May 27, 2019

Boeing confirms Embraer’s name to disappear from commercial jet joint venture

Boeing has confirmed that once it takes an 80% stake in Brazil’s Embraer SA’s commercial jet division, the name Embraer is to be dropped completely and the company will be called Boeing Brasil – Commercial. This will see one of Brazil’s most iconic company names disappear from commercial jet manufacturing, despite Embraer retaining a 20% […]

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Training center of Lufthansa Aviation Training Austria is expanding

Other News

Lufthansa Aviation Training Austria is expanding its training facility in Vienna in the field of pilot training, creating space for additional modern training devices used in the training of pilots. Lufthansa Aviation Training (LAT) gave the go-ahead at the beginning of the year for the expansion of the training site of Lufthansa Aviation Training Austria

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French Ministry of Armed Forces brings development of future Joint Light Helicopter forward

Military & Defense

The French Minister of the Armed Forces, Florence Parly, has announced that the launch of the Joint Light Helicopter (Hélicoptère Interarmées Léger; HIL) programme has been brought forward to 2021. The HIL programme, for which the Airbus Helicopters’ H160 was selected in 2017, was initially scheduled for launch in 2022 by the current military budget

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Safran to implement €2.3 billion ordinary share buyback program

Financial

Safran intents to implement a €2.3 billion ordinary share buyback program to run over the two years following completion of the tender offer for Zodiac Aerospace shares. To date, Safran already contributed 14.5 million shares to its program for a total of €1.6 billion euros. On May 27, Safran has entered into an agreement with

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Petroleum Air Services (PAS) takes off with AMOS

Information Technology

Swiss-AS and Petroleum Air Services have signed agreements regarding the purchase and implementation of AMOS. PAS was searching the market for a fully integrated turnkey solution that provides the option to adapt to new requirements without changes to the source code and reached the conclusion that AMOS provided the best-fit solution for their requirements. AMOS

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Air New Zealand has signed a landmark deal with Neste for SAF © Air New

Air New Zealand invests in new fuel-efficient Boeing 787-10 Dreamliner

Aircraft & Engines, Top Stories

Air New Zealand has decided to invest in new fuel-efficient aircraft with the purchase of eight Boeing 787-10 Dreamliner aircraft powered by GE Aviation’s GEnx-1B engines. At today’s list prices, the agreement represents a value of US $2.7 billion. As is usual with such orders, Air New Zealand has negotiated a significant discount on current list prices

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Macquarie Group appoints Kate Vetch as Head of Compliance in EMEA

People

Kate Vetch has been appointed as the new Regional Head of Compliance for Macquarie Group in Europe, the Middle East and Africa (EMEA), subject to regulatory approvals. This will take effect from early September 2019. Vetch will join Macquarie as an Executive Director and will sit on the EMEA Management Committee alongside Paul Plewman, the

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S7 Technics provides newly painted livery for Air Astana Embraer E190

MRO & Production

S7 Technics’ Mineralnye Vody-based aircraft painting centre has completed its first work on an Embraer aircraft. Air Astana dispatched one of its Embraer E190s to Mineralnye Vody for a planned refreshing of its paint under a long-term contract with S7 Technics. The aircraft is the fifth in Air Astana’s fleet to have been painted by

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Fraport increases stake in Lima Airport to 80%

Financial

Fraport has increased its stake in Lima Airport Partners S.R.L. (LAP) – operator consortium of Jorge Chavez International Airport Lima – to 80%. Fraport took over 10% from AC Capitales’ Infrastructure Fund, which held the stake for over 10 years. The acquisition raises Fraport’s majority ownership in LAP from 70.01% to 80.01%. The share deal

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BOC Aviation places six aircraft with Vistara

Aircraft & Engines

BOC Aviation has placed four Boeing 737-800 NG aircraft with Vistara. The aircraft include two from the managed fleet – and two Airbus A320neo aircraft with Indian carrier Vistara. All Boeing 737-800 NG aircraft are scheduled for delivery in May 2019. The two Airbus A320neo aircraft will be delivered in the second half of 2019

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