September 13, 2021

LATAM Group receives offers for exit financing that exceed US$5 billion each, expects to recover pre-pandemic profitability by 2024

LATAM Airlines Group S.A. (including certain of its debtor affiliates in Brazil, Chile, Colombia, Ecuador, the United States, and Peru) has released its five-year business plan along with advances regarding its exit financing process. This milestone marks one of the final stages before the presentation of its plan of reorganization. LATAM forecasts recovering 2019 profitability […]

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Italy’s new ITA clear to take off without Alitalia baggage

Financial, Top Stories

Rising from the ashes of the now defunct Italian flag-carrying airline Alitalia, Italia Transporto Aero (ITA) has been given the all-clear by EU competition regulators to launch as a new Italian carrier but without having to repay some €900 million in illegal state loans granted to Alitalia. ITA will begin operations with approximately half of

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Airlink confirms selection of Rolls-Royce Totalcare® for engine servicing

MRO & Production

Rolls-Royce and Airlink have signed a TotalCare® service agreement for the AE3007 engines that power the South African airline’s fleet of Embraer ERJ135 aircraft. The agreement, which covers 28 aircraft, is an extension of service for a further ten years, continuing the airline’s drive to maximize aircraft availability. Airlink CEO, Rodger Foster, said; “Airlink and Rolls-Royce have worked

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ECS Group appoints Adrien Thominet to Executive Chairman

People

CEO Adrien Thominet has recently been appointed to Executive Chairman of ECS Group, succeeding Bertrand Schmoll. He took over the Executive Chairman role on 01 August 2021. Adrien Thominet has been with ECS Group for more than 25 years, becoming its COO in 2011 and then CEO in 2017. Over the past four years, ECS

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Atlas Air Worldwide signs new five-year labor agreement with Atlas Air and Southern Air pilots

Airlines & Routes

Atlas Air Worldwide has announced that its Atlas Air, Inc. subsidiary has completed a new joint collective bargaining agreement (JCBA) for its Atlas Air and Southern Air pilots, who are represented by the International Brotherhood of Teamsters (IBT). The five-year JCBA is one of the last major steps in completing Atlas Air’s merger with Southern

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Collins Aerospace unveils Lilac-UV, a new sanitizing light solution for aircraft interiors

Other News

Collins Aerospace, has unveiled Lilac-UV, an ultraviolet (UV) lighting solution to sanitize aircraft interiors nearly anywhere a light is installed inside an aircraft. Lilac-UV emits a slight violet light that disinfects surfaces in seconds to minutes, depending on lamp configuration and specific pathogen. Lilac-UV can be applied in lavatories, galleys, flight decks, cargo bays and

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GE Aviation awarded U.S. FAA CLEEN III funding for more sustainable aviation technologies

Other News

GE and the U.S. FAA will invest nearly $US 55 million over five years to accelerate development of a series of technologies for more sustainable aviation, including open fan engine architecture, electrification, noise-lowering technologies, and more, as well as ongoing research into alternative jet fuels through the FAA‘s Continuous Lower Energy, Emissions and Noise (CLEEN)

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United, Honeywell invest in new clean tech venture from Alder Fuels

Aircraft & Engines

United and Honeywell have announced a joint multimillion-dollar investment in Alder Fuels – a cleantech company that is pioneering first-of-its-kind technologies for producing sustainable aviation fuel (SAF) at scale by converting abundant biomass, such as forest and crop waste, into sustainable low-carbon, drop-in replacement crude oil that can be used to produce aviation fuel. When

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