DAE increases bond repurchase program by US$300 million

Dubai Aerospace Enterprise (DAE) has released that its Board of Directors and Shareholders had authorized an additional US$300 million for bond repurchases to be conducted through open market transactions. To date, DAE has repurchased US$295 million of principal amount of its publicly traded bonds under the previous authorization of US$300 million. DAE Chief Executive Office […]

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Sundair orders CFM56-5B engines

Aircraft & Engines / Leave a Comment

German-based leisure airline Sundair has purchased four CFM56-5B engines to power two new Airbus A320ceo aircraft, valued at US$45 million list price. Sundair began commercial operations in 2017 and currently operates a total of four A320ceo aircraft, including the two recently introduced CFM56-5B-powered aircraft. The company plans to expand its operations throughout Europe.

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Vallair delivers first Boeing 737-400F to Chinese operator Longhao

Aircraft & Engines / Leave a Comment

Vallair the aircraft trading, leasing and specialist MRO organisation, has completed delivery of their first B737-400F to Guangdong Longhao Aviation Group of China for a Boeing 737CL. The aircraft (MSN27916) was previously operated by Japan Transocean Airlines and was converted at Gameco in Guangzhou under a Pemco STC (Supplemental Type Certificate). Guangdong Longhao Aviation Group

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Cadence Aerospace names new Director, Business Development & Contracts, Cadence Aerospace–Aerosystems

People / Leave a Comment

Cadence Aerospace, a provider of highly complex aerospace components and assemblies to commercial and defense customers, has appointed Vivian Martinez-Wells as Director, Business Development & Contracts, Cadence Aerospace–Aerosystems. Martinez-Wells joins the Company’s expanding Business Development team and reports to Robert Saia, Senior Vice President, Business Development for Cadence Aerospace. In her new role, she will

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TAM signs comprehensive contract with Eastern Airways

MRO & Production / Leave a Comment

Täby Air Maintenance, TAM, has signed a contract for a series of A-checks on UK-based Eastern Airways’ fleet of Saab 2000s. The agreement covers all seven aircraft and will be executed during the spring of 2019, with the final aircraft returned to service with Eastern Airways in mid-May. “We are very pleased and grateful to

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British Airways enhances cabin crew training with new apprenticeship programme

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British Airways continues its investment in customer service and has announced a programme to recruit more than 2,000 cabin crew in 2019. Successful candidates with no prior cabin crew experience will train through the airline’s new cabin crew apprenticeship programme. After completing an intense cabin crew training course at British Airways’ Global Learning Academy, including

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Spirit AeroSystems Chief Financial Officer to retire

People / Leave a Comment

Spirit AeroSystems has reported that Sanjay Kapoor, Executive Vice President and Chief Financial Officer, plans to retire in the first quarter of 2019. Kapoor has been in this role since he joined the company in August 2013. Kapoor will continue in his role as chief financial officer and assist in the transition once a successor

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Loftleidir Icelandic’s subsidiary submits binding offer for majority shares of Cabo Verde Airlines

Financial / Leave a Comment

Loftleidir Icelandic, a subsidiary of Icelandair Group, will, together with Icelandic investors, submit a binding offer for a 51% of the shares in Cabo Verde Airlines on Cape Verde. Authorities in Cape Verde and Loftleidir Icelandic have been cooperating for some time. In August 2017, Loftleidir Icelandic signed a management agreement with the Cape Verde

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Turkish Airlines now flying to Gambia

Airlines & Routes / Leave a Comment

Turkish Airlines has now added the Gambian capital, Banjul, to its schedule. The flights will be operated twice a week and will be in connection with Dakar flights. With this addition, Turkish Airlines has increased its flight network to 54 in Africa. .This means Turkish Airlines now reaches 123 countries with 305 destinations worldwide. Turkish

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André-Hubert Roussel proposed CEO of ArianeGroup

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Joint shareholders Airbus SE and Safran have proposed to the Board of Directors of ArianeGroup André-Hubert Roussel, currently Head of Operations at Airbus Defence and Space, to succeed Alain Charmeau as Chief Executive Officer (CEO) of ArianeGroup, effective January 1, 2019. Alain Charmeau, an accomplished executive in the aerospace industry, will retire in 2019 after

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Heike Tamm

DAE increases bond repurchase program by US$300 million

Sundair orders CFM56-5B engines

Vallair delivers first Boeing 737-400F to Chinese operator Longhao

Cadence Aerospace names new Director, Business Development & Contracts, Cadence Aerospace–Aerosystems

TAM signs comprehensive contract with Eastern Airways

British Airways enhances cabin crew training with new apprenticeship programme

Spirit AeroSystems Chief Financial Officer to retire

Loftleidir Icelandic’s subsidiary submits binding offer for majority shares of Cabo Verde Airlines

Turkish Airlines now flying to Gambia

André-Hubert Roussel proposed CEO of ArianeGroup

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