The Economic Stabilization Fund of the Federal Republic of Germany (WSF) has released that all the remaining shares of its holding in Deutsche Lufthansa AG has been sold to various investors via an accelerated book building process. The WSF last held around 6.2% of the company’s share capital (74.4 million shares). The WSF had acquired […]
Lufthansa fully back in private hands Read More »
The Board of Directors of Chorus Aviation (Chorus) has released that Joseph (Joe) Randell plans to retire as President and Chief Executive Officer, in the first quarter of 2023, following the company’s reporting of its 2022 year-end results. His retirement will follow a 37-year leadership career in regional aviation. Upon Randell’s retirement, Colin Copp will be appointed President
Chorus Aviation announces President & Chief Executive Officer succession Read More »
With the books closed on the first half of 2022, TAM, Täby Air Maintenance, looks back on a good first half year and has high hopes for an equally good rest of the year. A number of Saab 340 cargo conversions and the new Saab 2000 cargo conversion programme well under way adds to a
TAM’s first half year exceeds expectations Read More »
Embraer has announced the beginning of the engagement process for OGMA S.A., the company’s subsidiary in Portugal, to perform support and maintenance for the A-29 Super Tucano, as well as future modifications to the aircraft to meet the requirements of current and future customers in the region. Thus, OGMA will be the first company in
Embraer engages OGMA for maintenance and modernisation of A-29 Super Tucano Read More »
Starting December 6, 2022, Qatar Airways will be increasing passenger capacity on its flights to and from Perth. Previously operated by the Boeing B777-300ER, passengers will now have a chance to journey on board the A380, featuring a three-class configuration of seating over two decks with a dedicated onboard premium lounge. The aircraft will accommodate an
Qatar Airways re-introduces A380 to Perth Read More »
The Lufthansa Group (Lufthansa) has signed a Memorandum of Understanding (MoU) with Österreichische Mineralölverwaltung Aktiengesellschaft (OMV), the global chemicals and energy group, for the supply of in excess of 800,000 litres of sustainable aviation fuel (SAF) over a seven-year period between 2023 and 2030. The already existing partnership between the two companies will now be
Lufthansa and OMV sign significant MoU for supply of 800,000 litres of SAF Read More »
Safran Helicopter Engines has signed an agreement with Airbus Helicopters to continue supporting Arriel engines powering the U.S. Army UH-72 Lakota helicopter fleet. This contract formalizes a Maintenance, Repair and Overhaul (MRO) and service agreement supporting over 900 Arriel 1E2 and Arriel 2E engines, operated by the U.S. Army on its UH-72As and UH-72Bs. This
Safran continues to support U.S. Army UH-72 Lakota engines Read More »
Parker-Hannifin Corporation, a global leader in motion and control technologies, has completed its acquisition of Meggitt PLC for approximately £6.3 billion. Meggitt, headquartered in Coventry, UK, had annual revenue of approximately £1.63 billion for the 12-months ending June 30, 2022 and employs more than 9,000 team members serving customers around the world. Meggitt has diverse aerospace and defence
Parker-Hannifin Corporation completes acquisition of Meggitt for £6.3 billion Read More »
Vallair, the mature asset specialist, has purchased an Airbus A321 (MSN 1008) for imminent part-out. The 1999 vintage aircraft was previously operated by AtlasGlobal and managed by TrueAero. The airframe will be fully disassembled at Vallair’s facility in Montpellier, under the supervision of Armando Filho, Director of Material Management. “Part of the Group’s strategy is
Vallair acquires A321 aircraft for part-out in Montpellier, France Read More »
AJW Group, an independent aircraft component parts, repair, and supply chain solutions provider, has appointed Tathiana Victoria Rice as Senior Sales Director for North America. Rice’s responsibilities will encompass sales team leadership, accelerating AJW’s revenue through expanding AJW’s presence in the region and contributing to the company’s marketing and business strategies. Rice brings over 15
AJW Group names Tathiana Victoria Rice as Senior Sales Director for North America Read More »
