No sooner had the U.K. government confirmed it was prepared to provide financial assistance to help keep struggling domestic carrier Flybe afloat than the backlash from competitive airlines began. There have also been a number of questions raised as to why the government is prepared to help Flybe when it refused to provide any help […]
Immediate backlash as U.K. government agrees to help struggling Flybe Read More »
At the end of December, 2019, TP Aerospace and SAS Scandinavian Airlines signed an all-inclusive wheels and brakes program covering the support of 124 aircraft. The program is set to go into effect on January 15, 2020. SAS Scandinavian Airlines has chosen TP Aerospace’s fully integrated, all-inclusive and highly flexible Cycle Flat Rate (CFR) program
TP Aerospace and SAS Scandinavian Airlines sign multiyear wheels and brakes program Read More »
Commercial Jet is welcoming R. Rick Townsend as Vice President Sales & Marketing. Townsend brings to Commercial Jet over 35 years of MRO industry experience encompassing senior level sales, business development, marketing, and customer support roles. He has also played important roles in helping to build a couple of MRO facilities (FFV / Ascent) from
Commercial Jet names R. Rick Townsend as Vice President Sales & Marketing Read More »
In late 2019 and for the first time, Boeing and the U.S. Navy flew an F/A-18 Super Hornet equipped with an Infrared Search & Track (IRST) Block II pod. IRST Block II is a critical component of the Block III Super Hornet. The Block III conversion will include enhanced network capability, longer range with conformal
Boeing and U.S. Navy complete first Super Hornet IRST Block II flight Read More »
Virgin Galactic, a vertically integrated aerospace company, has appointed Enrico Palermo as Chief Operating Officer (COO), effective immediately. In this newly created role, he will be responsible for helping maintain efficiency and peak performance across the enterprise as it develops as a public company, and will lead the execution of specific company strategies and initiatives.
Virgin Galactic appoints Enrico Palermo as Chief Operating Officer Read More »
TrueNoord, the specialist regional aircraft lessor, has placed two more new ATR 72-600 aircraft on long-term operating leases with expanding Bangladeshi domestic and international operator, US-Bangla. The aircraft have been financed by Citibank, Société Générale and Royal Bank of Canada under TrueNoord’s revolving warehouse facility. Milbank represented TrueNoord and Clifford Chance advised the banks on
TrueNoord leases two further ATR 72-600s to US-Bangla Read More »
Qatar Airways will expand its codeshare cooperation with Malaysia Airlines, starting from January 27, 2020. The new codeshare agreement will strengthen the two airlines’ strategic partnership, first initiated in 2001. Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said: “Since 2001, both airlines have witnessed the significant benefits codeshare cooperation has brought,
Qatar Airways and Malaysia Airlines announce significant codeshare expansion Read More »
Frankfurt Airport (FRA) has served more than 70.5 million passengers in 2019 – achieving a new all-time record by exceeding the 70-million mark for the first time in a calendar year. Compared to the previous year, this represents a passenger increase of 1.5%. Following a positive trend in the first half of 2019 (up 3.0%),
Frankfurt Airport serves more than 70.5 million passengers Read More »
Falko Regional Aircraft (Falko) has provided a summary of its 2019 market activity. In 2019, Falko acquired 49 regional aircraft, sold 11 aircraft and signed lease agreements or extensions relating to a further six aircraft. Total transaction value exceeded US$1billion. As at December 31, 2019, Falko’s portfolio totaled 115 aircraft on lease to 19 customers
Falko outlines 2019 portfolio activity Read More »
