Willie Walsh has announced he is to retire from International Airlines Group (IAG), officially on June 30, and will be stepping down as Group CEO and Chairman of the Board on March 26. Walsh is responsible for the creation of IAG through the merger of British Airways with Iberia, followed by Aer Lingus, Vueling, low-cost […]
Willie Walsh retiring from IAG, Iberia CEO Luis Gallego to take over Read More »
Wesco Aircraft Holdings has reported that the expected acquisition of the company by an affiliate of Platinum Equity has been completed in a transaction valued at approximately US$1.9 billion. At closing, Wesco Aircraft was combined with Platinum Equity portfolio company Pattonair, a provider of supply chain management services for the aerospace and defense industries based
Wesco Aircraft acquired by affiliate of Platinum Equity Read More »
A new Rolls-Royce facility which will develop jet engine technologies set to transform flight, reduce emissions and set new benchmarks for efficiency has opened in Bristol, U.K. The composite technology hub will develop fan blades and fan cases which significantly reduce weight in a jet engine, lowering fuel consumption and emissions. The fan blades and
Rolls-Royce opens new facility in Bristol, U.K. Read More »
Pattonair, the global aerospace and defence supply chain provider, has welcomed Kieran Murphy and Martin Cole into the newly-created positions of Innovation Manager at its Derby headquarters. Their appointments come at an exciting time for the company, which has embarked on a US$1.9 billion merger with US-based Wesco Aircraft Holdings and acquired aircraft spares company Adams
Pattonair appoints two senior roles in global innovation team Read More »
AerCap has announced its major business transactions during the full year and fourth quarter of 2019: Full-year 2019 transactions included signed lease agreements for 192 aircraft and the purchase of 65 aircraft. AerCap executed sale transactions for 96 aircraft and signed financing transactions in the amount of approximately US$9.5 billion for the year. During the
AerCap leased, purchased and sold 353 aircraft in 2019 Read More »
Willis Lease Finance Corporation has placed an order with CFM International for up to sixty LEAP engines with a value of nearly US$900 million at list prices. This includes both firm and option orders for LEAP-1A and LEAP-1B engines, which the Company will use to support its customers operating Airbus A320neo and Boeing 737 MAX
Willis Lease Finance orders up to sixty CFM LEAP engines Read More »
The Air France / KLM Group (Air France, KLM and Transavia) has released its traffic figures for December 2019. Group traffic increased 3.5% compared to December 2018, while capacity was up 2.6%. Group load factor increased 0.7 points to 86.4%, compared to the previous year.
Air France/KLM Group report 3.5% traffic increase in December Read More »
Aero Controls has officially been approved as a cylinder requalification facility by the Department of Transportation (DOT), using the “hydrostatic” test method. This is to support its capability development for slides, rafts, fire bottles, oxygen bottles and other emergency equipment.
Aero Controls approved as cylinder requalification facility Read More »
BEDEK, Israel Aerospace Industries’ (IAI) Maintenance Organization, has received the AS9110C Standard Certification for the management of maintenance and continuous airworthiness for aircraft, either civilian or military, that are in need of Maintenance Repair and Overhaul (MRO) services. This standard is specifically tailored to the regulatory requirements, aviation law, and global aviation regulations, with the
BEDEK receives AS9110C Standard Certification Read More »
SAS Scandinavian Airlines has released that the total capacity increased by 0.9% in December 2019, while traffic increased by 2.6%, driven by growth in demand on SAS scheduled traffic. As a result, the passenger load factor improved by 1.2 points to 71.1%. Currency adjusted unit revenue and passenger yield increased by 3.1% and 1.2% respectively.
Nearly 2 million passengers traveled with SAS in December Read More »
