AerData, the provider of software and services for the aviation industry announced that Amedeo, a widebody aircraft lessor based in Dublin, has selected AerData CMS and STREAM software. Corporate Management System (CMS) is an industry-leading platform that supports all business processes in aircraft lease and asset management. Secure Technical Records for Electronic Asset Management (STREAM)
Back in February this year, Rolls-Royce, the FTSE-100 engine maker, lost over £3bn of its value after shocking the market with its first profits warning in a decade. To announce a second one this October has created considerable concern and Rolls-Royce has decided that over the next 18 months they need to reduce costs by
At a time when it has been estimated that over 500 British ‘soldiers’ have travelled to Syria and Iraq, many to join Isis, and with the proliferation of self-radicalization via the internet, the US’s visa waiver program now appears to be too vulnerable. 38 countries are involved in the visa waiver program which includes most
The wide range of manufacturing processes being developed by GE in collaboration with the UK’s National Composites Centre were displayed during a ceremony marking the facility’s recent expansion to double its size. Included in GE’s displays at the Centre’s latest opening event on October 30th were techniques to produce advanced propeller blades for a new
Scaled Composites, the company that designed and built Virgin Galactic’s SpaceShip Two, has seen its second fatal accident in this project, this time claiming the life of a 39-year-old co-pilot. Previously, three other employees died in a ground test during development of the ship’s propulsion system in 2007. Despite the myriad advancements made in modern
Air Canada Pilots Association and its members have ratified a landmark agreement on collective agreement terms for ten years. “This ten-year agreement with the Air Canada Pilots Association is a ground-breaking development which allows us to accelerate the implementation of our business strategy on a win-win basis with our pilots,” said Calin Rovinescu, President and
Defence and security company Saab, along with the Swedish Air Navigation Service Provider (LFV), have received final operational approval from the Swedish Transport Agency for the remote operation of Ornskoldsvik Airport from Sundsvall, Sweden. This achievement means the world’s first airport remotely controlled by Remote Tower Services (RTS) will commence shortly, paving the way for
SkyWorks Holdings announced the launch of the SAAV Aircraft Asset Value Management System. Southwest Airlines Co. is the global launch customer of the SAAV System. SAAV is a first-in-kind system designed to address the analytical and data management complexities of the airline fleet asset management function. It provides integrated fleet monitoring, simulation, modeling, and data
SAS AB has sold its facility at the technical base at Oslo airport for MNOK 650 to Oslo Pensjonsforsikring, after having utilized an option to buy the facilities from APAB that has been the previous owner. The transaction does not generate a capital gain or liquidity for SAS, but it will reduce the yearly operating
Clearly Aeroflot have no intention of allowing political pressure from the EU to affect the company’s plans to add a new low-cost string to its bow, which it has today officially, and perhaps appropriately, named Probeda, which in Russian means ‘victory’. It was only back in August Aeroflot pulled the plug on their newly created
