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
B/E Aerospace reported that fourth quarter 2013 commercial aircraft segment (CAS) revenues increased 19.6% while operating earnings of $84.0m increased 22.4% as compared with the prior year period. Operating margin of 17.6% expanded 40 basis points as compared to the same period of the prior year, due to operating leverage at the higher revenue level
JetBlue Airways has been informed that its bid for 12 slot pairs at Ronald Reagan Washington National Airport (DCA) has been provisionally accepted. These assets became available as a result of divestitures mandated by the U.S. Department of Justice (DOJ) in the American Airlines-US Airways merger. Once approved by DOJ, JetBlue expects to add 12
Swiss-AS announced Oman Air as one of the latest newcomers to the AMOS community. Following a thorough selection process, which included two tenders and a number of presentations, Oman Air finally found AMOS to be the optimum solution in replacing its legacy system. AMOS fully meets Oman Air’s need to benefit from state-of-the-art developments and
The deregulation of air traffic services (ATS) at Swedish airports has taken off well and since year-end the private Swedish company ACR Aviation Capacity Resources is operating the control towers at nine of the country’s 36 airports. ACR more than doubled their business when the company on January 1st, took over the towers at the
UK-based flight training provider CTC Aviation Group (CTC Aviation) is using the infrastructure of the Airline Training Center Arizona (ATCA), a 100% subsidiary of Lufthansa Flight Training GmbH, so it can also train future pilots in North America as of April 2014. A corresponding cooperation agreement was signed by both companies in November 2013. CTC
Manufacturing firm Yuken Europe has secured work supporting Bombardier Aerospace at one of its facilities in Northern Ireland. The Liverpool-based company designs and manufactures a broad range of high quality, durable hydraulic equipment including pumps and valves. Its hydraulic technology is used across many different sectors and applications, playing a crucial role in the manufacturing
