Based out of Melbourne, Florida and Kansas City, Missouri, STS Mod Center and STS AeroMod have perfected the installation process of high-speed connectivity solutions across all commercial aircraft types. “Each connectivity package we do, regardless of aircraft type, takes about three days to complete. That’s fast,” says Daniel Burgess, Senior Vice President of STS AeroMod. […]
Leonardo has signed a new Term Loan Facility with a pool of domestic and international banks for the purpose of refinancing existing debt. The credit line amounts to €500 million and has a maturity of 5 years. It’s terms include the payment of 110 basis points above 6 months Euribor and the bullet redemption of
Leonardo signs Term Loan Facility of €500 million Read More »
AirAsia Group has posted third quarter 2018 revenue of RM2.61 billion, up 7% year-on-year from RM2.45 billion in the same quarter in 2017. Revenue growth was supported by a healthy load factor of 82% and 9% increase in passengers carried recording 10.80 million pax as compared to the same quarter last year. Net operating profit
AirAsia Group posts third quarter 2018 revenue of RM2.61 billion Read More »
Indonesian investigators have confirmed that the Lion Air Boeing 737 Max jet was not in an airworthy condition the day before its fatal crash on October 29 which killed all 189 passengers and crew on board. They have released that on the flight from Bali to Jakarta on the October 28, the pilot had to
Investigators confirm Lion Air 737 MAX not airworthy prior to fatal crash Read More »
AEGEAN Air has announced 2018, 9-month results with consolidated revenue at €939.3 million, 5% higher than 2017. Pre-tax earnings rose 14% to €115.8 million and net earnings after tax were up 13% to €80.9 million. During the 9-month period to September 30, 2018, AEGEAN and its subsidiary Olympic Air, carried 10.8 million passengers, 6% more
AEGEAN Airlines reports 13% net earnings growth to €80.9 million Read More »
Arkia Israeli Airlines has signed a comprehensive technical services contract with Lufthansa Technik. Within the framework of a ten-year agreement, Lufthansa Technik will support the airline with Total Technical Support (TTS®) including Technical Operations Management (TOM) for Arkia’s three Airbus A321LR. Integrating all MRO activities into one service package, Lufthansa Technik will provide engineering, line
Arkia and LHT sign comprehensive support contract Read More »
Barfield, an Air France KLM Engineering & Maintenance (AFI KLM E&M) subsidiary in the Americas and a major aviation industry player, has signed a multi-year components maintenance agreement with Ecuadorian based airline TAME. The flat rate agreement covers TAME’s Airbus A330 aircraft. The agreement also increases Barfield’s long term partnership with TAME with the support
Barfield reinforces partnership with TAME in new components maintenance support Read More »
BOC Aviation has delivered one new Boeing 787-9 Dreamliner aircraft to Norwegian Air Shuttle ASA (Norwegian). The aircraft will be powered by Roll Royce Trent 1000 TEN engines. “We are delighted to welcome Norwegian as a new Boeing 787-9 Dreamliner customer of BOC Aviation and to support its aims of broadening its long-haul, low cost
BOC Aviation delivers Boeing 787-9 aircraft to Norwegian Air Shuttle Read More »
Boeing and Israel Aerospace Industries have signed a strategic agreement setting out principles of cooperation between the two companies in commercial and military aviation, in Israel and other markets around the world. According to the agreement, Boeing is expected to provide IAI with work packages totaling potentially billions of shekel, relating to potential future Boeing
Israel Aerospace Industries and Boeing sign strategic cooperation agreement Read More »
MTU Maintenance and new customer Serene Air have signed a long-term contract. The agreement covers the maintenance, repair and overhaul of the Pakistani operator’s CFM56-7 engines, powering its Boeing 737-800 fleet. Further, the agreement includes on-site support and spare engine leasing. The contract also includes the option to expand the scope in the future to
MTU Maintenance signs CFM56 engine MRO contract with Serene Air Read More »
