IAG Cargo, the cargo division of International Airlines Group (IAG), and its sister company British Airways, has operated a relief flight to India transporting 27 tons of medical aid as the humanitarian crisis in the country worsens. The Boeing B777-200 was loaded with emergency aid to Delhi to support the Indian government as the country continues […]
IAG Cargo airlifts 27 tons of urgent medical aid for India Read More »
Aviation software provider Rusada has released a new mobile application for its Airworthiness, MRO, and Flight Operations solution ENVISION. ENVISION Tasks enables Technicians and Engineers to efficiently conduct maintenance using a tablet device. The app streamlines the execution process by delivering all the functionality users need in one place. Assigned tasks can be viewed, actioned,
Rusada launches new maintenance app for ENVISION Read More »
First Aviation Services has appointed Paul Bolton as Chief Operating Officer effective immediately. Bolton joined First Aviation in 2013 and has since demonstrated leadership and a commitment to the strategic vision of the company. He is a highly respected member of the senior management team and previously served as the Technical Director for the company’s Piedmont
Paul Bolton named Chief Operating Officer of First Aviation Services Read More »
Atlas Air Worldwide Holdings has reported first-quarter 2021 net income of US$89.9 million, compared to US$23.4 million in the first quarter of 2020. On an adjusted basis, EBITDA rose to US$181.3 million in the first quarter of 2021 compared with US$121.2 million in the prior-year period. Adjusted net income grew to US$72.2 million in the
Atlas Air Worldwide reports strong first-quarter 2021 results Read More »
Brazil’s Embraer has announced that it has signed a long-term Pool Program Agreement with the U.S. carrier Breeze Airways (Breeze) to support a wide range of repairable components for the airline’s E190s and E195s fleet. Full repair coverage for components and parts are included in the agreement, plus access to a substantial stock of components
Embraer and Breeze Airways sign Pool Program Agreement Read More »
Spirit Airlines has entered into a series of liability management transactions given the favorable market dynamics. The company received US$371.3 million from an issuance of 10,594,073 shares of its common stock to holders of its 4.75% Convertible Senior Notes due 2025 (the 2025 Convertible Notes). Spirit used US$368.7 million of the net proceeds from the
Spirit Airlines closes 1.00% Convertible Senior Notes due 2026 Read More »
The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. March demand reached the highest level recorded since the series began in 1990. Month-on-month demand also increased, albeit at a slower pace than the
Air Cargo demand reaches all-time-high in March Read More »
STS Aviation Services (STS) has signed a long-term base maintenance agreement with Aircraft Engine Lease Finance (AELF). “We are extremely delighted that AELF has awarded STS a long-term base maintenance contract to support its Airbus A330 aircraft, which will be operated by Maleth Aero,” stated Ian Bartholomew, Vice President of Commercial for STS Aviation Services. “As a
SIA Engineering Group reported revenue of SG$443.0 million for the financial year ended March 31, 2021 which was SG$551.1 million (-55.4%) lower than in the previous financial year as low flight activities and widespread grounding of aircraft resulted in a sharp and severe reduction in business volume. Group expenditure was also lower year-on-year, falling from
SIA Engineering Group’s full year revenue down 55% Read More »
F/LIST GERMANY’s upholstery facility in Erfurt has recently been granted EASA PART-145 approval from the European Aviation Safety Agency (EASA) to act as a repair station. This positions F/LIST GERMANY’s newest branch as a qualified maintenance service for upholstery work on business aircraft. The aftermarket division of business aviation picked up significantly in the pandemic
F/LIST GERMANY receives EASA Part-145 approval for Erfurt site Read More »
