April 19, 2021

Volocopter aims to introduce urban air mobility to Chinese market

Volocopter and the global mobility technology group, Geely Technology Group, have presented Volocopter’s electric air taxi, the 2X, for the first time in China at Geely’s booth at the Shanghai International Automobile Industry Exhibition 2021. The companies are highlighting their cooperation and aim to introduce urban air mobility to the Chinese market and give visitors the chance to […]

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Air New Zealand defers planned capital raising to later in 2021

Financial

Air New Zealand is targeting its equity capital raising to be undertaken by September 30, 2021, to give the airline time to assess market conditions. “We’ve seen some clearing of COVID-19 clouds recently, with the extension of the airfreight capacity scheme, the rollout of the vaccine and the opening of the trans-Tasman bubble on April

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IATA and Eurofins partner to boost travel with testing

Other News

The International Air Transport Association (IATA) has announced an agreement with Eurofins to incorporate its worldwide COVID-19 testing network into IATA Travel Pass. Eurofins is a leader in bio-analytical testing with 800 laboratories across 50 countries. As part of the partnership, Eurofins’ dedicated COVID-19 portfolio, encompassing multiple test types and hundreds of COVID-19 sampling stations

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Airbus signs major integrated support contract with Egypt for C295 fleet

Military & Defense

The Egyptian Air Force, the largest C295 fleet operator worldwide, has recently signed a five-year services contract with Airbus for the performance-based support of its fleet, composed of a total of 24 aircraft. The Egyptian Air Force joins now the community of C295 operators that benefit from the provision of integrated and performance based services

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GDC Technics countersues Boeing over Air Force One contracts

Other News

Texas-based GDC Technics (GDC), a subcontractor working on the two new Air Force One Boeing jets, is countersuing Boeing Co for a minimum of US$20 million after the American planemaker canceled GDC’s contracts. In a suit filed on April 7, Boeing claimed that GDC had failed to complete work on the interiors of the two

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FAA and EASA approve Viasat’s Ka-band In-Flight Connectivity System for Bombardier Challenger 300-series aircraft

Other News

Bombardier and global communications company Viasat have announced regulatory approval for the installation and use of Viasat’s Ka-band in-flight connectivity (IFC) business aviation system on in-service Challenger 300 and Challenger 350 aircraft, for their fastest available download speeds in the super-midsize segment. Supplemental Type Certificates (STC) have been successfully received from the U.S. Federal Aviation

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AAR elects Ellen M. Lord to Board of Directors

People

AAR, a provider of aviation services to commercial and government operators, MROs and OEMs, has released that Ellen M. Lord, former Under Secretary of Defense for Acquisition and Sustainment for the United States Department of Defense, has been elected to the company’s Board of Directors, effective immediately. Lord served as the Under Secretary of Defense

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AeroCentury reports full-year 2020 net loss of US$42.2 million

Financial

AeroCentury, an independent aircraft leasing company, has posted a fourth-quarter 2020 net loss of US$14.5 million, compared to a net loss of US$7.0 million for the fourth quarter of 2019. For the full year 2020, the Company reported a net loss of US$42.2 million, compared to a net loss of US$16.7 million for the full

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Volocopter aims to introduce urban air mobility to Chinese market

Air New Zealand defers planned capital raising to later in 2021

IATA and Eurofins partner to boost travel with testing

Airbus signs major integrated support contract with Egypt for C295 fleet

GDC Technics countersues Boeing over Air Force One contracts

FAA and EASA approve Viasat’s Ka-band In-Flight Connectivity System for Bombardier Challenger 300-series aircraft

AAR elects Ellen M. Lord to Board of Directors

AeroCentury reports full-year 2020 net loss of US$42.2 million

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19 April 2021

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