Regional aircraft lessor Nordic Aviation Capital (NAC), has appointed Gareth Halpin as Chief Funding Officer, effective April 6, 2020. Halpin will be based out of NAC’s newly opened Headquarters in Limerick and will report to the company’s CEO, Søren M. Overgaard. Prior to Avolon, Halpin served in several senior executive roles in the financial services […]
Nordic Aviation Capital appoints new Chief Funding Officer Read More »
Japan’s largest Super Puma operator, Japan Coast Guard (JCG), has placed a new order for two H225 helicopters. This follow-on order brings JCG’s Super Puma fleet to 15, comprising two AS332s and 13 H225s. The new helicopters will be utilized for territorial coastal activities, security enforcement, as well as disaster relief missions in Japan. The
Japan Coast Guard orders two more H225 helicopters Read More »
Israel Aerospace Industries (IAI) has reported that the Federal Aviation Administration (FAA) of the United States and the Civil Aviation Authority of Israel (CAAI) have certified IAI’s Aviation Group’s conversion of Boeing B737-800 aircraft from passenger to cargo configuration. The Aviation Group has now delivered the first two converted aircraft of this model. With the
CAVU Component Repair (CCR), a division of CAVU Aerospace, has received EASA 145 maintenance organization approval (certificate EASA.145.6925) in their 80,000 ft² state-of-the-art Mesa, Arizona facility. With this certification, CCR will look to enhance its aftermarket services and migrate towards enhancing its MRO capability across multiple platforms. CAVU Aerospace Partner, Ken Kocialski commented, “receiving EASA
CAVU Component Repair enhances service offerings with EASA Part 145 approval Read More »
Airbus continues to purchase and supply millions of face masks from China, the large majority of which will be donated to governments of the Airbus home countries, namely France, Germany, Spain and the UK. An Airbus flight test crew has just completed its latest mission with an A350-1000 test aircraft. This is the third of
Airbus deploys A350-1000 aircraft in fight against COVID-19 Read More »
In the first quarter of the year BOC Aviation has signed agreements to purchase 48 aircraft, of which 38 have already been placed on long-term leases with the remaining ten unplaced A320neos due to be delivered in 2023-24. As of March 31, the company’s balance sheet comprised liquidity of US$3.6 billion. The company closed the
BOC Aviation rounds up successful first-quarter 2020 Read More »
Lufthansa has released that Ulrik Svensson, Member of the Executive Board and Chief Financial Officer has informed the Chairman of the Supervisory Board of the company that he has to resign from his office for health reasons. Svensson has announced that he will resign from his office and terminate his Executive Board activities with effect
Lufthansa Chief Financial Officer Ulrik Svensson resigns Read More »
Raytheon Technologies successfully completed the all-stock merger of equals transaction between Raytheon Company and United Technologies Corporation on April 3, 2020, following the completion by United Technologies of its previously announced spin-offs of its Carrier and Otis businesses. Headquartered in Waltham, Mass., Raytheon Technologies is one of the largest aerospace and defense companies in the
United Technologies and Raytheon complete merger Read More »
Boeing has released that it is extending the temporary suspension of production operations at all Puget Sound area and Moses Lake sites until further notice. These actions are being taken in light of the company’s continuing focus on the health and safety of employees, current assessment of the spread of COVID-19 in Washington state, the
Boeing extends temporary suspension of Puget Sound production operations Read More »
Talks with Polish Airline LOT to take over Condor, part of the now defunct Thomas Cook Group, are looking to grind to a halt amidst the current drop in domestic and international travel owing to COVID-19 restrictions. Having previously rescued the struggling carrier with a €380 million (US$415 million) state bridging loan to allow the
Germany looks to bail out Condor on temporary basis by nationalizing carrier Read More »
