Loftleidir Cabo Verde has acquired 51% of the shares of Cabo Verde Airlines. Loftleidir Icelandic, which is a subsidiary of Icelandair Group, holds a 70% stake in Loftleidir Cabo Verde, and other investors 30%. The acquisition of Cabo Verde Airlines does not have a significant effect on Icelandair Group’s financial statements since Cabo Verde Airlines […]
Loftleidir Acquires Majority of Shares of Cabo Verde Airlines Read More »
March 4th has seen the first initialing of an aviation agreement between the European Union (EU) and the State of Qatar which will upgrade the rules and standards for flights between Qatar and the EU. This will also be seen as a new global benchmark by committing to fair and robust competition mechanisms along with
EU and Qatar initial first EU-Gulf partner agreement Read More »
Specialist aircraft component support providers, Bii have appointed two new Regional Directors to capitalise on a business growth trajectory that saw significant expansion in 2018. Cesar Pahl and Marco Pozzato have joined the Bii sales team to provide dedicated customer support for the regional commercial aircraft sector. Cesar Pahl will utilise his extensive experience of
Bii introduces new Regional Directors Read More »
Aero Capital Solutions (ACS), a mid-life aircraft leasing platform, has successfully closed its first aviation investment vehicle with total aggregate equity commitments of US$200 million. Investors include a broad group of sophisticated investors, registered investment advisers, and single and multi-family offices. In addition to the US$200 million of equity, ACS closed on a US$400 million
Aero Capital Solutions Raises First Aviation Investment Vehicle Read More »
Swiss-AS has reported the successful go-live of AMOS at Malaysia Airlines. The national carrier of Malaysia signed for AMOS at the end of September 2017 and went live with AMOS in just 14 months later while now managing more than 100 end-to-end processes with AMOS. Malaysia Airlines undertook a strategic project to transform and optimize
Malaysia Airlines takes off with AMOS Read More »
Turkish Airlines and Oman Air have updated their codeshare agreement. This will allow Turkish Airlines to codeshare on Oman Air operating flights to Salalah, while Oman Air will codeshare on Turkish Airlines’ flights to Rome, Copenhagen and Algiers. Turkish Airlines and Oman Air currently operate one daily flight each on the Muscat-Istanbul route. These flights
Turkish Airlines and Oman Air extend codeshare agreement Read More »
GECAS has delivered AEI’s inaugural passenger-to-freighter converted 737-800 to Ethiopian Airlines, national flag carrier of Ethiopia. Completing the conversion of the prototype aircraft in December, Aeronautical Engineers Inc (AEI) has now received the supplemental type certification (STC) from the US Federal Aviation Administration for their 737-800SF. In 2015, GECAS became the conversion program launch customer of
GECAS Delivers AEI’s First 737-800 Converted Freighter to Ethiopian Read More »
Various management changes have been made in the international network of Lufthansa Technik. On January 25, Torsten Raabe became the new CEO of Lufthansa Technik Sofia (LTSF). Futhermore, from March 1 Benjamin Scheidel took over the CEO position from Detlev Jeske at Lufthansa Technik Shenzhen (LTS). At LTSF, Torsten Raabe succeeded Daniel Hoffmann, who was
Lufthansa Technik appoints new CEO’s for LHT Sofia and LHT Shenzhen Read More »
Airbus Helicopters is unveiling a new version of its H145 light twin-engine helicopter at Heli-Expo 2019 in Atlanta. This latest upgrade brings a new, innovative five-bladed rotor to the multi-mission H145, increasing the useful load of the helicopter by 150 kg while delivering new levels of comfort, simplicity and connectivity. The H145’s new five-bladed rotor
Airbus Helicopters unveils new H145 at Heli-Expo 2019 Read More »
Magnetic MRO has completed the acquisition of Direct Maintenance, an Amsterdam-based independent MRO provider that’s specialized in Line Maintenance for narrow- and wide-body aircraft. The deal adds Airbus A380 and Boeing 787 to Magnetic MRO group’s capabilities, and doubles its global line stations network while allowing the Dutch company to keep the Direct Maintenance brand.
Magnetic MRO acquires Dutch Direct Maintenance, enters wide-body market Read More »
