It would have been naïve, if not foolish, not to imagine that there would have been some form of repercussion after the Air France-KLM two-week pilots’ strike in September. Two weeks ago it was announced that the overall cost of the strike was in the region of €500 million, with direct loss of ticket sales
Snecma (Safran) and Max Aerospace signed an agreement on October 21st, 2014 in Delhi, India to create a joint venture called Max Aero Engines Private Limited (MAEPL), which will offer military aircraft engine maintenance, repair and overhaul (MRO) services in India. MAEPL will provide complete engine support solutions, in particular shop-level maintenance and flight line
The International Air Transport Association (IATA) launched its Aviation Cyber Security Toolkit which helps the air transport industry, including airlines, airports and air traffic management, to identify, assess and mitigate, among others, cyber risks in IT infrastructure across their operations. “The aviation industry depends on essential IT infrastructure functioning reliably. While the industry has put
For the third quarter 2014, Spirit’s adjusted net income increased 27.6% to $73.9m compared to $57.9m for the third quarter 20131. GAAP net income for the third quarter 2014 was $67.0m compared to $61.10m in the third quarter 2013. For the third quarter 2014, Spirit delivered a record adjusted pre-tax margin of 21.3% compared to
Airstream has concluded the ACMI lease on behalf of Czech Republic operator Travel Service. The aircraft is operating scheduled operations on behalf of the Thomas Cook Group, operating to locations in Southern Europe and Northern Africa.
AMAC Aerospace, a leading provider of corporate aviation maintenance and completion services has completed its first interior refurbishment project wholly designed by its own professional in-house design team. The project entailed refurbishing the existing cabin configuration of a Bombardier Global Express. The refurbishment project, which was undertaken at AMAC’s state-of-the-art headquarters at EuroAirport Basel-Mulhouse-Freiburg, involved
Amentum, the Dublin based commercial aircraft leasing company, has renewed the lease of an A320-200 with Volaris (Concesionaria Vuela Compania de Aviacion, S.A. de C.V.). The lease was extended for six years. The aircraft (MSN 3624) is owned by Global Aircraft Fund I and was financed with commercial debt from NordLB. Amentum manages a total
AWAS has delivered one new 737-800 passenger aircraft to the flag carrier of Ethiopia, Ethiopian Airlines. This aircraft comes from AWAS’ previous direct order with the manufacturer and marks the second overall new 737-800 that AWAS has delivered to the airline this year. This additional efficient aircraft will further support Ethiopian’s announced 15 year strategic
With the recent departure of two of Ryanair’s long-standing senior executives, deputy CEO and COO Michael Cawley, who had been with the airline for 17 years, and CFO and deputy CEO Howard Miller, who joined them 23 years ago, it is very much a case of now steadying the ship with tying CEO Maichale O’Leary
Singapore Technologies Engineering announced that its aerospace arm Singapore Technologies Aerospace has injected US$4.87m (S$6.2m) into the capital of its wholly owned subsidiary, ST Aerospace Academy (STAA). This would bring STA Engineering’s total equity investment in STAA to US$12.98m (approximately S$17.6m). The capital injection affirms ST Engineering’s confidence in the commercial pilot training business and
