Bombardier Concludes Sale of Business Aircraft Training Unit to CAE

Bombardier has confirmed the conclusion of the sale of its flight and technical training activities to CAE, for an enterprise value of CA$645 million. Net proceeds are expected to be approximately CA$500 million after the assumption of certain liabilities, fees, and closing adjustments. Bombardier and CAE also agreed to continue their Authorized Training Provider (ATP) […]

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Newbow Aerospace starts 2019 with Expansion

MRO & Production

Newbow Aerospace, a design, manufacturer and supplier of Ground Support Equipment to the aviation industry, has announced a significant expansion of their manufacturing and production facility to meet customer demand. The new facility, which neighbours their headquarters in central UK, will see the company’s production capacity double in size, increase its workforce by 30% and

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Pratt & Whitney’s Singapore Engine Center Completes First GTF™ Engine MRO

MRO & Production

Eagle Services Asia, Pratt & Whitney’s engine center in Singapore, marks its first PW1100G-JM GTF™ engine overhaul. It also achieved FAA certification in March 2019, adding to approvals received from EASA and CAAS in late 2018. This milestone shows that the facility is progressing on track with ramping up for GTF overhauls. In January 2019,

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AviaAM Leasing delivers two Airbus A321 to Air Transat

Aircraft & Engines

AviaAM Leasing has delivered two Airbus A321-211 aircraft to Canada‘s holiday travel airline company – Air Transat. Within a few months, AviaAM Leasing team has fully administered the necessary aircraft checks according to the new operator’s requirements. The aircraft MSN 4103 and MSN 4500 were finally delivered to the customer at FL Technics facilities in

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Air Partner appoints Lee Rennie as Partner Relationship Manager

People

Air Partner, the global aviation services group, has appointed Lee Rennie to the newly created role of Partner Relationship Manager in its UK Charter team. Lee will be based at Air Partner’s headquarters in Gatwick and will report directly to Managing Director Tony Whitty. Rennie brings with him a wealth of industry experience, most recently

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STS Component Solutions Opens New Sales Office in Guangzhou, China

Other News

STS Component Solutions expands into China with the opening of a sales office in Guangzhou. The establishment of this location was driven by current customer demand and projected organizational growth in the Asia-Pacific region over the next 20 years. This new facility is the company’s third office to open in mainland China. A team of Account

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BOC Aviation posts full year 2018 results

Financial

BOC Aviation has reported its financial highlights for the year ended 31 December 2018. Total revenues and other income rose 23% year-on-year, to US$1,726 million. Profit before tax was US$685 million, up 24% year-on-year, and net profit after tax was US$620 million. Total assets increased 14% year-on-year, to US$18 billion at 31 December 2018. The

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Boeing share price falls again as U.S. grounds all 737 MAX jets

Aircraft & Engines, Top Stories

After the second fatal crash of a Boeing 737 MAX jet in under five months, the U.S Federal Aviation Administration (FAA) has halted the operation of the aircraft. This is the second time the FAA has had to intervene with a Boeing Jet in six years after it temporarily grounded the 787 Dreamliner in 2013

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Lufthansa Group orders 40 total 787-9 and A350-900 jets to slash operating costs

Aircraft & Engines

In a bid to streamline operations and educe aircraft running costs, Lufthansa Group has confirmed the placement of an order for 20 Boeing 787-900 and Airbus A350-900 state-of-the-art long-haul jets. While neither the Group nor the two airplane makers would confirm the agreed purchase figures, at book prices the deals have a total value of

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Private Jet Operator Sky Prime selects Honeywell Mechanical and Avionics Protection Plans

Other News

Sky Prime, the Saudi Arabia-based private jet operator, has chosen the Honeywell Avionics Protection Plan and Mechanical Protection Plans to ensure the Honeywell equipment on board its Gulfstream jets is protected to enhance performance of the aircraft and help reduce downtime during repairs. The Honeywell Avionics Protection Plan (HAPP) is a maintenance service program that

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