July 15, 2020

Delta posts US$5.7 billion quarterly loss as it cuts projected flight increases by 50%

As the COVID-19 pandemic shows no sign of receding and numbers of reported cases increasing in over 35 U.S. states, the uncertain demand for future air travel has seen Delta Air Lines (Delta) halve its anticipated 1,000 flight increase for the month of August to just 500 flights. Having posted a net quarterly loss of […]

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Helvetic Airways upgrades Embraer E2 order

Aircraft & Engines

Helvetic Airways has signed a commitment with Embraer to convert four of its remaining firm orders to the larger E195-E2 aircraft. The original order, for 12 E190-E2s with purchase rights for a further 12, and conversion rights to E195-E2s, was announced in September 2018. Embraer has so far delivered five E190-E2s to Helvetic Airways, and

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AAR continues successful partnership with Unison Industries

MRO & Production

AAR, one of the leading providers of aviation services to commercial and government operators worldwide, and Unison Industries (Unison) have jointly announced the expansion and extension of the longstanding partnership as the exclusive worldwide aftermarket distributor for Unison Industries´ aviation, aerospace, military, civil and land vehicles products. The agreement adds new material content to include

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Nordic Aviation Capital delivers one ATR 72-600 to Windrose Aviation Company

Aircraft & Engines

Nordic Aviation Capital (NAC) has confirmed the delivery of one ATR 72-600 aircraft, MSN 1262, to Windrose Aviation Company on lease. Founded in 2003, Windrose Aviation received an operator’s certificate in 2007 and began operating charter flights under the brand name “WINDROSE Airlines”. Today Windrose is one of the leading companies of tourist air traffic

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Virgin Atlantic reaches major milestone towards securing its future

Financial

Virgin Atlantic has taken a big step forward in securing its future, by launching a court-backed process as part of a solvent recapitalization of the airline and holiday business, with a restructuring plan that, once approved and implemented, will keep Virgin Atlantic flying. The restructuring plan is based on a five-year business plan, and with

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GA Telesis MRO Services Group signs E-Jet support and services agreement with Liebherr-Aerospace

MRO & Production

GA Telesis’ MRO Services Group has entered into an agreement with Liebherr-Aerospace for material support and maintenance services for the E-Jet Family of aircraft. Under this agreement, the company will receive technical support and original OEM materials to repair and overhaul landing gears for operators in the Americas. Landing gear repairs and overhauls for this

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Robert Knox promoted to Chief Accounting Officer for AvAir

People

After nearly four years as AvAir’s Senior Vice President of Finance, Robert Knox has been promoted to Chief Accounting Officer. During his time as SVP of Finance, Knox increased access to capital, financed a management buyout and significant inventory purchases, established a European subsidiary, upgraded the 410K plan and developed an exceptional finance organization. As

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PASSUR and Aireon sign agreement to power aviation data analytics, collaboration, and digital decision support solutions globally

Uncategorized

PASSUR® Aerospace, an industry leader in predictive analytics and collaboration, and Aireon, leader in global space-based automatic dependent surveillance-broadcast (ADS-B), have announced an agreement that will integrate Aireon’s global, gate-to-gate ADS-B dataset, into PASSUR’s AR\VA platform. This integration will be the first to feature Aireon’s air traffic service (ATS) surveillance-quality data feed including high-fidelity, low

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