South Africa’s Pegasus Universal Aerospace, pioneer of the Vertical Business Jet (VBJ®) Pegasus One, has named Robbie Irons as its Chief Executive Officer. In this new role, he will help lead product development and lend strategic support to Founder and Chairman Dr Reza Mia as the business seeks to secure investment. Robbie Irons brings decades …
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Fly Leasing has contracted to sell a portfolio of 12 aircraft, comprised of Airbus A320s and Boeing 737s with an average age of eight years. “These sales are at an aggregate gain to book value, build free cash, reduce leverage, manage lessee concentration and lower the average age of FLY’s fleet,” said Colm Barrington, CEO …
Seabury Solutions, a subsidiary of New York-based Seabury Capital Group LLC, providing Information Technology solutions for the aviation industry, has added a new airline customer in Africa, Precision Air, for its solution to enhance the maintenance management of the carrier’s expanding fleet. The Tanzania-based airline, operating scheduled flights out of its main hub in Dar …
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Lufthansa Consulting (LCG) and the German Aerospace Center (DLR) have agreed to work more closely together in the future and have formed a strategic partnership. The aim of the cooperation is to translate new technologies and promising innovations developed by DLR into marketable and practical solutions, products and services, and to make them available to …
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StandardAero has extended its long-running relationship with aerospace and defense company Sierra Nevada Corporation (SNC) with the signing of a five-year agreement covering maintenance, repair and overhaul (MRO) support for the Pratt & Whitney PT6A and PW100 turboprop engines. StandardAero will support SNC from its Designated Overhaul Facility (DOF) in Summerside, PE, Canada, and its …
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Leonardo, through its subsidiary Vitrociset, has been awarded a radio replacement contract by ENAV, the Italian air navigation services provider. The agreement is a 5-year contract to replace ground-to-air communications equipment for airports and the supporting en-route infrastructure. Vitrociset has chosen the products of Northrop Grumman Corporation’s (NYSE: NOC) U.K.-based air traffic communications subsidiary, Park …
Leonardo and Northrop Grumman to update ENAV equipment to manage Italian airspace Read More »
Having previously cut the Boeing 737 MAX from its schedule until September 3, United Airlines (United) announced on Friday it has now removed the grounded jet from its operational schedule up until November 3, a month longer than several other North American carriers whose fleets include the troubled jet. “United has gone to great lengths …
Qatar Airways announced a significant order for 18 Gulfstream aircraft during a ceremony at the White House on July 9, 2019. The order worth over US$1 billion is for 14 Gulfstream G650ER and four Gulfstream G500 and will add to Qatar Executive’s growing fleet that currently includes six G650ER and four G500 aircraft. Qatar Executive …
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