Embraer Signs Pool Program Contract to Support Air Astana’s new E-Jets E2 fleet

Embraer and Air Astana, a flag carrier of Kazakhstan, have reached a multi-year agreement on a Flight Hour Pool Program to support the component needs for the airline’s new E2 fleet, Embraer’s second generation of the E-Jets family of commercial aircraft. The E2’s entry into service marks the beginning of Air Astana’s fleet renewal. Currently […]

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Boeing and Safran Announce New APU Joint Venture

MRO & Production, Top Stories

Boeing and Safran have jointly announced the name of their 50-50 joint venture to design, build and service Auxiliary Power Units (APUs): Initium Aerospace. From its Latin roots, initium means ‘the beginning’ or ‘to start.’ This is what an APU is and does when it provides the power to start the main aircraft engines and

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Avolon Posts Annual Net Profit of US$717 million

Financial

Avolon, the international aircraft leasing company, has announced results for the 2018 full year. Avolon’s lease revenue for the year was US$2.6 billion; an increase of 10% year on year. The company generated US$2.2 billion of net cash of operating activities in 2018 and delivered US$717 million in profit for the year, an increase of

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Air Astana records US$5.3 Million Net Profit in 2018

Financial

Air Astana has declared net profit for 2018 of US$5.3 million, driven by higher revenues and higher jet fuel costs. Total airline revenue rose by 10% to US$840.8 million. Capacity as measured in ASKs rose by 5% and total passenger numbers by 3%, to 4.3 million. However, transit business via the airline’s Astana and Almaty

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TAG Aviation Appoints New Head of Compliance and Safety

People

TAG Aviation (UK) has appointed Stuart Stevenson as Head of Compliance and Safety. In this important role, Stevenson will head up a team comprising Compliance, Safety and Flight data specialists and hold overall responsibility for overseeing TAG’s (UK) regulatory compliance, as well as ensuring the promotion and effective management of the Safety Management System, the

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1.8 Million Passengers Flew with SAS in January

Traffic

The number of passengers traveling with SAS’s scheduled traffic increased slightly compared to January 2018. At the same time, the passenger load factor and unit revenue increased. Compared to January 2018, capacity was unchanged while the number of passengers increased, leading to a 0.9 point increase in the load factor to 64.9%.

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Swissport to Acquire Heathrow Cargo Handling from Air France

Financial

Swissport has agreed to increase its shareholding in Heathrow Cargo Handling (HCH) to 100% from 50%, which it held in a joint venture. Swissport will now fully own this cargo handling company at one of Europe’s busiest air cargo hubs. The HCH joint venture has been providing first class cargo handling services to the world’s leading

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Lufthansa Technik Received Approval from the General Authority of Civil Aviation

MRO & Production

Lufthansa Technik has received the approval from the General Authority of Civil Aviation (GACA) of the Kingdom of Saudi Arabia for maintenance services on aircraft registered in Saudi Arabia. In January 2019, a first A-Check on a corresponding Airbus A320 was already conducted by Lufthansa Technik Middle East mechanics in the hangar of DC Aviation

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Joramco Signs Long-Term Agreement with Boeing for Hardware and Chemical Product Lines

MRO & Production

Boeing Distribution Services (formerly KLX Aerospace Solutions) secured a long-term contract with Joramco at MRO Middle East 2019. The contract will provide the aircraft maintenance, repair and overhaul (MRO) company with aerospace hardware and chemical products and services. Birgitt Pohlkamp vice president of Europe, Middle East, Africa and India sales for Boeing Distribution Services said.

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IAG caps number of non-EU shareholders to protect European flying rights

Financial

Under European Union (EU) rules, airlines wishing to have flying rights in Europe must be at least 50% EU-owned. As a consequence, IAG, owner of British Airways, has blocked investors from outside the EU by setting a non-EU investor cap at 47.5%, a threshold which has already been reached. The move follows on from easyJet

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Heike Tamm

Embraer Signs Pool Program Contract to Support Air Astana’s new E-Jets E2 fleet

Boeing and Safran Announce New APU Joint Venture

Avolon Posts Annual Net Profit of US$717 million

Air Astana records US$5.3 Million Net Profit in 2018

TAG Aviation Appoints New Head of Compliance and Safety

1.8 Million Passengers Flew with SAS in January

Swissport to Acquire Heathrow Cargo Handling from Air France

Lufthansa Technik Received Approval from the General Authority of Civil Aviation

Joramco Signs Long-Term Agreement with Boeing for Hardware and Chemical Product Lines

IAG caps number of non-EU shareholders to protect European flying rights

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