TAP Air Portugal has posted a net loss of €1.6 billion for 2021, better than forecasted (€1.75 billion), including the recognition of non-recurring costs of €1 billion. The first half of 2021 was marked by severe restrictions on domestic and international mobility due to the COVID-19 pandemic, leading to an almost total grounding of the […]
TAP posts net loss of €1.6 billion in 2021 Read More »
Global aircraft operating lessor BOC Aviation has signed a firm order for 80 A320neo-family aircraft comprising ten A321XLRs, 50 A321neos and 20 A320neos. The latest agreement takes BOC Aviation’s total direct orders with Airbus to 453 aircraft from the single-aisle A320 family to the A330 and A350 wide-bodies. The A320neo family incorporates new-generation engines and
BOC Aviation signs purchase agreement with Airbus for 80 A320neo-family aircraft Read More »
GE Digital has released that Alliance Airlines has chosen Fuel Insight™ to focus efforts on saving fuel burn with fast access to flight data. The airline is building on its existing installation of GE Digital’s Safety Insight™ solution and therefore will be able to unlock the value of the data it gathers from a single
Muirhead Avionics, a brand of AMETEK MRO and one of the largest independent avionics repair facilities in Europe, will provide repair and on-going support for Honeywell’s cockpit displays, control displays and display computers for ERJ 140/145/135/Legacy aircraft. The ten-year agreement is globally exclusive and will commence immediately. Customers will ship all units to Muirhead Avionics’
PTS Aviation, a StandardAero company, has completed the purchase of two CFM56-7B24/26 engines in full LRU/BFE/QEC configuration from a major North American lessor. These engines contain high-demand internal and external components, including attractive life-limited parts (LLPs) and will be used either as rebuild candidates, module donors or full disassembly candidates to support PTS Aviation’s customer
PTS Aviation acquires two CFM56-7B24/26 turbofans Read More »
Ryanair has announced it is partnering with Astonfly, part of the Clair Group, to recruit and train up to 500 new pilots over the next four years. Based at Aéroport de Toussus Le Noble on the outskirts of Paris, France, Astonfly is the leading pilot training school in France and currently sees over 150 pilots
Ryanair turns to Astonfly in Paris, France for 500 new pilots Read More »
ACC Aviation, the global aviation services group, is expanding its technical services and asset management division with the appointment of Faizal Gara as Business Development Manager, effective immediately. Reporting to Julian Aldana, Vice President of Technical Services, he will be responsible for advancing the business’ technical and asset management services to the aircraft financing and
ACC Aviation expands its technical services division Read More »
J&C Aero, an international aviation design and production company, and Global Crossing Airlines have signed an agreement for the development of a new livery design for the carrier’s aircraft operated under the GlobalX brand. Under the agreement, J&C Aero engineers and livery designers developed a brand-new design for the Airbus A320-family of aircraft that
J&C Aero develops new livery for U.S.-based Global Crossing Airlines Read More »
The first two NH90 helicopters, dedicated to naval missions, of the Qatar Emiri Air Force have been delivered from Leonardo’s Venice Tessera final assembly line (Italy). The Qatar Emiri Air Force is one of the NH90 end users to operate both the TTH and NFH versions of the NH90 for a number of land operations
Qatar takes delivery of first two NH90 NFH naval helicopters from Leonardo Read More »
Deutsche Lufthansa AG has signed its first Revolving Credit Facility with a broad syndicate of international relationship banks. The total facility amount is €2.0 billion and will be available for a period of three years plus two one-year extension options. Other than customary group guarantees, the facility is unsecured, has no financial covenants and serves
