5 July 2017

African market’s fastjet acquires IP rights from easyGroup

As it looks to consolidate its foothold in the African commercial airline market, fastjet has acquired all intellectual property rights from easyGroup. Up until now the carrier had paid royalties to the easyGroup and Sir Stelios Haji-Ioannu, who established the brand in 2013. fastjet has paid the sum of £2.5 million (US$3.2 million), which represents […]

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Lufthansa and Fraport sign agreement on cost savings and further growth

Deutsche Lufthansa AG and Fraport AG have signed a first agreement on short-term cost savings. The partners are thus creating the right conditions for the further growth of Lufthansa at Frankfurt Airport. The agreement will also provide the basis for further discussions regarding a medium and long-term partnership. In the future, Lufthansa and Fraport are

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Thirteen airports in Mexico to implement Rockwell Collins’ ARINC passenger reconciliation system

Rockwell Collins’ ARINC VeriPax has been selected by Grupo Aeroportuario del Centro Norte, known as OMA, for the implementation of the passenger reconciliation system in the 13 airports that OMA operates in Mexico. The project will facilitate the security process at the airports by automatically screening passengers against the flight information systems using real-time data,

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China Aviation Supplies Holding Company signs GTA for 140 Airbus aircraft

China Aviation Supplies Holding Company (CAS) has signed with Airbus a General Terms Agreement (GTA) for the purchase of a total of 140 aircraft. The agreement comprises of 100 A320 Family aircraft and 40 A350 XWB Family aircraft, reflecting the strong demand of Chinese airlines in all market segments including domestic, low cost, regional and

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StandardAero and Airbus enter into exclusive negotiations for aquisition by StandardAero of Vector Aerospace Holding

StandardAero Aviation Holdings and Airbus have entered into exclusive negotiations with respect to an acquisition by StandardAero of Vector Aerospace Holding SAS from Airbus. Vector is a global aerospace maintenance, repair and overhaul company, providing responsive, quality support for turbine engines, components, fixed- and rotary-wing aircraft. A truly international company, it generated revenues of US$

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GGB Bearing Technology’s EP43 passes FAA compliance requirements

GGB Bearing Technology, a global leader in high performance bearing solutions, recently added EP43 self-lubricating engineered plastic bearings to its growing list of Federal Aviation Administration (FAA)-approved products. GGB’s EP43 passed FAA compliance requirements in a variety of flammability and toxicity tests for interior aircraft certification, making it suitable for interior aircraft applications such as

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CAM to lease three 767s to Northern Aviation Services

Air Transport Services Group, said its subsidiary, Cargo Aircraft Management, has reached agreement with Northern Aviation Services for the lease of three Boeing 767-300 freighters to be operated by subsidiary Northern Air Cargo. The aircraft will provide service to its cargo brands Aloha Air Cargo based in Hawaii, StratAir based in Florida, and Northern Air

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Israel Aerospace Industries signs strategic teaming agreement

Israel Aerospace Industries and Wipro Enterprises have entered an agreement to collaborate in manufacturing of composite aero structures in India’ including establishing a facility for this purpose. Among others, the agreement stipulates that IAI will transfer technology and assist Wipro in building a plant for manufacturing and assembly of aero structures for the civilian aerospace

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SkyQuest International announces multiple aircraft sales

SkyQuest International reported the sale of multiple aicraft in the months of May and June, including: two de Havilland DHC-6-300 turboprop aircraft (serial numbers 296 and 369) on behalf of the Provincial Investments based out of Newfoundland, Canada. The aircraft were sold to Divi Divi Air based out of Curaçao. Furthermore one Beechcraft 99 acquired

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