Swiss-based airline Etihad Regional was launched in Zurich on January 16th, heralding a new era of improved regional and international connections for travellers in Europe. Established in partnership with UAE national carrier, Etihad Airways, the new carrier will be operated by Switzerland’s Darwin Airline, which is headquartered in Lugano with a major hub in Geneva.
Bahrain based Aero Gulf Group released that the newly named Sola Engine Centre in Norway, which was purchased from Pratt & Whitney late 2013, can now deliver global operators of CFM 56 engines exceptional, industry recognised EGT margin and quality, through the investment, reorganisation and streamlining that has underpinned the Group’s strategic acquisition. It forms
Lease Corporation International, a Libra Group company, and KKR Financial Holdings, a specialty finance company managed by a subsidiary of KKR & Co. L.P., have entered into a definitive agreement under which KFN has agreed to invest in excess of $100m in LCI Helicopters (LCIH), the helicopter leasing subsidiary of LCI, in exchange for a
Jet Aviation Basel has been selected to complete the interior of an Airbus corporate jet ACJ-A320 for an undisclosed head-of-state. The VIP aircraft will be delivered to the Basel Completions Center in the third quarter of 2014. Jet Aviation Basel was recently awarded a VIP cabin interior completions contract for a head-of-state ACJ-A320 aircraft. Configuration
GA Telesis and Wafra Capital Partners jointly announced that GA Telesis has raised $500m from institutional and private clients advised by Wafra Capital Partners to establish a new aviation investment vehicle focused on aircraft and engine investment opportunities. The vehicle will be named GA Telesis Aviation Investments LLC (“GAIN”) and will be managed by GA
Armac Systems, a leading aviation MRO inventory optimization solutions provider, announced its RIOsys 9.0 solution has achieved SAP certification as powered by the SAP NetWeaver technology platform. The solution works with the plant maintenance and materials management software in the SAP ERP application and other solutions in the SAP for Aerospace & Defense solution portfolio,
Lease Corporation International’s (LCI) helicopter division has taken delivery of its fifth AgustaWestland AW139 helicopter, and has placed the aircraft on lease with Bond Offshore Helicopters (Bond) in Aberdeen, Scotland. The delivery follows the agreement last year of a long term lease between LCI and Bond’s parent company Avincis Group – a leading global provider
Boeing has identified “green diesel,” a renewable fuel used in ground transportation, as a significant new source of sustainable aviation biofuel that emits at least 50% less carbon dioxide than fossil fuel over its lifecycle. The company is working with the U.S. Federal Aviation Administration and other stakeholders to gain approval for aircraft to fly
Rockwell Collins and Beijing Bluesky Aviation Technology, an AVIC subsidiary, signed a final agreement on January 15th, to establish ACCEL (Tianjin) Flight Simulation Co. LTD. joint venture (JV). The JV, with equal shares owned by the two entities, will create a simulation and training center of excellence in China for commercial flight simulation and training
High-speed wind tunnel tests have started for the Boeing 777X. Testing began last week at Boeing’s Transonic Wind Tunnel in Seattle. Last month, engineers started wind tunnel tests at QinetiQ’s facility in Farnborough, U.K., where testing of the low-speed performance of the airplane continues. Subsequent rounds of low-speed and high-speed testing will provide further design
