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CAE to acquire Bombardier’s Military Aviation Training unit

CAE and Bombardier have signed an agreement for CAE’s acquisition of Bombardier’s Military Aviation Training business for approximately CA$19.8m. The closing of the transaction is conditional on usual conditions and regulatory approvals, and if those are obtained closing is expected to occur during 2015. This move significantly enhances CAE’s core capabilities as a training systems

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Aerodynamics names F. Darrell Richardson as new President, CEO & Chairman

Aerodynamics, a leader in full-service shuttle operations and tailored corporate flight solutions, is pleased to announce that Mr. F. Darrell Richardson will lead ADI as the new CEO, President and Chairman of the company. Darrell Richardson is a seasoned and accomplished aviation professional with over forty five years of experience. In his previous aviation positions

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American Airlines Group reports record fourth quarter net income of US$597m

For the fourth quarter 2014, American Airlines Group reported a record GAAP net profit of US$597m. This compares to a GAAP net loss of US$2.0bn in the fourth quarter 2013, which includes the results for US Airways only for the period from the completion of the merger on December 9th, 2013, through December 31st, 2013.

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Aircastle announces increase in Bank Revolving Credit Facility to US$600m

Aircastle increased the size of its existing unsecured revolving credit facility with Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank N.A. and Royal Bank of Canada, as joint lead arrangers, Citibank, N.A. as agent; and Citibank, N.A., Goldman Sachs Bank USA, J.P. Morgan Chase Bank N.A., Royal Bank of Canada, Credit Agricole Corporate

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STG Aerospace appoints new Engineering Director

Aircraft cabin lighting specialists, STG Aerospace, announced the appointment of Neil Thomas as Engineering Director. A graduate in Electronic Engineering, a Chartered Engineer and a Chartered Manager, Neil joins the company having worked in airline cabin and avionics environments for more than 20 years, specialising in leading multi-disciplinary engineering teams and providing the technical interface

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Marshall Aviation Services announces first Fixed Base Operation (FBO) at Birmingham Airport, UK

Marshall Aviation Services, the business aviation-focused arm of the Marshall Aerospace and Defence Group, announced it is widening its expertise into the FBO arena. It has secured the executive aviation handling facility (FBO) at Birmingham Airport and will formally open for business under the Marshall Aviation Services name within the next few months. Marshall has

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Major boost for Australian and Chinese airlines with new air services agreement

After nearly ten years of discussions, Australia’s Prime Minister Tony Abbott and China’s President Xi Jinping concluded negotiations for a China-Australia Free Trade Agreement (ChAFTA) on 17th November 2014. The Australian Trade and Investment Minister Andrew Robb and Commerce Minister Gao Hucheng signed a Declaration of Intent to work towards signature of the Agreement. ChAFTA

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PacAvi Group inducts first Airbus A320 for Passenger-to-Freighter conversion

PacAvi Group has delivered to HAITEC Aircraft Maintenance GmbH its prototype Airbus A320 (MSN 293) for conversion from passenger to freighter (P2F) configuration, in order to finalize regulatory approval by the FAA, EASA, and other governmental authorities. Initial work has commenced on the prototype, which will be fully converted P2F on an aggressive schedule.  HAITEC

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