In order to better serve its long-standing customer, Air Mauritius, Trenchard Aviation Group has opened a new facility on the Indian Ocean island of Mauritius. Trenchard Aviation Group has long been providing a dry cleaning service for Air Mauritius as well as the cutting and sewing of seat covers from its base in the U.K. […]
Trenchard Aviation Group opens facility on island of Mauritius Read More »
TrueNoord, the specialist regional aircraft lessor, has appointed Julien Millet to the post of Chief Financial Officer (CFO). Originally acting as interim CFO, Millet took up this new position earlier in the year., However he has worked closely with the Company since 2016 from an investor and Board perspective in his previous role at Bregal
TrueNoord appoints Julien Millet as Chief Financial Officer Read More »
Nordic Aviation Capital DAC (NAC) has announced its financial results for the year ended June 30, 2019. Total revenue increased by 21% to US$890 million and lease revenue increased by 17% to US $748 million. With a Business Performance result of US$162 million, NAC delivered a 15% return on equity. NAC generated cash flow from
Nordic Aviation Capital reports revenue of US$890 million for financial year 2018/2019 Read More »
Ryanair has announced that Eddie Wilson, the Irish low-cost carrier’s Chief People Officer, is to succeed Michael O’Leary as CEO of Ryanair Holdings’ largest airline, Ryanair DAC. O’Leary will remain as chief executive of the wider-reaching Ryanair Holdings. Wilson has been with the company since 1997 when he joined as head of personnel and is
Ryanair appoints Eddie Wilson new CEO as low-cost carrier faces turbulent times ahead Read More »
BOC Aviation has signed a purchase-and-leaseback agreement with Middle East Airlines (MEA) for a minimum of five, and up to ten new Airbus A321neo aircraft. The aircraft are powered by Pratt & Whitney’s PurePower® PW1100G-JM engines, and are expected to deliver in 2020 and 2021. “We are very pleased to be working with Middle East
BOC Aviation signs purchase-and-leaseback agreement with Middle East Airlines Read More »
Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, has reached a tentative agreement with United Steelworkers on a new four-year labor agreement for approximately 1,700 active employees at five U.S. locations. The union members will now schedule a vote on the proposed contract, the result of extensive negotiations between the Company and
Alcoa and United Steelworkers reach tentative labor agreement for five U.S. locations Read More »
Airbus plans to further develop its industrial presence in Malaysia with three new initiatives. These include the expansion of Airbus’ wholly-owned maintenance facility, Sepang Aircraft Engineering (SAE); the establishment of the Airbus Malaysia Digital Initiative, and an increased participation in the Aerospace Malaysia Innovation Centre (AMIC). The projects are covered by a Memorandum of Agreement
Airbus plans additional industrial projects in Malaysia Read More »
American Airlines has released, that it remains confident that impending software updates to the Boeing 737 MAX, along with the new training elements Boeing is developing in coordination with its union partners, will lead to re-certification of the aircraft this year. Therefore American is extending cancellations for the MAX through Dec. 3. so its customers
American extends cancellation for MAX through December 3rd Read More »
Daniel Wodera is to become CFO of thyssenkrupp Materials Services effective October 1, 2019. This was confirmed by the supervisory board of thyssenkrupp Materials Services at its meeting on Friday August 30. Klaus Keysberg, who was appointed CEO of thyssenkrupp Materials Services in January this year and who has additionally been acting as CFO since
Daniel Wodera appointed new CFO of thyssenkrupp Materials Services Read More »
During the Moscow Air Show, Boeing and Aeroflot announced the signing of a contract, to modify passenger cabins on 18 of the Russian flagship carrier’s 777-300ERs. Boeing will perform engineering work and supply component kits for the planned cabin interior reconfiguration.
Boeing, Aeroflot sign contract on 777 passenger cabin modifications Read More »
