Heike Tamm

Honeywell uses Blockchain to digitize aircraft records, parts pedigree data

Honeywell is fully integrating aircraft record generations into its digital blockchain ledger. This provides Honeywell’s customers with an easy way to search and retrieve scattered data through a simple user interface, creating a level of speed and efficiency. Quick and easy access to this data is critical for airlines because most use dozens of repair […]

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Willis Lease Finance reports second quarter pre-tax profit of US$9.7 million

Willis Lease Finance has reported second quarter total revenues of US$75.0 million and pre-tax profit of US$9.7 million. The company reported lower revenue in the second quarter of 2020 than the prior year period due primarily to the impact the COVID-19 pandemic has had on the aviation industry, generally, leading to reduced revenues in the

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SR Technics appoints Caroline Vandedrinck as Senior Vice President Sales

SR Technics has appointed Caroline Vandedrinck as Senior Vice President Sales with effect from September 1, 2020. She will report directly to Jean-Marc Lenz, Chief Executive Officer, and will be leading the new Sales organization. Michael Sattler, Chief Commercial Officer, will be leaving SR Technics at the end of August 2020. Vandedrinck has more than

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Dubai Aerospace Enterprise posts financial results for first-half 2020

Dubai Aerospace Enterprise (DAE) has reported its financial results for the six months ended June 30, 2020. DAE reported total revenue of US$672.6 million compared to US$735.2 million in the first-half of 2019 and net income of US$121.7 million compared to US$197.1 million in the previous year. The reported net income in the first-half was

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DC Aviation Group upgrades Global 5000 with Gogo Elite Smart Cabin System

The DC Aviation Group has completed the successful upgrade of a Global 5000 with the Gogo Elite Smart Cabin System (SCS Elite). The aircraft was also equipped with an Inmarsat SwiftBroadband High Data Rate Service and a new satellite communication system. With the upgrade of a Global 5000 with the Gogo Elite Smart Cabin System

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IATA appoints new Senior Vice President for Customer, Financial and Digital Services

The International Air Transport Association (IATA) announced that Muhammad Albakri, IATA’s Regional Vice President for Africa and the Middle East (AME), will be appointed Senior Vice President for Customer, Financial and Digital Services (CFDS), based in Geneva and effective March 1, 2021. At that time Aleks Popovich, who currently holds the position, will retire. Albakri

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Air New Zealand has signed a landmark deal with Neste for SAF © Air New

Sabre renews strategic, long-term distribution agreement with Air New Zealand

Sabre has renewed its long-term, worldwide distribution agreement with Air New Zealand. Under the renewed agreement, Sabre will continue to distribute global Air New Zealand content to hundreds of thousands of travel agents and thousands of corporations globally through its extensive travel marketplace. The agreement also includes an opt-in content program in New Zealand and

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Fraport revenue slumps by nearly 50% during the first half of 2020

The airport operator Fraport posted a sharp drop in revenue during the first half of 2020, with a clearly negative Group result. The operating performance, which already slowed down in the first quarter of the year, weakened further during the second quarter, in line with expectations. Frankfurt Airport’s passenger traffic plummeted by 94.4% year-on-year in

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