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Etihad increases stake in Virgin Australia to 19.9%

Etihad Airways confirmed its equity stake in Virgin Australia Holdings had reached 19.9%. This follows a series of on-market purchases of Virgin Australia shares over recent weeks. The Abu Dhabi-based airline now holds more than 515 million shares in its equity partner airline. At 19.9%, Etihad Airways has reached the threshold approved by Australia’s Foreign

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FL Technics signs PBH support agreement with Indonesian Cardig Air

FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, is further extending its cooperation with Asia-Pacific carriers by signing a PBH-support agreement with Jakarta-based cargo operator Cardig Air. Under the agreement FL Technics will provide spare parts supply for the carrier’s Boeing 737-300F fleet. According to the three-year long agreement, FL

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Lufthansa LEOS signs development contract for eSchlepper

Lufthansa LEOS, a subsidiary of Lufthansa Technik AG, will deploy electrically powered hybrid towbarless aircraft tugs. A development contract for the project was signed with Kalmar Motor AB from Sweden on October 9th, 2013, on the occasion of the inter airport Europe exhibition in Munich. The electrically powered tug, or eSchlepper, is capable of moving

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Pentastar Aviation launches hosted version of Commsoft’s OASES

Pentastar Aviation has become the launch customer for the hosted version of Commsoft’s OASES maintenance management software, having utilized the system for several months, in a previously-unannounced deal. Pontiac, Michigan-based Pentastar Aviation has been able to access a version of OASES hosted by a data centre on behalf of Commsoft itself, meaning that it avoided

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Malaysia Airlines reserves WheelTug delivery slots

WheelTug plc announced the execution of a Slot Purchase Agreement with Malaysia Airline System Berhad Airlines for 68 737NG Systems. With the new reservations the order book of WheelTug aircraft drive systems grows to 641 delivery slots reserved by twelve airlines from Europe, America, the Middle East and Asia. Seven of those airlines are flag

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Embraer selects Thales IFF systems for military aircraft upgrades

Brazilian aircraft manufacturer Embraer has awarded Thales a contract to supply IFF (Identification Friend or Foe) transponders for the upgrade of A1M fighters and E-99 AEW surveillance aircraft in service with the Brazilian Air Force. A total of 48 aircraft will be retrofitted with the new IFF transponders. Thales will supply its TSC 2030 and

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Aegean Airlines wins EU approval to buy Olympic Air for €72m

The European Commission announced its decision to approve the acquisition of Olympic Air by Aegean Airlines. The acquisition creates the conditions for the establishment of a sustainable Greek carrier, competitive within the Region and capable of supporting a growth momentum which will benefit Greek Tourism and the local economy. Following EU approval, the acquisition of

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