17 January 2017

Anguish for relatives as search for missing flight MH370 called off

In a statement issued from Sydney on Tuesday January 17, Malaysian, Chinese and Australian authorities have confirmed that the deep-sea search for the missing Malaysia Airlines’ Boeing 777-200ER, flight MH370, has been terminated without any evidence to support any theories as to where the jet may have crashed. The final location of Flight MH370, which …

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Magnetic MRO signs component maintenance agreement with airBaltic

Magnetic MRO, Estonian-headquartered Total Technical Care organization and long standing partner of airBaltic, the flag carrier of Latvia, have signed a new maintenance agreement in respect of the wheels & brakes of Q400 and the wheels of CS300. Due to the new and advanced technologies used to manufacture the CS300, the larger variant of Bombardier’s …

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TrueAero successfully deployed US$250m in 2016

TrueAero, a diversified mid-to-end of life commercial aviation service provider, successfully deployed US$250m in 2016 acquiring both leased aircraft and whole assets. To support the increasing needs of its global customer base, the Company acquired in excess of 30 engines and airframes manufactured by Airbus, Boeing, CFM, GE, Pratt & Whitney, and Rolls-Royce.

VAS Aero Services enhances State-Of-The-Art Seattle distribution and logistics center

VAS Aero Services, a global leader in aviation logistics and aftermarket services, announced upgrades and expanded capabilities for its Seattle distribution facility. The distribution and logistics center, a key component in the company’s partnership with The Boeing Company, supports VAS’s surging growth and strategic position in the Pacific Rim region. The VAS Seattle center integrates …

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Aergo Capital, PK AirFinance and KDB provide four 737’s for Indonesian Airlines

Aergo Capital has announced PK AirFinance and the Korea Development Bank (KDB) as debt partners on four B737-900ER aircraft subject to leases with Sriwijaya Air (two aircraft) and Thai Lion Air (two aircraft). Financing on two 2015 vintage B737-900ER aircraft on lease to Sriwijaya Air (MSN 41712 & 41843) closed on 23rd of December 2016. …

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AAR signs extended PBH contract with Bluebird Cargo

AAR has been awarded a contract extension for Bluebird Cargo’s fleet of five B737CL aircraft, which the aviation services company has been supporting since 2007. Based in Reykjavik, Iceland, Bluebird Cargo operates internationally, providing freight services via its extensive network and ACMI and Wet Lease services throughout Europe, Asia and North America.

Finnair expands connectivity in the UK with Flybe codeshares

Finnair is extending its network throughout the United Kingdom with new codeshare services on Flybe flights between several European cities and the UK. Finnair’s codes will be added to Flybe services when a Finnair flight is also included in the booking. Both airlines currently cooperate on Flybe operated routes between Manchester and eight regional airports …

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Texas Air Composites now operating as – Aviation Technical Services Components –

Aviation Technical Services (ATS) has finalized the transition of Texas Air Composites (TAC), located in Fort Worth, TX, to the ATS brand and has renamed the company ATS Components. TAC, a Domestic 145 Repair Station specializing in composite structural fabrication, support and repair for regional/business-, commercial-, and military-grade aircraft, has been operating as an ATS …

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