The Regional Express (Rex) Group has posted its first half financial year 2018 (1H FY18) results. Rex announced a statutory Profit Before Tax (PBT) of AU$13.8m for the first half, on a turnover of AU$151m, representing a 60% improvement on its PBT compared to the prior period. Rex Executive Chairman Lim Kim Hai said, “first […]
Rex first half FY17/18 profit before tax increased 60% Read More »
AeroCentury, a global aircraft leasing company has reported that the California Department of Business Oversight has determined that the terms and conditions of the offer and sale of AeroCentury common stock in AeroCentury’s proposed Merger (the Merger) with JetFleet Holding Corp. (JHC) are fair. Consequently, the Department issued a permit authorizing AeroCentury to solicit the
AeroCentury announces issuance of permit for acquisition of JetFleet Holding Read More »
Metro Aviation has ordered 25 EC145e helicopters that it will place into service providing air medical transport and other aerial services. It is one of the larger commercial helicopter orders ever booked by the U.S. based company. Metro was the first customer for the lighter weight and lower cost version of the EC145 when it
Metro Aviation places order for 25 Airbus EC145e helicopters Read More »
According to Reuters, the White House has confirmed that an agreement has been reached with Boeing for two new 747-8 jets to replace the current Air Force One planes, two Boeing VC-25As which began operations back in 1990. According to Deputy Press Secretary Hogan Gidley, “President Trump has reached an informal deal with Boeing on
Boeing and White House Reach Informal Deal for Two Air Force One Jets Read More »
Dubai Airports has confirmed plans to close Dubai International’s (DXB) southern runway for a 45-day period in 2019 to conduct a comprehensive upgrade designed to boost safety, service and capacity levels. DXB operates 24/7, 365 days per year with over 1,100 aircraft movements per day featuring predominantly wide-body aircraft. While ongoing runway maintenance is scheduled
Dubai Airports to close southern runway for 45 days in 2019 Read More »
GA Telesis, LLC has announced the promotion of Meghan Burgan to Vice President of Programs and Repair Management. Meghan will oversee and manage all flight hour programs, inventory leasing and repair management activities for the Component Solutions Group (CSG) within GA Telesis. Bringing two decades of aviation aftermarket experience with her, Meghan joined GA Telesis
GA Telesis promotes Meghan Burgan as VP of Programs and Repair Management Read More »
Lease Corporation International (LCI), the aviation division of the Libra Group, is expanding its partnership with CHC through the placement of a second Airbus Helicopters H175 aircraft with the operator. The helicopter is due to enter service in December 2018 and will be supporting CHC’s operations in the UK. This will be LCI’s second aircraft
LCI expands CHC partnership with second H175 Read More »
FAI Technik, the maintenance division of Germany’s FAI Aviation Group, has reported record financial results in 2017 achieving revenues of €9.7m for the first time in the company’s history. The division’s revenues mark a significant increase of 40% compared with 2016. The company inaugurated its new 4,500 m² carbon neutral Hangar 8 last year, the
FAI Technik expands capacity and completes most challenging conversion project to date Read More »
Specialist aircraft component support provider Bii, is continuing to secure a wide range of contractual support programmes with operators of all sizes across the globe. In particular Russia, the Baltics, Western, Central and Eastern Europe, Eastern Mediterranean, North Africa and the Middle East have shown dramatic growth in the past twelve months. CEO Francis Cradock
Air Transport Services Group has hired Mike Berger as Chief Commercial Officer. Berger will assume responsibility for the sales and marketing strategy and execution for the ATSG family of companies, and will also be President of Airborne Global Solutions, ATSG’s commercial and consulting enterprise responsible for selling the bundled solutions of the ATSG family of
ATSG hires Mike Berger as Chief Commercial Officer Read More »
