August 20, 2021

U.S. equity purchase of defense firm Ultra to be investigated by U.K. government

Britain has confirmed that it may well investigate possible national security risks that may result from the intended sale of Ultra Electronics (Ultra) for £2.6 billion (US$3.6 billion) to Cobham, a rival company which is owned by U.S. private equity firm, Advent. Ultra, which provides customers with torpedo and radar systems, plus additional defense communication …

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Jet Edge International to add 27 new aircraft to its fleet

Aircraft & Engines

After a record-setting first half of 2021, Jet Edge has announced the addition of 27 state-of-the-art aircraft to its AdvantEdge fleet. The Bombardier Challenger 300/350 (16) and Gulfstream G450 (11) aircraft will all be flying by the end of the year, bringing the total available aircraft for charter in the AdvantEdge fleet to 74 (38 …

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Ann McManus joins TrueAero as Vice President of Talent Management

People

TrueAero (TrueAero) has announced the arrival of Ann McManus to its executive leadership team as Vice President of Talent Management. McManus brings over 20 years of human resources development and leadership experience to the team, most recently with Dubai Aerospace Enterprise (DAE) and AWAS, where she resourced the business for growth, designed and implemented HR …

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IAI to establish passenger-to-freighter conversion site in Ethiopia

MRO & Production, Top Stories

Israel Aerospace Industries (IAI) Aviation Group has signed an agreement with Ethiopian Airlines to establish a conversion site for Boeing 767-300 passenger aircraft. The new passenger-to-freighter conversion center, which will operate from the company’s maintenance center in Addis Ababa, will provide solutions for the rising demand for cargo aircraft of these models. The conversion line …

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GA Telesis signs distribution agreement with WiN MS to supply wire network maintenance and monitoring equipment

MRO & Production

GA Telesis (GAT) has signed an agreement with Paris-based WiN MS to be a global distributor of wire network maintenance and monitoring equipment. The equipment provides testing equipment for troubleshooting aircraft electrical wiring, HF/RF cable, and fiber optic systems. The addition of WiN MS Aero Smart-R, Aero HD, and Aer’Optic maintenance kits makes wire troubleshooting …

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NAC delivers one ATR 72-600 aircraft on lease to Windrose Aviation Company

Aircraft & Engines

Nordic Aviation Capital (NAC) has delivered one ATR 72-600 aircraft, MSN 1222, to Windrose Aviation Company on lease. Ukrainian carrier Windrose Aviation Company was founded in 2003. In 2007, the airline received an operator’s certificate and began operating charter flights under the brand name “Windrose Airlines”. Today Windrose is one of the leading companies of …

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In July Domodedovo Airport served 2.7 million passengers

Traffic

Moscow Domodedovo Airport has summed up the results of its operational activities in July 2021. Passenger traffic for the air hub amounted to 2.7 million people. The largest increase in traffic was attributed to Sochi, Simferopol, Kaliningrad, Anapa and Gelendzhik – a 76% year-to-year increase compared to 2019. On domestic flights, Moscow Domodedovo Airport served …

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BOC Aviation posts first-half 2021 net income of US$254 million

Uncategorized

BOC Aviation has announced its unaudited results for the six months ended June 30, 2021. The company reported net profit after tax (NPAT) of US$254 million for the first half of 2021. Profitability has improved since the second half of 2020, as the earnings and cash flow outlook improved for most of its airline customers, …

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