September 15, 2022

Major boost for Gulfstream 400 programme as P&W Canada PW812GA gets type certification

Pratt & Whitney Canada, an offshoot of Pratt & Whitney, has announced it has received Type Certification from Transport Canada Civil Aviation for its PW812GA engine. This engine was chosen in in October 2021 to power the latest Gulfstream G400TM business jet. Once operational, the G400 will be the third Gulfstream jet to be powered …

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Apollo funds commit up to US$1.5 billion to Embraer customer financing agreement

Financial

Embraer S.A. (Embraer) has signed a memorandum of understanding with an affiliate of Apollo, on behalf of its clients and managed funds, with respect to a US$1.5 billion (£1.3 billion) customer financing programme for Embraer’s regional aircraft. Apollo, working alongside Embraer, will offer a comprehensive range of innovative and bespoke solutions across the spectrum of …

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Porter Airlines to lease six Embraer E195-E2 aircraft from TrueNoord

Aircraft & Engines

Specialist regional aircraft lessor TrueNoord, has completed the purchase agreement for multiple new E195-E2 aircraft from Embraer. The next-generation jets will join Porter Airlines’ growing fleet on a long-term operating lease. All six aircraft are to be delivered in 2023 and are part of Porter’s first firm E2 order for 30 E195-E2s, confirmed in 2021. …

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Satair and Triumph Aviation Services Asia extend repair agreement for Airbus proprietary parts

MRO & Production

Satair, an Airbus services company, and Triumph Aviation Services Asia (TASA) have signed a multi-year agreement extending the long-standing provisioning of repair station services for Airbus proprietary parts powered by Satair. Since 2015, Satair has partnered with TASA – part of Triumph Group of the U.S.A., which has carried out repair services for a wide …

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Lufthansa fully back in private hands

Financial

The Economic Stabilization Fund of the Federal Republic of Germany (WSF) has released that all the remaining shares of its holding in Deutsche Lufthansa AG has been sold to various investors via an accelerated book building process. The WSF last held around 6.2% of the company’s share capital (74.4 million shares). The WSF had acquired …

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Chorus Aviation announces President & Chief Executive Officer succession

People

The Board of Directors of Chorus Aviation (Chorus) has released that Joseph (Joe) Randell plans to retire as President and Chief Executive Officer, in the first quarter of 2023, following the company’s reporting of its 2022 year-end results. His retirement will follow a 37-year leadership career in regional aviation. Upon Randell’s retirement, Colin Copp will be appointed President …

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TAM’s first half year exceeds expectations

MRO & Production

With the books closed on the first half of 2022, TAM, Täby Air Maintenance, looks back on a good first half year and has high hopes for an equally good rest of the year. A number of Saab 340 cargo conversions and the new Saab 2000 cargo conversion programme well under way adds to a …

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Embraer engages OGMA for maintenance and modernisation of A-29 Super Tucano

Military & Defense

Embraer has announced the beginning of the engagement process for OGMA S.A., the company’s subsidiary in Portugal, to perform support and maintenance for the A-29 Super Tucano, as well as future modifications to the aircraft to meet the requirements of current and future customers in the region. Thus, OGMA will be the first company in …

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Qatar Airways re-introduces A380 to Perth

Airlines & Routes

Starting December 6, 2022, Qatar Airways will be increasing passenger capacity on its flights to and from Perth. Previously operated by the Boeing B777-300ER, passengers will now have a chance to journey on board the A380, featuring a three-class configuration of seating over two decks with a dedicated onboard premium lounge. The aircraft will accommodate an …

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