On July 5, 2022, SAS AB (Scandinavian Airlines or SAS) the flag-carrying airline of Norway, Denmark and Sweden filed for bankruptcy in the U.S. courts under Chapter 11 as part of a business restructuring plan called SAS FORWARD. Three of the key elements of this plan were to immediately reduce annual operating costs by between […]
SAS secures lease agreements for further seven aircraft under Chapter 11 Read More »
International aircraft leasing company Avolon has released that Doug Keatinge has joined the company as Head of Communications. Keatinge will be responsible for leading Avolon’s corporate and financial communications. He has over 20 years’ experience in public relations and journalism, most recently as a Partner at Murray Group, a leading PR consultancy. Keatinge has also
Avolon appoints new Head of Communications Read More »
AJW Group, an independent aircraft component parts, repair and supply chain solutions provider, has extended a power-by-the-hour (PBH) support contract with Brazilian cargo operator Modern Logistics. The support contract providing full power-the-hour services for B737CL freighters, has been in operation since 2017 and was the first PBH contract for AJW in Brazil. Since 2017, AJW
AJW Group extends power-by-the-hour support to Brazilian operator, Modern Logistics Read More »
VoltAero has completed the first tranche in its Series B financing, with Italy’s TESI becoming a strategic investor and industrial partner. The new funding round, which includes a €32 million (£27.83 million) capital raise, will cover certification and production launch of the first member in its electric-hybrid aircraft family, the Cassio 330. “TESI’s decision to
VoltAero secures first funding in Series B round from strategic industrial investor TESI Read More »
IBC Advanced Alloys, a leading beryllium and copper advanced alloys company, is now supplying beryllium-aluminium (BeAl) alloy components under contract to L3Harris Technologies, for use in an undisclosed aerospace application. IBC’s work in supplying BeAl components to L3Harris is in the early stages and the Company expects that it could lead to significant material amounts
IBC Advanced Alloys selected as supplier for L3Harris Read More »
WestJet Cargo and SmartKargo have announced the successful launch of their state-of-the-art air cargo management platform. The partnership will provide a comprehensive digital solution that will transform and strengthen WestJet Cargo’s business and user experience for customers, in advance of the upcoming arrival of its dedicated freighters. SmartKargo is a leading Cloud provider of
WestJet Cargo and SmartKargo launch new air cargo platform Read More »
Atitech has announced that its EASA.IT 145.0026 certification has been extended to include Alitalia capabilities for line maintenance, base maintenance and shops. Also the EASA CAMO PART M (IT.CAMO.1005) has been extended to include Alitalia CAMO PART M capabilities, in addition to the Airbus A320F, the A330F, the Boeing B777 and the Embraer ERJ family.
Canada Jetlines Operations (Canada Jetlines) the new, all-Canadian leisure airline, has released that the United States Department of Transportation has granted economic authority to serve the U.S. This exemption is effective immediately and will be replaced by a permanent foreign air carrier permit. Canada Jetlines requires Federal Aviation Administration (FAA) approvals before it can start
Department of Transportation grants Canada Jetlines authority to service U.S. routes Read More »
