Heike Tamm

Nordic Aviation Capital delivers one ATR 72-600 to Windrose Aviation

Nordic Aviation Capital (NAC) has confirmed the delivery of one ATR 72-600 aircraft, MSN 1450, on lease to Windrose Aviation Company. Windrose Aviation is one of the leading charter flight operators in Ukraine with a market share of 21%, according to the State Aviation Service of Ukraine. In 2019, Windrose transported 1.4 million passengers, making […]

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Chorus Aviation reports second-quarter 2020 results and market update

Chorus Aviation has announced second-quarter 2020 financial results and an update on the impact of COVID-19. In the second quarter of 2020, Chorus reported adjusted EBITDA of CA$91.0 million, an increase of CA$5.3 million over the second quarter of 2019.The Regional Aircraft Leasing segment’s adjusted EBITDA increased by CA$8.2 million primarily related to the growth

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Further woes for Rolls-Royce as cracks found in Trent XWB engines

While the British engine manufacturer struggles to deal with the financial consequences of the COVID-19 pandemic, the company’s Trent XWB engine has been hit with technical problems. Having incurred costs approaching £2.4 billion (US$3.1 billion) as a consequence of problematic turbine blades fitted to its Trent 1000 engine which powers the Boeing 787, this is

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GECAS Cargo tops up orderbook with more 737-800BCF narrow-body freighters

GECAS (GE Capital Aviation Services) has signed an agreement with Boeing, converting 11 737-800 Boeing Converted Freighter (BCF) options to firm orders and adding nine additional options to the GECAS Cargo order book. This agreement marks a repeat order by the commercial aircraft leasing and financing arm of General Electric for the 737-800BCF, bringing their

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Honeywell to provide flight deck technologies for Vertical Aerospace demonstrator vehicle

Honeywell and Vertical Aerospace have signed a letter of intent naming Honeywell as the supplier for flight deck technologies for its demonstrator aircraft program. The demonstrator program will help Vertical Aerospace understand flight characteristics, system requirements and the flight deck user interface to further the development of its urban air mobility (UAM) vehicle. The agreement

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Emirates ramps up passenger services to Pakistan

Emirates has announced it will increase its passenger services to/from Pakistan starting August 10, offering enhanced connectivity to over 70 destinations within its current network, via Dubai. The airline is set to ramp up its flight frequency to/from Karachi, Islamabad, Lahore, and Sialkot; and resume passenger services to Peshawar.  Emirates will now offer 53 weekly

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APOC Aviation closes fifth deal in 2020 and acquires another A320 for teardown

APOC Aviation has purchased another A320 family airframe for teardown. Built in 2000, the aircraft was last operated in Europe and it is the fifth narrow-body acquisition that APOC has successfully closed this year. Funding for the purchase was swiftly secured through private placement.  It is anticipated that the first serviceable parts, including landing gear

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Aviation Training Centre of Volga-Dnepr Technics Moscow receives EASA approval for Boeing 777-200/300 aircraft type training

Volga-Dnepr Technics Moscow Aviation Training Centre (VDTM ATC) has obtained European Aviation Safety Agency (EASA) approval to provide Boeing 777-200/300 (GE 90) aircraft type training to B1 and B2 categories of engineering and technical personnel. Since August 2020, VDTM ATC instructors have been able to provide theoretical and practical parts of training to all specialists

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Leadership changes at ST Engineering

Singapore Technologies Engineering (ST Engineering) has announced leadership changes that will take effect on October 1, 2020. Lim Serh Ghee, currently President of the Group’s Aerospace sector, will assume a new role as Chief Operating Officer for the Group. His responsibilities include driving operational and cost efficiencies across the Group, and promoting further integration of

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