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ATR obtains EASA certification for new developments in the ATR -600 avionics suite

The propeller-bladed regional aircraft manufacturer ATR has obtained certification for the very latest innovations developed for the avionics of the ATR 42-600s and ATR 72-600s from the European Aviation Safety Agency. The new certification concerns the LPV (Localizer Performance with Vertical guidance), RNP-AR 0.3 (Required Navigation Performance with Authorization Required) and V-NAV (Vertical Navigation) approach

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Ethiopian Airlines closes junior loan financing with ING

Ethiopian Airlines has secured a US$41.4m 7-year junior loan facility from ING Capital for the acquisition of two Boeing 777 freighter aircraft. The senior debt is supported by Ex-Im Bank and was provided by another financial institution with ING as their co-arranger. The junior lender benefits from a second priority interest in the security package

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ST Engineering announces new key management positions

Singapore Technologies Engineering announced the appointment of senior management personnel to new key management positions in the Group with a view to further strengthen its leadership team. Mr Lee Fook Sun, currently President of Singapore Technologies Electronics (ST Electronics) and President, Defence Business of ST Engineering, will assume additional responsibilities as Deputy CEO of ST

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GE9X’s new TAPS combustor to maintain its cool under fire

Component testing of the TAPS III (twin-annular pre-mixing swirler) combustor for the GE9X engine for the Boeing 777X is demonstrating promising results. The GE9X TAPS III combustor is a unique third-generation combustion system that pre-mixes air and fuel prior to combustion for leaner burn and fewer emissions than conventional combustion systems. The TAPS combustion was

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Air China and Air New Zealand agree strategic alliance

Air China and Air New Zealand have signed a Statement of Intent that will pave the way for a strategic alliance on services between China and New Zealand. The proposed alliance between the two national flag carriers and Star Alliance partners would see Air China operate a new direct Beijing – Auckland service in addition

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Wesco Aircraft Holdings announces retirement of CFO

Wesco Aircraft Holdings announced that Gregory A. Hann, executive vice president and chief financial officer, has informed the company’s board of directors of his intention to retire, effective March 31st, 2015. To ensure an orderly transition, Mr. Hann will continue to serve as Wesco Aircraft’s chief financial officer until a replacement can be found, and

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Wesco Aircraft Holdings reports results for fiscal 2014 fourth quarter

Wescos Aircraft’s net sales in the fiscal 2014 fourth quarter were US$408.2m an increase of 74% compared to US$234.3m in the prior year period. External sales in the North America segment increased 72%, while Rest of World external sales increased 83%, in each case, compared to the fiscal 2013 fourth quarter. The external sales increase

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