November 22, 2021

Israel’s airlines get further bailout of US$44 million to counteract COVID crisis

Israel’s Finance and Transportation Ministries have issued a joint statement announcing that the country’s cabinet has approved a further round of borrowing for carriers that have been affected by the ongoing COVID-19 pandemic. A total of US$44 million will be made available in the form of interest-free, three-year bonds. According to REUTERS news agency, any …

Israel’s airlines get further bailout of US$44 million to counteract COVID crisis Read More »

Travelport and Air Canada have signed a new content distribution agreement

Air Canada exits Government of Canada financial support

Financial

Air Canada has released that due to its improved liquidity position and ongoing recovery from the pandemic it is withdrawing from further Government of Canada financial support. The support package, announced in April 2021, provided the carrier access to interest bearing loans of CA$5.375 billion through several separate credit facilities. To date, Air Canada has …

Air Canada exits Government of Canada financial support Read More »

Boeing delivers first P-8A Poseidon to Norway

Military & Defense

The Norwegian Defence Materiel Agency (NDMA) has accepted the first of five Boeing P-8A Poseidon maritime patrol aircraft that will be operated by the Royal Norwegian Air Force (RNoAF). Norway’s first P-8A aircraft, named Vingtor, was delivered to the NDMA during a ceremony at the Museum of Flight in Seattle, Washington. The milestone comes four …

Boeing delivers first P-8A Poseidon to Norway Read More »

Collins Aerospace acquires Dutch Thermoplastic Components

Financial

Collins Aerospace has announced the acquisition of Dutch Thermoplastic Components (DTC), a leader in the development and fabrication of structural thermoplastic composite parts. With this acquisition, Collins will expand the use of advanced thermoplastics to make aircraft lighter and more fuel-efficient. Thermoplastic parts can be manufactured in minutes and the process can be easily automated, …

Collins Aerospace acquires Dutch Thermoplastic Components Read More »

CMA CGM Group orders four A350F freighter aircraft

Aircraft & Engines

CMA CGM Group, a world-leader in shipping and logistics and Airbus have signed a binding Memorandum of Understanding (MoU) for the purchase of four A350F freighter aircraft. The order, which is subject to finalisation in the coming weeks, will increase CMA CGM’s total Airbus fleet to nine aircraft, including five A330-200Fs. The aircraft will be …

CMA CGM Group orders four A350F freighter aircraft Read More »

GE provides avionics and power systems for new Gulfstream G400 and Gulfstream G800 aircraft

MRO & Production

GE Aviation is supplying the data concentration network, advanced power management system and health management system for the recently unveiled Gulfstream G400 and Gulfstream G800 business jets. The data concentration network for the G400 and G800 is common from the G500 and G600 and builds on GE’s common core system from the Boeing 787 aircraft. …

GE provides avionics and power systems for new Gulfstream G400 and Gulfstream G800 aircraft Read More »

RECARO Group setting the course for next phase of corporate development

People

Personnel and structural changes are taking place at the Recaro Group, a provider of high-quality seating solutions, setting the course for the next phase of the company’s development. On January 1, 2022, Dr. Mark Hiller CEO of Recaro Aircraft Seating since 2012, will also become CEO of Recaro Holding GmbH, the Group’s strategic management company. …

RECARO Group setting the course for next phase of corporate development Read More »

OGMA strengthens collaboration with Pratt & Whitney on GTF engine maintenance

MRO & Production

OGMA, an Embraer Group company, has signed a new contract with Pratt & Whitney that reinforces the collaboration between the two companies, which began a year ago. This agreement ensures that OGMA will provide maintenance for the PW1900G engine that currently powers the Embraer E190-E2 and E195-E2 aircraft. In November of 2020, OGMA was announced …

OGMA strengthens collaboration with Pratt & Whitney on GTF engine maintenance Read More »

J&C Aero receives first EASA Part 145 approval, launches component repair shop

Uncategorized

J&C Aero, an international aviation design and production company, has announced the receipt of its first EASA Part 145 approval and the launch of an in-house component repair shop. In addition, the company is set to more than double its production and MRO facilities in early 2022. Received in October 2021, the EASA Part 145 …

J&C Aero receives first EASA Part 145 approval, launches component repair shop Read More »