1 October 2019

Singapore likely venue for Volocopter’s commercial launch

Volocopter, the Bruchsal, Germany-headquartered aircraft manufacturer specializing in electric multirotor helicopters, has announced that Singapore is now the forerunning venue for its commercial launch. Volocopter is an 18-rotor drone electric air taxi developed with the intention of providing the capability of a short-hop air taxi service which will prove a viable option at the same …

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ST Engineering completes acquisition of Newtec Group NV

Singapore Technologies Engineering (ST Engineering) has announced that further to its announcement made on March 27, 2019, its subsidiary Singapore Technologies Engineering (Europe) has completed the acquisition of a 100% ownership in Newtec Group NV (Newtec) following the fulfilment of completion conditions, including the receipt of applicable regulatory approvals. This Newtec acquisition, together with the …

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CAE inaugurates new commercial aviation training centers in London Gatwick and Manchester

CAE has inaugurated two new CAE training centers in the United Kingdom -London Gatwick and Manchester- to support the start of its ten-year exclusive pilot training agreement with easyJet announced in November 2018, as well as the growing training needs of airlines in Europe. A third training center will be inaugurated in Milan, Italy, on …

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Boeing

Boeing to sharpen company focus on product and services safety

Boeing Chairman, President and CEO Dennis Muilenburg has announced several immediate actions he is taking to strengthen the company’s enduring commitment to product and services safety. The actions follow recent recommendations from the Boeing Board of Directors that were the result of a five-month independent review of the company’s policies and processes for the design …

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SGS acquires majority stake in ARGUS International

SGS, the certification, verification, and inspection company, has acquired a majority stake in ARGUS International. The acquisition aims to strengthen SGS’ aviation auditing and consulting services and increase market penetration through the organizations leveraged synergies. “ARGUS is a globally recognized brand name in the airline, business aviation, fixed-wing, and rotary engine markets. Its broad client …

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Embraer Praetor 500 receives EASA and FAA approval

Embraer’s new Praetor 500 midsize business jet was granted its Type Certificate by EASA (European Union Aviation Safety Agency) and by the FAA (Federal Aviation Administration). The Praetor 500 received regulatory approval from Brazil’s Civil Aviation Authority (ANAC—Agência Nacional de Aviação Civil) in August, less than a year after having been announced in October 2018 …

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CAVU Aerospace acquires two Boeing 747-400 aircraft

CAVU Aerospace has acquired two Boeing ex-United Airlines 747-400 aircraft, N104UA MSN 26902 and N116UA MSN 26908, for dismantling, which has already begun.  “We are committed to increasing value by delivering quality material to the aftermarket with accurate documentation,” said CAVU Aerospace Founding Partner, Ken Kocialski.  He continued, “the acquisition of these aircraft enhances our …

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Saudi Arabian Airlines takes delivery of first 787-10 Dreamliner

Saudi Arabian Airlines (SAUDIA) has taken delivery of its first 787-10 Dreamliner from Boeing. The new aircraft will play a key role in the airline’s fleet and network expansion. The largest member of the Dreamliner family sets the benchmark for fuel efficiency and operating economics and will complement SAUDIA’s fleet of 787-9s. In addition to …

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737 MAX grounding hits flydubai first half 2019 financial results hard

Dubai’s state-owned carrier, flydubai, has announced that the continued grounding of the Boeing 737 MAX has put the carrier under unprecedented financial pressure, resulting in a January-to-June loss of US$53.6 million. Prior to the grounding, flydubai had anticipated expanding its current fleet of aircraft to 62, but instead this will only grow to 43 this …

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