November 17, 2020

Korean Air to acquire Asiana Airlines with major help from Korea Development Bank

Korean Air has announced its intention to acquire ailing Asiana Airlines (Asiana) despite strong protests from Asiana’s shareholders. Korea Development Bank (KDB) will be providing Korean Air with a loan of 800 billion won to help finance the deal. KDB is also a major creditor of Asiana. KDB hopes to finalize the deal by the […]

Korean Air to acquire Asiana Airlines with major help from Korea Development Bank Read More »

BAA Training becomes first ENAC partner to provide flight training in Europe

Other News

Having passed the compliance audit, the BAA Training flight base in Lleida-Alguaire has received official approval from ENAC to carry out flight training for ENAC’s students. The consent to audit the BAA Training’s Spanish flight base was given to ENAC by the Civil Aviation Authority (DGAC). ENAC acts as an ATPL and MPL pilot training provider for

BAA Training becomes first ENAC partner to provide flight training in Europe Read More »

MTU Maintenance signs contract with new customer Air Serbia

MRO & Production

MTU Maintenance and new customer Air Serbia have signed an exclusive V2500 engine maintenance repair and overhaul (MRO) contract. The six-year agreement covers MRO, engine trend monitoring and spare engine services for Air Serbia’s v-powered A319 and A320 aircraft fleet. The Serbian flag carrier was founded in 1927, and in 2020, had already flown to

MTU Maintenance signs contract with new customer Air Serbia Read More »

Diehl Aviation responds to long-term slump in sales, 1,400 jobs to go

MRO & Production

Aviation supplier Diehl Aviation, a leading supplier of cabin interiors and aircraft systems as well as related services, has presented a concept for its future positioning. The concept will assist the company in securing its leading position in the aviation industry. Diehl Aviation is commencing implementation of a future-oriented project with the objective of providing

Diehl Aviation responds to long-term slump in sales, 1,400 jobs to go Read More »

Boaz Levy appointed Chief Executive Officer of IAI

People

Israel Aerospace Industries (IAI) Board of Directors has approved the search committee’s recommendation to nominate Boaz Levy as IAI’s Chief Executive Officer (CEO). Levy succeeds Maj. General (ret.) Nimrod Sheffer, who stepped down as CEO on October 31, 2020. The nomination will be submitted to the Minister of Defense, Lt. General (ret) Benjamin Gantz, and

Boaz Levy appointed Chief Executive Officer of IAI Read More »

Spirit Airlines brings back international service from Orlando with six routes launching in December

Airlines & Routes

Spirit Airlines will head back to Latin America from Orlando just in time for the holidays. The Florida-based carrier is re-launching six nonstop international routes. It marks the first time Spirit’s bright-yellow planes will fly internationally from Central Florida since border closures began in March. Spirit plans to gradually reintroduce Latin American destinations from Orlando International

Spirit Airlines brings back international service from Orlando with six routes launching in December Read More »

Qatar Airways to become launch customer for Panasonic’s ECOFM 10″ IFE upgrade

Other News

Panasonic Avionics (Panasonic) has announced Qatar Airways as the launch customer for its new EcoFW 10” inflight entertainment (IFE) upgrade program. The seatback IFE monitors on the airline’s fleet of 37 Boeing 777 aircraft will be updated with Panasonic’s new EcoFW 10” monitor upgrade – creating a next-generation HD passenger experience while extending the life of

Qatar Airways to become launch customer for Panasonic’s ECOFM 10″ IFE upgrade Read More »

Airstream arranges Bombardier DHC-8-311 sale

Aircraft & Engines

Aircraft remarketing specialists Airstream International Group have arranged the sale of a Bombardier DHC-8-311 aircraft on behalf of a US Investor. MSN 527 will be converted to a freighter and is the third aircraft that Airstream has placed with Air Inuit with the relationship dating back to 2012. Airstream has been very active placing DHC-8

Airstream arranges Bombardier DHC-8-311 sale Read More »