JETS, the growing business aviation MRO is further expanding its sales and commercial team with the appointment of Derick Naude as Senior Sales and Commercial Representative, effective immediately. Derick joins JETS from Embraer Executive Aircraft where he previously held the position of Customer Support Representative for the UK.
Apollo Aviation Group, a multi-strategy aviation investment manager specializing in mid-life and mature aircraft, has contracted to purchase five aircraft for $53m in the fourth quarter of 2013 on behalf of its second aviation fund, SASOF II. The aircraft include three in-production models (A320ceo family aircraft). Since SASOF II’s inception, Apollo Aviation has contracted to
Etihad Airways and Alitalia have entered the final phase of a due diligence process about a possible investment by Etihad Airways in Alitalia, James Hogan, President and Chief Executive of Etihad Airways, and Gabriele Del Torchio, Chief Executive of Alitalia, confirmed. During the next 30 days both companies and their advisors will determine how a
Southwest Airlines confirmed it has been notified of its winning bid in an auction for 54 slots–allowing 27 additional daily flights–that will bring more competition to Reagan National Airport, three miles from downtown Washington, D.C. Details of the carrier’s bid to acquire divested slots remain confidential under terms of the deal and are subject to
Sabena Technics signed component repair services contract with Airbus for Flight Hour Services (FHS). The present agreement will allow Airbus to support services development, such as FHS, to benefit from Sabena Technics expertise, performance and competitive flat rate prices and will cover the repair and overhaul of Airbus A320 and A330 components of diverse technologies
In the first half of this year Sukhoi Civil Aircraft Company will replace all Sukhoi Superjet 100 aircraft in its “light” specification to “full” for Aeroflot, and will continue to deliver SSJ100 following the contract on 30 aircraft of this type between the companies. To date, the airline has already obtained six SSJ100 aircraft in
Wesco Aircraft, a leading provider of comprehensive supply chain management services to the global aerospace industry, has entered into an agreement to acquire Haas Group for $550m in cash, subject to certain closing adjustments, from certain investment funds affiliated with The Jordan Company. With $573.5m in 2012 revenues, Haas is a leading global provider of
Dassault Aviation recently received regulatory approval from the EASA to operate as a Part 147 Training Center, the first such authorization to be granted to a business jet OEM. The approval allows Dassault Aviation to comply with new European regulations requiring that technicians be offered practical maintenance instruction in addition to theoretical training, and permits
Auditors from the Thai Civil Aviation Authority have completed their appraisal of AJW Technique’s state-of-the-art facility in Montreal. The audit involved a detailed review of the organisation’s quality systems and processes. The Authority did not identify any areas in need of corrective action. DCA Certification is the most recent in a developing list of regionally
HeliVert, a joint venture between Russian Helicopters and AgustaWestland, has received a Certificate of Approval from the Aviation Register of the Interstate Aviation Committee (AR IAC) for production of the AW139 commercial helicopter. The certificate is valid for two years. Following an audit by the AR IAC in May 2012 HeliVert was awarded a one-year
