Norway’s Industry Ministry and the Ministry of Transportation said in a statement on Monday that there would be no further funds made available to Norwegian Air (Norwegian) as the stricken airline struggles to cope with crippling debt and financial problems exacerbated by the COVID-19 pandemic. The low-cost carrier has been a pioneer of cheap transatlantic […]
Major blow to Norwegian as government withdraws support Read More »
Joe O’Brien will retire at the end of this year as Deputy CEO and Chief Commercial Officer of Engine Lease Finance (ELF). O’Brien joined the company in September 2006 after sixteen years with the then parentcompany, BTMU Capital Corporation, including serving as a Board Member of ELF from 2000. Since joining the company as EVP
Engine Lease Finance Chief Commercial Officer, Joe O’Brien, to retire Read More »
VAS Aero Services and Hi Fly Airlines have announced an agreement for VAS to manage the disassembly of one Hi Fly A330 aircraft (MSN 262) and associated engines. The airframe teardown will be conducted by VAS’ European services partner, Tarmac Aerosave, at the Tarmac facility in Tarbes, France. The aircraft’s two Pratt and Whitney PW4000-100
VAS Aero Services to disassemble Airbus A330 aircraft from Hi Fly Airlines Read More »
Meggitt PLC, a leading international company specialising in high performance components and subsystems for the aerospace, defence, and selected energy markets, has secured a £4.2 million contract with BAE Systems for the supply of innovative nose radome technology to enable the effective operation of a pioneering Multi-Function Array radar system on the Typhoon. The U.K.
Meggitt PLC secures pioneering radome contract with BAE Systems Read More »
As part of the restructuring program RISE, Lufthansa Technik AG will change the structure of its Executive Board responsibilities. In future, the Executive Board will consist of a Chief Executive Officer (CEO), a Chief Operating Officer (COO) and a Board member for Finance and Human Resources. The COO will then carry responsibility for all operating
Lufthansa Technik reduces Executive Board Read More »
With the opening of Berlin Brandenburg Airport (BER) on October 31, 2020, AeroGround Berlin GmbH, a subsidiary of AeroGround Flughafen München GmbH, commenced ground handling services at the new location. By gaining the Lufthansa Group and Eurowings as new clients at the capital city airport, AeroGround has significantly expanded its market position. AeroGround Berlin has
AeroGround becomes biggest ground handler at new BER airport Read More »
Zhejiang Loong Air has signed a 12-year Rate-Per-Flight-Hour agreement with CFM International (CFM) for the LEAP-1A engines, powering the airline’s leased fleet of 19 Airbus A320 and A321neo aircraft. Additionally, the deal includes an order for four spare LEAP-1A engines. This adds to the long-term service agreement signed last year at the Paris Air Show
Zhejiang Loong Air and CFM sign Rate-Per-Flight-Hour agreement Read More »
