According to the latest Airbus Global Market Forecast (GMF) the Brazilian air travel market will need 1,324 aircraft by 2032 to address the country’s rising international and domestic air travel requirements. The 896 single-aisle, 353 twin-aisle and 75 very large aircraft (VLA) are forecast to help meet the rising demand from domestic and foreign carriers
Cardiff Aviation has partnered with Serco to provide painting and surface finishing services to commercial and government organisations in the aerospace, engineering and automotive sectors from their facilities at St Athan, Aerospace Business Park, South Wales. The new partnership combines Cardiff Aviation’s industry expertise and rapidly developing maintenance, repair and overhaul (MRO) services with Serco’s
On Wednesday, November 27th, 2013, Doric took a further Airbus A380 under management. The aircraft carries the manufacturer‘s serial number 133 and is leased to Emirates. This is the fourth A380 acquired by a subsidiary of the listed aircraft investment company Doric Nimrod Air Three Limited. Doric’s asset management portfolio has a volume of US$8bn.
DVB Bank SE announced the issuance of a benchmark bond: On Monday, November 25th, 2013, DVB Bank successfully launched and priced its second €500m senior unsecured benchmark transaction in 2013. Since May 2012, DVB has been establishing its benchmark curve, starting with a three-year maturity followed by two issues with five-year maturity. By means of
Pattonair, Supply Chain Business and a leading Global Aerospace and Defence service provider and United Precision Products, a provider of precision machined and threaded product based in Detroit, Michigan, have signed a 3 year agreement under which UPP will manufacture and supply Pattonair with products in support of its global customer base. The agreement will
Kaman’s Aerospace segment has entered into a Memorandum of Agreement (MOA) with Boeing Canada Winnipeg, for the manufacture and assembly of two major sections of the 747-8 Wing-to-Body Fairing. Kaman will manufacture most components at its facilities in Connecticut, Florida, Kansas and Vermont with final assembly to be completed at the company’s Jacksonville, Florida facility
AAR has completed the first heavy maintenance check on a commercial aircraft at its maintenance, repair and overhaul (MRO) facility located at Chennault International Airport in Lake Charles, Louisiana. The work was performed on an Airbus A330. In addition, the Lake Charles MRO, which commenced operations using a short-term approval granted under its Miami facility’s
Rolls-Royce announced the latest version of its market-leading Trent 700, the Trent 700 Regional, will power the recently announced Airbus A330 Regional aircraft. The engine was confirmed at the Rolls-Royce customer symposium in China, which along with South East Asia, will be a key market for the aircraft. The Trent 700, the only engine specifically
TAT Technologies, a leading provider of services and products to the commercial and military aerospace and ground defense industries, announced the appointment of Mr. Tiko Gadot as its new Chief Financial Officer effective November 26, 2013. Mr Gadot is replacing Mr. Yaron Shalem.
Dynamic Aviation, a leading provider of innovative aviation solutions to government and commercial organizations worldwide, released that David Schneeman has joined the company as Chief Financial Officer. As CFO, Mr. Schneeman will be directly responsible for developing and overseeing annual financial plans, implementing cost improvement measures, and managing the performance and growth of Dynamic Aviation’s
