LAN Airlines S.A. and TAM S.A. announced a revised estimate of the synergies expected to be achieved through the merger of the two airlines to create LATAM Airlines Group S.A. LAN and TAM estimate that the combined synergies arising from the proposed combination could increase LATAM Group’s annual operating income over time by between US$600m and
Advaero Technologies has successfully completed initial trials of a revolutionary carbon composite product utilizing a unique fabric technology and Advaero’s new patent-pending HVAR™ resin infusion process. The company developed the composite product as a member of a global consortium that includes Stanford University’s Department of Aeronautics & Astronautics and Chomarat Textile Industries, the aim of which
Lufthansa Technik AG is now the sole owner of the American company AirLiance Materials, one of the world’s largest suppliers of quality-assured used aircraft spare parts. Lufthansa Technik announced that it had taken over the shares previously held by the two minority owners United Airlines and Air Canada. AirLiance Materials’ new President and CEO is
Component Control announced that Aero-Parts Connections, a premier supplier of aircraft safety and emergency equipment to the airline and aircraft repair industries, has expanded its investment with Quantum MRO and Logistics software to support its new sister company, Aviation Inflatables. Aviation Inflatables is a Federal Aviation Administration (FAA) certified repair facility, with operational approval from
In a major competitive win, ARINC Incorporated has been awarded the contract for passenger check-in and departure systems at the new Berlin Brandenburg Airport, currently under construction. Under the contract, ARINC will install its industry-leading passenger solution vMUSETM, which is fully compliant with the IATA CUPPS standard for common-use passenger systems. The company will also
United Continental Holdings announced that the United Master Executive Council (MEC) of the Association of Flight Attendants (AFA) informed UAL that the MEC has approved a tentative agreement between AFA and UAL for a flight attendants’ contract and is recommending the tentative agreement to United flight attendants for their consideration and ratification. The agreement is
Volartec released that Helitrans AS has selected Alkym, Management and Control System for Aircraft Maintenance to replace their existing system. Helitrans will become Volartec’s first customer in Scandinavia and also the first Helicopter operator in Europe. John Barry, VP Business Development with Volartec launched the news by stating “We have looked at areas for expansion
B/E Aerospace has signed a definitive agreement to acquire UFC Aerospace Corp. (UFC), an innovative provider of complex supply chain management and inventory logistics solutions to aerospace original equipment manufacturers. UFC currently distributes over 150,000 SKUs (stock keeping units) including fasteners, chemicals, paints, sealants, tooling, and duct/bent tubing assemblies to over 1,000 customers. UFC leverages
Flybe has taken delivery of its second full flight simulator that enables its Training Academy in Exeter to offer a full range of pilot training, including recurrent and type training, for both the Bombardier Q400 and the Embraer 170/190 family of aircraft. The new Level-D E-Jet device, built by US-based FlightSafety International, is convertible between both
As of December 31st 2011, Resource Group acquired all the share capital in their Joint Venture Company, Lufthansa Resource Technical Training Ltd (LRTT) and took full control of the business. From January 1st 2012 Lufthansa Resource Technical Training Ltd will be known as LRTT Ltd.
