24 March 2021

900 jobs at stake as Norway vetoes sale of Rolls-Royce’s Bergen Engines to Russia

Financial

Having temporarily suspended the proposed sale of Rolls-Royce-owned Bergen Engines to Russia’s TMH Group earlier this month, the Norwegian government has now announced it will block the sale of the Norwegian business on security grounds. The agreed sale price was approximately US$178 million. Bergen Engines has been owned by Rolls-Royce for over 20 years and […]

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Recaro Aircraft Seating SL3710 seat makes its North American debut

MRO & Production

Recaro Aircraft Seating’s (Recaro) lightweight SL3710 seat made its North America debut on a Frontier Airlines’ (Frontier) A320 aircraft on March 23, 2021.  Weighing in at 8 kilograms, the seat is the lightest member in the economy-class seat market and supports Frontier’s mission of being “America’s Greenest Airline.” Frontier is slated to receive 156 Airbus

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International Airlines Group

IAG signs US$1.8 billion multi-borrower secured three-year Revolving Credit Facility

Financial

International Airlines Group (IAG) has signed a Revolving Credit Facility with a syndicate of banks. The total amount available under the facility is US$1.755 billion and will be available for a period of three years plus two one-year extension periods at the discretion of the lenders. The facility is available to Aer Lingus, British Airways

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Avionica appoints new Vice President of Product and Services

People

Avionica, a global aircraft connectivity leader, has announced the promotion of aviation industry veteran, Scott Ridge, as its new Vice President of Product and Services. In this newly created position, Ridge will be putting more focus on building the right products and services for customers and bringing new business models to the industry.  Demand from turbulent times

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Jet MS becomes dealer of ALTO Aviation’s premium cabin solutions

MRO & Production

Jet MS, a global provider of base and line maintenance services for business and regional aircraft, and a part of the global aerospace business group Avia Solutions Group, gained a dealership agreement with ALTO Aviation, a premium cabin in-flight audio/entertainment system design, manufacture, and distribution company. Under the partnership, Jet MS will represent Alto Aviation

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