Virgin Galactic signs Space Act agreement with NASA for private orbital spaceflight to International Space Station (ISS)

Virgin Galactic, a vertically integrated aerospace company, has signed a Space Act Agreement with NASA’s Johnson Space Center to encourage commercial participation in orbital human spaceflight to the International Space Station (ISS) while enabling the development of a robust economy in Low Earth Orbit. Under the agreement, Virgin Galactic will develop a new private orbital […]

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U.K. and Spanish employee furloughs extended by Airbus as COVID-19 lingers

MRO & Production, Top Stories

Airbus has announced that it will be extending staff furloughs in various company sectors in both the U.K. and Spain. In the UK, some 2,200 Airbus workers will have their period of furlough extended up until August 9, while in Spain, most of the Company’s SL employees will be furloughed until September 30, which extends

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Frankfurt Airport offers 175 destinations worldwide from end of June

Airports

The cancellation of travel warnings for most of Europe is also clearly visible at Frankfurt Airport (FRA). During the second half of June, the number of flights from Frankfurt to the classic holiday regions in the Mediterranean has been increasing sharply. The number of weekly connections to Mallorca has increased from 6 to 26. For

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IAI secures contract with DHL International to convert additional passenger aircraft

MRO & Production

Israel Aerospace Industries (IAI) will convert an additional three B767-300 passenger aircraft to cargo aircraft, with the potential for a fourth aircraft. This contract marks another major milestone for IAI’s aircraft cargo conversions program and the broadening of business for IAI’s Aviation Group. Over the last decade, converted B767 have been the backbone of the

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EASA certifies five-bladed Airbus H145 helicopter

Aircraft & Engines

Airbus Helicopters’ five-bladed H145 has been certified by the European Union Aviation Safety Agency (EASA), clearing the way for customer deliveries towards the end of summer 2020. The certification covers the full range of capabilities, including single-pilot and instrument flight rules (IFR) and single-engine operations (Cat.A/VTOL), along with night vision goggles capability. This latest upgrade

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American Airlines plans to raise US$1.5 billion by selling shares and convertible senior notes due 2025

Financial

American Airlines, has announced a proposed private offering of US$1.5 billion aggregate principal amount of secured senior notes due 2025 (the Notes). The Notes will be guaranteed on a senior unsecured basis by American Airlines Group (the Guarantor). The company also announced it intends to enter into a new US$500 million Term Loan B facility

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Chapman Freeborn acquires Arcus Air Logistics

Financial

Chapman Freeborn, a global aircraft charter specialist and company of the Avia Solutions Group (ASG), has signed an agreement to acquire Arcus Air Logistics and Arcus Air OBC from the Arcus Air Group. Offering ad-hoc air cargo charter and on-board courier services primarily to the automotive industry, Arcus Air Logistics is a respected and established

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GA Telesis appoints John Wales, Director of APU Product Line

People

GA Telesis (GAT) has appointed John Wales as Director of APU Product Line. He will be responsible for developing and maintaining GA Telesis’ APU portfolio of products. Wales brings over 20 years of leadership experience to the Company’s Component Solutions Group (CSG), which is now part of the Flight Solutions Group family of businesses. Before

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IAG’s Level Europe ceases operations – files for insolvency

Financial

Despite the wealth of its parent company IAG, Europe’s third-largest airline by pax and owner of British Airways, Iberia, Aer Lingus and Vueling Group, Level Europe has filed for insolvency citing the effects of the COVID-19 pandemic as the reason it has been forced to stop trading. The move does not affect Level, another subsidiary

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ALC delivers one new Airbus A320-200neo aircraft to Atlantic Airways

Aircraft & Engines

Air Lease Corporation (ALC) has delivered one new Airbus A320-200neo aircraft on long-term lease to Atlantic Airways, the national carrier of the Faroe Islands. Powered by CFM International LEAP-1A26 engines, this aircraft is the second of two A320-200neos that delivered to the airline from ALC’s order book with Airbus. “We are pleased to announce this

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Heike Tamm

Virgin Galactic signs Space Act agreement with NASA for private orbital spaceflight to International Space Station (ISS)

U.K. and Spanish employee furloughs extended by Airbus as COVID-19 lingers

Frankfurt Airport offers 175 destinations worldwide from end of June

IAI secures contract with DHL International to convert additional passenger aircraft

EASA certifies five-bladed Airbus H145 helicopter

American Airlines plans to raise US$1.5 billion by selling shares and convertible senior notes due 2025

Chapman Freeborn acquires Arcus Air Logistics

GA Telesis appoints John Wales, Director of APU Product Line

IAG’s Level Europe ceases operations – files for insolvency

ALC delivers one new Airbus A320-200neo aircraft to Atlantic Airways

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