The Av8 Group is states that it is expanding their sales team with the addition of Jeff Favati as the new Sales Manager. Favati will be responsible for sales and business development across all segments of Av8’s markets. Jeff has over 25 years of experience in the aviation industry. His background includes a variety of […]
Av8 Group names Jeff Favati as new Sales Manager Read More »
Asiana Airlines has signed a comprehensive component support contract with Lufthansa Technik. Under the terms of the new agreement, Lufthansa Technik will provide Total Component Support (TCS®) for the entire Asiana Airlines fleet of Airbus A320 family aircraft, including the A321neo version joining the fleet in the future. Started in July 2019, the contract has
Asiana Airlines signs component contract with Lufthansa Technik Read More »
The loss-making carrier Norwegian Air has agreed to sell its 17.5% stake in Norwegian Finans Holding (NOFI) for 2.2 billion kroner, a move which saw its share price jump 5.8%. The stake is being sold to Cidron Xingu Limited, which is indirectly controlled by Nordic Capital Fund IX and Sampo, a leading Finnish financial services
Struggling Norwegian Air sells stake in NOFI to boost cash holdings Read More »
Embraer will invest US$ 30 million in the expansion of its Eugênio de Melo unit, in São José dos Campos (São Paulo, Brazil). Through the construction of new facilities, the site will have capacity for over 4,000 employees. The site currently has 1,500 employees working in manufacturing, development, engineering, structural and system testing, and training,
Embraer to expand its Eugênio de Melo unit, in São José dos Campos Read More »
thyssenkrupp Materials Services, the distribution and service provider of the thyssenkrupp Group, is investing around €70 million in the modernization and expansion of its European warehousing and logistics network. A state-of-the-art logistics center and new warehouses are to be built in Germany, Poland and Hungary. The investments are an important part of thyssenkrupp Materials Services’
thyssenkrupp Materials Services invests over €70 million in European sites Read More »
AAF Spares, the joint venture business between Avtrade and AFI/KLM E&M, have relocated to a new building. Moving from a 15,000 ft² building to a new state-of-the-art 50,000 ft ² warehousing facility will provide access to an inventory valued at US$760 million and will further improve and expand support to the North and South American
AAF Spares relocate to new headquarters in Miami Read More »
Aircraft and asset specialist Vallair, has signed an LOI to lease the first A321P2F (Passenger to Freighter) aircraft conversion to Qantas. This A321P2F MSN835 is intended to be operated by Qantas Freight on behalf of its customer – Australia Post. Qantas will be the first airline to operate the A321 as a freighter aircraft. To
Qantas signs LOI with Vallair to lease first A321P2F cargo conversion aircraft Read More »
Brazilian airline Ocean Air Linhas Aéreas S/A, headquartered in São Paulo and formerly doing business as Avianca Brasil, will formally leave Star Alliance with effect from September 1, 2019. Ocean Air’s withdrawal follows several months of bankruptcy protection and the withdrawal of its Air Operator Certificate (AOC) by Brazilian regulator ANAC. The Star Alliance network
Avianca Brasil to exit Star Alliance Read More »
Frankfurt Airport (FRA) welcomed more than 6.9 million passengers in the reporting month, up 0.8% compared to July last year. For the first seven months of the year, passenger traffic at FRA rose by 2.6%. Aircraft movements in July 2019 climbed by 1.0% to 47,125 takeoffs and landings, while accumulated maximum takeoff weights (MTOWs) expanded
Passenger traffic rises at Frankfurt Airport Read More »
Honeywell has opened its first aviation service center in Latin America in São José dos Campos, a city located 94 km from the state capital. On site, the company will offer services such as aircraft parts replacement, repair and overhaul. São José dos Campos was chosen for its history in the aviation market and the
Honeywell opens first Aviation Service Center in Latin America Read More »
