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Argentina invests to modernize national airlines

The Government of Argentina has begun an extensive effort to modernize the national airline Aerolineas Argentinas and domestic carrier Austral. President Cristina Kirchner unveiled a new Boeing 737/700 last week, the first new airplane bought for Aerolineas Argentinas in 16 years. The airline and its sister airline Austral were nationalized in December 2008 to maintain

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Industry study shows biofuels perform effectively as jet fuel

Boeing and a team from across the aviation industry released high-level elements of a study that shows that sustainable biofuels analyzed in a series of pioneering test flights performed favorably in comparison to petroleum-based fuel. According to the study, Evaluation of Bio-Derived Synthetic Paraffinic Kerosene (Bio-SPK), a series of laboratory, ground and flight tests conducted

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Abu Dhabi Airports Company in Joint Venture with Helios SinoGulf

Abu Dhabi Airports Company announced that it has signed a joint venture agreement with Helios SinoGulf Property Development LLC to develop a logistics and business park under free zone regulation adjacent to Al Ain International Airport. The development will cover 650,000 square metres and will include office space, distribution centres, light industrial units, freight forwarding

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Valliere Aviation is about to create a new maintenance unit in Tunis

Valliere Aviation Group (holding of Europe Aviation) and Tunisair have signed an agreement which should lead to the creation of a common maintenance company in Tunis in the next 18 months. Europe Aviation, from the Valliere Group, provides a large scope of maintenance services on both Airbus and Boeing aircraft from line maintenance to Total

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IAI and Airbus to develop environmentally conscious taxiing system

Israel Aerospace Industries (IAI) and Airbus have signed a Memorandum of Understanding (MoU) at the 2009 International Paris Air Show to jointly develop and test an innovative environmentally friendly pilot-controlled towing semi-robotic system. The Taxibot Dispatch Towing system, designed by IAI, allows both wide and narrow body commercial airplanes to taxi to and from the

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GreenStone Aviation launches to help fill airline funding gap

GreenStone Aviation, a commercial aircraft leasing company, has announced that it has been capitalised with over $100 million in equity. GreenStone will focus exclusively on the sale/leaseback of newly-delivered commercial aircraft ordered by major airlines. The company is backed by leading private equity investors and led by John S. Slattery, the former head of RBS

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Dubai's first low cost airline takes off

flydubai, Dubai’s first low cost airline, became a reality on Monday, June 1, 2009, when its first commercial flight took off. The first flight, which was to the Lebanese capital, Beirut, was closely followed by flights to Amman, Jordan, on June 2, Damascus, Syria, on June 8 and Alexandria, Egypt, on June 9, giving the

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