Ethiopian authorities have released the preliminary findings into the crash of a Boeing 737 MAX 8 jet which crashed just after take-off on March 10, killing all 157 passengers and crew on board. It has been confirmed that the jet’s crew followed guidance provided by Boeing on how to fly the plane, also in emergency […]
AJW Group has signed a Pool Access Agreement with private and business jet aviation services provider, TAG Aviation. The contract covers TAG Aviation’s Boeing 757 aircraft, which is operated in a VIP configuration offering high-end, round-the-world tours. The news marks the extension of an existing relationship between TAG Aviation and AJW Group, with the lease
AJW Group signs Pool Access Agreement with TAG Aviation for Boeing 757 aircraft Read More »
Qantas Freight will lease two Boeing 747-8F freighter aircraft, offering greater capacity and improved efficiency for its global freight customers. The next-generation freighters will replace the current two Boeing 747-400F that are currently operated on Qantas’ behalf by Atlas Air and will be painted in Atlas livery. The 747-8F features a longer fuselage than the
Qantas Freight to lease two Boeing 747-8Fs Read More »
The Liebherr Group notched up a turnover of €10,551 million in 2018, breaking through the €10 billion barrier for the first time in the company’s history. This represents an increase of €739 million, or 7.5 %, compared with the previous year. The Liebherr Group achieved a net profit of €321 million in 2018, slightly above
Liebherr Group achieves over €10 billion in annual turnover for the first time Read More »
Latvian airline airBaltic continued its growth in 2018 and achieved strong financial results. According to the 2018 financial year, airBaltic achieved €400 million revenue, while net income grew by more than 40% compared to 2017, reaching €5.4 million. Martin Gauss, Chief Executive Officer of airBaltic commented: “For the sixth year in a row we are
airBaltic reports profit of €5.4 million in 2018 Read More »
Aernnova has completed the acquisition of Structural Integrity Engineering (SIE), an aircraft engineering company headquartered in Chatsworth (California) with regional offices in Seattle (Washington) and Madrid (Spain). With this acquisition, Aernnova reinforces its growth strategy in North America and adds engineering and certification expertise that complements its aeronautical engineering division and DOA services. Dr. Matt
Aernnova acquires Structural Integrity Engineering Read More »
On Apr 3rd, the new facilities of GAMECO Parts Manufacturing Center (PMC) were officially put into operation. Specializing in developing and manufacturing of aircraft parts, PMC has attracted excellent talents in aeronautic major and professional technician with rich engineering experience. The new site covers an area of nearly 6,000 m² with appropriate layout and well-equipped
New facilities of GAMECO PMC officially put into operation Read More »
Barton Budman has joined Ascent Aviation Services as Chief Financial Officer (CFO). In his new position Budman will report directly to Dave Querio, President, assuming responsibility for management of all aspects within the finance/accounting departments. Budman holds dual degrees in accounting and finance as well as a Master’s in Business Administration from the University of
Ascent Aviation Services welcomes new CFO Read More »
SkyWorks Holdings announced transactions performed during the first quarter 2019 for its Leasing & Asset Management Group: On behalf of a US investor, SkyWorks arranged the sale of two A319 aircraft and four A320 aircraft on-lease to Delta Air Lines. SkyWorks was retained by a second US investor to arrange a portfolio sale of three
SkyWorks reports first quarter 2019 transactions Read More »
