »
Boeing and Air China officially unveiled the airline’s first 787-9 Dreamliner to the public at a grand ceremony in Beijing on May 25th. The national flag carrier is the first airline in the country to have a 787-9 enter into service. This is the first of 15 Dreamliners set to join Air China’s fleet.
Air China introduces its first Boeing 787-9 Dreamliner Read More »
Air Lease Corporation announced the placement of three new Airbus A321-200 CEOs, one new Airbus A321-200neo and one new A320-200neo aircraft on long-term leases to WOW air (Iceland). One A321-200 CEO delivered to the airline earlier this month, with the remaining two A321-200 CEOs delivering in Q3 and Q4 2016. The A320-200neo and A321-200neo aircraft
Air Lease Corporation places five new Airbus aircraft with Wow air Read More »
Norsk Titanium AS, a supplier of aerospace-grade, additive manufactured, structural titanium components, has closed a US$10m growth debt facility with Harbert European Growth Capital Fund I (HEGCF) as part of the company’s current aerospace production financing round. The funds will be used to further strengthen Norsk Titanium’s leadership team and operations worldwide in support of
Norsk Titanium announces US$10m investment from Harbert European Growth Capital Fund Read More »
Aircraft and Engine asset management specialists AerFin Ltd, has appointed James Bennett as its new Director Sales – Engine Services with immediate effect. James will be responsible for the overall engine and component sales and leasing strategy and product offerings to both existing and new clients, overseeing marketing, strategic business partnerships and sales and will
AerFin appoints James Bennett as Sales Director – Engine Services Read More »
HEICO CORPORATION reported that net income increased 17% to US$38.7m in the second quarter of fiscal 2016, up from US$33.1m in the second quarter of fiscal 2015. In the first six months of fiscal 2016, net income increased 15% to US$69.9m (after a US$.03 reduction related to nonrecurring acquisition costs incurred in the first quarter
HEICO reports 2nd quarter net income up 17% Read More »
GA Telesis announced the commencement of disassembly operations on one Airbus A300-600 aircraft. GA Telesis will utilize selected removed inventory to support its customer base via its global sales teams and Live AOG centers. The disassembly will also provide rotables for the company’s exclusive iGEAR (Intelligent Global Engine & Airframe Replenishment) flight hour program offerings.
GA Telesis announces A300 disassembly Read More »
