With the Italian flag-carrying airline running at a purported loss of one million euros per day (US$1.07m), Alitalia’s 2017-2021 business plan has revealed the company’s board has approved the cutting of staff numbers by 2,000 by the end of 2019. This is based on a 50 percent reduction in office staff and 20 percent in […]
Alitalia shedding 2,000 jobs in major cost-cutting exercise Read More »
Alaska Airlines has named Condor Airlines as its newest partner, giving members of its Mileage Plan more opportunities to earn and use miles on flights to Europe. Condor flies nonstop to Frankfurt, Germany from Seattle; San Diego; Las Vegas, Portland, Oregon, Anchorage and Fairbanks, Alaska; and Vancouver, British Columbia. Starting in June, Condor will add
Alaska Airlines adds Europe's Condor Airlines as mileage plan partner Read More »
Intrepid Aviation has concluded an agreement with Philippine Airlines for the long-term lease of two new B777-300ER aircraft, as a result placing the remaining two B777’s under its 2014 purchase agreement with Boeing. The aircraft are scheduled for delivery to the Philippine flag carrier in December 2017 and will support its growth and fleet modernization
Intrepid to lease two B777 aircraft to Philippine Airlines Read More »
Kaman Corporation reported that Eric B. Remington will become Vice President, Government Relations and Communications and James G. Coogan will become Vice President, Investor Relations effective April 1, 2017. Both officers will report to Robert D. Starr, Executive Vice President and Chief Financial Officer.
Kaman Corporation appoints two officers Read More »
Associated Air Center (AAC), StandardAero’s Large Transport Category VIP Completions Center, has completed the company’s 21st Airbus completion project with the redelivery of an ACJ 320 aircraft. In addition to this milestone, this redelivery also represents the company’s 22nd total completion – including both Boeing and Airbus wide body and narrow body aircraft programs –
Associated Air Center redelivers 21st Airbus VVIP aircraft completion Read More »
HEICO Corporation reported that its Board of Directors approved a 5-for-4 stock split on both its Class A Common Stock and Common Stock. This announcement marks HEICO’s 15th stock split or stock dividend since 1995. The stock split will be effected in the form of a 25% stock dividend on each class of the Company’s
HEICO Corporation declares 5-for-4 stock split Read More »
Aircraft Recycling International Limited (ARI) has acquired a 100% equity interest in Universal Asset Management (UAM), one of the leading global aviation services providers based in Tennessee, USA. UAM has nearly three decades of commercial and technical experience managing customers’ aviation assets, disassembling aircraft and supplying after-market components to the commercial aviation industry. With its
ARI fully acquires UAM Read More »
Embraer performed the maiden flight of the E190-E2 fourth prototype, on March 17, at the São José dos Campos facility. This aircraft will be used for specific interior tests such as cabin evacuation, environmental comfort and internal noise. The aircraft, serial number 20.004, will join the flight-test fleet, comprised of the first three E190-E2 prototypes,
Embraer flies fourth E190-E2 prototype and advances in certification campaign Read More »
Air Partner’s Aircraft Remarketing division (formerly Cabot Aviation), a leading aircraft remarketing agent, has arranged the sale of two B747-400 aircraft on behalf of China Airlines. The aircraft were sold on 3 March 2017 to Jet Midwest Group, a full-service commercial aircraft, engine and spare parts trading company offering complete end-of-life creative product support solutions.
Air Partner sells two B747-400s on behalf of China Airlines Read More »
BAA Training, European standard aviation training center, has signed a cooperation contract with International Flight Training Center Istanbul (ITFC Istanbul). The agreement covers lease of Airbus A320 and Boeing 737 FFS for BAA Training students’ training in Turkey’s capital. The one year-long contract will allow BAA Training’s pilot trainees from the surrounding regions to conveniently
BAA Training and IFTC Istanbul sign FFS lease agreement Read More »
