18 August 2021

IAI issues consolidated financial statements for the first half and second quarter of 2021

Israel Aerospace Industries’ (IAI) sales in H1 2021 grew to approx. US$2,164 million compared with approx. US$2,078 million in the first half of 2020, an increase of 4.1%. The growth is primarily due to the increased sales in the Systems Missiles & Space Group, partly offset by reduced sales in the Aviation Group. The Military …

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UAV sales and support agreement signed between Barfield and DIODON

Barfield, the Americas subsidiary of Air France Industries KLM Engineering and Maintenance (AFI KLM E&M) has signed a partnership agreement with unmanned aerial systems (UAS) manufacturer and French start-up DIODON Drone Technology (DIODON). The agreement is for AFI KLM E&M to sell and support DIODAN’s UAS systems, which are renowned for their robustness, water-proofness, and …

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flyadeal signs long-term Flight Hour Services agreement with Airbus to support A320 fleet

flyadeal, the low-cost Jeddah-based airline owned by Saudi Arabian Airlines, has signed a long-term Flight Hour Services (FHS) agreement with Airbus to support its A320 fleet. The agreement includes the 1,000th aircraft supported by Airbus Flight Hour Services. The carrier will benefit from integrated material services including spare pool access, on-site stock at the main …

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Qantas Group to require employees to be vaccinated against COVID-19

The Qantas Group will require all employees to be fully vaccinated against COVID-19 as part of the national carrier’s commitment to safety. Frontline employees – including cabin crew, pilots, and airport workers – will need to be fully vaccinated by November 15, 2021, and the remainder of employees by March 31, 2022. There will be …

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Rolls-Royce to expand lease pool locations to Bombardier service centers

Bombardier, in conjunction with Rolls-Royce, is bolstering its maintenance service capabilities for Global aircraft customers at its service facilities. This unique agreement will enhance the customer experience for Global aircraft customers utilizing the BR710 engine by giving them access to a pool of Rolls-Royce-owned lease engines, located onsite at Bombardier service centers in Wichita, Tucson …

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HAECO Group appoints VP and Directors of Group Commercial for Europe, Middle East and Africa

HAECO Group has reported that Klaus-Peter Leinauer has joined the Group as Vice President of Group Commercial for Europe, Middle East and Africa (EMEA). Based in Germany and reporting to the group’s Hong Kong-based Chief Commercial Officer, Leinauer will oversee the Group’s efforts in strengthening commercial focus in the EMEA regions. He has extensive experience …

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