Heike Tamm

Vueling Airlines and GE Aviation implement fleet-wide Network Operations Suite

Information Technology

GE Aviation and Vueling Airlines have signed a digital Network Operations agreement and implementation to help reduce disruptions across the fleet. GE Aviation’s Network suite — Network Operations Insights, Network Operations Optimization and Network Crew Optimization products will be hosted in the cloud on Microsoft Azure.  “Network Operations helps airlines recover from disruptions faster and […]

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Air Transat has opted for Avionica's miniQAR's and LTE product line

Air Canada gets approval to acquire Air Transat parent for CA$520 million

Financial, Top Stories

Air Canada and Transat A.T. have concluded a definitive Arrangement Agreement that provides for Air Canada’s acquisition of all issued and outstanding shares of Transat and its combination with Air Canada. Under the terms of the binding agreement, unanimously approved by the Board of Directors of Transat, Air Canada will acquire all outstanding shares of

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United Technologies appoints Christopher T. Calio President for Pratt & Whitney

People

United Technologies has appointed Christopher T. Calio as president of Pratt & Whitney, effective upon the retirement of Bob Leduc in early 2020. Chris Calio will assume leadership of Pratt & Whitney after serving as president of its commercial engines business since 2017. As president of Pratt & Whitney’s commercial engines business, Calio is responsible

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Satair and Singapore Airlines have signed an agreement for Satair’s IMS solution

Singapore Airlines and Malaysia Airlines step up cooperation

Airlines & Routes

Singapore Airlines (SIA) and Malaysia Airlines Berhad (MAB) have inked a Memorandum of Understanding (MOU) to significantly step up co-operative ties. Under the terms of the MOU, the two airline groups will explore a wide-ranging strategic partnership to build on their existing codeshare agreement that covers flights between Singapore and Malaysia. Enhanced ties could include

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Alcoa to divest minority interest in rolling mill to Ma’aden

Financial

Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, has amended its joint venture with the Saudi Arabian Mining Company (Ma’aden) in which Alcoa holds a minority, 25.1%. The joint venture was created in 2009 as a fully integrated aluminum complex in the Kingdom of Saudi Arabia, comprised of three entities: the Ma’aden

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West Jet and Delta Air Lines obtain clearance from Canadian Competition Bureau for transborder joint venture

Airlines & Routes

WestJet and Delta Air Lines have announced that their proposed U.S. – Canada transborder joint venture has received clearance under Canada’s Competition Act from the Canadian Competition Bureau. The CCB issued a no-action letter confirming that it does not intend to challenge the proposed joint venture agreement between WestJet and Delta Air Lines. Upon receipt

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Peach Aviation posts full year net loss of 193 million yen

Financial

Japanese low cost carrier Peach Aviation, has released its financial statement for fiscal 2018 (ended on March 31, 2019). Operating income totaled 60,409 million yen (previous year’s result: 54,740 million yen), operating profit was 4,136 million yen (previous year’s result: 5,793 million yen), and current net loss was 193 million yen (previous year’s result: net

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DAE signs new US$440 million unsecured revolving credit facility

Financial

Dubai Aerospace Enterprise (DAE) has signed a new long-term unsecured revolving credit facility with First Abu Dhabi Bank PJSC and HSBC Bank Middle East Limited as Bookrunners and Mandated Lead Arrangers. Following an oversubscription in syndication the Facility was closed at an amount of US$440 million with a group of 12 lenders. The Facility will

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Moscow Domodedovo Airport to join NetZero2050 commitment

Airports

Moscow Domodedovo Airport has become the first Russian airport to sign ‘NetZero2050’ resolution during the 29th ACI EUROPE Annual General Assembly. The initiative addresses global climate change. Within the frameworks of ‘NetZero2050’ resolution, 194 airports representing 24 countries across the globe have committed to reaching net zero carbon emissions by 2050. The initiative will lead

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