May 8, 2019

France and Italy kick-off traditional European summer holiday strike season

As is becoming a regular occurrence, the arrival of the summer holiday season in Europe has seen the commencement of two commercial aviation-related strikes. This Friday, a number of airport staff, along with some employees of debt-ridden Alitalia, and Air Italy, will be going on strike between 12 noon and 4 p.m. local time, though […]

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Fraport Group’s new business year starts off successfully

Uncategorized

The Fraport Group has successfully started off the new business year, achieving higher revenue and earnings in the first three months of 2019. Supported by solid passenger growth at Frankfurt Airport and almost all of Fraport’s airports worldwide, Group revenue rose by 17.9% to €803.8 million. Adjusted for revenue in connection with capital expenditure for

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Lufthansa Aviation Training selects Reiser Simulation and Training for delivery of helicopter simulator

Aircraft & Engines

In the course of upcoming investments in new training equipment for pilot training and further education, Lufthansa Aviation Training (LAT) is cooperating with the manufacturer Reiser Simulation and Training in the field of helicopter simulation. This company is specialized in the production of helicopter full flight simulators of the type H145/H135 Level D. With the

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Maria Della Posta named President, Pratt & Whitney Canada

People

Pratt & Whitney has appointed Maria Della Posta as president of Pratt & Whitney Canada, effective June 1 and reporting to Pratt & Whitney President Bob Leduc. Della Posta succeeds John Saabas as president, Pratt & Whitney Canada, who has announced his retirement. Della Posta joined Pratt & Whitney in 1985 and progressed through roles

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Aergo Capital finances two B737-900ER with DVB Bank

Aircraft & Engines

Aergo Capital (Dublin & Hong Kong) has partnered with DVB Bank (London Branch) to finance two 2008 vintage Boeing B737-900ER aircraft, both subject to long term leases with Lion Air (Indonesia). Smith Gambrell & Russell acted as borrower counsel, A&L Goodbody acted as Irish transaction counsel and Blakes, Mochtar Karuwin Komar acted as Indonesian counsel

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Air BP to fuel air ambulance charities

Other News

Air BP, the international aviation fuel products and services supplier, will fuel air ambulance charities as it grows its portfolio of customers in the UK. In April, Air BP celebrated six months with its most recent emergency services contract signing, the Great Western Air Ambulance Charity (GWAAC). Air BP was selected as the new fuel

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Finnair reports April traffic up 17.8%

Traffic

In April 2019 Finnair carried 1.227.400 passengers, 14.8% more than in the corresponding period of 2018. The overall capacity increased in April by 19.6%. Finnair’s traffic increased by 17.8% and the passenger load factor (PLF) decreased year-on-year by 1.2% points to 81.4%.

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Aero Controls names new VP Sales and Marketing and controller

People

Aero Controls welcomes Scott Cooper as new Vice President of Sales & Marketing. In this role, he will be responsible for strategic initiatives driving total revenue generation through repair services, part distribution, aircraft teardowns, consignment, and engineering while reporting to Aero Controls CEO, Michael Olesik. Furthermore Aero Controls has appointed Xenia Aguinaldo to Controller. In

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Leonardo reports first quarter results

Financial, Uncategorized

Leonardo has released that at the end of the first quarter new orders amounted to €2,518 million and showed, compared to the first three months of 2018 (€ 2,164 million), an increase of 16.4%, mainly due to Defence Electronics & Security. Order Backlog, amounted to €36,575 million, increasing 9.6% compared to €33,360 million in 2018

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Inmarsat SB-S approved by U.S. Federal Aviation Administration