June 3, 2022

CMA demands CHC Group sell off newly acquired Babcock’s UK helicopter services

The UK Competitions and Market Authority (CMA) has concluded its investigation into the acquisition of Babcock’s UK, Denmark and Australian operations by the U.S.-based operator CHC Group (CHC). As a consequence, the CMA has informed CHC it must divest itself of all UK-related oil and gas operations, citing the acquisition’s adverse effect on rivalry. CHC […]

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United expands Flight Training Center to prepare for pilot hiring surge

Other News

United Airlines is expanding its Flight Training Center as the airline seeks to hire an additional 10,000 pilots by 2030. The airline will add a new four-story building on the 23-acre campus in Denver’s Central Park neighbourhood that will house 12 additional advanced flight simulators, training classrooms, conference rooms and offices. The expansion project is

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Gulfstream to add more than 200 new positions at Appleton, Wisconsin facility

MRO & Production

Gulfstream Aerospace is investing more than US$55 million (£43.6 million) and hiring for more than 200 new positions at its Appleton, Wisconsin, facility to meet customer demand and growth in its fleet. The new investment is a continuation of expansion across the company, including new facilities in Fort Worth, Texas, and Mesa, Arizona and an

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Bombardier appoints Jianwei Zhang as Chairman, Bombardier China

People

Bombardier has appointed Jianwei Zhang as Chairman, Bombardier China, effective immediately. The appointment of the seasoned professional reaffirms Bombardier’s commitment to China where the company continues to offer market-leading business jets and provide aftermarket services at its strategically located service centre in Tianjin. Zhang, who was previously part of Bombardier’s management team, will report to

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Atlas Air takes delivery of first of four B747-8 freighters

Aircraft & Engines

Atlas Air has taken delivery of a Boeing 747-8 freighter, which will operate on behalf of its customer Cainiao, the logistics arm of Alibaba Group, as part of a previously announced long-term agreement. The aircraft will increase capacity on routes between China and the Americas. This aircraft is the first of four new 747-8 freighters

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Frontier Airlines and Spirit Airlines announce amended merger agreement

Financial

Spirit Airlines and Frontier Group Holdings, parent company of Frontier Airlines, have announced an amendment to their previously announced merger agreement dated February 5, 2022. Under the terms of the amended merger agreement, which has been unanimously approved by the boards of directors of both companies, Frontier would pay a reverse termination fee of US$250

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ALC places three new Airbus A321neo aircraft on lease to LATAM Airlines

Aircraft & Engines

Air Lease Corporation (ALC) has announced long-term lease placements for three new Airbus A321neo aircraft with LATAM Airlines. The aircraft are scheduled to deliver to LATAM in summer and fall of 2023 from ALC’s orderbook with Airbus. “We are pleased to announce the long-term leases of three new Airbus A321neo aircraft to the largest airline in

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CMA demands CHC Group sell off newly acquired Babcock’s UK helicopter services

United expands Flight Training Center to prepare for pilot hiring surge

Gulfstream to add more than 200 new positions at Appleton, Wisconsin facility

Bombardier appoints Jianwei Zhang as Chairman, Bombardier China

Atlas Air takes delivery of first of four B747-8 freighters

Frontier Airlines and Spirit Airlines announce amended merger agreement

ALC places three new Airbus A321neo aircraft on lease to LATAM Airlines

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3 June 2022

CMA demands CHC Group sell off newly acquired Babcock’s UK helicopter services

United expands Flight Training Center to prepare for pilot hiring surge

Gulfstream to add more than 200 new positions at Appleton, Wisconsin facility

Bombardier appoints Jianwei Zhang as Chairman, Bombardier China

Atlas Air takes delivery of first of four B747-8 freighters

Frontier Airlines and Spirit Airlines announce amended merger agreement

ALC places three new Airbus A321neo aircraft on lease to LATAM Airlines

Stay Connected

Subscribe