Heike Tamm

Bombardier to focus on Business Aviation after sale of Transportation Division to Alstom

Financial

Bombardier has made the strategic decision to focus exclusively on business aviation and plans to accelerate its deleveraging through the sale of its rail business. “Today marks an exciting new chapter for Bombardier. Going forward, we will focus all our capital, energy and resources on accelerating growth and driving margin expansion in our market-leading US$7.0 […]

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Moscow Domodedovo passenger traffic rises 13% in January

Uncategorized

Moscow Domodedovo Airport welcomed 2.1 million passengers in January, a 13% year-over-year increase. Domestic passenger traffic reached 1.3 million passengers, up 13% year-to-year. International traffic rose 14% in January to 826,000 travellers compared to the same period last year. Antalya, Doha, Istanbul, Minsk and Verona were key growth drivers. The airport served 164,000 travellers on

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Joramco signs maintenance agreement with Avion Express

MRO & Production

Joramco, the Amman-based MRO and the engineering arm of Dubai Aerospace Enterprise (DAE), has entered into the first maintenance agreement with Avion Express, one of the largest narrow-body ACMI operators. The agreement, which was signed in August 2019, included heavy maintenance on six of the carrier’s A320 aircraft. Checks began in October 2019 and have

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Chaos continues at London Heathrow after Storm Dennis and massive technical failure on Sunday

Uncategorized

With winds up to 90 mph and a month’s rainfall in a 48-hour period, conditions at Heathrow Airport were already precarious for the half-term holiday weekend with the cancelation of hundreds of flights when, on Sunday, the airport was hit with a major system failure for check-ins and provision of flight information which caused further

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Collins Aerospace and Lufthansa Technik sign A320neo nacelle MRO license agreement

MRO & Production

Collins Aerospace Systems and Lufthansa Technik have signed a licensing agreement for nacelle Maintenance Repair and Overhaul (MRO) services on A320neo aircraft. Collins Aerospace, the original equipment manufacturer for the A320neo PW1100G nacelle, has more than 1,100 nacelles in service on this aircraft platform.  The agreement, which continues the collaboration between Collins Aerospace and Lufthansa

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Norwegian reports full-year 2019 net loss of NOK 1,609 million

Financial

Norwegian has reported its full-year and fourth-quarter 2019 results. Year on year, unit revenue increased in nine consecutive months, driven by maturing routes and the optimization of Norwegian’s global route network. The punctuality has improved considerably during the past six quarters, and in the fourth quarter 2019 it was up 3.1 points to 82.6%. Figures

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Farsound Aviation continues to grow U.S. operations

MRO & Production

Back in the summer of 2018, Farsound Aviation Limited (Farsound) acquired Sterling Aircraft Products, based in Toronto, Canada. With the re-branding to Farsound Aviation, the North American facility has gone from strength to strength, working closely with OEMs and their sub-tiers to deliver reliable, cost-effective supply solutions. Lee Kelsey, Farsound Aviation’s group sales director, notes:“We

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Since December 1, SAS has introduced plastic-free food packaging across its flights departing from Copenhagen, Oslo, Arlanda and Gothenburg

Willis Lease to manage phase-out of SAS’ 737NG installed engine fleet

Aircraft & Engines

Willis Lease Finance Corporation has entered into an agreement with Scandinavian Airline System (SAS) to manage the phase-out of SAS’s Boeing 737NG installed engine fleet over the next four years. “The Willis orchestrated phase-out may allow for SAS to realize superior returns from the monetization of its assets over time relative to an outright sale

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Avia Solutions Group acquires Aviator from Accent Equity

Financial

Avia Solutions Group (ASG), a global multipurpose aviation services company, has signed an agreement on February 14, to acquire Aviator, a full-range aviation services provider for the Nordic region, from the investment fund Accent Equity 2008 L.P. Offering flexible and cost-effective solutions that meet the demand for high-quality support services of a wide range of

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