3 February 2020

Javier Sánchez-Prieto takes helm at Iberia

Javier Sánchez-Prieto, currently Vueling chairman and chief executive, has been appointed chairman and chief executive of Iberia. Marco Sansavini, currently Iberia chief commercial officer, has been appointed chairman and chief executive of Vueling. Both Sánchez-Prieto and Sansavini will take up their new roles in late March when IAG’s chief executive, Willie Walsh, stands down to […]

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DAE signs new US$300 million 5-year dual tranche unsecured term financing facility

Dubai Aerospace Enterprise (DAE) has signed a US$300 million 5-year dual tranche unsecured term financing facility with Emirates Islamic and Emirates NBD Capital, the investment banking arm of Emirates NBD. The facility will contain a conventional and an Islamic tranche and can be upsized to US$600 million. The facility will support the future financing needs

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Rolls-Royce appoints Arrow Aviation as latest authorized maintenance repair overhaul center

Rolls-Royce has appointed Arrow Aviation as the newest FIRST network™ Authorized Maintenance Repair & Overhaul Center (AMROC). Headquartered in Broussard, Louisiana, Arrow Aviation will provide certified MRO services for M250 and RR300 engine customers. Previously, as a Rolls-Royce M250 Authorized Maintenance Center, Arrow Aviation provided comprehensive in-house component repair reworks capabilities to customers worldwide. As

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Bombardier sells two Learjet 75 Liberty aircraft

Bombardier has sold two Learjet 75 Liberty aircraft to North Dakota-based Fargo Jet Center (FJC). The aircraft are to be converted to dedicated medevac configuration and delivered to air ambulance service provider Lotnicze Pogotowie Ratunkowe (LPR), based in Warsaw, Poland. LPR selected the Learjet 75 Liberty aircraft, with FJC’s proposed medevac interior, to serve its

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American Airlines and TWU-IAM Association reach tentative agreements for joint collective bargaining agreements

American Airlines and the TWU-IAM Association have reached tentative agreements last week for new joint collective bargaining agreements that cover more than 31,000 team members. The tentative agreements are subject to ratification by maintenance and related and fleet service team members, represented by the Association. The association will communicate details of the agreements to its

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Wright Electric begins engine development program for 186 seat electric aircraft

easyJet has welcomed the announcement by its partner Wright Electric (Wright) on its engine development program for its flagship 186-seat electric aircraft, named Wright 1. Wright is engineering electrical systems at the megawatt scale which will be necessary for commercial flight for its 186-seat electric aircraft. It is building a 1.5 MW electric motor and

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