Hensoldt selects CoreAVI’s software and COTS-D hardware IP platform

Core Avionics & Industrial (CoreAVI) and Hensoldt announced that Hensoldt has selected CoreAVI’s COTS-D hardware IP and graphics and compute software to provide a new generation of safety certified mission computers and display systems. The system will be certified to DO-254/ED-80 and DO-178C/ED-12C Design Assurance Level (DAL) A. The system will use the AMD E9171 […]

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Avianca Holdings reports US$98.6 million fourth quarter 2019 operating profit

Financial

During the fourth quarter 2019, Avianca Holdings successfully concluded its financial reprofiling; deferring a total of approximately US$220 million aircraft operating lease and debt amortization payments and exchanging 88.1% of its US$550 million May 2020 bond. In addition, Avianca drew US$250 million stakeholder financing from United Airlines and Kingsland Holdings as well as an additional

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CALC to invest in TransNusa Aviation

Financial

CALC, a full value chain aircraft solutions provider for the global aviation industry, announced that it would be investing in an Indonesian airline operating company, PT TransNusa Aviation Mandiri (TAM), through a subscription agreement with Aviation Synergy, under which the company agreed to indirectly invest and acquire a 35.68% equity interest in TAM for a

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Norwegian reports higher unit revenue in February

Traffic

Norwegian’s traffic figures for February show that the company continues to deliver on its strategy of moving from growth to profitability, with significant improvements in unit revenue and a better punctuality. Due to the COVID-19 virus Norwegian currently experiences reduced demand on some routes and have decided to cancel 22 flights between Europe and the

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Finnair and Neste partner to reduce CO2 footprint

Airlines & Routes

Finnair, the airline specialized in connecting Europe and Asia, and Neste, one of the largest producer of sustainable aviation fuel from renewable waste and residues, have signed a new agreement which will gradually and considerably increase Finnair’s use of sustainable aviation fuel in its operations. The new partnership will be a key contributing factor in

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Air India Engineering Services to perform Pratt & Whitney GTF™ maintenance

MRO & Production

Air India Engineering Services (AIESL) will provide maintenance, repair, and overhaul (MRO) services in support of Pratt & Whitney’s GTF™ engines and customers in India. AIESL will service PW1100G-JM engines at its facility in Mumbai. AIESL’s introduction to GTF maintenance will be a phased approach, starting with engine upgrade and module exchange capabilities as immediate

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U.K.’s Flybe goes into liquidation six months after Thomas Cook collapses

Financial, Top Stories

Only six months after the collapse of Thomas Cook which left over 150,000 passengers stranded across the globe, the U.K.s Flybe has now gone into liquidation, despite promises six weeks ago from the government to bail out the ailing domestic carrier. Flybe, which employed over 2,000 staff, announced that all further flights had been grounded

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Allegiant to establish new aircraft base in Concord, North Carolina

Uncategorized

Allegiant Travel Company has announced plans to establish a base of operations at Concord-Padgett Regional Airport (USA). The Las Vegas-based company will invest US$50 million to establish the new base in Concord, creating at least 66 high-wage jobs and housing two Airbus aircraft. The company, which focuses on linking travelers in small-to-medium size cities to

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Vytis Zalimas assigned as new CEO of Jet Maintenance Solutions

Uncategorized

Jet Maintenance Solutions (JET MS), a global provider of integrated aircraft maintenance, repair and overhaul solutions for business and regional aviation, has appointed Vytis Zalimas as the new Chief Executive Officer (CEO) of JET MS, effective March 9, 2020. Zalimas has been leading and transforming different sales and customer care teams for more than 12

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Lufthansa Group cancels all flights to Israel

Airlines & Routes

The extended refusal of entry of the Israeli authorities, which apply from March 6, also for travelers from Germany, Switzerland and Austria, among others, will lead to a considerable drop in demand for flights to Israel. As a result, Lufthansa, SWISS and Austrian Airlines will cancel all their flights to Tel Aviv and Eilat as

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Heike Tamm