Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, has recently completed its first Pratt & Whitney Canada (P&WC) PW305A engine test at its Fleetlands facility in Gosport, Hants, UK. The announcement highlights Vector’s continuous growth in the business and general aviation engine support market. Commenting on the milestone of […]
Airstream International Group has arranged the sale of a second DHC-8-Q311 aircraft to CemAir, South Africa. The aircraft sale was arranged on behalf of a global investor. The aircraft, MSN 467, was delivered at the beginning of November and has followed MSN 571 which was delivered in late May 2016 and both have joined CemAir’s
Magnetic MRO, Estonian headquartered global MRO service provider, has recently signed a long term agreement with Air Astana, flag carrier of Kazakhstan, supporting the operator’s escape slide repair and overhaul requirements. Two years ago, Magnetic MRO added the escape slide workshop to its wide range of repair services, and has been continuing to expand into
Magnetic MRO signs long term agreement with Air Astana for evacuation systems Read More »
HEICO Corporation reported that Samuel L. Higginbottom, a member of the Company’s Board of Directors, passed away at age 95, on November 13, 2016 after fighting some illnesses this year. Sam Higginbottom served on HEICO’s Board since December 1989, where he chaired significant committees, such as Compensation and Stock Option and served on the Board’s
HEICO mourns passing of Director Samuel L. Higginbottom Read More »
Saudi Arabian Airlines has appointed Jaan Albrecht as the Chief Executive Officer of Saudia Air Transport Company (Saudia). Mr. Albrecht will be joining the airline at the beginning of January 2017 reporting directly to the Director General, Engr. Saleh N. Al-Jasser. Mr. Albrecht holds dual Mexican and German citizenships and fluently speaks English and Spanish.
Jaan Albrech becomes CEO of Saudi Arabian Airlines Read More »
Etihad Airways Engineering and Airbus have signed a Memorandum of Understanding (MOU) to work jointly on the development of a new A380 MRO Services offering. With this partnership Airbus and Etihad Airways Engineering will combine their respective skills to offer the market a value-adding MRO service solution for worldwide A380 operators, starting in 2017. The
Etihad Airways Engineering and Airbus sign MoU to develop A380 MRO Services in Abu Dhabi Read More »
ViaSat Inc. has announced that it has acquired Arconics, an innovative provider of software solutions to the aviation industry. Through this acquisition ViaSat, a global broadband services and technology company, acquires further expertise, aviation-grade software and mobile applications to make flying safer and more efficient for pilots, cabin crews and flight operations teams. The Arconics
ViaSat acquires Ireland-based Arconics Read More »
Trine Aero have secured a dealership agreement with L-3 Avionics Systems. The new agreement will continue to expand the company’s growing avionics capabilities. Trine Aero, a full-service provider of aviation and aerospace products and services, can now offer an expanded scope of services to their customers as an Authorized Dealer of L-3 Avionics Systems. These
Trine Aero secures dealership agreement with L-3 Avionics Systems Read More »
AerFin has sold one Embraer 170 aircraft, MSN 0093, to Austrian operator People’s Viennaline. MSN 0093 enters People’s Viennaline regional operation as the second aircraft supporting the operator’s links between Altenrhein and Vienna providing 23 weekly flights. Latest route extensions include Altenrhein – Friedrichshafen and Cologne Bonn which commenced on 2nd November. The airline will
AerFin completes sale of one Embraer 170 aircraft to Peoples Viennaline Read More »
Underscoring the continued focus on its core international transportation markets, DVB closed a total of 102 transactions generating €4.2bn in robust and valuable new business volume (previous year: 137 transactions with a volume of €5.0bn). Net interest income rose to €168.4m (previous year: €151.6m). New business in Aviation Finance and Land Transport Finance continued to
