Boeing has announced that it has entered into a definitive agreement to acquire KLX Inc. excluding KLX Inc.’s Energy Services Group. KLX is a major independent provider of aviation parts and services within the aerospace industry. The intention is for KLX to become fully integrated with Boeing’s Aviall in order to broaden the scope of […]
Boeing pays US$4.25bn to Acquire Aerospace Parts Distributor KLX Inc. Read More »
Dubai Aerospace Enterprise (DAE) has signed its first maintenance agreement with Turbine Services & Solutions (TS&S), an engine maintenance, repair and overhaul (MRO) provider for gas turbines and driven equipment that is wholly owned by Mubadala Investment Company PJSC. Announced during the Global Aerospace Summit in Abu Dhabi, the contract will enable TS&S to service
DAE signs maintenance agreement with TS&S Read More »
Boeing and Uzbekistan Airways, the flag carrier of the Republic of Uzbekistan, have finalized an order for one 787-8 Dreamliner, valued at US$239m at current list prices. Uzbekistan Airways currently operates two Dreamliners on international routes, including Europe, Southeast Asia, Japan and USA. With this latest order, the carrier will add five more Dreamliners as
Uzbekistan Airways finalizes order for one 787-8 Dreamliner Read More »
Heathrow Airport has had a record start to the year, with Passengers and trade flowing through Heathrow soared to record highs, as Heathrow climbed the global airport rankings coming in as the seventh best airport in the world and retaining the top spot in Western Europe for the fourth year running at the annual Skytrax
Heathrow Airport reports strong start to 2018 Read More »
AAR has announced a strategic partnership with Sumitomo Precision Products (SPP), to provide global support to airlines and MRO customers for the IAE V2500 Pneumatic Starter and Starter Air Valve. AAR’s OEM Aftermarket Solutions group will utilize its global customer support team and warehousing network to provide exceptional customer support for the starter, starter air
Air Canada has posted first quarter 2018 EBITDAR (earnings before interest, taxes, depreciation, amortization, impairment and aircraft rent) of CA$397m compared to first quarter 2017 EBITDAR of CA$366m. Air Canada reported an operating loss of CA$14m compared to an operating loss of CA$30m in the first quarter of 2017. The airline reported an adjusted pre-tax
Air Canada reports first quarter adjusted net loss of CA$52m Read More »
IFS, the global enterprise applications company, has launched IFS Maintenix™ Fleet Planner and IFS Maintenix Line Planner, two Software-as-a-Service (SaaS) solutions designed to help commercial operators of all sizes boost the efficiency of their long-range and line maintenance planning, make the most effective use of available maintenance resources, and drive greater aircraft operational availability. The
SkyWorks Capital has appointed Olaf Sachau to serve as Managing Director. Sachau will be based in the Company’s headquarters in Greenwich, Connecticut. He will support origination and execution of advisory and other engagements with airlines and financial institutions worldwide, as well as the development of relationships with investors seeking to enter the aviation financing sector
SkyWorks appoints Olaf Sachau as Managing Director Read More »
A strategic partnership between AJW Group and COMAC has seen the first advanced regional jet developed by the Chinese manufacturer successfully complete crosswind testing at Iceland’s Keflavik International Airport. COMAC’s ARJ21 aircraft has been flying since June 2016 and the completion of these tests will now enable COMAC to broaden the operating parameters of the
AJW Group facilitates first COMAC aircraft crosswind testing at Keflavik Read More »
Bombardier Commercial Aircraft has concluded a firm order for 10 new Q400 aircraft with Ethiopian Airlines. The order also includes purchase rights for five additional Q400 aircraft. Based on the list price of the Q400 aircraft, the firm order is valued at approximately US$332m. The Q400 aircraft is the most recent development in the Q
Ethiopian Airlines signs purchase agreement for 10 firm Q400 aircraft Read More »
