1 April 2020

IATA predicts airlines will post second-quarter loss of approaching US$39 billion

The International Air Transport Association (IATA) has released its latest analysis of the forthcoming quarter in which it predicts that airlines will burn through US$61 billion of their cash reserves up until June 30, leading to a quarterly net loss of US$39 billion. The analysis is based on a continued severe restriction in travel for […]

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STS Aviation Services gains EASA approval for base maintenance at BHX facility

STS Aviation Services (STS) has gained CAA Part 145 approval to conduct base maintenance operations at its state-of-the-art aircraft maintenance facility in Birmingham, United Kingdom. Aircraft types included in the new approval cover the A320 family, A330, B737NG and B757 models with additional aircraft to be added in the coming months. The STS team will

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FL ARI receives EASA Part 145 Maintenance Organization certification for line maintenance in China

FL ARI Aircraft Maintenance & Engineering Company (FL ARI), a maintenance, repair and overhaul (MRO) service provider based in Harbin, China, has received certification approval as an EASA Part 145 Maintenance Organization. FL ARI is a joint venture between China Aircraft Leasing Group (CALC), its mid- to end-of-life aircraft solutions arm Aircraft Recycling International (ARI),

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Gatwick Airport will consolidate operations into South Terminal from April 1

The severe and unparalleled impact of COVID-19 on the global aviation sector has led Gatwick to consolidate passenger processing and facilities into the airport’s South Terminal and to limit scheduled flights on its runway to between 1400 and 2200, with effect from April 1, 2020. The airport’s operations will be consolidated into the South Terminal

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AAR and Sumitomo Corporation launching joint venture

AAR, a leading aviation services provider to commercial airlines and governments worldwide, and Sumitomo Corporation, a top Japanese trading company, are launching a joint venture ― AAR Sumisho Aviation Services. This Chicago-area-based joint venture will distribute aircraft parts and offer aviation logistics management solutions to the Japanese defense market. Additionally, the partnership will distribute parts

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