ACI World, IATA and WWACG agree on new industry-wide governance

Airports Council International (ACI) World, the International Air Transport Association (IATA), and the Worldwide Airport Coordinators Group (WWACG) announced the agreement of a new governance structure for the WSG that puts the interests of the traveling public at the center of the process. Airport operators, airlines, and slot coordinators will now play an equal role […]

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Mitsubishi Heavy Industries looking to acquire Bombardier regional jet program

Financial

Having successfully negotiated a deal where Airbus acquired an 80% stake in the ailing CSeries of Bombardier jets, the Canadian plane and train maker is now in discussion with Mitsubishi Heavy Industries Ltd (Mitsubishi) over the acquisition of its Canadair Regional Jet (CRJ) series according to The Air Current, which also indicated that a firm

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Saudia Aerospace Engineering Industries opts for Aeroxchange’s AeroBuy solution

MRO & Production

Saudia Aerospace Engineering Industries (SAEI), a wholly-owned subsidiary of Saudi Arabian Airlines Holding, has selected Aeroxchange’s AeroBuy solution to drive asset optimization and increase supply chain transparency. SAEI is headquartered in Saudi Arabia at King Abdul Aziz International Airport (KAIA) in Jeddah. With over 59 years of experience, it is one of the largest Maintenance,

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SkyTeam names Walter Cho chairperson of alliance board

People

SkyTeam, the global airline alliance co-founded by Delta, has named Walter Cho, Chairman and CEO of Korean Air, as the new chairperson of its alliance board. The appointment was endorsed this week at a meeting of the SkyTeam Alliance Board, which is composed of the CEOs of the 19 member airlines and oversees SkyTeam’s global

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Delta reports operating performance for May 2019

Traffic

Delta Air Lines has reported operating performance for May 2019. Delta reported that system traffic increased 7% compared to the previous year, while capacity increased 5.3%. System load factor improved 1.3 points to 87.6% compared to the same period in 2018.

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Air Canada and Drone Delivery Canada sign sales agency agreement

Other News

Air Canada said it has entered into a sales agency agreement with Drone Delivery Canada (DDC) through which Air Canada Cargo will market DDC’s drone delivery services in Canada, giving the logistics community access to the growing potential of commercial drone deliveries. Under the terms of the agreement, Air Canada Cargo will act as a

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Goshawk Aviation sells portfolio of 18 aircraft to Pioneer

Uncategorized

Goshawk Aviation has sold a portfolio of 18 aircraft to Pioneer Aircraft Finance Limited and Pioneer Aircraft Finance LLC (collectively Pioneer), a newly formed ABS entity. The portfolio comprises of 16 narrowbody, 1 widebody and 1 regional aircraft. As at March 31, 2019, the aircraft had an average age of 5.3 years and were on

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MTU Maintenance Berlin-Brandenburg opens new logistics center

MRO & Production

MTU Maintenance has inaugurated a new logistics center at its Ludwigsfelde site on June 5. The company has invested €11.5 million in the new building, which totals 6,500 m² of operating space across two levels and can house 105 employees. The relocation of all relevant departments to the new building is scheduled for completion in

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Planet Nine Private Air takes fifth and latest Falcon 7X

Uncategorized

Planet Nine Private Air (Planet Nine), the Van Nuys, California based private charter operator and aircraft management company, announced the arrival of its fifth ultra long-range Dassault Falcon 7X aircraft onto its Part 135 certificate, just in advance of its first anniversary of operations. The latest aircraft, registration no. N999PN, brokered by Freestream Aviation Limited

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Aviation Capital Group increases unsecured revolving credit facility to US$2.0 billion

Financial

Aviation Capital Group (ACG), a leading aircraft operating lessor, has announced the upsize, amendment and extension of its five-year unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders named therein. Total commitments increased by US$370 million, to approximately US$2.0 billion, and the maturity date was extended to June 3,

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Heike Tamm