General Electric Co (GE) has announced that its former CEO, Jack Welch, has died at the age of 84. Welch was single handedly responsible for the transformation of a company best known for its production of light bulbs into the USA’s most valuable public company. In the 20-year period with Welch at the helm, GE […]
General Electric mourns death of former CEO “Neutron Jack” Welch Read More »
DC Aviation Group and Comlux have signed a cooperation agreement. DC Aviation has been selected to perform the line maintenance and warranty work for Comlux customers based in Europe and CIS. The line and base maintenance services for aircraft of the Airbus ACJ Family, Global Express 5.000/6.000, and Challenger 604/605 will be carried out at
DC Aviation Group and Comlux sign cooperation agreement Read More »
The International Air Transport Association (IATA) is contacting aviation regulators worldwide to request that the rules governing use of airport slots be suspended immediately and for the 2020 season, due to the impact of COVID-19 (the Coronavirus). Around 43% of all passengers depart from over 200 slot coordinated airports worldwide. At present, the rules for
IATA requests global suspension of slot rules due to Coronavirus Read More »
Air New Zealand has reported earnings before other significant items and taxation of NZ$198 million for the six-month period ended December 31, 2019, compared to NZ$217 million in the prior period, reflecting the slower demand growth environment, weakness in the global cargo market and the ongoing unrest in Hong Kong. Earnings before taxation were NZ$139
Air New Zealand reports interim profit of NZ$198 million Read More »
Stevens Aerospace and Defense Systems has been awarded full Mexican Agencia Federal de Aviación Civil (AFAC) approval for the company’s facility in Macon, Ga. (KMCN). This authorization allows Stevens to fully work and return to service Mexican-registered aircraft. The approval provides owner-operators of Mexican-registered aircraft, from turbo props to large cabin business jets, an additional
Stevens Aerospace awarded Mexican AFAC approval for Macon, GA. facility Read More »
More range and even better economics: these are the key attributes of Airbus’ increased maximum take-off weight A330neo variant, which flew for the first time on February 28. Benefitting from a maximum take-off weight increase to 251 tons, the A330neo offers a significant 650-nautical mile boost in range – or six tons more payload –
Increased maximum take-off weight for Airbus A330neo variant to be certified by mid-2020 Read More »
Rolls-Royce rounded off 2019 on a positive note having overcome most of the problems which had particularly beset its Trent 1000 TEN engine variant which powers the Boeing 787 Dreamliner with durability issues. With the roll-out of fixes progressing and increased confidence in a new engine blade due for production next year, the number of
Rolls-Royce upbeat on recent advances despite COVID-19 outbreak Read More »
European airline Wizz Air, has concluded the definitive agreement with its partner Abu Dhabi Developmental Holding Company (ADDH), to jointly establish Wizz Air Abu Dhabi. The low-cost airline is set to launch its operations at Abu Dhabi International Airport in Fall 2020. The agreement is a major milestone in the launch of Wizz Air Abu
Wizz Air to establish new low-cost airline in Abu Dhabi Read More »
Dubai Aerospace has recommenced its bond repurchase program. Since the inception of the program in mid-2018, DAE has repurchased approximately US$485 million of principal amount of bonds and has remaining authorisation to repurchase a further approximately US$115 million. DAE Chief Executive Officer Firoz Tarapore said: “The current trading levels of our bonds are not consistent
DAE recommences bond repurchase program Read More »
Christina Trelle has been named the new Head of Human Resources at SWISS with effect from March 2, 2020. She takes over from Christoph Ulrich, who will oversee strategic HR projects. Trelle has played a pivotal role in Human Resources at SWISS as Head of HR Management for CCO and CFO Divisions. From 2003 to
New Head of Human Resources at SWISS Read More »
