28 June 2018

ERA welcomes revised EU aviation safety regulation and rules for civil drones

ERA (European Regions Airline Association) has welcomed the adoption of the updated EU aviation safety rules by the European Council which aim to increase efficiency and lower costs, while bringing greater competitiveness and less administration for airspace users. The new rules include first ever EU-wide rules for civil drones of all sizes. ERA supports any […]

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Southwest Airlines and AMFA reach Tentative Agreement for mechanics and related employees

Southwest Airlines has reached a Tentative Agreement with the Aircraft Mechanics Fraternal Association (AMFA), which represents the Company’s 2,400 Employees in the aircraft mechanics and related workgroup. The agreement gives employees improved compensation, a ratification bonus, and updated work rules. “We’re glad our Employees will have the opportunity to vote on this Tentative Agreement, as

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Spirit AeroSystems expands manufacturing operations in Subang, Malaysia

Spirit AeroSystems has officially opened its new logistics warehouse at its manufacturing operations in Subang, Malaysia. The 50,000-ft² facility will accommodate increasing volumes of assembly work on aerostructure components for commercial airliners. The expansion will free up other manufacturing space and improve the site’s capacity to rapidly build complex aerostructures for high-rate production programs at

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Embraer delivers Asia Pacific’s first Phenom 300E to Nothern Escape Collection

Embraer has delivered its first Phenom 300E in Asia Pacific to Northern Escape Collection. The new light jet model, which is an enhancement of the Phenom 300, offers Northern Escape Collection an elegant solution to provide their guests access to its collection of private lodges in Queensland including Orpheus Island Lodge, Daintree Ecolodge and Mt

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Turkish Airlines introduces wireless In-Flight Entertainment system

Turkish Airlines has launched a brand new wireless In-Flight Entertainment system developed by Turkish engineers in cooperation with Turkish Technic Inc. and Havelsan. The new entertainment system is now available on the flag carrier’s 44 narrow body aircraft via passengers’ personal electronic devices. “We keep striving to make our passengers’ entire journey more enjoyable with

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TUI successfully issues certificate of indebtedness with total volume of €425 million

TUI successfully issued a certificate of indebtedness with tenors of five, seven and ten years including fixed and floating rate tranches. The average tenor of the transaction amounts to 6.4 years. Due to very strong investor demand the initially announced volume of €200 million was significantly oversubscribed and TUI decided to upsize the deal to

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