Dubai Aerospace Enterprise (DAE) has signed a new unsecured US$720 million revolving credit facility with a group of nine international banks based in US, Europe and Asia. The credit facility has a maturity of five years. Firoz Tarapore, Chief Executive Officer of DAE commented: “This new revolving credit facility will significantly boost our liquidity profile […]
DAE signs new US$720 million revolving credit facility Read More »
Orlando, Florida-based MRO, Sky Aerospace Engineering (SAE) has completed the successful aircraft test flight after the modification of the first Spirit Airlines’ A320 family series aircraft. SAE has completed the installation of the first Ka-band High Throughput Satellite (HTS) system fitted on A320 family aircraft; the system provides high-speed web browsing and streaming. In August
Headquartered in Manassas, Virginia, Aurora Flight Sciences (Aurora) has unveiled Odysseus, the company’s solar-powered autonomous aircraft, now the world’s most capable aircraft of its type. Combining advanced solar cells with lightweight materials, Odysseus is an ultra-long endurance, high-altitude platform which can effectively fly indefinitely, powered solely by clean, renewable energy. “Aurora was founded by the
Aurora Flight Sciences Unveils Odysseus – a Solar-powered Autonomous Aircraft Read More »
West Star Aviation has named Steve Goede as the General Manager of the company’s Chattanooga (CHA) facility. In his new position he will provide leadership for all aspects of the site including operations, planning and project management, quality control and building maintenance. Previously, Goede was instrumental in developing West Star’s Landing Gear Overhaul and Accessory
West Star Aviation names Steve Goede General Manager of Chattanooga (CHA) location Read More »
Magnetic MRO, a global provider of Total Technical Care for aircraft operators and lessors, made a significant step towards becoming a fully paperless MRO. The company has decided to digitalize paper-based aircraft maintenance work orders, as well as introduce biometric e-signatures for aviation mechanics and other certifying staff. Paper documents made their job back in
Magnetic MRO cuts paper consumption, shifts to biometric e-signatures Read More »
For the first time in the aircraft seat manufacturer’s history, turnover is exceeding the €500 million mark. This strong growth confirms RECARO Aircraft Seating’s five-year strategy. When it was introduced in 2013, sales turnover was just over €330 million and the number of seats sold was just under 80,000. Current figures reflect continuous growth since
RECARO Aircraft Seating turnover rises to over €500 million Read More »
GA Telesis, (GAT) has announced that the Company’s Component Solutions Group (CSG) Istanbul customer support office has signed repair management agreements in the 3rd Quarter with three leading Eurasian-based airlines and MROs for repair management services utilizing GAT’s iGEAR program. The aforementioned contracts will support a total of 80 Airbus and Boeing single-aisle and twin-aisle
GA Telesis signs repair management agreements with three Eurasian customers Read More »
Tel Aviv-based Arkia Israeli Airlines, which is majority owned by Jordache Enterprises, has taken delivery of its first A321LR, becoming the launch operator of this large single-aisle aircraft. The A321LR is the latest version of the best-selling A321 Family and allows operators the flexibility to fly long-range (LR) operations of up to 4,000nm (7,400km) and
Arkia Israeli Airlines takes delivery of world’s first A321LR Read More »
Exostar, a leader in trusted, secure business collaboration in aerospace and defense (A&D), life sciences, and healthcare, has reported that Stuart Itkin has joined the company as Vice President of Product Management. He will oversee all of Exostar’s strategic and tactical product management and product marketing activities. Itkin has led product strategy, development, and execution
Exostar names Stuart Itkin Vice President of Product Management Read More »
GKN Aerospace Norway has signed an eight-year agreement with Pratt & Whitney for the production of diffuser cases, low pressure turbine cases and shafts for the F135 engine, which powers the fifth generation F-35 Lightning II fighter aircraft. The agreement also includes an extension for the supply of several shafts for Pratt & Whitney’s F100,
