It seems that the dark cloud of an uncertain European economy hangs heavily over the Spanish skyline as news broke that the anticipated Aena IPO has been postponed, seemingly indefinitely. Aside from an uncertain economy, a lack of interest from the market for new listings set the seal on the likely failure of this IPA.
AFI KLM E&M’s American subsidiary has developed an innovative and affordable software application. Released in May 2014, Barfield’s new technology transforms any Android tablet into a wireless remote control for the DPS1000 – the Ground Support Test Equipment (GSTE) used for testing aircraft Pitot-Static/Air Data systems. Where in the past line testing often required two
Clearly Airbus listens to its advisers. Last year Activist hedge fund TCI described the Airbus stake in Dassault “a poor use of capital” and suggested Airbus should sell it. Soon afterwards Airbus set about creating a strategy where they could relinquish a percentage of their holdings in the company in as profitable manner as possible.
With 2013 seeing a massive jump of 48%in the profits of Etihad Airways, it would seem that they are hungry for success. In addition to investing heavily in acquiring a 49% stake in Alitalia forUS$2.35bn this year to gain a foothold in key European markets, Etihad has invested over US$1bn on 7 other carriers dotted
The first Airbus A400M new generation airlifter for the German Air Force has begun final tests towards its delivery. The four engines on the aircraft, known as MSN18, were successfully run simultaneously for the first time on September 28th, at the Airbus Defence and Space Final Assembly Line in Seville, Spain. The A400M will replace
Marshall Aerospace and Defence Group Canada has been subcontracted by Cascade Aerospace in relation to the Royal Canadian Air Force’s (RCAF’s) CC130 Avionics Optimised Weapons System Management (AVS OWSM) program. The AVS OWSM program is one of three contracts planned by Canada’s Department of National Defence (DND) to support the RCAF’s CC130 Hercules legacy transport
BOC Aviation announced the delivery of the first of six A320 aircraft to its newest customer, Beijing Capital Airlines (“Beijing Capital Airlines”). The remaining five aircraft will be delivered from third quarter of 2014 to second quarter of 2015.
Lufthansa Group’s supervisory board has announced that SWISS, a member-airline of the Group, will expand its A320 fleet with a firm order for 15 A320neo aircraft, plus an additional ten of the type to be confirmed at a later stage. The fuel-efficient NEO-fleet will gradually renew and replace SWISS’ existing fleet of A320 Family aircraft.
Norwegian reported that traffic in August increased by 44% and capacity increassed 37%, when compared to August 2013. The load factor was up by 4.4 points to 83.6%.
The Embraer Executive Jets Service Center, in São José dos Campos, São Paulo, was named an authorized Rolls-Royce line maintenance center for the AE3007 engines in Brazil. The agreement allows Embraer to perform Rolls-Royce’s warranty or CorporateCare program services, which covers the cost of replacement parts, labor, as well as scheduled and unscheduled maintenance. The
