August 24, 2016

EC’s investigation into Etihad’s Air Serbia stake gets approval

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The European Commission’s (EC) investigation into Etihad’s acquisition of a 49% stake in Air Serbia which occurred on August 1, 2013 has concluded it is totally compliant with all EU regulations according to results delivered on July 8. Etihad has a substantial portfolio of equity alliances, including Alitalia (49%), Air Seychelles (40%), Darwin Airline (34%), […]

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Qantas Group reports record performance for full year 2016

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Qantas reported an underlying profit before tax of A$1.53bn for the 12 months ended 30 June 2016. The record performance is a 57% improvement on financial year 2015. Qantas Domestic, Qantas International, the Jetstar Group and Qantas Loyalty all reported record results. Total underlying EBIT in the domestic market – across both Qantas and Jetstar

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Atlas Air Worldwide and FedEx Express sign new contract

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Atlas Air Worldwide has entered into a five-year agreement with FedEx Express to provide it with five 747-400 freighter aircraft for peak flying seasons beginning in 2017 and lasting through 2021. Peak season flying generally occurs in the month of December and potentially earlier. An agreement to provide five aircraft for the 2016 peak season

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LOTAMS receives QCAA certificate update

MRO & Production / Leave a Comment

LOT Aircraft Maintenance Services company has received an update for QCAA certificate issued by the Civil Aviation Authority of the State of Qatar. The document authorizes LOTAMS personnel to perform maintenance services on aircraft registered in Qatar. It is valid till October 2018. The first QCAA certification was given to LOTAMS in October 2012, it

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Dominican Wings takes aircraft under control with Alkym

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Seabury Solutions announced more growth in its user base in the Caribbean region. Dominican Wings, whose parent company Avion Express is a long standing user of Alkym now have their aircraft under control in the system. Dominican Wings, whose parent company Avion Express is a long standing user of Alkym now have their aircraft under

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Czech airlines technics enters into exclusive aircraft maintenance agreements with Czech Airlines

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Czech Airlines Technics (CSAT), a daughter company of the Czech Aeroholding Group, which provides aircraft maintenance services, has entered into four exclusive agreements with Czech Airlines. CSAT thus now provides the carrier with complex aircraft maintenance, i.e. with both base and line maintenance as well as components maintenance and engineering. All contracts have been entered

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UAM appoints Tracy Andrews as Chief Operating Officer

People / Leave a Comment

Universal Asset Management (UAM), reported the promotion of Tracy Andrews to the position of Chief Operating Officer of UAM effective immediately. Mr. Andrews, already having the responsibility for UAM’s Mississippi, USA distribution operations in his role as Senior Vice President now assumes operational responsibility for UAM’s global business, sales and execution of the corporate strategic

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SkyWorks announces second quarter 2016 activities for its asset management

Aircraft & Engines / Leave a Comment

SkyWorks Holdings reported transactions and activities performed during the second quarter 2016. Asset Management Services, provided through SkyWorks Leasing, involved 20 aircraft in the second quarter 2016 and included the following: On behalf of Finnair, SkyWorks arranged the sale of one A340-300 removed from service. On behalf of a U.S. Investor, SkyWorks arranged the sale

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