8 October 2018

Air France offers pilots 4% pay raise – SNLP union remains silent

Air France’s new Chief Executive, Ben Smith, has wasted no time in tackling the wage negotiation problem that has beleaguered the French carrier and seen the downfall of its previous Chief Executive, Jean-Marc Janaillac, who resigned back in May. Having previously worked with Air Canada, Smith has proposed a two percent pay raise backdated to […]

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Liebherr-Aerospace Toulouse SAS cooperates with IoT Valley

Liebherr-Aerospace Toulouse SAS, Liebherr’s center of excellence for air management systems for the aviation industry, joins forces with IoT Valley via a partnership initiated in July 2018. This initiative is in line with the company’s global innovation drive. Innovation is a major topic at Liebherr-Aerospace Toulouse SAS. A global innovation drive was thus instigated to

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SAS presents 2019 summer program – 6 new destinations and 17 new direct routes

SAS is continuing to strengthen its offer by opening 17 new direct routes from Scandinavia in summer 2019 and 6 totally new destinations – Catania, Florence, Marseille, Cornwall Newquay, Szczecin and Antalya. Demand for summer travel is increasing. SAS is therefore offering a number of new direct flights and destinations in summer 2019 and increasing

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CDB Aviation closes US$700 million secured portfolio financing

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has successfully closed a secured portfolio financing facility for US$700 million, covering a fleet of 19 Airbus and Boeing aircraft. “Diversifying financing sources at a competitive cost of capital is a key objective for CDB Aviation, and we appreciate the

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SkyQuest International reports third quarter aircraft sales

SkyQuest International has announced their aircraft sales for the third quarter of 2018. SkyQuest has sold one CASA 212-300 (Serial Number 212-379) on behalf of AAR Airlift Group (United States) to Skydive Paraclete (United States). One Cessna 402C (Serial Number 402C-0233) on behalf of Ryan Air (United States) to Chartair Pty Ltd (Australia) and one

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Lufthansa Technik establishes Additive Manufacturing Center

Lufthansa Technik has set up an Additive Manufacturing (AM) Center with the aim of bundling and expanding the competence and experience the company has gained using this technology in the past. Additive manufacturing is often referred to as 3D printing. In addition to an unrivaled degree of freedom in designing the parts, additive manufacturing produces

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Héroux-Devtek completes acquisition of CESA

Héroux-Devtek a leading international manufacturer of aerospace products, has successfully completed the acquisition of Compañia Española de Sistemas Aeronáuticos, S.A. (CESA), a subsidiary of Airbus SE for a purchase price of €137 million (approximately CA$206 million) enterprise value, including CESA’s net outstanding debt of €23 million euros (approximately CA$35 million), subject to customary closing adjustments.

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