It was on Tuesday afternoon in the U.S. that air traffic controllers discovered a glitch with the computer system that would require an entire reboot. The problem was discovered to be a corrupt file in the main Notice to Air Missions, or NOTAM. A corrupt file was also found in the backup system. The NOTAM […]
LCI, a leading aviation company and a subsidiary of Libra Group, has signed an agreement with Elroy Air, developer of advanced autonomous cargo aircraft systems, to acquire up to 40 of the company’s Chaparral vertical take-off and landing (VTOL) aircraft. LCI’s investment in Elroy Air’s system underpins the company’s long-term commitment to sustainable growth and
LCI to acquire up to 40 Chaparral (VTOL) aircraft from Elroy Air Read More »
Independent spare engine leasing company Engine Lease Finance Corporation (ELFC) has named Avril Comerford to the position of Executive Vice President and Chief Financial Officer with overall responsibility for the Finance function,replacing Declan Sheedy who is departing the company after 19 years of service to pursue other opportunities. Comerford has 20+ years of experience in
ELFC appoints Avril Comerford to Executive Vice President and Chief Financial Officer Read More »
Airbus UpNext, a wholly owned subsidiary of Airbus, has started testing new, on ground and in-flight, pilot assistance technologies on an A350-1000 test aircraft. Known as DragonFly, the technologies being demonstrated include automated emergency diversion in cruise, automatic landing and taxi assistance and are aimed at evaluating the feasibility and pertinence of further exploring autonomous
Airbus UpNext tests new pilot assistance technologies Read More »
AAR CORP. (AAR) has released that John M. Holmes, President and Chief Executive Officer of AAR has been named Chairman of the Board of Directors following the retirement of David P. Storch, the company’s Chairman for 18 years. Holmes will continue as President and Chief Executive Officer of the company. Holmes joined AAR in 2001
John M. Holmes named Chairman of the Board of Directors of AAR Read More »
KKR, a leading global investment firm, and Altavair L.P., a leader in commercial aviation finance, have announced that KKR is making an additional US$1.15 billion commitment to expand its global portfolio of leased commercial aircraft in partnership with Altavair. The investment will come from KKR’s credit and infrastructure funds. KKR has deployed and committed US$1.7
KKR to invest additional US$1.15 billion in aircraft leasing with Altavair Read More »
Travelport, a global technology company that powers bookings for hundreds of thousands of travel suppliers worldwide, and Avianca Airlines, headquartered in Colombia and a member of Star Alliance, have renewed their long-standing relationship with a new distribution agreement. As part of the new deal, Travelport-connected agencies will have access to Avianca’s wide-ranging travel offers and
Travelport and Avianca Airlines sign new distribution agreement Read More »
International air cargo consortium Challenge Group has selected AMOS for Challenge Airlines BE, Challenge Airlines IL, Challenge Airlines MT and Challenge Technic. The AMOS Airline Edition will enable the airlines to streamline operations, increase efficiency and reduce overall maintenance costs by improving and digitising internal aircraft maintenance procedures. As part of the paperless maintenance process,
Challenge Group opts for AMOS Read More »
Regional Express, Rex, has released that its unaudited management accounts for November have shown a further increase in profitability for its domestic Boeing 737 jet operations, with the profit before tax (PBT) improving from about AU$2 million to AU$2.8 million. This makes November the third consecutive month that the domestic jet operations have been overall
Rex reports improved profitability Read More »
