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Clayton Osbon, ex-Jet Blue Pilot, sues carrier for US$14.90m

Only three days after the crash of the Germanwings A320 in the French Alps, an ex- Jet Blue pilot, Clayton Osbon, who had what was described at the time as a ‘mid-air meltdown’, is suing the carrier for ‘negligence and breach of contract.’ The sum in question is for US$14.90m and the breakdown of the

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Jet Aviation Basel develops EASA STC for Traffic Alert and Collision Avoidance System version 7.1 upgrade

Jet Aviation Basel developed European Aviation Safety Agency (EASA) Supplemental Type Certification (STC) for the Traffic Alert and Collision Avoidance System (TCAS II) version 7.1 upgrade. Jet Aviation Basel now has an STC approved by EASA for the TCAS II version 7.1 upgrade. TCAS II provides vertical rate “Resolution Advisories” (RAs) to pilots, informing them

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US Army selects GE for engine controls technology development

The U.S. Army selected GE Aviation to perform conceptual design and trade analysis on the Rotorcraft Advanced Engine Integrated Controls System (RAEICS) program. The 24-month project will develop a conceptual design of an advanced engine control system to enable innovative, high performance propulsion capabilities for Future Vertical Lift (FVL) platforms. RAEICS will assess innovative engine

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Finnair acquires Flybe Nordic on an interim basis

Finnair has acquired Flybe Uk’s 60% ownership of Flybe Nordic for a transaction price of €1 and Flybe Nordic will transfer to Finnair’s ownership on an interim basis. The transaction has been closed on March 31st, 2015. Finnair continues discussions about the continued ownership of Flybe Nordic. Finnair and StaffPoint Holding and G.W. Sohlberg signed

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Ionbond receives certification from Airbus

Ionbond reported that Airbus S.A.S has certified the Greensboro NC, USA coating center for the production of PVD coatings according to Airbus process specifications (AIPS). The certification will allow the facility in Greensboro to provide coatings to Airbus directly and through its suppliers. Ionbond has been a supplier to Airbus in Europe for a number

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Doric structures aircraft investments for family offices

Doric has structured investments in four regional aircraft for two family offices. Doric took delivery of the ATR72-500s in Finland at the end of March 2015. Each plane is leased to Finnair for a period of eight years. Three of the aircraft were 100% equity financed; one aircraft was part-financed by NordLB. In addition to

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HAESL receives first Rolls-Royce Trent XWB engine

HAECO Group announced that Hong Kong Aero Engine Services Limited (“HAESL”), the Group’s engine services facility in Hong Kong, has taken delivery of its first Rolls-Royce Trent XWB engine. The engine will support the crosscalibration of HAESL’s test cell, marking an important milestone in the company’s progress towards development of full Trent XWB capability. HAESL

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