Czech Airlines Technics (CSAT) long-term co-operation with Finnair is to continue. The original three-year base maintenance agreement was extended by another three years thanks to the exercised option. CSAT will thus continue to provide base maintenance checks and repairs for the carrier’s Airbus A320-family narrow-body aircraft fleet in Hangar F at Václav Havel Airport Prague, […]
Ruili Airlines has signed an agreement with Embraer to join its Energia Advisory Group – Energia is Embraer’s project developing sustainable aircraft for the future. The companies will work together on the design requirements for next-generation sustainable aircraft and the potential market in China. Based at Kunming Changshui International Airport, Ruili Airlines is a full-service
Dubai Aerospace Enterprise (DAE) has released that its Board of Directors and Shareholders have authorised an additional US$300 million for bond repurchases to be conducted through open market transactions. To date, DAE has repurchased approximately US$815 million of principal amount of its publicly traded bonds under the previous authorisations of US$900 million. DAE now has
DAE increases bond repurchase programme by US$300 million Read More »
Boeing Co. has signed a Total Component Support (TCS) deal with Lufthansa Technic for sustainment services to the Royal New Zealand Air Force’s (RNZAF) growing fleet of Boeing P-8A aircraft. Lufthansa Technic’ TCS services will enable the RNZAF to reduce its investment in aircraft parts as the programme for the 737 covers over 400 commercial
The International Air Transport Association (IATA) warned that the amount of airline funds for repatriation being blocked by governments has risen by more than 25% (US$394 million) in the last six months. Total funds blocked now tally at close to US$2.0 billion. IATA calls on governments to remove all barriers to airlines repatriating their revenues
Amount of blocked airline funds rising by more than 25% Read More »
Vietnam Airlines Engineering Company (VAECO), a subsidiary of Vietnam Airlines, has signed agreements with Swiss Aviation Software (Swiss-AS) and NGS Equipment and Communication Joint Stock (NGS), the Swiss-AS local partner in Vietnam, who will support Swiss-AS in the process of implementing the AMOS MRO software solution. Five years ago, Swiss-AS released the AMOS MRO edition,
VAECO / Vietnam Airlines sign up for AMOS Read More »
In its Stock Exchange Release on May 20, 2020, Finnair announced that the Finnish Government had approved that the State of Finland guaranteed Finnair’s pension premium loan up to €540 million. With the state guarantee and the following pension premium loan, Finnair aimed to further secure its cash position and business continuity after the exceptional
Finnair extends its €600 million pension premium loan Read More »
Rolls-Royce and Pratt & Whitney have signed a joint agreement with Virginia Tech for pre-competitive research focused on the impact of environmental contaminants on aeroengine operation and testing. The four-year project will leverage Virginia Tech’s research and cross-discipline expertise on engine operation, instrumentation, and geosciences as well as the current research relationships that both Pratt
Rolls-Royce, Pratt & Whitney, Virginia Tech sign new research partnership agreement Read More »
AMTRA Aero, and Nehalem Aviation Holdings, have formed a joint venture, Nexus Aviation Ventures, to source, convert and lease Airbus A321 freighter aircraft. “We are excited to be working together with the Nehalem team. We believe the A321 platform is the future of narrow-body freighters”, said Pablo Aguirre, Chief Commercial Officer of AMTRA. The joint
Starting December 16, SAS will offer more-frequent departures between Copenhagen Airport and Shanghai Pudong International Airport. After operating the second-weekly flight for the first time on December 16th, SAS will fly from January 6, from Copenhagen to Shanghai every Tuesday and Friday and from Shanghai to Copenhagen every Thursday and Sunday, throughout the winter season. The flights are conveniently
SAS adds second departure to Shanghai making it two weekly departures from Copenhagen Read More »
