18 November 2016

LATAM- Qatar Airways JV gets go ahead, but LATAM- IAG JV stalls

Brazil’s competition authority, CADE, has given the go ahead for Qatar Airways to take a 10% stake in Latin America’s largest airline, LATAM, at an estimated value of US$600 million. However, CADE has certain misgivings about an investment from International Airlines Group (IAG) who owns LATAM oneworld partners British Airways and Iberia, which has caused […]

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GAMECO endorsed as A380 Centre of Excellence in China

Airbus endorsed GAMECO as “A380 Center of Excellence in China”, in recognition of the outstanding MRO work performed by GAMECO on the China Southern A380 fleet. Since the beginning of A380 operation in China in 2011, GAMECO has been always at the forefront, providing state-of-the-art line & base maintenance services including extensive modifications to the

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NAC signs purchase and lease back agreement with Air Europa for seven Embraer E195s

Nordic Aviation Capital (NAC) has confirmed that it has purchased and immediately leased back seven Embraer E195s to Air Europa. This transaction involved MSNs 19000303, 19000344, 19000357, 19000401, 19000425, 19000437 and 19000452. The aircraft will be operated by Air Europas sister company, Aeronova.

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PPG coatings systems selected by Airbus for A350-1000 launch aircraft

One of three Airbus A350-1000 flight-test aircraft has been painted in the Airbus livery with a selectively strippable system by PPG that shortens repaint cycle time using DESOTHANE HD 9008 basecoat-clearcoat for high-intensity, long-lasting color. A PPG low-density fuel tank and fuselage sealant provides the three flight-test aircraft with weight savings compared with traditional sealants

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Chorus Aviation delivers first Bombardier CRJ1000 regional jet to Air Nostrum

Chorus Aviation has delivered the first of four Bombardier CRJ1000 regional jets to Air Nostrum, Lineas Aereas Del Mediterraneo, S.A. (‘Air Nostrum’), officially launching its regional aircraft leasing transaction with the European carrier. On November 9, 2016, Chorus announced a plan to purchase and lease four new CRJ1000 regional jets to Air Nostrum. The remaining

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AAR and Air New Zealand Form Strategic Partnership for Components

AAR, a global leader in the aviation aftermarket, has entered into a long-term contract with Air New Zealand to provide nose-to-tail, cost-per-flight-hour rotable inventory support covering 740 parts and 15 of the airline’s B777 aircraft. Under reciprocal terms of the agreement, Air New Zealand will become AAR’s exclusive component repair provider for selected parts in

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Berkshire Hathaway to invest in United, American and Delta

Having previously and openly avoided in investing in the volatile sector, Warren Buffet and Berkshire Hathaway have chosen to invest heavily in a number of airlines, including United Continental Holdings, American Airlines Group Inc. and Delta Air Lines. The investments were disclosed in filings with the Securities and Exchange Commission. The investments included the purchase

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