Onex Partners, the private equity platform of Toronto-based Onex Corporation, will lead the investment buyout of Canada’s second-largest commercial carrier WestJet for an agreed figure of CA$3.5 billion, plus a further CA$1.5 billion in assumed debt. The announcement today comes two months after Onex first approached the board of WestJet in March. Onex will pay […]
Onex agrees friendly takeover of WestJet for CA$5 billion Read More »
Honeywell and Lufthansa Technik will heighten their collaboration on Airbus A350 maintenance, repair and overhaul services in the Asia Pacific region. Lufthansa Technik will act as a licensed component repair center and exclusive global asset service provider in Asia Pacific for more than 200 Honeywell shipped components onboard the Airbus A350. Greater accessibility to services,
Aviation Week Network’s Airport Strategy & Marketing (ASM), a global consulting firm dedicated to supporting airports, airlines, tourism authorities and governments with the development of new air routes, has named Chris Warren as Director of Air Service Development. Warren’s U.S.-based role marks the expansion of ASM’s footprint in North America. In this new position, he
Airport Strategy & Marketing names Chris Warren Director of Air Service Development Read More »
The first A330neo of the Americas has been delivered to Azul Linhas Aéreas on lease from Avolon, becoming the first airline from the Americas to fly the A330-900. The aircraft is the first of 15 A330neo ordered by Avolon. The A330neo, Airbus’ new generation A330 aircraft, will be used by the airline to expand its
Azul receives first Airbus A330neo in the Americas Read More »
Vortex Aviation announced its expansion into Dublin Ireland on Monday, May 13, 2019. The new location will provide engine hospital shop visit maintenance activities to support its global customer base. Initial focus will be on CFM56-5B/7B engine models with other engine models added in the near future. Dublin was selected as a prime location, as
Vortex Aviation expands operations to Dublin Read More »
At the end of the week where Dubai-based Emirates posted a 69 percent drop in its full-year profit, the carrier’s Executive Vice President and Chief Commercial Officer, Thierry Antinori, has resigned with immediate effect. Adnan Kazim, Divisional Senior Vice President, Strategic Planning, Revenue Optimisation and Aeropolitical Affairs has been appointed as the acting CCO in
Emirates COO Antinori resigns after Gulf carrier posts 69% drop in full-year profit Read More »
Barfield, a subsidiary of Air France Industries KLM Engineering & Maintenance (AFI KLM E&M), has signed an agreement to continue providing repair service and warranty support for the full range of ECA Group Emergency Locator Transmitters in the USA, Canada, and Mexico. Barfield has provided these services for ECA Group airline and military customers since
Hawaiian Airlines has renewed its 5-year contract with SmartKargo, continuing the cloud-delivered real-time management of the carrier’s air cargo business using the advanced end-to-end Software as a Service (SaaS) solution. Hawaiian was the first U.S. carrier to adopt the SmartKargo Cloud platform in 2014, with the implementation Go Live in the second quarter of 2015.
Cloud-based SmartKargo and Hawaiian Airlines renew 5-year contract Read More »
International Consolidated Airlines Group (IAG) has presented Group consolidated results for the three months to March 31, 2019. The Group reported first quarter operating profit of €135 million before exceptional items (2018 pro forma €340 million). Passenger unit revenue for the quarter was 0.8%, down 1.4% at constant currency. Fuel unit costs for the quarter
IAG Group posts first quarter 2019 results Read More »
Mitsubishi Aircraft Corporation has announced the opening of a new U.S. headquarters in Renton, Washington. The office employs members of a global team, primarily focused on finalizing the development of the company’s regional jet program, including engineering, sales, marketing and customer support. It will also play a key role in future product development. As a
Mitsubishi Aircraft Corporation to open new U.S. headquarters Read More »
