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FL Technics to open Line maintenance station in Dubai

FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, has signed a joint operations agreement to open an EASA certified Line maintenance station in Dubai International Airport (DXB). FL Technics representatives signed the agreement with local partners which entitles them to start the establishment process for the station. The newly established

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Hong Kong Express

Cathay Pacific intents to acquire Hong Kong Express for US$628 million

Hong Kong-headquartered Cathay Pacific has announced its intention to acquire 100% of low-cost carrier Hong Kong Express (HKE), though HKE’s chairman and major shareholder, Zhong Guosong, is in the process of launching legal action in a bid to stop the sale. If successful, Cathay Pacific will own three of the four airlines operating out of

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Goyal resigns as Jet Airways chairman with two-thirds of fleet grounded

Naresh Goyal, the chairman of India’s second-largest commercial airline Jet Airways has been forced to resign amidst the stricken carrier’s continued financial crisis. Currently two thirds of the airline’s fleet has been grounded due to defaulting on lease payments or inability to carry out mechanical repairs. As at the end of March 2018 Jet airways

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Officials from three American carriers visit Boeing to assess 737 MAX upgrade

With Boeing 737 MAX jets still grounded worldwide, representatives from Southwest Airlines Co, American Airlines and United Airlines who respectively operate 34, 24 and 14 MAX jets, visited Boeing’s plant at Renton, Washington this weekend, which is a clear indication that the software patch the plane maker is creating is nearing completion. According to a

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Lufthansa Technik continues growth – record 2018 revenue and improved results despite major investment

Lufthansa Technik has posted record revenues with a 10% increase for 2018 compared to 2017, also surpassing 2017 results despite intensified price pressure and far-reaching investments in digitalization, its international network and personnel. Applicable to Lufthansa Technik AG and its 21 fully consolidated companies, sales revenues climbed by more than €500 million, surging from €5.404

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Embraer’s John Slattery appointed president and CEO of JV with Boeing

Within trio of executive moves in a bid to accelerate key global partnerships and capabilities, the current CEO of Embraer Commercial Aviation and executive vice president of Embraer S.A, John Slattery, has been appointed as president and CEO for the commercial and aviation services joint venture between Boeing and Embraer. The appointment is subject to

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Crisis deepens at Jet Airways as pilots threaten strike action

Struggling to cope with debts of US$1 billion, India’s jet Airways is struggling to remain operational with only 41 aircraft available, one-third of its fleet of it original fleet, forcing to to cancel hundreds of flights, many at the mast minute. While many of its aircraft lessors have begun to cancel leasing agreements, the stricken

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easyJet reported weaker revenue expectations for Q2

Alitalia rescue in jeopardy as easyJet pulls out of negotiations

Having previously been involved in discussions with Italian state rail operator Ferrovie dello Stata, and U.S. carrier Delta Air Lines with a view to creating a consortium ‘rebranding’ of the stricken flag-carrying Italian airline, easyJet announced Monday, March 18, that it is no longer involved in any of the negotiations. Ferrovie dello Strato was conducting

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