The Moroccan minister for Industry, Trade, Investment and the Digital Economy, laid the foundation stone for the expansion of the MATIS Aerospace plant in Casablanca on March 24th. MATIS Aerospace is a joint venture of Labinal Power Systems and Boeing, each owning 50% of the company. The company specializes in systems for the interconnection of
Bombardier has delivered its first Learjet 75 aircraft to an undisclosed customer based in Poland following certification by the authorities of the country’s Civil Aviation Authority. “Learjet has a heritage than spans more than 50 years and remains a standard for high-performing business jets,” said Valeria Kolyuchaya, Regional Vice President, Sales, Eastern Europe, Russia and
Finnair’s Board of Directors has approved an approximately €80m investment in a brand new cargo terminal to be built at Helsinki Airport. The construction work of the new 35,000 m2 terminal will start in March 2015. The capacity of the new terminal has been planned according to the increasing cargo capacity offered by the Airbus
Waypoint Leasing, the independent global helicopter leasing company, has closed on a five year US$85m term loan facility led by Deutsche Bank AG. The company will use the proceeds to support its customers through the provision of further liquidity into the global helicopter market. This financing brings Waypoint’s total debt commitments to more than US$1.2bn
Finnair Board of Directors has approved an investment program for bringing Wi-Fi connectivity to the majority of Finnair’s wide-body and narrow-body fleet. The total value of the investment is approximately €30m. “This investment will enable us to offer a wide array of new services to our customers, ranging from inflight entertainment to inflight sales and
RUAG can look back on a strong financial year. Net profit in 2014 grew 7.5% to CHF 102m. Earnings before interest and taxes (EBIT) were equal to the previous year’s at CHF 115m. All five divisions operated profitably and contributed to the positive Group result. The largest EBIT gains occurred at the Space (+ CHF
With GE Aviation RNP’s service, China Southern launched the first Required Navigation Performance flight including a route flown from Guangzhou-Linzhi-Guangzhou. GE Aviation designed procedures for China Southern Airlines’ fleet of Airbus A319s at Linzhi. The 95-mile approach into the airport is considered to be one of the most challenging commercial jetliner landings. Without RNP, Linzhi is
RwandAir, the national flag carrier of the Republic of Rwanda, has signed an MoU (Memorandum of Understanding) for two A330s. The agreement makes RwandAir a new Airbus customer and the first airline in East Africa to order the A330. RwandAir’s A330s will be delivered in the second half of 2016 and will be equipped with
It has been confirmed that a Germanwings 24 year-old Airbus A320 has crashed in the French Alps while en route from Barcelona to Dusseldorf. The plane is understood to have had 144 passengers, 2 pilots and 4 cabin crew on board and France’s President Nichols Hollande has appeared on television to confirm that there would
Chief Executive Officer David Evans, from LIAT, the Caribbean Airline, signed a Memorandum of Understanding with Antigua State College (ASC) for an Engineering Technician Training Programme in Aircraft Maintenance. Other industry partners in the new programme, which commenced in September 2014, are Antigua-based Caribbean Helicopters; the College of the North Atlantic and the Marine Institute of
