Kim Seward joins Morten Beyer & Agnew (“mba”) to support its expanding valuations division. Ms. Seward is responsible for helicopter valuation and industry analysis for the firm’s global clientele. Ms. Seward, a graduate of Durham University, joins mba with significant valuation experience, primarily focused on rotary-wing aircraft.
mba Welcomes helicopter specialist to valuations team Read More »
HEICO CORPORATION reported that net income increased 17% to US$33.1m in the second quarter of fiscal 2015, up from US$28.4 million in the second quarter of fiscal 2014. In the first six months of fiscal 2015, net income increased 9% to a record US$60.7m up from US$55.8m in the first six months of fiscal 2014.
HEICO Corporation reports net income increase of 17% for second quarter fiscal 2015 Read More »
Nasmyth Group, a leading supplier of precision engineering, products and services worldwide, is making a £multi-million investment in its surface treatment businesses. Between them, GEB Surface Treatments Ltd, MPS Ltd, West Middlesex Surface Treatments Ltd and Towerfield Plating Ltd, all based in the UK, and Nasmyth TMF Inc, based in California, provide an extensive range
Nasmyth Group makes £multi-million investment in global surface treatment facilities Read More »
When Alitalia signed ancillary and joint venture agreements with Air France-KLM back in 2009 and 2010 the airlines strategic and economic situation was very different to what it is today. With Etihad Airways taking a 49% stake in the airline in January this year the situation changed and the agreements with Air France-KLM which are
Lack of agreement sees Alitalia Air France-KLM partnership ending in 2017 Read More »
Alain Bellemare, President and Chief Executive Officer, Bombardier, took another step to strengthen his leadership team with the appointment of David M. Coleal as President, Bombardier Business Aircraft, effective June 15th, 2015. He succeeds Éric Martel, who is leaving the company to pursue other career opportunities. Before he first joined Bombardier in 2008, David Coleal
Bombardier appoints David M. Coleal President of Business Aircraft Read More »
Advanced LEAP-1A engines successfully completed a four-hour, 25-minute first flight on May 19th, powering the new Airbus A320neo. The flight test occurred right on schedule, reinforcing the success of the LEAP development program and the confidence shown in the performance and durability of the new product. The engines performed extremely well throughout the flight envelope.
First CFM LEAP-1A takes flight powering Airbus A320neo Read More »
Gulfstream Aerospace announced that Qatar Executive has agreed to purchase up to 30 Gulfstream aircraft as part of a Memorandum of Understanding originally announced in October of last year. The original sale called for Qatar Executive to purchase up to 20 Gulfstream aircraft, including the all-new Gulfstream G500. The recently signed final agreement increases the
Qatar Executive agrees to purchase up to 30 Gulfstream aircraft Read More »
Embraer Executive reported that Middle East Airlines – Airliban (MEA) has placed an order for one midsize Legacy 500 and an option for a second aircraft of the same model. The delivery of this aircraft is scheduled for the fourth quarter of 2015. MEA, the national airline of Lebanon, is establishing a business jet company
Acropolis Aviation, one of Europe’s leading luxury air charter companies, will be the launch customer of a brand new aircraft – the Airbus ACJ320neo. The aircraft will enter service in early 2020. Acropolis CEO, Jonathan Bousfield, signed the contract for the newest member of the Airbus family with John Leahy, Chief Operating Officer, Customers and
Acropolis Aviation to be first to fly all new Airbus ACJ320 Read More »
Lufthansa Bombardier Aviation Services (LBAS) has won the contract to perform 7800-landings inspections on Swiss Air Ambulance’s (Rega) fleet of three Challenger 604 aircraft. Industry wide, this is the first time an inspection of this type was ever performed. Two aircraft have been completed up to today and the third aircraft is currently in progress.
