As it comes out the other side of the COVID pandemic Swissport, the Swiss aviation services company providing airport ground, lounge hospitality and cargo handling services has successfully completed a new €600 million Term Loan offering whilst also entering into a new €200 million Super Senior Revolving Credit Facility. The funds will be used for […]
SAS AB has reached agreements with ten lessors, representing in aggregate 36 aircraft, to amend the terms of existing aircraft and equipment lease agreements. The agreements constitute an important step in reconfiguring the fleet and achieving an SEK 7.5 billion in annual cost savings under the SAS FORWARD plan. The amended lease agreements are subject
SAS reaches amended lease agreements with ten lessors representing 36 aircraft Read More »
Airbus has started development flight testing of the GTF Advantage engine on an A320neo aircraft. This early flight test campaign will continue to mature the engine by testing it in a variety of environments, including hot and cold weather and operation from high-altitude airports. The flight test campaign is an extension of ongoing product development
Pratt & Whitney GTF Advantage™ flight testing starts on Airbus A320neo aircraft Read More »
In September, Finnair carried 890,500 passengers, which was 198.7% more than in September 2021. The number of passengers in September 2022 was 1.1% more than in August 2022 (month-on-month figures are not fully comparable as there was one day less in September). The COVID-19 impact, including the strict travel restrictions imposed by many countries, still
Finnair reports traffic performance for September 2022 Read More »
GKN Aerospace has acquired a pioneering Swedish additive manufacturing system business, as part of its engine business’ journey to transform its supply chain and offer more sustainable and advanced material solutions to customers. Permanova Lasersystem AB, based in Gothenburg, is a leader in advanced laser technology and cell integration and is a current supplier of
Abelo, the Irish-based regional aircraft leasing platform specialising in turboprop aircraft, has appointed Richard Hill to the role of Chief Financial Officer with immediate effect. Hill has over 15 years of experience in the aviation sector, holding several senior finance and commercial roles within airlines and airports. His financial expertise, as well as more experience
Abelo names Richard Hill CFO Read More »
Pro Star Aviation, an innovative special mission aerospace modification centre, in partnership with CNC Technologies, have delivered the fifth high-tech special mission Cessna 208 Caravan to the Texas Department of Public Safety. CNC Technologies selected Pro Star Aviation to perform completion services and installation based on their past work experience on special mission platforms. The team integrated
Pro Star Aviation and CNC Technology deliver fifth special mission Cessna Caravan Read More »
