The share price of Air France-KLM at one point on Monday, July 9, rose 8.4 percent, the largest increase since 2017. The rise reflects the company’s 3.5 percent rise in passenger traffic for June. The share price peaked at €7.46 (US$8.73) and closed at €7.34 (US$8.59), up 6.34 percent. In addition to the positive uptick […]
Air France-KLM shares jump on rise in June passenger traffic Read More »
GE was awarded a US$437 million contract modification from the U.S. Air Force Life Cycle Management Center (AFLCMC) at Wright-Patterson Air Force Base June 29. The contract modification is for the execution of next generation adaptive propulsion risk reduction for potential air superiority applications. GE, along with the U.S. Air Force, has matured the enabling
GE awarded US$437 million contract for Adaptive Cycle Engine Read More »
Pattonair, a leading global supply chain provider to the aerospace industry, has been selected as one of the first group of UK companies to participate in the Access India Programme (AIP). Sponsored by the Government of India, the programme is the first of its kind to facilitate investments and market entry by small and medium
Pattonair to open Bangalore facility, selected for Access India Programme Read More »
PPG has begun qualification and shop trials for a family of aerospace sealants that are cured on demand using ultraviolet (UV) light, allowing for substantial reductions in process time, waste and costs while increasing efficiency. Based on PPG PERMAPOL® polymer technology and known in the industry as sealants cured on demand (SCOD), these proprietary sealants
PPG family of aerospace sealants cured with ultraviolet light undergoing qualification Read More »
WestJet announced June 2018 traffic results with a load factor of 83.6%, an increase of 0.7 points year over year. Traffic increased 8.5% year over year, while capacity grew 7.5% over the same period. WestJet welcomed an additional 120,000 guests in June, a year-over-year increase of 6.0%.
WestJet reports June load factor of 83.6% Read More »
Lease Corporation International (LCI), the aviation division of the Libra Group, has delivered a third new Leonardo AW169 helicopter to Elitaliana S.r.l. (Elitaliana) in Italy, fully equipped for Emergency Medical Services (EMS) operations. The helicopter enters service with Elitaliana on a long term operating lease from LCI, and joins two other AW169s delivered by LCI
LCI delivers third new EMS AW169 to Elitaliana Read More »
The Board of Directors and Shareholders of Dubai Aerospace Enterprise (DAE) have approved a bond repurchase program of up to US$300 million. Repurchases will be conducted through transactions in the open market. DAE also announced that pursuant to this approval it had repurchased US$43 million of its bonds maturing in 2024. DAE Managing Director Khalifa
DAE Board of Directors approve US$300 million bond repurchase program Read More »
BOC Aviation has reported its operational transactions for the second quarter ended June 30, 2018. At the end of the second quarter BOC Aviation owned and managed a portfolio of 324 aircraft, with an average aircraft age of 3.0 years and an average remaining lease term of 8.3 years for owned aircraft fleet, weighted by
BOC Aviation reports operational transactions for second quarter ended June 30, 2018 Read More »
EASA (European Aviation Safety Agency) Special Purpose Operator (Part-SPO) status has been achieved by Nova Systems UK, an arm of the Australian Nova Group. Using its EC135 helicopter G-NSYS, the Nova team has worked hard to deliver the safety systems and organisational structures required by the Agency. Nova now adds this important operating declaration to
Special Purpose Operator status awarded to UK flight test company Read More »
The Brazilian airline Avianca Brasil and Lufthansa Technik have signed a comprehensive Total Component Support (TCS®) contract, covering repair and overhaul of components for the fleet of Avianca Brasil. The fleets consist of Airbus A320 family and Airbus A330 long-haul jets. Component support of the Airbus fleet will be ensured through a home base stock
LHT signs component support contract with Avianca Brasil Read More »
