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 …
LATAM- Qatar Airways JV gets go ahead, but LATAM- IAG JV stalls Read More »
Airstream International Group has arranged the sale of a 1997 manufacture ATR42-500, MSN532, on behalf of Phoenix Aircraft Leasing to Executive Jet Support. This is the 26th ATR aircraft that Airstream has placed in the last few years.
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 …
GAMECO endorsed as A380 Centre of Excellence in China Read More »
SITA, the global air transport IT specialist, has named Klaas Fokkema Vice President Sales Northern Europe, based in Geneva, Switzerland. Fokkema brings more than 15 years of experience in the IT and air transport industry to the new role. Before taking up his new position Fokkema was Vice President Business Management for Airport Services in …
Klaas Fokkema appointed new Sales VP for Northern Europe Read More »
Peach Aviation has decided to purchase A320neo aircraft from Airbus and has signed an agreement to buy 10 aircraft. This will be the first time for a Japanese low cost carrier to order A320neo aircraft. Peach has also signed an agreement to purchase three A320ceo aircraft. The first A320neo is scheduled to be delivered by …
Peach to buy 10 A320neo and three A320ceo aircraft Read More »
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.
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 …
PPG coatings systems selected by Airbus for A350-1000 launch aircraft Read More »
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 …
Chorus Aviation delivers first Bombardier CRJ1000 regional jet to Air Nostrum Read More »
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 …
AAR and Air New Zealand Form Strategic Partnership for Components Read More »
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 …
Berkshire Hathaway to invest in United, American and Delta Read More »
