The aerospace industry in Hamburg is preparing for flying with hydrogen. Therefore, the starting signal has now sounded for the set-up of a new development platform. Over the next two years and with funds provided by the city of Hamburg, Lufthansa Technik, together with the German Aerospace Center (DLR), the Center for Applied Aeronautical Research […]
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GA Telesis, LLC (GAT) has announced the signing of a repair management agreement with Air Astana, the flag carrier of Kazakhstan. The agreement covers repair services for spare parts, components, and tooling in support of the Air Astana fleet, which encompasses Boeing 767, Airbus A320/A321, and Embraer E-190 aircraft types. The agreement is a supplemental
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Blueberry Aviation, the specialist aircraft trading and management company, has further expanded its team with the appointment of Toshiyuki Takada as Senior Consultant Japan, based in Tokyo. Toshiyuki has over 30 years’ experience in commercial aircraft finance, leasing, and trading. He worked for NatWest for eight years and spent the following 25 years working for
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Deutsche Lufthansa AG has again successfully issued a bond with a total volume of €1 billion. The bond, with a denomination of €100,000, was placed in two tranches with a term of three and eight years respectively, and a volume of €500 million each: the tranche with a term until 2024 bears interest at 2.0%
Lufthansa Group secures further liquidity on capital market Read More »
MTU Maintenance, a global market leader in customized solutions for aero engines, has delivered the facility’s 9,000th engine, a CFM56-7B from the Saudi Aramco fleet. Saudi Aramco is the largest listed, state-owned petroleum and natural gas company based in Saudi Arabia. The company has been sending CFM56 engines to MTU Maintenance since 2004 and relies on
MTU Maintenance Hannover delivers facility’s 9,000th engine to Saudi Aramco Read More »
Dubai Aerospace Enterprise’s leasing division DAE Capital has signed agreements to sell nine narrow- and wide-body aircraft with a total market value of approximately US$500 million. The aircraft sales are all expected to close in 2021. Firoz Tarapore, Chief Executive Officer of DAE commented “The post-pandemic market for trading aircraft assets is robust. These transactions
DAE Capital signs agreements to sell nine narrow- and wide-body aircraft Read More »
Hardide Coatings, the developer and provider of advanced surface coating technology, has received full approval from Airbus to coat and process its components at the new and larger Longlands Road facility in Bicester, U.K. This approval follows the relocation of the company and its equipment from Wedgwood Road, Bicester to newly built premises at Longlands
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Deutsche Aircraft and H2FLY have announced the signing of a memorandum of understanding (MoU) to combine resources and collaborate in researching and developing hydrogen fuel cell technology for regional commercial aircraft. At the heart of the project is a Dornier 328 twin turboprop aircraft that will be converted to become a demonstrator aircraft with its
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Turboprop manufacturer ATR has delivered one ATR 72-600 aircraft to Greek airline SKY express. This deal represents a new country of operations for the ATR 72-600 which is currently flying in over 50 countries around the world. With a fleet of 10 ATR-500-series aircraft, the airline has opted to continue its long relationship with ATR
Greek airline SKY express to begin fleet modernization with ATR 72-600 Read More »
WestJet has announced the appointment of a new Executive Vice-President and Chief Operating Officer (COO), Diederik Pen, who will join the airline’s executive leadership team in the early fall, following the completion of the immigration process. At that time, acting interim COO, Robert Antoniuk will take on a new role as Chief Safety, Health and
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