The International Air Transport Association (IATA) has released that its Chief Economist, Brian Pearce, will retire from the organization in July 2021. A recruitment process has been launched to find a successor in time for a smooth transition. Pearce joined IATA in 2004. Since then he has built IATA’s evidence-based economic analysis capabilities into the […]
Brian Pearce, IATA’s Chief Economist, to retire Read More »
Astro Aerospace has entered into a binding agreement to acquire Horizon Aircraft – the Canadian company which is currently developing its Cavorite X5 eVTOL. The transaction is expected to close on or before the start of Q2 2021 pending customary closing conditions. In a press release, Astro has said the acquisition ‘will only push the
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With constantly changing entry and departure testing and paperwork requirements, Air New Zealand wants to streamline the health verification process for its customers. The airline will trial the digital Travel Pass app developed by the International Air Transport Association (IATA) on its Auckland-Sydney route starting in April. Air New Zealand Chief Digital Officer Jennifer Sepull says the
Air New Zealand trials global digital travel pass Read More »
Spatial, one of the leading manufacturers of aviation training equipment, has announced its relocation to a bigger facility in RAKEZ (Ras Al Khaimah Economic Zone), a powerhouse business and industrial hub established by the Government of Ras Al Khaimah in the United Arab Emirates. The newly acquired 12,775 m² of land is 73% larger than
Spatial doubles production capacity with latest expansion in RAKEZ Read More »
Swiss International Air Lines (SWISS) has appointed Lorenzo Stoll as the new head of its Swiss WorldCargo airfreight division. He will assume his new position, reporting to CFO Markus Binkert, on April 1. He succeeds Ashwin Bhat, who will take up new duties as Chief Commercial Officer of Lufthansa Cargo on March 1. Stoll joined
Lorenzo Stoll named new Head of Swiss WorldCargo Read More »
Stevens Aerospace and Defense Systems (Stevens) has announced that its Greenville, S.C. (GYH) location has acquired a Hass VF-2SS High-Performance Super-Speed Vertical CNC machine, giving it the capability of manufacturing parts in-house. This capability will serve all four Stevens’ locations and will decrease customer costs and down-times when immediate or the need for lower-cost parts
Stevens Aerospace acquires high-performance CNC machine to manufacture parts in-house Read More »
Brazil, home to the world’s third-largest commercial plane manufacturer, has decided not to pursue its complaint against Canada over what it saw as unfair subsidies paid to rival manufacturer Bombardier. At the time of the initial complaint, Bombardier was producing the CSeries of jets, a direct competitor for Embraer’s own ERJ series. That situation changed
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Lufthansa has decided to use the interruption caused by the pandemic to modernize the existing training concept at its in-house flight schools. The principle of ab-initio training will remain in place, as it has been proven to be successful for decades. However, in the future, a so-called “campus model” framework will provide modern, digital forms
Lufthansa Group streamlines pilot training program Read More »
Rolls-Royce has signed a TotalCare® agreement with new customer Uganda Airlines for its two new Airbus A330neo aircraft powered by Rolls-Royce Trent 7000 engines. Uganda Airlines received the first A330neo in December 2020 and the second in January 2021. TotalCare® offers more than just an engine maintenance plan; it is a service concept based upon
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Atlas Air Worldwide Holdings has reported strong increases in volumes, revenue and earnings for the fourth quarter and full year of 2020. These results were driven by ongoing demand for its assets and services and its operational execution. On a reported basis, net income totaled US$184.0 million for the three months ended December 31, 2020.
Atlas Air Worldwide Holdings reports strong increase in earnings for 2020 Read More »
