20 March 2023

Boeing set to manufacture 184 AH-64E Apaches for the U.S. Army and overseas users

Boeing has confirmed it is to build 184 AH-64E Apaches for the U.S. Army as well as several international customers. This will include the first Apaches for Australia. This latest award, valued at US$1.9 billion, will bring the total current funded value of the contract to US$2.1 billion. Future obligations have the potential to see […]

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Investor group led by Apollo completes acquisition of Atlas Air Worldwide

Atlas Air Worldwide (Atlas) a leading global provider of outsourced aircraft and aviation operating services, has released that the investor group led by funds managed by affiliates of Apollo, together with investment affiliates of J.F. Lehman & Company and Hill City Capital, has completed its previously announced acquisition of the company. The company will continue

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Afroport Mauritanie and IATA sign agreement on ground handling safety

The International Air Transport Association (IATA) and Afroport Mauritanie have signed an agreement to enhance the safety of ground operations in Mauritania with a focus on two critical global standards: IATA Ground Operations Manual (IGOM) and the IATA Safety Audit for Ground Operations (ISAGO). The agreement was signed by Kamil Alawadhi, IATA’s Regional Vice President,

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Air France-KLM

Air France-KLM repays €300 million of outstanding €600 million French State perpetual hybrid bonds 

Air France KLM has repaid €300 million of outstanding French State perpetual bonds, exceeding the 75% COVID-19 recapitalisation aid redemption threshold. In April 2021, Air France-KLM and the French State agreed to convert the direct French State loan of €3 billion, granted by the French State to Air France-KLM in late May 2020, into perpetual

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BAA Training partners with Airways Aviation Academy in France

BAA Training, one of Europe’s largest independent aviation training centres, has partnered with Airways Aviation Academy (ESMA), one of the largest privately owned multidisciplinary aviation academies based in France. BAA Training’s soon-to-open simulator centre near Paris-Orly Airport, BAA Training France, will be assisting the Airways Aviation pilots with MCC courses and A320/B737 type rating training.

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