Aircraft Recycling International Limited (ARI) has acquired a 100% equity interest in Universal Asset Management (UAM), one of the leading global aviation services providers based in Tennessee, USA. UAM has nearly three decades of commercial and technical experience managing customers’ aviation assets, disassembling aircraft and supplying after-market components to the commercial aviation industry. With its […]
ARI fully acquires UAM Read More »
Embraer performed the maiden flight of the E190-E2 fourth prototype, on March 17, at the São José dos Campos facility. This aircraft will be used for specific interior tests such as cabin evacuation, environmental comfort and internal noise. The aircraft, serial number 20.004, will join the flight-test fleet, comprised of the first three E190-E2 prototypes,
Embraer flies fourth E190-E2 prototype and advances in certification campaign Read More »
Air Partner’s Aircraft Remarketing division (formerly Cabot Aviation), a leading aircraft remarketing agent, has arranged the sale of two B747-400 aircraft on behalf of China Airlines. The aircraft were sold on 3 March 2017 to Jet Midwest Group, a full-service commercial aircraft, engine and spare parts trading company offering complete end-of-life creative product support solutions.
Air Partner sells two B747-400s on behalf of China Airlines Read More »
BAA Training, European standard aviation training center, has signed a cooperation contract with International Flight Training Center Istanbul (ITFC Istanbul). The agreement covers lease of Airbus A320 and Boeing 737 FFS for BAA Training students’ training in Turkey’s capital. The one year-long contract will allow BAA Training’s pilot trainees from the surrounding regions to conveniently
BAA Training and IFTC Istanbul sign FFS lease agreement Read More »
Lockheed Martin will support the Department of Defense’s efforts against cyber criminals under a new contract overseeing the world’s largest accredited digital forensics lab. Lockheed Martin will continue its role as the prime contractor for the Defense Cyber Crime Center (DC3), delivering a range of technical, functional and managerial support. Under the US$347m, five-year contract
Lockheed Martin selected by the Department of Defense to fight cyber crime Read More »
At the 11th World Air Cargo symposium in Abu Dhabi, IATA (International Air Transport Association) has called upon the air cargo industry to accelerate its speed of modernization, and to concentrate more on delivering a service of a high quality. Until the last half of 2016, which saw a 7% increase in demand compared to
Air cargo modernization urged by IATA Read More »
Avcorp Industries has entered into an agreement to extend its existing credit facilities with its current lender to US$58m, up from CAD$21m. The credit facility extension supports the Company’s recent efforts to re-structure operations, win long-term production contracts and strengthen its relationships with key customers. The current credit facilities will be extended in increments through
Avcorp extends credit facilities to US$58m Read More »
Jet Aviation Flight Services will operate and manage a U.S.-based fleet of Bombardier Challenger 350 aircraft for VistaJet’s Program customers. Jet Aviation has been a trusted partner of VistaJet since 2013, when they were selected to operate and manage the VistaJet-owned fleet of Global 5000s in the U.S. The alliance has now been expanded to
Jet Aviation and VistaJet join forces for smooth flying experience Read More »
HNZ Group, an international provider of helicopter transportation and related support services, reported its financial and operating results for the fourth quarter and fiscal year ended December 31, 2016.Revenue increased by US$2.1m to US$50.9m in the fourth quarter of 2016, compared to US$48.8m a year ago, mainly as a result of increased revenue from the
HNZ Group reports 2016 year-end results Read More »
Boeing and the U.S. government have signed a five-year, US$3.4bn contract through which the Army, and a customer outside the U.S., will acquire the latest Apache attack helicopter. This is the first multi-year agreement for the Apache “E” variant. The Army will receive 244 remanufactured Apaches while 24 new ones will go to the international
Boeing, U.S. Army sign US$3.4bn contract for 268 AH-64E Apache Helicopters Read More »
