14 October 2019

Thomas Cook subsidiary Condor saved with €380 rescue loan

Condor Flugdienst GmbH (Condor) the German leisure airline and subsidiary of the now defunct Thomas Cook Group, has received approval from the European Commission for a loan from the German government of €380 million (US$418 million) to guarantee the smooth continuation of operations while it looks to shore up its future and battle against a […]

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Rolls-Royce and Volo Aero MRO sign ten-year T56 engine support agreement

Rolls-Royce and Volo Aero MRO have signed a ten-year agreement covering the support of T56 single engine piece part maintenance repair and overhaul services. With over 18,000 engines manufactured since 1953 and more than 230 million flight hours accumulated, the T56/501 engine continues to be the leader of large turboprop engines for both military and commercial

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Barfield enters into agreement to support GSTE products in Europe

Barfield, a subsidiary of Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) in the Americas, has signed an agreement allowing Falgayras to become Barfield authorized repair center in Europe. The agreement covers the repair and calibration of several GSTE products including Air Data/Pitot Static, and Turbine Temperature. The first agreement with Falgayras allowed

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AerCap leased, purchased and sold 108 aircraft in the third quarter of 2019

AerCap Holdings N.V. has announced its major business transactions during the third quarter of 2019: AerCap signed lease agreements for 72 aircraft, including 13 wide-body aircraft and 59 narrow-body aircraft. The company purchased 16 aircraft, including nine Airbus A320neo Family aircraft, one Airbus A350, four Boeing 787-9s and two Embraer E2s. AerCap has executed sale

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C&L Aerospace purchases Beechjet business from Global Parts

C&L Aerospace has purchased the Beechjet 400 rotable parts program from Global Parts. As part of the transaction, C&L has acquired Global’s entire Beechjet rotable inventory. All parts from the program are now stocked in C&L’s Bangor, ME warehouse. Parts from this purchase will bolster existing inventory and be used to support C&L’s robust Beechjet

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Lufthansa Technik helps to bring first inflight internet to China

Lufthansa Technik has further increased its market presence for connectivity modifications in Asia, a rapidly developing market for inflight internet solutions. As the most recent customer for these services, Lufthansa Technik welcomed Chinese service provider Air Esurfing Information Technology, which it will help in providing aircraft with the first ever inflight connectivity solution for the

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Aero Asset’s third quarter preowned helicopter market trends show improving conditions

International helicopter brokerage, Aero Asset, has releases its third quarter (Q3) 2019 Preowned Helicopter Market Trends. Its latest report shows North America as the most active region.  A total 37% of pre-owned twin engine helicopter buyers were in this territory in the thired quarter, up from 31% in the second quarter. Year to date (YTD),

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Ideagen’s software to support TP Aerospace’s global expansion plans

TP Aerospace, a leading aftermarket supplier of wheels and brakes to the aviation industry, is to implement software from Ideagen as it expands its global quality management operations. The Copenhagen-based organization will adopt Ideagen’s Q-Pulse quality management software as the company rolls out its growth plan – ‘Green Sunrise’ – a project that aims at

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