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HAITEC granted approval for elite business jets

Following the Gulfstream G650 Line Maintenance approval received in June 2015, HAITEC Aircraft Maintenance was now granted the approval to perform Part-145 Base Maintenance on G650. As an EASA Part-145 organization, HAITEC holds approvals from Civil Aviation Organizations of Russia, United Arab Emirates, Azerbaijan, Bermuda and the FAA for a broad range of Boeing and

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EU move forward with mandatory flight-tracking

The European Union (EU) are looking to revive recommendations from French investigators after the crash of an Air France jet in the Atlantic in 2009 and are also acting as a result of the disappearance of Malaysia Airlines flight MH370 in March 2014 while efforts by global regulators and the airline industry to agree on

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FLY Leasing sells older aircraft, continuing fleet renewal strategy

FLY Leasing has contracted to sell 12 older aircraft from its portfolio for US$240m. The sale is anticipated to produce a US$12m pre-tax gain. In connection with the transaction, FLY anticipates recording US$3m in non-cash charges relating to debt modification and extinguishment costs. The aircraft will transfer individually to the new owner, with all transfers

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China’s import duties damaging market for Chinese-built foreign aircraft

Embraer is a joint-venture aircraft manufacturer where Brazil’s Embraer holds a 51% stake and the Aviation Industry Corporation of China hold a 49% stake. They started assembling ERJ 145 regional jets in northeast China in partnership with Harbin Aircraft in mid-2000. At the time the Chinese government imposed an increase in the import tax on

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Boeing to build 747 fuselage panels at Macon, Georgia facility

Boeing announced that 747 fuselage panels will be built at its Macon, Georgia facility beginning in 2018. Boeing will take over the work from Triumph Aerostructures – Vought Aircraft Division, a wholly owned subsidiary of Triumph Group, with the Macon site providing assembled fuselage panels to Boeing’s 747 final assembly line in Everett, Washington. Boeing

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Honeywell boosts aerospace portfolio with acquisition of Aviaso

Honeywell has acquired privately held Aviaso, an international aviation software company that offers fuel efficiency and emissions savings software to the airline industry. Terms of the deal are not being disclosed. Aviaso’s software products gather data on aircraft usage and identify and communicate the ways airline customers can save fuel consumption through a simple, intuitive

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Flybe welcomes ATR 72-600 aircraft

Flybe is for the first time introducing an ATR 72-600 series aircraft into its fleet. The aircraft has been delivered to Flybe from the leasing firm Avation PLC, and will operate from Sweden in the livery of Flybe’s new partner in Northern Europe, Scandinavian Airlines (SAS). During 2015 and 2016 Flybe will incorporate into the

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GE Aviation to create European Turboprop Center of Excellence to pursue non-U.S. options to secure export credit financing for customers

GE Aviation will create a turboprop engine development, test and production operation in Europe. This will represent an investment exceeding US$400m and ultimately support 500 – 1,000 jobs. The turboprop industry is highly global and comprised of many small aircraft operators. Among the factors driving GE Aviation to pursue the new operation in Europe is

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Beluga XL programme achieves design freeze

The new Beluga programme, christened Beluga XL, has successfully passed the latest maturity gate milestone – marking the end of the ‘concept phase’ or design freeze ‘at aircraft level’ which is a key step in any development programme. The maturity gate review demonstrated that the Beluga XL programme is robust and mature enough to move

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