11 May 2017

REX and AAPA celebrate graduation of first group of Vietnamese caded pilots

On May 12, Regional Express (Rex) will celebrate the graduation of the first group of Vietnamese cadets trained at its pilot academy, the Australian Airline Pilot Academy (AAPA) in Wagga Wagga, NSW. After 10 months of intensive training, the cadets are graduating with a Commercial Pilot Licence (CPL) with Instrument Rating – Multi Engine Aeroplane …

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BAA Training captures widest Full Flight Simulator network in Europe

BAA Training, one of the biggest aviation training centres in Northern Europe, now has more aviation training locations than ever before. It is able to provide training solutions for 18 types of aircraft on 54 Full Flight Simulators located in 27 places over Europe, North and South Americas, Africa and Asia. The IATA 20-year Air …

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SR Technics extends line maintenance capabilities for Airbus A350 and A320neo in Zurich and Geneva

SR Technics is expanding its line maintenance capabilities to accommodate two new Airbus families. As of April 1, 2017, the Zurich line station and as of May 1, the Geneva station has extended their capabilities of servicing the Airbus A350. Both Zurich and Geneva line stations are now also equipped to handle everything from routine …

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DVB Bank Group posts first quarter 2017 net loss of €-72.9m

DVB Bank Group (DVB), the specialist in international transport finance, reported a consolidated net loss before taxes of €83.8m in the first quarter of 2017 (previous year: net income of €25.9m). This was heavily influenced by a negative net result from financial instruments in accordance with IAS 39 (€-61.3m). Furthermore, reflecting market developments, additional allowance …

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