In an effort to avoid its current stake in the former Bombardier C Series programme being diluted by a next round of financing, Quebec has agreed to contribute US$300 million to a combined total of US$1.2 billion in new investment. According to REUTERS news agency Quebec will maintain its 25% minority stake in the A220 …
Quebec invests further US$300 million into Airbus A220 programme Read More »
Textron Aviation has rolled out the first production unit of the twin-engine, large-utility turboprop, the Cessna SkyCourier, at the company’s manufacturing facility in Wichita. The new, clean-sheet design has allowed for the incorporation of the latest state-of-the-art assembly and fabrication processes and techniques into the manufacturing of the aircraft. From the SkyCourier’s inception, launch customer …
Textron Aviation rolls out first production Cessna SkyCourier large-utility turboprop Read More »
Allegiant Air has announced the purchase of advanced CFM International LEAP-1B engines to power up to 100 Boeing 737 MAX 7 and 737 MAX 8 aircraft scheduled to begin delivery in 2023. The engine order also includes a service agreement. Allegiant has been a CFM customer since 2013 and has a current fleet of 110 …
Allegiant Air orders CFM LEAP-1B engines for Boeing 737 MAX fleet Read More »
The Chairman of the Executive Board of Lufthansa Technik, Dr. Johannes Bussmann, will leave the Lufthansa Group at his own request later this year. After more than seven years in his current role and ten-years on the Executive Board, he will hand over leadership of the company to COO Soeren Stark. Stark has been a …
Soeren Stark to become new Chairman of Executive Board of Lufthansa Technik Read More »
The Milestone Aviation Group (Milestone), a global leader in helicopter leasing, has successfully completed the final delivery of the medium helicopter fleet renewal programme for Aramco Overseas Company, a subsidiary of Saudi Aramco (Aramco), a fully integrated, global petroleum and chemicals enterprise. Milestone delivered the last unit of the 21 factory-new, highly-specified Leonardo AW139 helicopters, …
Milestone Aviation Group completes Aramco’s helicopter fleet renewal programme Read More »
The New South Wales (NSW) Government has helped generate more than 2,500 new jobs, providing support that has secured Sydney as the national hub for Rex Airlines. The package is part of the US$250 million “Jobs Plus” programme, offering companies support to establish and expand their footprint in NSW, including payroll tax relief, streamlined planning …
Rex Airlines expansion paves way for 2,500 jobs in NSW, Australia Read More »
ORIX Aviation has established a new office in Dubai, situated in the DIFC. The opening of the Dubai office is in response to the continued growth and success of ORIX Aviation’s business.” Chief Commercial Officer of ORIX Aviation Paul O’Dwyer, has relocated from Dublin to Dubai and will play a key role in the development …
