14 January 2019

Germany’s Frankfurt Airport braces itself for strike action

Frankfurt Airport, Germany’s largest, is set to become the next victim of a round of strikes organised by ver.di, the country’s second-largest union after IG Metall, which has over two million members and which represents 23,000 airport security workers. The union has organised a swathe of strikes that have hit airports across Germany, including Düsseldorf, […]

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Centrik revolutionises operational efficiency for Bournemouth Aviation Services

Aircraft maintenance provider Bournemouth Aviation Services has transformed the efficiency of its operations thanks to its new management system, Centrik. Handling all maintenance and repair of Pilatus PC-12 aircraft for parent company Jetfly, Bournemouth Aviation Services turned to Centrik at the start of 2018 to streamline its operational procedures, adding a more structured, centralised way

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Finnair opens new routes to Sapporo and Punta Cana for winter 2019/2020

As part of its growth strategy, Finnair will open a new route for the winter 2019/2020 season to Sapporo, Japan. Finnair will fly the new route from Dec 15 to March 27, with two weekly frequencies. Sapporo is well known as a great winter and skiing destination offering stunning landscapes and fantastic winter-themed activities in

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MTU Aero Engines Polska supplies 1000th low-pressure turbine for Pratt & Whitney GTF engine

MTU Aero Engines’ technology is in each and every geared turbofan (GTF) engine produced for the Airbus A320neo. Its Polish subsidiary, MTU Aero Engines Polska, started to assemble the first low-pressure turbine for the geared turbofan model PW1100G-JM about three and a half years ago. At the end of the year 2018, the MTU site

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BOC Aviation reports operational data for fourth quarter and year ended 2018

BOC Aviation has reported its operational update for the fourth quarter and year ended 31 December 2018.    Commenting on the operating results, Robert Martin, Managing Director and Chief Executive Officer, said “BOC Aviation celebrated its 25th year anniversary in 2018, which was another year of strong operational performance. We took delivery of 55 aircraft, including

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Virgin Atlantic and Stobart to buy U.K.’s Flybe for massively discounted £2.2m

A consortium comprising Virgin Atlantic, the infrastructure Stobart Group and investment firm Cyrus has agreed to buy ailing U.K. regional carrier Flybe for 1p per share against a closing price of 16.4p per share, representing an equity value of £2.2 million compared to Thursday’s closing market capitalization of £26 million. The new consortium will be

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TrueNoord acquires two Embraer E195 on lease to Azul

Regional aircraft leasing specialist TrueNoord has acquired two Embraer E195s on lease to Azul Linhas Aéreas Brasileiras S.A. Financing was provided under TrueNoord’s recent term loan warehouse facility supported by Morgan Stanley, NORD/LB Norddeutsche Landesbank and Barclays. Legal services were provided by Hogan Lovells and Stek. The aircraft were purchased with leases attached from CCB

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Brazilian Government approves strategic partnership between Embraer and Boeing

The Government of Brazil has approved the strategic partnership between Embraer and Boeing, that will position both companies to accelerate growth in global aerospace markets. The government’s approval comes after the two companies last month approved terms for the joint venture that will be made up of the commercial aircraft and services operations of Embraer.

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Vallair sells V2500-A5 engine to Sojitz Aerospace for part-out

Vallair, the mature aircraft and engine asset specialist, has closed the sale of a V2500-A5 engine to Sojitz Aerospace. The engine was previously flying on MSN974, an Airbus A321 which Vallair purchased from Aercap and leased to Onur Air. The run-out engine will now be dismantled for Sojitz Aerospace. Vallair continue to lease the airframe

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