June 27, 2022

Battle for Spirit Airlines heats up as ISS now recommending Frontier offer

The battle between Frontier Group Holdings (Frontier) and JetBlue Airways Corp. (JetBlue) for the acquisition of Spirit Airlines Inc. (Spirit) has taken another twist as proxy advisory firm Institutional Shareholder Services Inc (ISS) has changed its recommendation subsequent to the most recent revised offer from Frontier. “On balance, support for the merger with Frontier on …

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Government of Cyprus orders six H145 helicopters

Military & Defense

The Government of Cyprus has signed a contract with Airbus Helicopters for the purchase of six H145Ms with an option for another six aircraft. The five-bladed helicopters will be operated by the Cypriot National Guard. “The implementation of this agreement will provide the National Guard with a cost-effective and high-performance helicopter solution that satisfies the …

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Fritz Joussen, CEO of TUI, hands over his position to Sebastian Ebel

People

Sebastian Ebel, currently the Chief Financial Officer, is to become CEO of TUI. After around ten years at the helm, Fritz Joussen will hand over his position as CEO of the tourism group at the end of September. He is exercising a right of resignation granted in connection with the conditions of the Corona stabilisation …

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Embraer signs contract for up to ten passenger-to-freight conversions

MRO & Production

Embraer has signed a firm order for up to ten Embraer E-jets passenger-to-freight (P2F) conversions with an undisclosed customer. Aircraft for conversion will come from the customer’s current E-jets fleet, with deliveries starting in 2024. This is the first firm contract for Embraer’s P2F, being the second agreement for this kind of operation. In May, …

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Rolls-Royce signs TotalCare agreement with South Korean airline T’way

MRO & Production

Rolls-Royce and South Korean airline T’way have signed a TotalCare® service agreement for Trent 700 engines that will power three Airbus A330 aircraft. The agreement is the first time T’way has selected TotalCare – adding another new member to the global family of operators relying on this service. It also marks the first time Trent …

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Spain orders 20 Eurofighter jets

Military & Defense

The NATO Eurofighter and Tornado Management Agency (NETMA) has signed a landmark contract for the acquisition of 20 latest generation Eurofighter jets. Known as the Halcon programme, the order will cover the delivery of a fleet of E-Scan (Electronically Scanned) radar equipped fighter aircraft consisting of 16 single-seaters and four twin-seaters to replace the F-18 …

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HAECO Group selects dentCHECK from 8tree to enhance maintenance operation

MRO & Production

HAECO Group has begun using 8tree’s dentCHECK tool to enhance the efficiency and quality of its dent-mapping activities. In particular, HAECO Hong Kong and HAECO Americas are already making use of dentCHECK’s new automatic large-area mapping capability to drastically reduce the time taken for inspecting incoming hail-damaged aircraft. dentCHECK is the only handheld-portable, completely wireless …

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Battle for Spirit Airlines heats up as ISS now recommending Frontier offer

Government of Cyprus orders six H145 helicopters

Fritz Joussen, CEO of TUI, hands over his position to Sebastian Ebel

Embraer signs contract for up to ten passenger-to-freight conversions

Rolls-Royce signs TotalCare agreement with South Korean airline T’way

Spain orders 20 Eurofighter jets

HAECO Group selects dentCHECK from 8tree to enhance maintenance operation

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27 June 2022

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