With Airbus still in discussions with Bombardier and the Canadian Government over its intended acquisition of a 50.01% stake in the ailing C Series project, the French plane maker has announced its intention to squeeze supplier prices for future C Series planes. The intention is to try and make the cost of manufacture of the […]
Airbus Looks to Reduce Supplier Costs to make C Series Profitable Read More »
Norwegian has announced that total traffic for February has grown by 32% and total capacity has increased by 35%, compared to February 2017. The load factor was 84.3%, down two percentage points when compared to the previous year.
Norwegian reports 11% passenger growth in February Read More »
Bombardier reported that it has entered into an agreement with a syndicate of underwriters, led by Credit Suisse Securities (Canada), National Bank Financial, UBS Securities Canada and TD Securities (collectively “the Underwriters”) under which they have agreed to purchase on a bought deal basis from Bombardier 168,000,000 Class B shares (subordinate voting) of Bombardier (the
Bombardier to issue Cdn$638.4m (approximately US$500m) of equity Read More »
The Eirtech Aviation Services Cargo Bay Surveillance System (CBSS) has been selected for installation on a fleet of Cargo Aircraft for a European based operator in the coming weeks. The Eirtech solution allows airlines to have real time visibility throughout the aircraft, during loading, unloading and during flight. This increases security, safety and protects against
UK-based MAC Interiors is getting ready to release Med-View Airlines’ Boeing 767 aircraft following a full cabin modification project. MAC, mostly known for its individual project supplies, has successfully served as a total technical care partner to Med-View covering every spot throughout the aircraft and making sure it is airworthy – both inside and out.
MAC Interiors to complete whole cabin modification project for Med-View Airlines Read More »
Icelandair Group’s Board of Directors has decided to execute a share repurchase program in order to reduce the share capital of the Company. This decision was made following authorisation given by the Annual General Meeting on the 3rd of March 2017, which gave the Board of Directors permission to execute a share repurchase program where
Icelandair Group to execute share repurchase program Read More »
IFS, the global enterprise applications company, has hired Darren Roos as the Chief Executive Officer of IFS. The appointment is effective April 1, 2018 and aligns with the retirement of Alastair Sorbie at the end of the first quarter 2018. Roos is a proven enterprise software leader, with a track-record for establishing and scaling global
Darren Roos appointed as CEO of IFS Read More »
Start-up Firnas Airways is busy working on its regulatory check-list and securing the necessary finance to formally launch what will be the UK’s newest independent regional airline. It is targeting a third quarter start, initially serving short haul charter services with 19-seat BAE Jetstream 31 aircraft. One aircraft is already painted in its colour scheme
Start up Firnas Airways to serve UK domestic and short haul European routes Read More »
Cathay Pacific and Air Astana have announced an agreement that will enhance travel options for Cathay Pacific customers traveling to and from Kazakhstan and for Air Astana customers traveling to and from destinations in Asia and Australia via the airlines’ hubs in Hong Kong and Almaty respectively. Commencing March 15, 2018, Cathay Pacific will place
Cathay Pacific and Air Astana announce new codeshare partnership Read More »
Independent MRO provider Monarch Aircraft Engineering (MAEL) has announced it will double its intake of apprentices in 2018. First launched in 1971, MAEL’s renowned four-year Apprenticeship Scheme has already produced over 750 high calibre engineers for both the company and the wider aviation industry, and this year will double its intake from 20 to 40
Monarch Aircraft Engineering doubles size of apprenticeship scheme for 2018 Read More »
