Transat A.T. and WestJet have mutually and amiably agreed to terminate an air transportation agreement initially contracted in 2003 and set to expire in 2010. The termination will take effect at the end of the current winter season on May 10, 2009. The agreement allowed tour operator Transat Tours Canada, a Transat business unit, to
AerData, the Amsterdam/Netherlands-based provider of software and back office services for aircraft asset managers announced that it has in principle agreed to acquire its competitor Aircraft Management Solutions (
CFM International has signed a Memorandum of Agreement (MoA) with GMR Hyderabad International Airport Limited (GHIAL). Under the terms of this agreement, GHIAL and CFM will work towards the development of a new CFM56 Maintenance Training Center at the Rajiv Gandhi Airport in Hyderabad.The new training center is envisioned to mirror CFM facilities currently operating
Precision Aviation Group (PAG) — a provider of ISMRO (Inventory Supported Maintenance, Repair & Overhaul) — officially opened its new facility in Vancouver, British Columbia. The rapid growth of PAG’s Canadian entities — Precision Heliparts-Canada (PHP-C) and Precision Accessories & Instruments-Canada (PAI-C) — necessitated the new 15,000 square-foot facility, said PAG President David Mast. We
On February 12th SR Technics Group (SR Technics) announced with regret that it intends to close its operation at Dublin Airport. It will now enter into consultation with the trade unions representing the 1,135 employees at the facility. The recent loss of major contracts from primary load customers in Dublin, the current business and economic
Alaska Airlines and the Association of Flight Attendants-CWA jointly announced a tentative agreement on a proposed two-year contract extension for the airline’s 2,830 flight attendants. The proposal to extend the contract through April 2012 was presented late yesterday to union members for review and a ratification vote. The ratification process is expected to be completed
Universal Asset Management releases its 2008 End of Life Recycling Portfolio, featuring over 18 disassemblies projects administered for a variety of clients throughout 2008.
Current sentiment on the global economic crisis is that it has reached its lowest ebb and can only head for a full fledged rebound within the first half of 2009 that will continue to spur growth, driven primarily by a massive government fiscal stimulus package. Strong demand from emerging nations will be a factor in
Alaska Airlines petitioned the U.S. Department of Transportation (DOT) to conduct a public inquiry into the citizenship status of Virgin America. Citing recent media reports that call into question Virgin’s compliance with U.S. foreign ownership and control restrictions on domestic carriers, Alaska Airlines asked DOT to investigate Virgin’s current as well as prospective capital and
The newest member of the Boeing 777 family, the 777 Freighter, received its formal stamp of approval from the European Aviation Safety Agency (EASA). EASA validated the U.S. Federal Aviation Administration’s (FAA) Feb. 3 type certification of the 777 Freighter. The certification formally recognizes that the 777 Freighter has passed the stringent design and testing
