24 September 2021

South African Airways takes to the sky again after a one-year hiatus

It was last September when flag carrying airline South African Airways (SAA) ceased operations after it had been under a form of bankruptcy protection since December 2019, and since then all planes had remained grounded. The carrier had been struggling against the dual problems of lack of profitability and the effects of the global COVID-19 …

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Wencor and PMA Aeroparts announce exclusive global distribution agreement and strategic partnership

PMA Aeroparts has selected Wencor as its exclusive global distribution partner for its Part Manufacturer Approval (PMA) product line, approved by the FAA under AP part number references, effective immediately. The global agreement includes filtration, sensors, switches, controls and hardware products, which will boost Wencor’s material solution offerings. Mark Hansson, President & CEO of PMA …

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SIA Engineering Company signs maintenance agreement with Hawaiian Airlines

SIA Engineering Company (SIAEC) has signed an agreement with Hawaiian Airlines to expand airframe maintenance services for its Airbus A330-200 fleet. SIAEC currently has existing airframe maintenance services agreements with Hawaiian Airlines for its A330 aircraft, covering heavy checks and painting. Under the new agreement, SIAEC will be performing 12-year checks commencing in March 2022. …

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easyJet bolsters investment in seasonal bases with five new aircraft across Malaga, Palma and Faro bases in 2022

As the European aviation market continues to recover, easyJet will be expanding its network of seasonal bases by adding five more aircraft across bases Malaga, Palma de Mallorca and Faro from May 2022. The investment will create around 120 direct jobs in Spain where the airline currently employs more than 400 people, all under local …

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EVE and Bristow enter partnership to develop UAM capabilities with order for up to 100 eVTOLs

Eve Urban Air Mobility (EVE) an Embraer company, and Bristow Group, a global leader in vertical flight solutions, have signed a Memorandum of Understanding to work together to develop an Air Operator’s Certificate (AOC) for Eve’s electric vertical takeoff and landing (eVTOL) aircraft. The partnership will develop an Urban Air Mobility (UAM) operating model using …

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Direct Maintenance to open new line maintenance stations in Frankfurt and Munich

Direct Maintenance, a certified line maintenance service provider, part of Magnetic MRO, has announced the recent expansion within Germany with scheduled opening of two new line maintenance stations in Frankfurt and Munich airports. Two new stations in Germany are the latest developments since the company began operating at Cologne-Bonn airport in July 1, 2021. Line …

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Nordic Aviation Capital appoints Norman C.T. Liu as incoming President

Regional aircraft lessor Nordic Aviation Capital (NAC) has appointed Norman C.T. Liu as its new President, effective immediately. Liu is a highly accomplished global aviation executive, having been President of GE Capital Aviation Services (GECAS) between 2009 and 2016, and its Chairman in 2016. The company has also made substantial progress in its restructuring with …

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EirTrade undertakes sale of Stobart Air inventories on behalf of Deloitte Ireland

EirTrade Aviation, the aviation technical asset services and trading company, has been appointed as an agent to act on behalf of joint liquidators Ken Fennell and Mark Degnan of Deloitte Ireland to broker the sale of Stobart Air inventories following the collapse of the company. “This is a new undertaking for EirTrade and we are …

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Investec provides growth finance facility to APOC Aviation for engines and landing gear portfolio

Utilizing an initial tranche of funds, APOC has secured an ongoing finance facility with Investec for multiple lease assets. APOC’s majority shareholder, Egeria, has worked with Investec across several of its portfolio businesses and has provided instrumental support throughout. “Investec offered us a facility that would start relatively small, but which could grow over time” …

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