23 September 2020

LCI and Sumitomo Mitsui Finance and Leasing launch US$230 million helicopter leasing joint venture

LCI, a leading helicopter lessor and the aviation division of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have agreed to establish and operate a joint venture helicopter leasing business. The vehicle has launched with the initial acquisition of 19 next-generation helicopters with a value of US$230 million. SMFL and LCI […]

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IATA looks to pre-departure COVID-19 testing as solution to damaging quarantine restrictions

The International Air Transport Association (IATA) has been looking into ways to help airlines recover from a 92% drop in international travel compared to 2019 levels. It has identified a combination of border closures, sporadic quarantine regulations and frequent changes to countries’ measures to combat the COVID-19 virus as key drivers that make planning flights

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GKN Aerospace starts shipping engine components from new facility in Johor, Malaysia

GKN Aerospace has shipped the first aero-engine components from its site in Johor, Malaysia. The CFM56 low-pressure compressor components have been delivered to an Asian engine MRO service provider. The Federal Aviation Administration (FAA) issued the base certification to GKN Aerospace’s Johor facility in Malaysia for the repair of CFM56 aero-engine parts earlier this year.

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Sriwijaya Air selects Rusada’s ENVISION

Indonesian airline Sriwijaya Air has signed up for Rusada’s Airworthiness and MRO software, ENVISION. Sriwijaya Air is Indonesia’s third-largest carrier and, along with subsidiary Nam Air, provides passenger flights to destinations across the country as well as international flights to Malaysia, Singapore and China. Since launching in 2003, its fleet has grown to 30 aircraft,

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Boeing-developed portable UV wand will inactivate viruses and bacteria on airplanes

Boeing has entered into a patent and technology license with Florida-based Healthe®, under which Healthe will manufacture an ultraviolet (UV) wand designed to sanitize airplane interiors. Boeing designed and developed the UV wand as part of the company’s Confident Travel Initiative (CTI) to support customers and enhance the safety and well-being of passengers and crews

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Volaris shareholders authorize capital increase

The general extraordinary shareholders meeting of Mexican low-cost airline Volaris, has authorized a capital increase of up to MXN3.5 billion (US$156 million) to strengthen the carrier’s capital position and to take advantage of potential growth opportunities. Volaris is evaluating different financing alternatives and has obtained shareholder approval for the issuance of new shares that can

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Recaro CL3710 economy-class seat takes flight on Gulf Air’s new A321neo

Recaro Aircraft Seating’s CL3710 economy-class seat is taking flight on Gulf Air’s new A321neoLR aircraft. This is the first of 29 aircraft to be equipped with the CL3710 seat and which are slated for delivery over the next five years. Created with long-haul passengers in-mind, the CL3710 has earned numerous accolades for its sleeping comfort

Recaro CL3710 economy-class seat takes flight on Gulf Air’s new A321neo Read More »

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