The Board of Directors of Safran has selected Olivier Andries as successor to Philippe Petitcolin in the position of Chief Executive Officer with effect on January 1, 2021, after a transition period of one year starting on January 1s, 2020. As of that date (1/1/2020), Andries will serve under Petitcolin’s authority. Andries has demonstrated all […]
Safran’s Board of Directors selects Olivier Andries as future CEO Read More »
Atlas Air Worldwide Holdings, has posted third-quarter 2019 income from continuing operations, net of taxes, of US$60.0 million, compared with reported income of US$71.1 million in the third quarter of 2018. Reported results in the third quarter of 2019 included an unrealized gain on outstanding warrants of US$83.2 million, partially offset by a special charge,
Atlas Air Worldwide reports third-quarter results Read More »
GE Aviation has teamed up with BBAM Aircraft Leasing & Management to provide the AirVault Asset Transfer System across a fleet of 510 aircraft including Airbus, Boeing and Embraer airplanes used by more than 90 airlines. The implementation is starting this November. Furthermore GE Aviation has signed an agreement with Falko Regional Aircraft to provide
GE Aviation signs asset transfer system agreement for leasing market with BBAM and Falco Read More »
The H-Aero is a small, helium-filled hybrid aerial vehicle. From October 28 to 31, passengers at Frankfurt Airport were able to see it floating almost silently through Halls D and E in Terminal 2. Fraport AG joined forces with the start-up Hybrid-Airplane Technologies GmbH to carry out test flights assessing whether the aerial vehicle could
JetHQ has expanded its team of aviation experts to meet a growing global marketplace demand. The aircraft transaction and brokerage company has announced the addition of two sales managers and a technical analyst to its experienced roster. Sales Manager Jamie Roberts and Technical Analyst Steven Pinkerton have joined the company’s U.S. headquarters in Kansas City,
JetHQ expands team to support global growth Read More »
International Consolidated Airlines Group (IAG) and Globalia have signed a definitive transaction agreement under which IAG’s wholly owned subsidiary, IB OPCO Holding S.L. (Iberia), has agreed to acquire the entire issued share capital of Air Europa Líneas Aéreas, S.A.U (Air Europa) for €1 billion to be satisfied in cash at Completion and subject to a
IAG to acquire Air Europa for €1 billion Read More »
Cebu Pacific (CEB), based in the Philippines, has signed a firm order with Airbus for 16 long-range A330neo aircraft. The order firms up the wide-body portion of a previously announced Memorandum of Understanding (MoU), which also includes commitments for 10 A321XLRs and five A320neo single-aisle aircraft. The A330neo ordered by Cebu Pacific is a higher-capacity
Cebu Pacific finalizes order for 16 A330neo Read More »
Nordic Aviation Capital (NAC) has delivered one ATR 72-500, MSN 570, to Loganair on lease. Prior to delivery, the aircraft has been converted to freighter configuration by NAC, providing Loganair with a 75m3 cubic capacity / 7.5t payload aircraft to operate on behalf of one of its major customers. This represents the first ATR aircraft
NAC delivers one ATR 72-500 to Loganair on lease Read More »
GA Telesis Istanbul has received AS9120 Certification and ASA–100 Accreditation. Since inception, GA Telesis has been committed to exceeding the industry’s standards of operational quality for the distribution of aviation components. The Company continues to set the high-bar for the sector by creating key performance indicators, to ensure execution of maximum quality levels.
GA Telesis Istanbul earns AS9120 certification and ASA-100 accreditation Read More »
Liebherr-Aerospace has been selected to supply the pneumatic component package for Rolls-Royce’s next-generation business jet engine Pearl 700: Both the pneumatic valves and the actuation devices that control pneumatic power around the engine have been designed, are manufactured and serviced by Liebherr-Aerospace Toulouse SAS, Toulouse (France). Liebherr-Aerospace Toulouse SAS provides Rolls-Royce with lightweight, high-reliability valves
Liebherr-Aerospace to provide pneumatic valves for new Rolls-Royce business jet engine Read More »
