Centerbridge Partners, L.P. and Reservoir Capital Group, L.L.C. have agreed to acquire a minority stake in Amedeo Capital Limited (Amedeo) as part of their continued investment strategy in the aviation industry. Amedeo will acquire the U.S. management subsidiary of Intrepid Aviation Holdings Group (Intrepid) and will make a minority investment in Intrepid as part of […]
On July 1, 2018, Jaap Beijer has become the General Manager of MTU Maintenance Zhuhai. The company is a 50/50 joint venture between MTU Aero Engines, Germany’s leading aero engine manufacturer and China Southern Air Holding Company, China’s largest airline group. Beijer joins the MTU subsidiary from his role as Senior Vice President Aftermarket IAE
Jaap Beijer becomes new General Manager of MTU Maintenance Zhuhai Read More »
Lease Corporation International (LCI), the aviation division of the Libra Group, has reported its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing Aviation Co. (Kingwing), each configured for Emergency Medical Services (EMS) operations. This latest announcement reinforces LCI’s long-held strategy of curating a balanced and diverse
LCI places first helicopters in China with multi AW139 EMS lease to Kingwing Read More »
Delta has embarked on a full-fleet interior renovation of its 777 aircraft, with the first refreshed 777-200ER taking flight this afternoon from Detroit (DTW) to Beijing (PEK) featuring the award-winning Delta One suites, the new Delta Premium Select cabin and the widest Main Cabin seats of Delta’s international fleet, among other interior upgrades. The aircraft
Delta emphasizes customer comfort with first refreshed 777-200ER Read More »
The International Air Transport Association (IATA) called on governments and other aviation stakeholders in the Caribbean region to work together to maximize the benefits of aviation connectivity. “Aviation is essential to supporting tourism in the Caribbean region, transporting approximately 50% of all tourists who travel here. It also provides a vital lifeline when disaster strikes,
Maximizing aviation’s benefits in the Caribbean Read More »
Singapore Technologies Engineering (ST Engineering) has announced the divestment of 25% equity interest in its indirect associates, Airbus Helicopters South East Asia (AHSA) to the joint venture partner, Airbus Helicopters SAS (Airbus Helicopters) of France. The consideration for the 25% stake is €9.125 million (approximately S$14 million) which will be paid wholly in cash. AHSA
ST Engineering divests shares in Airbus Helicopters Southeast Asia Read More »
The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE, Bombardier and Investissement Québec came into effect on July 1, 2018. Airbus now owns a 50.01% majority stake in C Series Aircraft Limited Partnership (CSALP), while Bombardier and Investissement Québec (acting as mandatory for the government of
Bombardier confirms closing of C Series transaction Read More »
IAG is to become the fourth low-cost carrier to operate out of Vienna with an Air Operator Certificate issued by the Austrian Civil Aviation Authority. The Group, which owns British Airways, Vueling and Iberia, among others, has announced the creation of a new low-cost carrier, LEVEL, which will service short-haul routes from the Austrian capital.
Austrian low-cost market heats up as IAG enters the frame Read More »
Airbus’ brand new A330neo has landed in Mauritius for the first time on June 30, as part of the final phase of test flights leading to the Type Certification of its latest mid-size widebody airliner. The aircraft, an A330-900 painted in the livery of launch operator TAP Air Portugal, had arrived at Sir-Seewoosagur-Ramgoolam International Airport
Airbus’ newest widebody A330neo in Mauritius for the first time Read More »
Jet Airways, India’s premier international airline, has inducted its very first Boeing 737 MAX in its fleet. The 737 MAX represents Boeing’s latest upgrade to its single aisle 737, which has been the backbone of Jet Airways’ fleet ever since the airline commenced operations in 1994 with the then latest 737-300s. The new 737 MAX
Jet Airways inducts India’s first 737 MAX 8 Read More »
