GA Telesis and Finnair have signed an agreement, whereby GA Telesis will acquire a part of Finnair’s Engine Services and employ 80 engine services professionals from Finnair’s Engine Services. The deal comprises of the sale of tools and the transfer of the personnel to GA Telesis Engine Services Oy. GA Telesis Engine Service Oy will
Eurocopter’s EC135 will perform medical airlift duties throughout Turkey with a fleet of 17 helicopters to be flown by the Turkish Aeronautical Association’s THK Gökçen Aviation commercial arm, marking the latest major contract win for this twin-engine rotorcraft in the international emergency medical services (EMS) marketplace. Operations are to begin this August with an initial
AFI KLM E&M and Afriqiyah Airways have signed an agreement covering support for the CF680E1 engines equipping the Libyan flag carrier’s two A330-200s. This exclusive, longterm contract is for “Time & Materials” engine repairs. Afriqiyah Airways will shortly be taking delivery of three new A330-200s, the first by the end of this year, and the
Air Astana, Kazakhstan’s flag carrier, has taken delivery of its first A320 aircraft equipped with Airbus’ Sharklet fuel saving wing tip devices. The airline becomes the first in the region to benefit from the new wing-tip devices. Air Astana’s A320, powered by IAE V2500 engines, features a comfortable two class cabin, seating 148 passengers with
Sikorsky Aircraft reported that the Federal Aviation Administration (FAA) has approved a new functionality on the S-92 helicopter to provide offshore oil operators with an automated approach that reduces cockpit workload by 60% and allows safer operations under challenging weather and operating conditions. Sikorsky developed the new safety feature in close collaboration with PHI, an
Willis Lease Finance Corporation (WLFC), reported earnings of $1.6m in the first quarter ended March 31, 2013, compared to $2.5m in the like quarter a year ago, with the drop in earnings primarily due to reduced gains on the sale of leased equipment. In the fourth quarter of 2012, Willis Lease recorded a loss of
The sale of Widerøe represents an important step in the improvement of SAS’ financial position with a significant reduction of SAS’ financial leverage. SAS and Widerøe will have a continued close commercial cooperation after the transaction, with Widerøe remaining an important regional partner to SAS. As part of the transaction, SAS will sell seven Dash
Air Canada reported an adjusted net loss of $143m compared to an adjusted net loss of $162m in the first quarter of 2012. On a GAAP basis, Air Canada’s net loss was $260m compared to a net loss of $274m in the same quarter in 2012. First quarter EBITDAR amounted to $145m compared to EBITDAR
BAE Systems Regional Aircraft has extended for a further five years the agreement for Saywell International to be the sole distributor of spares for the Jetstream 31/32 regional turboprop aircraft. Originally signed in February 2008, the new agreement means that Saywell International will be responsible for Jetstream 31/32 spares delivery until at least 2018. BAE
BAE Systems Regional Aircraft has received European Aviation Safety Authority (EASA) approval to extend its Part 21 G and J approvals to allow the company to work on any aircraft type for both design and manufacturing work. For several years BAE Systems Regional Aircraft has had Design Organisation Approval (DOA) allowing it to carry out
