Jan Smets to take over as Co-Chairman of the Board of Directors of SN Airholding

In its latest meeting, the Board of Directors of SN Airholding has decided to appoint Jan Smets as its Co-Chairman. He takes over with immediate effect from Etienne Davignon who remains member of the Board of Directors. Thorsten Dirks, Member of the Lufthansa Group Executive Board & Chief Officer IT, Digital & Innovation, will chair […]

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IBA forcasts fall in aircraft rental and maintenance receipts as 60% of ABS fleet grounded

MRO & Production

With almost two thirds of all aircraft financed by asset backed securities (ABS) now grounded due to the COVID-19 crisis, receipts of both aircraft rental and maintenance payments are likely to fall, according to aviation consultants IBA. Data from IBA.iQ indicates that 62% of all aircraft in ABS finance structures created since 2015 are either parked

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Lufthansa begins temporary decommission of A340-600 fleet

Aircraft & Engines

In the coming weeks, Lufthansa will temporarily decommission the entire Airbus A340-600 fleet. Three aircraft of this type have already been flown to Teruel, in northeastern Spain, where the long-haul aircraft will be parked at the airport. Lufthansa plans to transfer the entire A340-600 fleet, equaling 17 aircraft, to Teruel where they will be decommissioned

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Kellstrom Aerospace completes acquisition of A320-214 for teardown

Uncategorized

Kellstrom Aerospace has acquired an A320-214 (MSN 2180) with serviceable CFM56-5B4/P engines. The A320 airframe was acquired for disassembly in the U.K. The engines will be remarketed through Kellstrom Aerospace Asset Management. This project will enhance Kellstrom Aerospace’s unique and innovative lifecycle solutions portfolio by supporting both Kellstrom Aerospace Asset Management division with additional short-to-mid-term

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First Nigerian Air Force A-29 Super Tucano aircraft completes inaugural flight

Military & Defense

Embraer Defense & Security and Sierra Nevada Corporation (SNC) have announced that the first of 12 A-29 Super Tucano light attack, combat and reconnaissance aircraft for the Nigerian Air Force (NAF) successfully completed its inaugural flight at the production facility in Jacksonville, Florida. The full fleet of A-29 Super Tucano aircraft for the NAF are

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Baltic Exchange partners with TAC Index and moves into Air Cargo market

Other News

EU-authorized benchmark administrator the Baltic Exchange has partnered with air cargo pricing publisher TAC Index Company of Hong Kong. The Baltic Exchange and TAC will provide new regional general air cargo rate assessments. TAC’s Regional General Air Cargo Indices will be rebranded as the Baltic Air Freight Index (BAF Index) powered by TAC Index and

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Airbus delays increasing output of A220 until next year

MRO & Production, Top Stories

With the COVID-19 pandemic dramatically affecting demand for new aircraft, Airbus has decided to delay ramping up the increase in production of is Canada-based A220 narrow-body jet until next year but has not opted to reduce production either. By the middle of 2021, the European planemaker anticipates it will increase current output of four jets

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WestJet Executive Charles Duncan to become President of Swoop

People

Charles Duncan, WestJet Executive Vice-President in charge of cargo, will now add Swoop President to his title. Duncan takes on the additional role starting April 17, 2020 as Steven Greenway steps down after two years. Duncan will continue to report to Ed Sims, WestJet President and CEO and in addition to the WestJet cargo team,

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Boeing delivers 500th AH-64E Apache Helicopter

Military & Defense

Production, flight test and deliveries of the AH-64E Apache helicopter continue at the Boeing site in Mesa, Arizona, with 500 AH-64E Apaches now in service with the United States Army and defense forces around the world. First delivered in 2011, the AH-64E has been used in combat operations and peacekeeping efforts. Planned modernization of this

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HAECO Composite Services adds GE90 fan case repair capability

MRO & Production

HAECO Composite Structures (Jinjiang) has added capability for preventive maintenance inspections and associated repairs on fan stator modules for GE90 engines on Boeing 777 aircraft. Established in 2009 and located in Jinjiang, Fujian province, Mainland China, HAECO Composite Services is a dedicated composite maintenance, repair and overhaul (MRO) facility for aircraft nacelles, radomes, and aerostructures.

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