29 June 2022

Heathrow’s plans for hike in passenger charges thwarted as CAA demands a reduction

London Heathrow Airport’s plans to increase passenger charges from £30.19 to £41.95 have been scuppered by the UK Civil Aviation Authority (CAA). Instead, the CAA is demanding that over the next five years passenger charges be incrementally reduced to the point where, by 2026, they have been reduced to £26.31 per passenger. The charges made …

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United States Army And Sikorsky Strengthen Army Aviation Fleet With 10th H-60 Black Hawk Helicopter Contract

The United States government and Sikorsky, a Lockheed Martin company, have signed a five-year contract for a baseline of 120 H-60M Black Hawk helicopters, with options to reach a total of 255 aircraft to be delivered to the U.S. Army and Foreign Military Sales (FMS) customers. Sikorsky continues to modernise and enhance the Black Hawk …

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IAG Cargo partners with Bollore Logistics to purchase one million litres of sustainable aviation fuel

IAG Cargo, the cargo division of International Airlines Group (IAG) announces its partnership with Bollore Logistics to purchase one million litres of sustainable aviation fuel (SAF). The SAF will be manufactured at Phillips 66 Humber Refinery in North Lincolnshire UK from sustainable waste feedstocks and delivered in two shipments, in July 2022 and November 2022 …

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Riverside Aircraft Maintenance Ready for Success with WinAir

Riverside Aircraft Maintenance has implemented WinAir Version 7 and is using the product daily to track and manage its maintenance activities and maintain inventory control. Over the past month, the company finished migrating its aircraft compliance and inventory data into the aviation management software, completed its role-based end-user training and entered the go-live stage of …

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Nordic Aviation Capital closes US$400m warehouse facility

Nordic Aviation Capital (NAC) has closed a five-year senior secured warehouse revolving credit facility with an initial committed amount of US$400 million (the Facility). Deutsche Bank AG acted as sole structuring agent for the Facility. Initial commitments for the Facility were provided by Deutsche Bank AG, Royal Bank of Canada and Citi. Gareth Halpin Executive …

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Silk Way West Airlines signs order for two A350F

Silk Way West Airlines based in Baku, Azerbaija, has signed a purchase agreement for two A350F aircraft. This is the first order from the Caspian region for this aircraft type. The freighters are intended to modernise and further grow the existing fleet with the most efficient and sustainable cargo aircraft available in the market.

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