Heike Tamm

IAI to establish Boeing 777 conversion facility in South Korea

Israel Aerospace Industries’ (IAI) Aviation Group has signed a Memorandum of Agreement (MoA), with the Incheon International Airport and Sharp Technics, to establish a Passenger-to- Cargo (P2F) conversion site in South Korea. The facility will specialize in converting Boeing 777-ERSF (Big Twin) from passenger to freighter. Within the framework of the agreement, IAI will convert […]

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Bombardier’s predicted Q1 2021 results outpace Wall Street predictions

Canada’s Bombardier, which has recently streamlined its operations to concentrate solely on the production of luxury business jets, has released preliminary results ahead of the official release of the first quarter’s finances on May 6. While, according to IBES data from Refinitiv, analysts had projected first-quarter adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA)

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Lufthansa Group pushes ahead with fleet modernization, orders ten long-haul aircraft

Lufthansa Group is accelerating the modernization of its fleet. New, highly cost- and fuel-efficient aircraft are replacing older types on short-, medium-, and long-haul routes. As a result, the Executive Board of Deutsche Lufthansa AG has decided to buy ten long-haul aircraft: five Airbus A350-900s and five Boeing B787-9s. The Supervisory Board approved the purchase

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StandardAero awarded multi-year PT6A engine services contract from Air Seychelles

Air Seychelles, the national airline of the Republic of Seychelles, has awarded StandardAero a multi-year contract to support the Pratt & Whitney PT6A-34 turboprop engines powering its fleet of DHC-6 Twin Otter aircraft.  StandardAero will support Air Seychelles with a range of maintenance, repair and overhaul (MRO) services from its OEM-authorized PT6A Designated Overhaul Facility

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Aergo Capital acquires two widebody aircraft by way of sale and leaseback with Singapore Airlines

Aergo Capital (Aergo) has completed the sale and leaseback of two wide-body aircraft with Singapore Airlines. The transaction includes the sale and leaseback of new technology fuel-efficient aircraft, comprising one Airbus A350-900 aircraft and one Boeing 787-10 aircraft, bearing manufacturers serial numbers 278 and 60282 respectively. Both aircraft are subject to long-term leases with Singapore

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Leonardo opens U.S. Helicopter Training Academy on schedule

Having announced at the 2019 Heli-Expo in Atlanta that it intended to create a U.S.-based Helicopter Training Academy, Leonardo S.p.A. has officially opened its brand-new, state-of-the-art Helicopter Training Academy in Philadelphia on schedule, despite the problems faced dealing with the COVID-19 pandemic. The Academy is located on its existing campus in northeast Philadelphia that also

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National Aviation Services (NAS) Jordan to operate and manage Aqaba Air Cargo Terminal for another 20 years

National Aviation Services (NAS), the leading airport services provider in the emerging markets has renewed its contract with the Aqaba Development Corporation (ADC) and Aqaba Airports Company (AAC) to operate and manage Aqaba Air Cargo Terminal (AACT) for another 20 years. Aqaba with its strategic location and status as Jordan’s special economic zone is a

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ABL Aviation makes second innovative e-delivery of A320neo for Pegasus Airlines

ABL Aviation, the global independent aircraft investment management firm, has successfully completed another e-delivery of a new Airbus A320neo aircraft for Pegasus Airlines, on behalf of ABL Aviation’s Japanese partner. The transaction follows the industry’s first ever 100% remote delivery of an aircraft, also arranged by ABL Aviation for Pegasus Airlines last April in the

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