Heike Tamm

Gulfstream names Josh Thompson CFO

Gulfstream Aerospace has named Josh Thompson of General Dynamics Ordnance and Tactical Systems (OTS) as the aerospace company’s Chief Financial Officer (CFO) effective August 3. Thompson will report to Mark Burns, president, Gulfstream, and serve as a member of the Gulfstream leadership team. He succeeds Dan Clare, Gulfstream’s long-time CFO, who will retire at the […]

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Honeywell opens new T55 engine maintenance center in Phoenix

Honeywell has secured approval from the U.S. Army through a product verification audit and opened a state-of-the-art T55 Repair and Overhaul Center of Excellence facility near its Honeywell Aerospace headquarters in Phoenix. Honeywell’s new Center of Excellence for T55 helicopter engine maintenance optimizes operations and enhances support for the U.S. Army and international customers. By

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SR Technics secures additional funding – consolidates services now offered

SR Technics, a leading provider of MRO solutions for aircraft, engines, components, engineering and training, has announced it has secured a CHF120 million (US$127 million) additional credit line from its existing consortium of banks, supported by 60% surety by the Swiss Confederation. Having posted results that exceeded expectations for Q1 2020, growth collapsed in April

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New landing bans force Austrian Airlines to cancel flights

The Austrian Federal Ministry of Social Affairs, Health, Care and Consumer Protection has massively expanded the list of landing bans for aircraft. Since Thursday, July 16, 2020, no regular flights from the following countries, among others, will be permitted to land in Austria: Albania, Bosnia and Herzegovina, Bulgaria, Egypt, Kosovo, Montenegro, North Macedonia, Romania and

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FAI Technik appointed as Honeywell Channel Partner

FAI Technik GmbH, the maintenance division of Germany’s FAI Aviation Group, has been appointed as an authorised Channel Partner for Honeywell Aerospace. The agreement allows FAI to supply and service Honeywell avionics parts and systems. It covers all Honeywell Aerospace business aviation avionics products including its range of connectivity solution and services, cockpit and cabin upgrades.

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GA Telesis concludes purchase of eight PW4056 engines from Delta Material Services

GA Telesis (GAT) has concluded the purchase of eight Pratt & Whitney PW4056-3 engines from Delta Material Services (DMS), all of which were last operated by Delta Air Lines (DAL). The transaction was concluded by the Component Solutions Group (CSG), whereas the engines will be immediately inducted for disassembly and repair. Upon completion, the used

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airBaltic

airBaltic succeeds in securing €250 million in new equity

Shareholders in Latvia’s carrier airBaltic have approved a €250 million (US$285 million) investment by the Republic of Latvia in order to assist it through the COVID-19 crisis. Martin Gauss, the CEO of airBaltic, said: “With this new equity investment we are executing our new business plan Destination 2025 CLEAN. This investment will facilitate the successful

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Hawker Pacific delivers special missions’ capability to New Zealand

Hawker Pacific, a Jet Aviation Company, has successfully delivered its final mission-focused Beechcraft King Air 350 to the New Zealand Defence Force (NZDF). The new multi-engine KA350 aircraft will begin service with a focus on new aircrew training. Accepting the aircraft on behalf of the New Zealand Government was the Hon. Ron Mark, Minister of Defence.

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VoltAero partners with KinectAir to develop clean, on-demand regional flight services with the Cassio hybrid-electric aircraft

The creation of a regional air mobility ecosystem for VoltAero’s new Cassio hybrid-electric airplane has taken an important step forward through the French company’s collaboration with U.S.-based KinectAir, which is developing a flexible on-demand flight network utilizing an artificial intelligence-enabled smartphone application. This cooperation foresees Cassio aircraft integrated with KinectAir’s short-haul infrastructure, applying artificial intelligence

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