Other News

AerFin is once again placed on The Financial Times FT1000 fastest growing companies list as Europe’s fastest-growing Aerospace & Defence company, continuing a period of impressive growth for the business. The news follows the recently announced majority shareholder acquisition of AerFin by Danish private equity firm, CataCap and further underlines AerFin’s unique positioning in the

The International Air Transport Association (IATA) is contacting aviation regulators worldwide to request that the rules governing use of airport slots be suspended immediately and for the 2020 season, due to the impact of COVID-19 (the Coronavirus). Around 43% of all passengers depart from over 200 slot coordinated airports worldwide. At present, the rules for

Magnetic MRO and OSM Aviation (OSM) have signed an MoU to engage in a strategic partnership by generating an apprenticeship program aimed at OSM recruits and employees. The first group of qualified technical apprentices from Norway and Sweden has been selected and will start their 24-months practical studies program at the Magnetic MRO in Tallinn,

The International Air Transport Association (IATA) has released its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19), revealing a potential 13% full-year loss of passenger demand for carriers in the Asia-Pacific region. As it had originally been forecast at 4.8%, the net impact will be an 8.2% full-year contraction compared to

MTU Maintenance has announced at the MRO Middle East today that it has opened an office in close vicinity of Dubai International Airport (DXB). While MTU has always been present in the region now the company will be even closer to its customers. It is part of its global growth strategy and enables immediate proximity

Panasonic Avionics (Panasonic) has signed an agreement with Nelco (Nelco) to provide satellite connectivity services to customers flying into India and over Indian airspace. With this agreement, Panasonic becomes the first satellite communications provider to begin inflight connectivity (IFC) operations under Nelco’s Department of Telecommunications license for In-Flight and Maritime Connectivity (IFMC), in accordance with