March 10, 2020

BOC Aviation signs lease agreement for 22 Boeing Dreamliners with American Airlines

BOC Aviation Limited (BOC Aviation) has announced an agreement with American Airlines (American) to lease 22 Boeing 787 Dreamliners, with delivery to take place between 2020 and 2021. The aircraft will be powered by General Electric Genx engines. Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said: “We are excited to welcome American […]

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AJW Group extends Pool Access Agreement with Acropolis Aviation

MRO & Production

–AJW Group is extending its Pool Access Agreement with Acropolis Aviation in support of G-NOAH and has entered into a new support agreement for G-KELT. AJW has been providing tailored spares support services to Acropolis Aviation, the U.K.-based VIP charter and aircraft management company since 2011. The extension to the contract sees AJW continue to

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LHT signs technical support contracts with Red Wings and SmartAvia

MRO & Production

The Russian carrier Red Wings Airlines has contracted Lufthansa Technik to provide extensive support for its growing Airbus narrow-body fleet. Within the frame of a contract with another Russian airline, Lufthansa Technik will also provide technical services for the Boeing 737 fleet of SmartAvia. Under a six-year contract with Red Wings Airlines, Lufthansa Technik supports

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DAE increases bond repurchase program by US$300 million

Financial

Dubai Aerospace Enterprise (DAE) announced that its Board of Directors and Shareholders had authorized an additional US$300 million for bond repurchases to be conducted through open market transactions. To date, DAE has repurchased approximately US$555 million of principal amount of its publicly traded bonds under the previous authorizations of US$600 million. DAE Chief Executive Officer

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Cassio e-aircraft flight testing underway with Safran’s ENGINeUSTM electric motors

Aircraft & Engines

VoltAero has marked a significant milestone in developing its all-new family of Cassio e-aircraft with initiation of flight testing using Safran Electrical & Power’s ENGINeUSTM smart electric motors. This testing is a major step toward validating the electric and hybrid-electric powertrains for Cassio aircraft. It keeps the company on track in evolving a family of

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AEM secures Wizz Air contract for first aid kits

MRO & Production

AEM, a business within AMETEK’s Aerospace and Defense Division, has signed a contract to supply Hungarian airline, Wizz Air, with Aeromedic first aid kits for an additional 146 aircraft in the airline’s Airbus fleet. AEM will manufacture and deliver kits for more than 268 firm orders of the Airbus A320/A321 NEO and CEO family aircraft.

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Magnetic MRO and Airbus sign airframe maintenance agreement

MRO & Production

Magnetic MRO, a Total Technical Care and asset management organization, and Airbus have signed a long-term airframe maintenance agreement for the support and maintenance of Airbus Family aircraft. “The Total Technical Care is not only about the quality of MRO services. It’s also about first-class customer support, transparent processes, and exceptionally high procedural standards. We’re

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Sabena Technics appoints new General Manager for Nîmes site

People

Independent MRO service provider Sabena Techics has appointed Philippe Fournadet as General Manager of its Nîmes site. Fournadet is a recognized expert in the field of aircraft maintenance. He has held various responsibilities in France as well as internationally, including several experiences within the Airbus Group. In 2008, Fournadet was extensively involved in the creation

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Norwegian to cancel approximately 3000 flights and implement temporary layoffs

Airlines & Routes

Norwegian has released that it plans to cancel an estimated 3000 flights between mid-March and mid-June due to the coronavirus outbreak. This represents approximately 15% of the total capacity for this period. At the same time, Norwegian announced temporary layoffs for larger parts of its workforce, including crew members and other employees. This is a

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Changes at IBA’s Senior Leadership Team

People

IBA Group has appointed Ian Beaumont to Chief Executive Officer (CEO) of IBA Group effective from March 11, 2020. Phil Seymour, IBA’s former CEO will continue to serve as Company President. For the past five years the business has been successfully led by Seymour and has seen a period of rapid growth with both its

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BOC Aviation signs lease agreement for 22 Boeing Dreamliners with American Airlines

AJW Group extends Pool Access Agreement with Acropolis Aviation

LHT signs technical support contracts with Red Wings and SmartAvia

DAE increases bond repurchase program by US$300 million

Cassio e-aircraft flight testing underway with Safran’s ENGINeUSTM electric motors

AEM secures Wizz Air contract for first aid kits

Magnetic MRO and Airbus sign airframe maintenance agreement

Sabena Technics appoints new General Manager for Nîmes site

Norwegian to cancel approximately 3000 flights and implement temporary layoffs

Changes at IBA’s Senior Leadership Team

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10 March 2020

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