Jazz Aviation, a wholly owned subsidiary of Chorus Aviation, released that its pilots, represented by the Air Line Pilots Association (‘ALPA’) have ratified their tentative agreement reached on January 13th, 2015. The term of this agreement is 11 years expiring on December 31st, 2025. ALPA represents approximately 1380 pilots employed at Jazz. The term of
GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE (GE), completed and closed its acquisition of Milestone Aviation Group, the Dublin-based helicopter lessor, for US$1.775bn plus the assumption or payoff of Milestone’s existing debt. “The acquisition of Milestone is a key part of our growth strategy for 2015 and beyond as we add
Boeing and Okay Airways celebrated the delivery of the carrier’s first Next-Generation 737-900ER (Extended Range). The delivery marks the first 737-900ER to be delivered to a Chinese customer and is the first of eight 737-900ERs that Okay Airways has on order. Okay Airways, the first privately owned airline in China, is headquartered in Beijing with
Bombardier Commercial Aircraft and Chorus Aviation, parent company of Jazz Aviation, have signed a firm purchase agreement whereby Chorus will acquire 13 Q400 NextGen aircraft and options for 10 Q400 NextGen aircraft. Once delivered, the aircraft will be operated by Jazz under the Air Canada Express banner. The Companies also announced Chorus and Jazz as
Unison has won a significant order for tube bending machinery from the precision aerospace engineering company, Supercraft. The machinery will help Supercraft to expand operations at its new manufacturing facility in Brough, UK, in preparation for contracts recently secured from major aerospace customers. It will also provide the software flexibility needed to enhance productivity of
HAECO Group has entered into a long-term agreement with Airbus to provide maintenance and engineering training in Mainland China and Southeast Asia on Airbus aircraft. Under the terms of the agreement with Airbus, the HAECO Group will deploy “Training by Airbus” standards, dynamic tools and teaching techniques to provide Aircraft Original Equipment Manufacturer-backed maintenance training
Nordic Aviation Capital A/S (NAC), the global leader in turboprop leasing, has closed a landmark US$300m debt facility. The company will use the proceeds to part finance the acquisition of turboprop and regional jet aircraft, which will then be leased to airline partners around the world. Søren M. Overgaard, CFO, added: “This facility, which has
Following Aero Technologies, one of the Aero Maintenance Group subsidiaries, Precision Electronics has received the ANAC (ANAC – Agência Nacional de Aviação Civil) certification. This will allow the entire group to supply the Brazilian market with its full portfolio of service offerings. The ANAC certification, an internationally recognized certification for quality and management, is a
On March 8th 2014, Malaysian Airlines flight MH370, a Boeing 777 carrying 239 passengers and crew, disappeared without trace, though believed to have been somewhere over the Indian Ocean. In a pre-recorded statement aired on national TV on Wednesday this week, the Department of Civil Aviation (DCA) Director-General Azharuddin Abdul Rahman announced that it was
HAITEC Aircraft Maintenance welcomed the first Boeing 767 of its new customer Iraqi Airways, the national carrier of Iraq, to the hangar at Hahn Airport for a C-Check. “We are delighted that Iraqi Airways selected HAITEC as its MRO partner“, says Frank Rott, CEO of HAITEC. “Further checks for the B767 and B747 fleet of
