7 January 2018

SIA Engineering Group posts profit of SG$74.3m for 1st half, FY2017-18

SIAEC Group has recorded a profit attributable to owners of the parent of SG$74.3mi or the half year ended 30 September 2017. The results for the same period last year included a gain from the divestment of the Group’s 10% stake in Hong Kong Aero Engine Services Ltd (HAESL) to RollsRoyce Overseas Holdings Limited (RROH) …

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West Star Aviation finalizes Embraer Service Center agreement

West Star Aviation has finalized its Service Center agreement with Embraer Executive Jets at its full-service state-of-the-art maintenance facility in Chattanooga, TN at KCHA. This agreement is for Embraer Base Maintenance on Phenom 100/300, Legacy 450/500 and Legacy 600/650. The Chattanooga facility will offer interior refurbishment, avionics, avionics installation and repair, inspections, part services, and …

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Norwegian makes changes to Group Management

Geir Karlsen is Norwegian’s new Chief Financial Officer (CFO). Karlsen comes from the position as Group CFO at the London-based shipping company Navig8 Group. He has extensive experience from listed companies within shipping and offshore. Norwegian’s acting Chief Financial Officer Tore Østby continues in the Group Management in a new position, as Executive Vice President …

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Embraer signs pool program contract with Widerøe for E-Jets E2

Embraer and Widerøe, the largest regional airline in Scandinavia and launch customer for the E190-E2, have reached an agreement on a Flight Hour Pool Program for the airline’s soon to be inducted E2 fleet. This is the first contract of its kind signed for the E-Jets E2, Embraer´s second generation of the E-Jets family of …

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Fraport Brasil begins operations at Fortaleza and Porto Alegre airports

Fraport Brasil (a wholly-owned subsidiary of Fraport AG) has started operations on January 2nd, at Fortaleza’s Pinto Martins International Airport (FOR) and Porto Alegre’s Salgado Filho International Airport (POA). The operational takeover follows the completion of the required joint transition period with Infraero, the state-owned authority that previously ran both airports. Fraport AG won the …

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