AAR’s Mobility Systems division has been awarded a sole-source firm-fixed-price (FFP) requirements contract, that includes a base year with four one-year option periods from the U.S. Air Force for the production and repair of 463L cargo pallets. The total contract value is US$125 million. The cargo pallets will be manufactured and repaired in Cadillac, Michigan. […]
Commercial Aircraft Corporation of China (COMAC), has delivered the 24th ARJ21 aircraft. This ARJ21 aircraft has been purchased by ICBC Leasing and is leased to Chengdu Airlines. It is the 17th time to deliver an ARJ21 aircraft in the form of a leaseback. The aircraft is in an all-economy-class cabin configuration and has seats for
COMAC delivers 24th ARJ21 aircraft Read More »
ILS and CCI will launch the ILS Bridge for Quantum. This new solution will allow automated listing of Quantum Inventory on ILS and provide real-time connectivity between Quantum Control and ILS, a leading digital aerospace marketplace. “Mutual Quantum ERP and ILS customers have asked for this capability given the criticality of both systems in our
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Boeing let the midnight deadline on April 24 pass before announcing that it was pulling out of the deal to acquire the commercial aircraft arm of Brazil’s Embraer first agreed in 2018. Boeing has cited that Embraer failed to meet a number of conditions required for the transaction to be closed. Embraer has retaliated by
Boeing turns back on US$4.2 billion Embraer deal Read More »
The Supervisory Board of the Latvian airline airBaltic has approved the new business plan of the company, “Destination 2025 CLEAN”. The new business plan, focuses on the impact of the coronavirus crisis and adjustments that have had to be made to the existing five-year strategy. Martin Gauss, CEO of airBaltic: “The new environment of the
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The German government and the Hessian state government have pledged their support to Germany’s leisure airline Condor, through a guarantee for a loan from the federal government’s corona-shield program. Condor will receive a loan of €294 million (US$320 million) as corona-aid as well as €256 million (US$279 million) to fully refinance the bridging loan that
Condor continues to fly Read More »
Jazz Aviation and Air Canada, through its freight division Air Canada Cargo, will begin operating the recently approved Dash 8-400 Simplified Package Freighter developed by De Havilland Canada, to short- and medium-haul markets under the Air Canada Express banner. These reconfigured aircraft will carry a total of 18,000 lbs [8,165 kg] of cargo in the
Air Hong Kong, the longest-serving dedicated freighter airline based in Hong Kong, has appointed FLYdocs, a global leader in aircraft transition management, to manage end-of-lease return services for a fleet of two Airbus A330 aircraft. The contract includes digital migration, build and audit, as well as a record project manager for the aircraft transition work.
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Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has received its Air Operating Certificate (AOC), which allows it to start operating from Abu Dhabi as the fifth UAE national airline. Securing the AOC highlights that Air Arabia Abu Dhabi has all the professional capabilities, adheres to all safety regulations needed for aircraft operations and
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The latest estimates from the International Air Transport Association (IATA) indicate a worsening of the country impact from the COVID-19 crisis in the Asia Pacific region. On April 14, 2020, IATA released updated analysis showing that the COVID-19 crisis will see global airline passenger revenues drop by US$314 billion in 2020, a 55% decline compared
COVID-19 impact on Asia-Pacific aviation worsens Read More »
