Green light for Lufthansa and Brussels Airlines: the European Commission has granted regulatory approval for the tie-up of the two airlines. The decision paves the way for Lufthansa to acquire an initial 45% stake in SN Airholding SA/NV, the parent company of Brussels Airlines. Clearance from the EU competition authority will also give Lufthansa an
Air Canada has reached agreement on a collective agreement extension with CUPE that represents the airline’s approximately 6,700 flight attendants. The contract extension agreement, together with the pension moratorium agreement reached June 15th with CUPE, are subject to membership ratification. The airline has now concluded agreements on a cost neutral basis for collective agreement extensions
BAE Systems today announced that executive director Walt Havenstein has decided to leave the Company. Walt has resigned as a director and Chief Operating Officer, BAE Systems plc and steps down as President and CEO, BAE Systems, Inc. with effect from 26 June 2009 and will leave the employment of BAE Systems, Inc. on 20
Airbus announced the signature of a cooperation agreement with Japan Aerospace Exploration Agency (JAXA) on the cooperative research activities in the field of composite materials. This agreement marks the first ever research cooperation between Airbus and a Japanese aerospace agency. Two areas already identified are VaRTM (Vacuum assisted Resin Transfer Moulding) evaluation and NDI (Non-destructive
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
Dassault Syst
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
Flight Director recently celebrated 25 years in business. Founded in 1984, FDI has established itself as a leader in the commercial and military aircraft parts supply chain. FDI has offices located in Austin, Texas and Irvine, California.
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
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
