Air Canada and Chorus Aviation, the parent company of Jazz Aviation (Jazz), finalized their Capacity Purchase Agreement (CPA) this week. Air Canada and Chorus Aviation have confirmed that all conditions have been met, and that the amended and extended CPA can proceed as planned. The improved CPA, retroactive as of January 1, was announced on […]
Magnetic MRO, a global provider of Total Technical Care for aircraft operators and lessors, issued bonds in total aggregate value of €8 million. The company has submitted an application to Nasdaq Tallinn Stock Exchange Listing & Supervisory Committee for listing the bonds on the multilateral trading facility First North. Capital raised with the bond issue
Magnetic MRO issued bonds in nominal value of €8 million Read More »
BlocBox has announced the addition of a new member to its advisory board; Priveen Raj Naidu, who is currently the Founder and Chief Executive Officer of Reapra Aviation Partners (RAP), an aviation subsidiary of Reapra. As one half of the two-member team that set up AirAsia in Singapore back in 2003, Priveen has extensive experience
Priveen Raj Naidu joins BlocBox Advisory Board Read More »
With current debts of approximately US$1.14 billion resulting mainly from fierce competition, high oil prices and the depreciation of the rupee, India’s Jet Airways has agreed to the majority of terms laid down by Gulf carrier Etihad Airways (Etihad) in a much-needed financial bail-out and company ownership restructuring. Currently, Etihad holds a 24% stake in
India’s debt-ridden Jet Airways handed lifeline by Etihad Read More »
Dr. Georg Fanta took on a new role on January 15. Indeed he is the new spokesman for the management of the Product Division (PD) Component Services at Lufthansa Technik. Consequently, Georg Fanta takes over the role from Harald Gloy, who just became an Executive Board Member at Lufthansa. Dietmar Focke, the former Managing Director
Lufthansa Technik fills two central management positions Read More »
SR Technics has announced its plans for continued growth at its Malta facility in 2019. Over the course of the year, projects include delivering a new six-bay hangar and transforming local operations into a Center of Excellence for SR Technics base maintenance. In order to support this transformation in the near future, a VP of
SR Technics Malta continues to expand its footprint in 2019 Read More »
Alcoa Corporation has released that John Slaven will join the Company as Executive Vice President and Chief Strategy Officer, effective February 4. Slaven will be a member of Alcoa’s executive team and an officer of the Company, reporting to President and Chief Executive Officer Roy Harvey. Slaven will be responsible for supporting Alcoa’s overall strategy
Alcoa appoints Chief Strategy Officer Read More »
Elbe Flugzeug Werke (EFW) has delivered a converted A330-200 to Egyptair from Dresden. Indeed, this is the second passenger-to-freighter aircraft sent from EFW to Cairo/Egypt. The aircraft finished its acceptance processes and ground tests in late January. Subsequently, Egyptair Cargo is replacing the older A300-600P2f freighters with more of the newer A330-200’s . Egyptair hopes to
EFW Sends Egyptair Its 2nd A330-200P2F Read More »
Airinmar, an AAR Subsidiary, has signed an agreement with one of the leading low-cost carriers in Europe. This allows Airinmar to improve its warranty management abilities. Airinmar will operate as an extension of the carrier’s warranty division in three ways. First, Airinmar will assist with heavy/line maintenance warranty entitlements. Second, Airinmar will lend their expertise
Airinmar and European Low-Cost Carrier Sign Warranty Support Agreement Read More »
Norwegian has started the rollout of new and improved inflight Wi-Fi connectivity onboard the airline’s Boeing 737-800 fleet. Norwegian was the first airline to offer passengers free in-flight Wi-Fi on all European flights in 2011. In 2018 it took delivery of its first Boeing 787-9 Dreamliner equipped with inflight Wi-Fi. On February 3, Norwegian has
Norwegian launches new Premium Wi-Fi on European flights Read More »
