Heike Tamm

SIA Group posts lower profit for full year 2018/19

The SIA Group has reported a solid operating profit of S$1,067 million for the 2018/19 financial year amid a challenging market environment, with Transformation initiatives contributing to a record revenue performance. Although a decline from last year’s operating profit of S$1,549 million (S$482 million lower or -31.1%), the Group’s underlying performance was strong against the […]

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Aviation industry players collaborate on first regional aviation ‘Perfect Flight’ in Sweden

On May 16, a number of companies from across the aviation sector have risen to the challenge of turning a typical weekday service from Halmstad City airport (HAD/ESMT) to Stockholm Bromma airport (BMA/ESSB) into the ‘Perfect Flight’. This is the first time that every element in the flight management process on a regional flight has

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Alcoa and United Steelworkers union extend negotiations on labor agreement for five U.S. locations

Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, has agreed to extend the existing labor contract with the United Steelworkers to reach a new multi-year labor agreement covering approximately 1,700 active employees at five U.S. locations. The Company and the union have agreed to recognize the existing contract, which was set to

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Rotable Repairs completes relocation of new wheel and brake facility

Wheel and brake MRO services provider Rotable Repairs, has completed the move into the new 49,000 ft² wheel and brake facility in Essex, United Kingdom. With the CAA’s oversight, the phased transition went without a hitch or without impacting production. The company is now set to take triple its capacity, strategically planned the wheel and

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AviaAM Financial Leasing China adds Emirates to client portfolio

AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, has announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has recently acquired one more Boeing 777-300ER. The aircraft equipped with GE90-115BG03 engines joined the fleet with a

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Finnair starts codeshare cooperation with Juneyao Air

Finnair and Shanghai-based Juneyao Air have agreed on a new codeshare cooperation on the route operated by Juneyao Air and Finnair between Helsinki and Shanghai Pudong International Airport (PVG), as well as on selected Juneyao routes in China and selected Finnair routes in Finland. The new codeshare agreement adds eight new destinations to Finnair’s network

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