Rolls-Royce, the manufacturer of jet engines which power both the Boeing 787 and Airbus A350 has seen its share price since the outbreak of the COVID-19 pandemic fall by over 80%. The company’s market value currently stands at approximately £2.0 billion. Part of the problem lies not just with a drop in demand for new […]
Rolls-Royce looks to raise £5 billion to cope with pandemic fallout Read More »
Vytautas Ledakas is the newly appointed CEO of BAA Training China – a modern aviation training center planned to be equipped with six full flight simulators (FFS) and part of a Joint Venture (JV) established in 2019 by Avia Solutions Group (ASG) and Henan Civil Aviation Development and Investment Company (HNCA). His appointment will entail
North American Aerospace Industries (NAAI), a leading provider of sustainable end-to-end aircraft recycling solutions, has reported that its affiliate, Aircraft Solutions Middle East, has entered into a Memorandum of Understanding with Aircraft Support Industries for the development of three new aircraft recycling facilities including the NAAI facility planned at the Global TransPark in Kinston, North
SITA, the IT provider for the air transport industry, delivering solutions for airlines, airports, aircraft and governments, becomes a new business partner of BARIG (Board of Airline Representatives in Germany), the association of more than 100 international and German airlines operating in Germany. SITA is a partner of the majority of airlines and airports across
BARIG welcomes SITA as new business partner Read More »
Boeing has reported that it will consolidate production of 787 jets at its facility in North Charleston, S.C., starting in mid-2021, according to the company’s best estimate. The decision comes as the company is strategically taking action to preserve liquidity and reposition certain lines of business in the current global environment to enhance efficiency and
Boeing to consolidate 787 production in South Carolina in 2021 Read More »
Israel Aerospace Industries (IAI) Aviation Group has delivered the first passenger-to-cargo converted Boeing 737-700 to Chines airline – Tianjin Cargo Airlines, which will become the first operator of this type of aircraft in China. The conversion work was carried out at the Tianjin MRO site, under a partnership agreement with IAI and Haite Group for
IAI delivers first converted B737-700 cargo aircraft to Tianjin Cargo Airlines in China Read More »
Heston MRO, the independent MRO organization in Australasia, added Engines-On-Wing-capabilities to its range of services. As part of CASA Part 145 approval, the company introduced engines borescope inspections, bore-blending, together with components inventory check, QEC/ LRU replacement, End-of-Lease inspections, engine preservation, and technical consultancy. The newly acquired capabilities allow Heston MRO to offer engines on
Heston MRO adds Engines Services Read More »
BOC Aviation has announced that Steven Townend has commenced the role of Deputy Managing Director and Chief Financial Officer with effect from October 1, 2020. In his new role, he oversees the Finance, Treasury, Tax, Risk and Settlement Departments. Townend was formerly Chief Commercial Officer (Europe, Americas and Africa), based in London, a role he
Steven Townend commences new role as Chief Financial Officer for BOC Aviation Read More »
