Andrew C. Levy, President and COO of Allegiant Travel Company, has resigned from his executive positions with the company and will step down from the Allegiant board. For the past 13 years, Mr. Levy has led Allegiant in a variety of roles, including most recently as President, Chief Operating Officer and Board Member and previously
Final assembly of the first A350 XWB for Vietnam Airlines has begun at the Roger Béteille Final Assembly Line (FAL) in Toulouse, France. Scheduled for delivery in mid-2015, the aircraft will see Vietnam Airlines become the first Asian airline to fly the A350 XWB and the second operator in the world of the all-new, fuel-efficient
The power struggle between unions and airlines seems to be never-ending and the public have to be falling out of love with two of the industry’s greats. Two days after Air France call of their longest strike in the company’s history, Lufthansa are hit by a fifth strike in less than four weeks, with 25
Romanian aerospace company Aerostar S.A., was among the first independent European MRO providers to install Split Scimitar Winglets (SSW) onto two Boeing 737-800s of TUIFly Nordic. Aerostar is currently carrying out the same work on a Boeing 737-800 (msn 37238; registration OO-JAX) for TUI Airlines Belgium trading as Jetairfly, at its Bacau facility in north-east
LCI, the aviation leasing division of the Libra Group, has successfully closed a five-year, $325m asset–backed credit facility for its helicopter-leasing arm LCI Helicopters. The facility was substantially over-subscribed resulting in an enlarged provision to meet demand. An option to increase the facility to $425m was also added. The funds will be used to expand
Werner Aero Services has signed a three year agreement with Aerospace Component Engineering Services (ACES), in Singapore to support ACES with A320 components. ACES will have access to Werner Aero Service’s A320 component inventory to be used for exchanges in conjunction with their repair business. ACES is a joint venture between SIA Engineering Company (SIAEC)
easyJet, one of Europe’s leading airlines, announced an additional order with CFM International for 54 CFM56-5B engines to power the 27 Airbus A320 ceo (current engine option) aircraft scheduled to begin delivery between 2015 and 2018. The aircraft order was previously announced; the airline is exercising 27 existing purchase rights. CFM values the firm engine
Lufthansa Pension Trust has successfully placed approximately 13.5m shares of Amadeus IT Holding, S.A. by way of an institutional private placement. With the sale of the shares, which represents 3% of the shares in Amadeus IT Holding, S.A., the pension fund raised gross proceeds of €388m. Accordingly, the Lufthansa Pension Trust’s stake in Amadeus will
AgustaWestland handed over two AW139 intermediate twin helicopters to Samsung Techwin Co., of the Republic of Korea. These helicopters will be used to perform corporate transport. The delivery includes the 700th AW139 setting a major production milestone coming approximately ten years after its introduction into service in which time it has set the new standard
British Airways’ line maintenance team has recently won the contract to provide technical handling for Qatar Airways’ 787 flights in Edinburgh. British Airways has also been selected this year to support the Qatar Airways operation at Dallas Fort Worth, Kigali and Moscow. British Airways already provides line maintenance services for fellow one world airline Qatar
