Heike Tamm

Delta Cargo launches GPS-enabled international cargo service

Delta Cargo is introducing Equation Critical, a new service for international shipments. This premium GPS-enabled service for the transportation of highly time-sensitive shipments that must travel on the next available flight, offers GPS tracking on deltacargo.com and moves with the highest priority across Delta’s global network. Customers will know where their shipment is, anywhere in […]

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BAE Systems Regional Aircraft wins fleet support contract from Braathens Regional Airlines

BAE Systems Regional Aircraft has secured a three-year Fleet Support Services contract from Swedish carrier Braathens Regional Airlines (BRA) covering a total of 12 Avro RJs operated by the airline. The scope of the contract includes a renewal of the long-standing JetSpares customised rotable spares rate-per-flying-hour support agreement, for which BRA is the longest standing

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Iberia Maintenance to service DHL’s RB211 535-E4 engines

Iberia Maintenance was awarded the contract for inspection and repair of the Rolls-Royce RB211 535-E4 engines on the B757 fleets of DHL Air UK and Blue Dart, both subsidiaries of DHL Express. The contact covers maintenance of 40 engines over a 10-year period. Iberia Maintenance already services the RB-211-535C engines belonging to the transport and

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Jean-Paul Alary named CEO of Safran Landing Systems, Cédric Goubet CEO of Safran Nacelles

Vincent Mascré has been appointed Chairman of the Executive Board of Zodiac Aerospace, and Chief Executive Officer of the company’s Seats business. Following this appointment, Jean-Paul Alary replaces him as CEO of Safran Landing Systems, and Cédric Goubet will succeed Jean-Paul Alary as CEO of Safran Nacelles.

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Airlines Under Pressure from Higher Wages and Increased Fuel Costs in 2018

Investors will be keeping a keen eye on how airlines approach the dual problems of rising fuel costs and labor costs this year. Last December the International Air Transport Association (IATA) highlighted these two elements, which are airlines’ highest expenditures, as the major challenge for 2018. In 2016, labor costs accounted for 22% of airlines’

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LCI partners with CIT and Prudential Group on inaugural capital markets financing

Lease Corporation International (LCI), a leading helicopter lessor and aviation division of the Libra Group, has closed its inaugural capital markets term loan financing, with a value in excess of US$55m. The private, senior secured tranches have a maturity of five years, and were offered to a range of US financial institutions. CIT Group and

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Norwegian to launch first low-cost route to South America from UK

Norwegian is continuing its global expansion by launching the UK’s first low fare route to South America, with a non-stop service from London Gatwick to Buenos Aires. The new year-round service of four weekly flights from London Gatwick to Buenos Aires Ezeiza International Airport will offer passengers more choice and low fares. Gatwick Airport CEO

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Oriens Aviation marks strong year with Pilatus PC-12 sales

Oriens Aviation, the British Isles sales distributor for the PC-12 added to Pilatus Aircraft’s excellent year in 2017, bringing five new aircraft into service with new customers; selling its original demonstrator (G-RABB) and securing its first new-build delivery position for 2018. Oriens delivered an aircraft to a private owner in Oxford in March; one to

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