April 15, 2020

Qatar Airways and Standard Chartered sign aircraft financing agreement

Qatar Airways and Standard Chartered have successfully signed a US$850 million financing in respect of seven Boeing 787-9 aircraft. Qatar Airways Group Chief Executive His Excellency Mr. Akbar Al Baker stated: ”I am grateful to Standard Chartered for their continued support to Qatar Airways. The bank has been a close partner of Qatar Airways for […]

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US-government supports airlines with billion-dollar aid program

Financial

Among the ten airlines that have agreed to the rescue package are the four largest U.S. carriers Delta, American, United and Southwest Airlines. American Airlines Group has released that the U.S. Department of the Treasury has approved US$5.8 billion in financial assistance from the Payroll Support Program (PSP) created through the Coronavirus Aid, Relief, and

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Luxembourg Armed Forces A400M makes maiden flight

Military & Defense

The Airbus A400M new-generation airlifter ordered by the Luxembourg Armed Forces has made its maiden flight, marking a key milestone towards its delivery. The aircraft, known as MSN104, took off from Seville (Spain), where the final assembly line is located, at 16:08 local time (CET) and landed back on site five hours later. The Luxembourg

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Boeing’s F-15 Qatar advanced jet completes successful first flight

Military & Defense

Boeing has successfully completed the first flight of the F-15QA fighter. Developed for the Qatar Emiri Air Force (QEAF), the jet demonstrated its next-generation capabilities during its 90-minute mission. The flight took off and landed from Lambert International Airport in St. Louis. Boeing’s flight test team implemented a precise mission checklist to test the multi-role

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MTU Aero Engines plans gradual restart of operations

Uncategorized

Following the current three-week suspension of operations, MTU Aero Engines is planning a gradual restart of operations at its German sites. Capacities will be increased according to demand and the situation in the supply chain. Extensive measures have been prepared to protect employees’ health. Short-time working will apply from April 20, 2020, at the company’s

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C&L Aviation Services names Brian Sprecher as Regional Sales Manager – Corporate MRO

People

As part of the company’s increased customer demand and continued expansion, C&L Aviation Services, a C&L Aviation Group company, announced that Brian Sprecher has joined the company in the position of Regional Sales Manager for the Corporate MRO, for the Southeast United States. Sprecher will assist C&L’s corporate aviation customers with maintenance packages, including modifications,

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Finnair to deepen cooperation with Juneyao Airlines

Airlines & Routes

Finnair and Shanghai-based Juneyao Airlines have signed a Letter of Intent to deepen their cooperation between China and Europe, subject to required regulatory approvals. The aim is to establish a joint venture on the Helsinki – Shanghai route enabling Finnair and Juneyao Air to offer their corporate and leisure customers a seamless travel experience through a

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Triumph furloughs 2,300 employees across U.S. and Europe

MRO & Production, Uncategorized

Given that Boeing has extended closure of its Washington state factories indefinitely, and closed its Charleston, South Carolina plant until further notice, Triumph has announced furloughs for approximately 2,300 employees across its plants in the U.S. and Europe for two to four weeks to reduce capacity associated with Boeing Commercial Aircraft programs. These plants will

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