Gatwick Airport is planing for a significant restructure across its business designed to further reduce operating and staff costs in light of the dramatic impact COVID-19 has had on its passenger and air traffic numbers. The proposed organization redesign will reshape the company so it is best placed to respond quickly to future growth. The …
Gatwick Airport announces significant companywide restructure plans Read More »
Rolls-Royce has released its first half 2020 (H1) results, with the global COVID-19 pandemic severely impacting its H1 performance and medium-term forecasts. The most pronounced effect was seen in Civil Aerospace with large engine deliveries and flying hours both down around 50% in H1 including a 75% reduction in engine flying hours in the second-quarter …
Rolls-Royce’s first-half results severely impacted by COVID-19 Read More »
Texel Air, an established private airline and MRO based in the Kingdom of Bahrain, reported the arrival of the latest addition to its fleet, the Boeing 737-700 FlexCombi™, a first of a kind aircraft conversion developed to provide the most versatile third party cargo charter solution available in the market today. The aircraft, which will …
Texel Air takes delivery of first Boeing 737-700 FlexCombi™ Read More »
Magnetic MRO, a Total Technical Care and asset management organization, has signed a Continuing Airworthiness Management contract with BOC Aviation (Ireland), one of the world’s leading aircraft leasing service provider. Since the agreement has been signed, the lessor has already delivered one Boeing 737NG aircraft to Magnetic MRO’s hangars in Tallinn, Estonia. Since the start …
BOC Aviation (Ireland) signs Magnetic MRO as its CAMO service provider Read More »
Vertical Aerospace, the Bristol-based company pioneering affordable electric aviation, has announced plans for a revolutionary ‘flying taxi’, the VA-1X. Capable of carrying up to five people (four passengers and a pilot), the VA-1X is set to be the world’s first certified winged all-electric Vertical Take-Off and Landing (eVTOL) aircraft, and is on course to start …
Vertical Aerospace unveils designs for pioneering ‘flying taxis’ Read More »
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., announced the signing of a sale-and-leaseback agreement for a fleet of four new Airbus A321neo aircraft with the company’s current customer, Hungarian low-cost carrier Wizz Air. Wizz Air, the largest Airbus customer of the A321neo variant, is expected to take deliveries …
CDB Aviation and Wizz Air sign agreement for sale-and-leaseback of four new A321neos Read More »
