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HEICO Corporation subsidiary completes Quest Aviation Supply acquisition

HEICO Corporation reported that Seal Dynamics, a subsidiary of its Flight Support Group, completed the acquisition of certain assets and liabilities of Quest Aviation Supply of Chatsworth, California. Financial terms were not disclosed, but HEICO stated that it expects the acquisition to be accretive to its earnings within the first year after the closing. Quest

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Ethiopian becomes largest African carrier by revenue and profit

Ethiopian Airlines has become the largest African carrier by revenue and profit according to the International Air Transport Association’s (IATA) latest airline ranking – published in the 58th edition of World Air Transport Statistics (WATS). With revenue topping $2.3bn in 2013, this is the first time Ethiopian Airlines has achieved such a ranking in its

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Volaris selects Airbus as flight training provider

Volaris, the low-cost airline serving Mexico and the US, has chosen “Training By Airbus” to provide A320 Family flight simulator training and courses in Miami and Mexico as part of an agreement which includes more than 25,000 flight training hours for 500 pilots. Volaris, an all-Airbus operator, has ordered a total of 74 aircraft to

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TIMCO secures CRJ200 interiors modification programme

TIMCO Aviation Services began interiors modification work on the first CRJ200 aircraft in a fleet operated by a leading North American airline. TIMCO will retrofit more than three dozen of the same aircraft type, with all work being performed at the company’s Cincinnati-Northern Kentucky International Airport aircraft maintenance, repair and overhaul facility. The comprehensive programme

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StandardAero Singapore signs agreement to become first independent Rolls-Royce authorized MRO facility for RR300 helicopter engines in Asia

StandardAero has completed a license agreement with Rolls-Royce that designates the company’s Singapore facility as an Authorized Maintenance Repair and Overhaul Center (AMROC) for RR300 helicopter engines. This authorization, signed on May 16 of this year, follows StandardAero’s Winnipeg, Manitoba, Canada RR300 AMROC agreement, signed in December, 2013. StandardAero’s Singapore repair shop is a state-of-the-art

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Bombardier’s Challenger 350 jet receives Transport Canada certification

Bombardier Aerospace announced that the Challenger 350 aircraft has been awarded Transport Canada (TC) certification. Bombardier expects certification from the US Federal Aviation Administration (FAA) to be received shortly. “With Transport Canada certification of the Challenger 350 aircraft program in-hand, another significant milestone has been achieved,” said Stéphane Leblanc, Vice-President and General Manager, Challenger Programs,

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Kagoshima International Aviation orders one GrandNew EMS helicopter

AgustaWestland and Kaigai Corporation of Japan released that Kagoshima International Aviation has placed an order for a GrandNew light twin helicopter to perform emergency medical service missions for Hakodate City Hospital in Southern Hokkaido. The aircraft, which is expected to enter service in early 2015, will be based at the Hakodate Airport. Kagoshima International Aviation

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FLY Leasing sells four older aircraft

FLY Leasing, a global lessor of modern commercial jet aircraft, has sold four aircraft from its portfolio. The four aircraft have an average age of 14 years and the sales will further reduce the age of FLY’s fleet. The sales generated a gain over FLY’s net book value. FLY has now sold five aircraft in

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