In an attempt to find a solution to clogged city roads and to provide an opportunity for growth in Germany’s high-tech industry, Volkswagen’s Audi and Airbus SE have signed a letter of intent with the German government to trial air taxis both in and around Audi’s home town of Ingolstadt. According to Germany’s Transport Minister […]
Volkswagen’s Audi and Airbus to test air taxis on Audi’s doorstep Read More »
Doric has officially established its presence in Asia Pacific with the opening of an office in Hong Kong, one of the world’s largest financial hubs. Doric is an investment manager focused on aircraft and real estate. Doric’s ethos is to balance ongoing cash flow distributions with long term capital preservation. Established in 2005, Doric has
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The board of Israel Aerospace Industries (IAI), chaired by Harel Locker, has approved the recommendation of IAI’s search committee and has named Brigadier General (Res.) Nimrod Sheffer, IAI’s VP of Strategy and R&D, as IAI’s new CEO. Sheffer will replace Mr. Joseph Weiss, who is stepping down after reaching the statutory retirement age. The nomination
Allegiant Travel Company has announced plans to establish a two-aircraft base at McGhee Tyson Airport in Knoxville, Tennessee. As part of Allegiant’s growth plans in Tennessee, the company plans to create up to 66 new, high-wage jobs in the area. The Las Vegas-based company is investing more than US$50 million to establish its new base
Allegiant plans aircraft base in Tennessee, new jobs and future growth Read More »
Bombardier will reinforce its partnership with the Downsview Aerospace Innovation and Research Consortium (DAIR) to establish an aerospace hub in Toronto’s Downsview area. Through a multi-million dollar contribution, Bombardier will focus on three main goals: supporting DAIR’s academic and research activities, supporting DAIR’s operations, and preserving the aerospace heritage of the site. Starting this year,
Bombardier signs agreement with DAIR to spur innovation in Ontario’s aerospace sector Read More »
Airbus Helicopters has delivered the first two of a total of six H145 helicopters to Swiss Air-Rescue Rega. These will replace Rega’s existing fleet of EC145 helicopters, which will be phased out by mid-2019. The first H145 helicopter is expected to be deployed at the Bern base in October. Over a period of 15 years,
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The second brand new Airbus A330 from Hi Fly’s direct order has successfully completed its first flight in Toulouse on June 21, on time for an expected delivery in late July. The flight program included testing the aircraft for stability and controllability and checking the efficiency of the on-board equipment in all extreme configurations. The
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AJW Group has announced that it is investing in the expansion of its AOG service. AJW’s decision to expand its AOG team follows extensive consultation with its airline customers. The increased capacity will ensure faster response times to delivering the right part to the right place to minimise the disruption and impact of aircraft on
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