Chorus Aviation delivers first Bombardier CRJ1000 regional jet to Air Nostrum

Chorus Aviation has delivered the first of four Bombardier CRJ1000 regional jets to Air Nostrum, Lineas Aereas Del Mediterraneo, S.A. (‘Air Nostrum’), officially launching its regional aircraft leasing transaction with the European carrier. On November 9, 2016, Chorus announced a plan to purchase and lease four new CRJ1000 regional jets to Air Nostrum. The remaining […]

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AAR and Air New Zealand Form Strategic Partnership for Components

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AAR, a global leader in the aviation aftermarket, has entered into a long-term contract with Air New Zealand to provide nose-to-tail, cost-per-flight-hour rotable inventory support covering 740 parts and 15 of the airline’s B777 aircraft. Under reciprocal terms of the agreement, Air New Zealand will become AAR’s exclusive component repair provider for selected parts in

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Berkshire Hathaway to invest in United, American and Delta

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Having previously and openly avoided in investing in the volatile sector, Warren Buffet and Berkshire Hathaway have chosen to invest heavily in a number of airlines, including United Continental Holdings, American Airlines Group Inc. and Delta Air Lines. The investments were disclosed in filings with the Securities and Exchange Commission. The investments included the purchase

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British Airways announces US$110m airport experience investment

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British Airways has announced plans to invest US$110m in its US airport facilities. The investment includes over US$65m investment in JFK’s Terminal 7 to improve the customer journey at check in, security and boarding gates as well as a refurbishment of its First and Business class lounges. The British Airways lounges in Boston, San Francisco,

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RUAG opens regional component repair centre in Subang, Malaysia

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The official opening of the new RUAG Aviation component repair centre in Subang, Malaysia, confirms the aircraft provider’s commitment to the region. The centre serves the company’s position as a component services hub for aviation customers and OEMs in Asia. The announcement of the opening follows on a successful audit and European Safety Agency (EASA)

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Rockwell Collins to support cockpit equipment for U.S. Army CH-47F

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Rockwell Collins has won a follow-on service and support contract for its Common Avionics Architecture System (CAAS) on the U.S. Army’s CH-47F helicopter fleet. The contract covers up to 1,910 units by 2021. Originally fielded on the CH-47F aircraft in 2007, Rockwell Collins’ CAAS integrates multiple communications, navigation and mission subsystems through its flexible Flight2

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Manufacture of parts of Malaysia Airlines’ A350 XWB begins in Malaysia

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Manufacture of parts for the first of six new Airbus A350-900s for Malaysia Airlines Berhad (MAB) has begun around the world – including in Malaysia. CTRM and Spirits Aerosystems, two of Airbus’ Malaysia-based industrial partners, have begun producing components for the aircraft at their plants in Melaka and Subang, respectively. Airbus A350 XWB work undertaken

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FLY Leasing reports third quarter 2016 financial results

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FLY is reporting net income of US$22.9m for the third quarter of 2016. This compares to a restated net income of US$27.5m for the same period in 2015. Net income for the nine months ended September 30, 2016 was US$34.7m. The restated net income was US$3.7m for the same period in 2015. Adjusted net income

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Republic Airways intends to emerge from Chapter 11 in first quarter of 2017

Financial / Leave a Comment

Republic Airways Holdings has filed its Plan of Reorganization (the “Plan”) and a related Disclosure Statement with the U.S. Bankruptcy Court for the Southern District of New York. The Plan sets a course for the Company to emerge during the first quarter of 2017, and was filed with the full support of the Creditors Committee.

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Panasonic Avionics selects Ericsson for 5G-ready core across multiple markets

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Panasonic Avionics Corporation will provide LTE technology to the air transport and business aviation markets with future expansion into maritime and mining markets. The Ericsson 5G-ready core solution is based on Network Functions Virtualization (NFV) and Software Defined Networking (SDN). Ericsson has been selected by Panasonic Avionics Corporation to enable the next generation of connectivity

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Chorus Aviation delivers first Bombardier CRJ1000 regional jet to Air Nostrum

AAR and Air New Zealand Form Strategic Partnership for Components

Berkshire Hathaway to invest in United, American and Delta

British Airways announces US$110m airport experience investment

RUAG opens regional component repair centre in Subang, Malaysia

Rockwell Collins to support cockpit equipment for U.S. Army CH-47F

Manufacture of parts of Malaysia Airlines’ A350 XWB begins in Malaysia

FLY Leasing reports third quarter 2016 financial results

Republic Airways intends to emerge from Chapter 11 in first quarter of 2017

Panasonic Avionics selects Ericsson for 5G-ready core across multiple markets

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