15 February 2017

U.S. operations five-year investment exceeds US$4bn for GE Aviation

The subsidiary of General Electric, GE Aviation, has invested in the region of US$4.3bn over the past five years in its U.S. operations. Known as a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft, the company has been buoyed by record production of new-generation […]

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AeroVision International announces EMEA forward stocking location

AeroVision International (Muskegon, Michigan) will open a new forward stocking location to service customers in Europe, the Middle East and Africa in collaboration with B&H Worldwide, a leading aerospace logistics provider. “Our newly initiated warehouse will be adjacent to London’s Heathrow Airport, allowing customers outside of North America greatly improved access to AeroVision’s inventory of

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Royal Jordanian Airlines and Turkish Technic sign new co-operation agreement

Royal Jordanian Airlines will receive V2500 LRU components pool support from Turkish Technic, a subsidiary of Turkish Airlines. The services and spares that will be provided within the framework of the agreement will be based in Turkish Technic’s Istanbul base and supply stations throughout the world. The LRU components will be serviced in the state-of-the-art

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GOL signs sale and leaseback agreement for five Boeing 737 MAX 8 aircraft

GOL Linhas Aereas Inteligentes S.A. has signed a sale and leaseback agreement for five Boeing 737 MAX 8 Aircraft with AWAS. The five aircraft have a total value of US$550m and will be delivered between June 2018 and November 2018. Under the terms of the agreement the aircraft will be leased back for 12 years.

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Finnair Group reports full year 2016 results

Finnair Group revenue increased by 2.8% year-on-year to €2,316.8m compared to €2,254.5m in 2015 with 6.5% ASK growth. Excluding the sold travel agencies, revenue growth was 3.2%. Comparable operating result was €55.2m compared to €23.7m in 2015. Operating result was €116.2m compared to €121.7m in 2015, including the sales gain on one Airbus A350 widebody

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Garuda Indonesia to launch direct flight Jakarta – Moscow in August 2017

Garuda Indonesia plans to launch direct flights from Jakarta to Moscow in August 2017. Operated by Airbus A330-200, this route will be served 3 times a week. The plan was announced by the CEO & President of Garuda Indonesia M. Arif Wibowo in Jakarta, on February 14. In accordance with the potential increase in tourist

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IAI signs MOU with Taneja Aerospace & Aviation to manufacture Civil and Military aircraft crashworthy-seats in India

Israel Aerospace Industries (IAI), through its Golan Industries Division, and Taneja Aerospace & Aviation (TAAL) of India, have signed a Memorandum of Understanding (MOU) to cooperate in the development, production, marketing and/or sale of civil and military aircraft crashworthy-seats. The MOU was signed at the Aero India 2017 exhibition in Bangalore, India, by Shaul Shahar,

IAI signs MOU with Taneja Aerospace & Aviation to manufacture Civil and Military aircraft crashworthy-seats in India Read More »

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