The Lufthansa Innovation Hub (LIH) opened its first foreign office in Singapore on Monday, 28thof January. The expansion of the aviation group’s digitalization and innovation unit, established in 2014, is a strategic response to the rapidly increasing importance of the Asian technology sector for the future of travel and mobility. The focus of the LIH […]
Lufthansa Innovation Hub opens first foreign office in Singapore Read More »
GKN Fokker has signed an agreement with Pratt & Whitney for the initial production of advanced composite parts for the F135 engine, which powers the fifth generation F-35 Lightning II fighter aircraft. Manufacturing will take place at GKN Fokker in Hoogeveen, the Netherlands. This contract expands GKN Aerospace’s involvement in the F135 program and reinforces
GKN Aerospace and Pratt & Whitney sign agreement Read More »
Marion Siuta will join TrueAero’s leadership team as Senior Vice President of Acquisitions. Siuta’s purview includes sourcing mid- to end of life aircraft and engines for part out and lease, while helping to grow TrueAero’s line of technical service offerings. Siuta brings over 30 years of technical and commercial experience to TrueAero, having held leadership
Marion Siuta joins TrueAero Read More »
The first Trent 1000 engine repaired at Delta TechOps’ engine overhaul facility in Atlanta, Georgia is ready to return to service. Delta TechOps is a Trent Authorised Maintenance Centre. The first Trent 1000 engine was taken into the facility in late 2018. As well as completing the engine shop visit, engineers took the opportunity to
Rolls-Royce Trent 1000 programme accelerates with Delta TechOps Read More »
MAC Aero Interiors enters the Chinese aircraft cabin interiors market by establishing a Joint Venture with Benniao Aviation. The newly launched MAC Sichuan will be providing cabin total technical care support to Chinese aircraft owners and operators. The new company, MAC Sichuan is established in the Chinese province of Sichuan which hosts one of the
MAC Aero Interiors launches subsidiary MAC Sichuan Read More »
Boeing has reported fourth-quarter revenue of US$28.3 billion, GAAP earnings per share of US$5.93 and core earnings per share (non-GAAP) of US$5.48. These results reflect record commercial deliveries, higher defense and services volume and strong performance which outweighed favorable tax impacts recorded in the fourth quarter of 2017. Boeing generated operating cash flow of US$2.9 billion,
Boeing commercial airplanes fourth-quarter revenue increase to US$17.3 billion Read More »
A group of significant players in the aviation industry are cooperating to form a new alliance in the field of aircraft modification. As leading companies in the retrofit industry, EAD Aerospace, Envoy Aerospace, Etihad Airways Engineering and Lufthansa Technik have signed a Memorandum of Understanding (MoU) to form the Independent Aircraft Modifier Alliance (IAMA). IAMA
Group of players in the aviation industry cooperate to form new alliance Read More »
TrueNoord, the specialist regional aircraft lessor, has leased five new ATR 72-600s to InterGlobe Aviation (IndiGo). The first two aircraft were delivered at the end of December with the remaining three integrating with the fleet in the coming months. Financing was provided under TrueNoord’s recent term loan warehouse facility supported by Morgan Stanley, NORD/LB Norddeutsche
TrueNoord leases five new ATR 72-600s to IndiGo Read More »
The Chicago-based parts trading company Aero Trade is going through a rebranding and warehouse relocation. The extensive stock of Airbus and Boeing Rotables, as well as the multiple APUs for their lease and teardown programs needed more space. The success of the last two years made a purchase and move to a state of the
Aero Trade now doing business as Setna iO Read More »
ANA HOLDINGS will invest US$95 million in PAL Holdings and acquire 9.5% of PAL Holding’s outstanding shares. PAL Holdings is the parent of Philippine Airlines (PAL), the Philippine flag carrier. ANA HD will acquire the shares from Trustmark Holdings Corporation, which is owned by the Lucio Tan family and is the largest shareholder of PAL
ANA takes 9.5% stake in PAL Read More »
