14 February 2017

25-year concession for Serbia’s Belgrade Airport– bids invited

As part of a 1.2 billion euro (US$1.27 billion) loan agreement with the International Monetary Fund (IMF) in 2015, a number of Serbian state-owned companies, including Belgrade’s Nikola Tesla Airport have had to be sold off. As a consequence, bids are now being invited for a 25-year concession for the capital’s international airport, the largest […]

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Pratt & Whitney expanding business in Columbus, Georgia

Pratt & Whitney will invest approximately US$386m in its Columbus, Georgia, facility to increase the production of parts and maintenance services and to reduce costs for new and existing engine programs. The investments will go toward the purchase of automated machinery and equipment upgrades and construction of two new buildings on the property. The building

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Liebherr-Aerospace opens new office in India

Liebherr-Aerospace has opened a new regional office in Bangalore on February 13, 2017. The opening underlines the aviation system supplier’s long-term strategy to increase its presence and to enlarge its footprint in India. The facility is ideally located in Whitefield, in the heart of Bangalore’s aerospace hub, and will employ staff with a solid industry

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Aircastle reports fourth quarter and full year 2016 results

Aircastle reported fourth quarter 2016 net income of US$67.7m and adjusted net income of US$70.5m. Net income for the year ended December 31, 2016 was US$151.5m and adjusted net income was US$168.5m. The fourth quarter results included lease rental revenues of US$191.7m, an increase of 3%, versus US$185.7m in the fourth quarter of 2015. For

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Dassault Aviation grants Falcon modification contract to Sabena technics

Dassault Aviation has selected Sabena technics as a partner for the modification of four Falcon 50 Ms aircraft belonging to the French Navy. The Falcon 50Ms aircraft carry out daily missions of surveillance and maritime rescue. After modification, the cabins will be equipped with a hatch which will allow a rescue boat (the SAR chain)

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MOMook signs agreement with Algiers Aviation Training School

MOMook, intelligent business and training management software developer, has signed a contract with a new client from North Africa – Algiers Aviation Training School (ATS). A two-year agreement was signed at the beginning of February. ATS provides pilot selection, ab initio and advanced aviation training courses. In order to ensure higher efficiency of available resources

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