IAG, parent company of British Airways and Iberia, has acquired a 4.61% ownership position in Norwegian Air Shuttle ASA (Norwegian). IAG said that it considers Norwegian to be an attractive investment and that it intended to establish a position from which to initiate discussions with Norwegian, including the possibility of a full offer for Norwegian. […]
IAG makes minority investment of 4.61% in Norwegian Read More »
Component Control has announced an expanded Partnership with Oracle. Component Control has been an Oracle partner since 2003 and with the recent agreement will now be authorized to re-sell Oracle as a Gold OPN partner. “We have been working with Oracle technology for several years and lean heavily on their world-class solutions”, said Daniel Tautges,
Component Control expands partnership with Oracle, now authorized reseller Read More »
Hi Fly, an European airline specialized in Wet Lease, will welcome two new Airbus A330-200 to its fleet this summer. The two Airbus A330s, coming from a direct order to Airbus Industries, are currently in final assembly stage in Toulouse and will be delivered to Hi Fly one in June and the other in July
Hi Fly welcomes two new A330-200 aircraft to its fleet Read More »
GECAS has committed to lease twelve Boeing 737 MAX8s to Jet Airways (India) with deliveries commencing from June 12, 2018 and continuing into 2020. Six of these MAX aircraft will be from GECAS’ skyline order while the other six are from sale and lease back transactions from Jet Airways’ order book. The new technology aircraft
GECAS leases twelve 737 MAX8s to Jet Airways Read More »
Wales-based aftermarket supply specialist AerFin signed a three-year TrueChoice™ Material agreement with GE Aviation for serviceable OEM parts, advanced repairs and technology upgrades for the CFM56, CF34 and CF6-80C2 engines. “Since its inception, AerFin has seen the value of OEM-centric material support,” said Bob James, CEO of AerFin. “With the TrueChoice™ Material program, we can
AerFin and GE Aviation sign material service agreement Read More »
Airbus shareholders have approved the appointment of three new independent non-executive directors to replace long-serving Board Members whose mandates expired, at the close of its 2018 Annual General Meeting (AGM). Following the AGM’s approval, Victor Chu joins the Airbus Board of Directors for a term of three years. Mr. Chu, who is Chairman and Chief
Airbus shareholders approve appointment of three new independent non-executive directors Read More »
Lufthansa Technik and Asiana Airlines from South Korea, have signed a new, long-term agreement for Total Component Maintenance (TCM). The contract has a term of ten years starting in April 2018 and covers the nine aircraft in Asiana’s Boeing 777-200ER fleet. Component repairs will take place at Lufthansa Technik’s workshops in Hamburg. Lufthansa Technik also
LHT and Asiana Airlines sign component services agreement for carrier’s Boeing 777 fleet Read More »
SIA Engineering Company has signed an In-Flight Entertainment and Connectivity (IFEC) maintenance agreement with Thales. Singapore Airlines (SIA) had selected Thales’ AVANT IFE system and Ka-band connectivity solution for its fleet of A350 XWB aircraft configured for medium-haul operations. This IFEC maintenance agreement between SIAEC and Thales will support the SIA fleet for an initial
SIA Engineering Company signs IFEC maintenance agreement with Thales Read More »
Royal Aero has acquired an ex-Aruba A320 aircraft, MSN 0582, from AerCap for disassembly of the airframe and lease of its V2527A5 engines.
Royal Aero acquires ex-Aruba A320 from AerCap Read More »
With consolidated earnings after taxes at around €155m, Munich Airport achieved the best result in its history in 2017. The Group again achieved a year-on-year increase of €100m in annual revenues to around €1.5bn – thanks in large part to a substantial 5.5% rise in total passengers to 44.6 million. The airport’s strong economic performance
Munich Airport reports record net annual profit of €155m for 2017 Read More »
