August 19, 2019

Embraer to expand its Eugênio de Melo unit, in São José dos Campos

Embraer will invest US$ 30 million in the expansion of its Eugênio de Melo unit, in São José dos Campos (São Paulo, Brazil). Through the construction of new facilities, the site will have capacity for over 4,000 employees. The site currently has 1,500 employees working in manufacturing, development, engineering, structural and system testing, and training, […]

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thyssenkrupp Materials Services invests over €70 million in European sites

Financial, MRO & Production

thyssenkrupp Materials Services, the distribution and service provider of the thyssenkrupp Group, is investing around €70 million in the modernization and expansion of its European warehousing and logistics network. A state-of-the-art logistics center and new warehouses are to be built in Germany, Poland and Hungary. The investments are an important part of thyssenkrupp Materials Services’

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AAF Spares relocate to new headquarters in Miami

Uncategorized

AAF Spares, the joint venture business between Avtrade and AFI/KLM E&M, have relocated to a new building. Moving from a 15,000 ft² building to a new state-of-the-art 50,000 ft ² warehousing facility will provide access to an inventory valued at US$760 million and will further improve and expand support to the North and South American

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Qantas signs LOI with Vallair to lease first A321P2F cargo conversion aircraft

Aircraft & Engines

Aircraft and asset specialist Vallair, has signed an LOI to lease the first A321P2F (Passenger to Freighter) aircraft conversion to Qantas. This A321P2F MSN835 is intended to be operated by Qantas Freight on behalf of its customer – Australia Post. Qantas will be the first airline to operate the A321 as a freighter aircraft. To

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Avianca Brasil to exit Star Alliance

Airlines & Routes

Brazilian airline Ocean Air Linhas Aéreas S/A, headquartered in São Paulo and formerly doing business as Avianca Brasil, will formally leave Star Alliance with effect from September 1, 2019. Ocean Air’s withdrawal follows several months of bankruptcy protection and the withdrawal of its Air Operator Certificate (AOC) by Brazilian regulator ANAC. The Star Alliance network

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Passenger traffic rises at Frankfurt Airport

Traffic

Frankfurt Airport (FRA) welcomed more than 6.9 million passengers in the reporting month, up 0.8% compared to July last year. For the first seven months of the year, passenger traffic at FRA rose by 2.6%. Aircraft movements in July 2019 climbed by 1.0% to 47,125 takeoffs and landings, while accumulated maximum takeoff weights (MTOWs) expanded

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Honeywell opens first Aviation Service Center in Latin America

MRO & Production

Honeywell has opened its first aviation service center in Latin America in São José dos Campos, a city located 94 km from the state capital. On site, the company will offer services such as aircraft parts replacement, repair and overhaul. São José dos Campos was chosen for its history in the aviation market and the

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Embraer advances in development of demonstrator aircraft with electric propulsion technology

Aircraft & Engines

Embraer has unveiled images of the demonstrator aircraft with 100% electric propulsion technology, which is currently under development. The prototype has a special paint scheme and is ready to receive systems and components. The aircraft’s electric motor and controller are being manufactured by WEG at the company’s headquarters in Jaraguá do Sul, Santa Catarina, Brazil,

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BOC Aviation reports first half 2019 performance

Financial

BOC Aviation has released its unaudited results for the six months ended June 30, 2019. The company has achieved a major milestone in June 2019 as its cumulative net profit after tax (NPAT) exceeded US$4 billion since inception. BOC Aviation reported NPAT of US$321 million in the first half of 2019, an increase of 8%

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