Munich based operator, MHS Aviation has taken delivery of it’s first Gulfstream G650, this also marks the debut of the aircraft in Germany. The G650 is the ultimate long-range business jet and flies up to 7,000 nm (12960 km) nonstop with 8 passengers. The aircraft gives MHS Aviation the capacity to conduct nonstop, fast flights
Following the news released on Friday that Air France intend to take substantial measures to help reduce expenditure, violence erupted at today’s management meeting when it was stormed by protesters. Xavier Broseta, Head of Human Resources, had the shirt ripped from his back as he made his way out, being forced to climb a fence
Rolls-Royce will invest nearly US$600m to modernize its manufacturing operations in Indianapolis and to conduct technology research, ensuring that Indiana remains a leader in the aerospace industry for decades to come. The modernization plan will enable the company to become more competitive by replacing outdated facilities and accelerating the introduction of new and advanced manufacturing
More than 400 employees of Fraport AG simultaneously performed the symbolic first cut of the spade on October 5th, marking the ground-breaking and start of construction for Frankfurt Airport’s new Terminal 3. This symbolic act has set the stage for securing the future competitiveness of Frankfurt Airport and, consequently, new job opportunities in the Frankfurt/Rhine-Main
Lightweight metals leader Alcoa has signed an approximately US$1bn contract with Airbus for high-tech, multi-material aerospace fastening systems. The deal is Alcoa’s largest fastener contract ever with the aircraft manufacturer. Alcoa’s fasteners will be used to assemble some of Airbus’s latest high-growth airplanes, including the A350 XWB, Airbus’ newest commercial airplane, and the A320neo. In
Global Jet Capital, a provider of financing solutions for large-cabin, long-range private jets, has agreed to purchase the aircraft lease and loan portfolio of GE Capital Corporate Aircraft in the Americas representing approximately US$2.5bn of net assets. Shawn Vick, Executive Director of Global Jet Capital said, “We are investing heavily in growing the business both
AerCap has signed an agreement with Air Astana, Kazakhstan’s flag carrier, for the lease of three Airbus A321neo and one A320neo aircraft. The aircraft will be operated on the airline’s domestic and international route networks.
Chromalloy has formed a new joint venture with partner Arabian Qudra – Chromalloy Arabia – to provide the region’s growing energy and aerospace sectors with life-cycle gas turbine engine solutions including component repair, new parts, field services, system upgrades and long term service agreements, in addition to its renown Tiger Monitoring & Diagnostic System. Chromalloy
For some time Air France, a subsidiary company of Air France-KLM, has struggled over negotiations with pilots in an effort to reduce running costs. One of the major stumbling blocks which directly affects Air France is Air France-KLM’s ‘Perform 2020’ plan which includes an investment of €1 billion (US$1.1 billion) in the low-cost arm of
Vector Aerospace has signed a three-year contract with the Anaheim Police Department to provide MRO support for their Airbus Helicopters AS350B2 components. Vector provides support for Airbus Helicopters AS350, AS355, EC130, EC135, BK117, EC145, BO105, EC 225/H225 and AS332 series helicopters. With approvals for AS350/355 and EC130 airframe, engines, dynamic components and avionics MRO, Vector
