Luxemburg based regional carrier Luxair, operating out of Findel International Airport, has renewed its trust in Thales to provide avionics services and support for its fleet of six Dash8-400 aircraft. This decision was made following Luxair’s decision to purchase four Q400NG and to phase out three Q400 Legacy aircraft. Under the seven-year Avionics-By-The-Hour (ABTH) agreement,
On November 22, 2012 Indonesian General Directorate of Civil Aviation validated the Type Certificate for the Sukhoi Superjet 100 aircraft (RRJ-95B). This validation confirms compliance of the SSJ100 to the certification requirements of the Indonesian Aviation Authority, allowing its export to Indonesia and operation by Indonesian airlines without restrictions. In June 2011 during Farnborough International
Kaman Corporation has closed on a new five-year $500m credit facility replacing its prior $317.5m credit facility. The facility includes a collateralized security agreement and carries a standard financial covenant package, which the company believes reflects current market terms and conditions. The facility consists of a $400 million revolving credit facility and a term loan
BOC Aviation has signed agreements for the lease of two new A321-200 aircraft to Etihad Airways, the national airline of the United Arab Emirates. Both aircraft, to be equipped with IAE V2533-A5 SelectOne engines, are scheduled to be delivered in the second quarter of 2014. The two aircraft will be leased by Etihad Airways as
Flying Colours Corp., the Canada-based completions, refurbishment and maintenance specialists, has received confirmation of its first Saudi registered aircraft maintenance project. Scheduled to arrive in the first quarter of 2013 the Saudi registered Challenger 604 will undergo a variety of major inspections, service bulletins, and interior refurbishment at their Peterborough, Ontario, facility. Flying Colours Corp
Iacobucci HF Group has been selected to design & manufacture all seats and galley inserts for Comlux America in the completion of the Hyundai Motor Company’s new BBJ aircraft. This contract award marks Iacobucci HF’s 2nd BBJ aircraft award just after few months of launching its new VIP seat business division. The aircraft interior is
Commsoft, a leader in aviation engineering and maintenance systems, released that 5 Aero Team is about to become the latest user of OASES – Commsoft’s MRO IT system. Under the terms of the five year agreement for five concurrent users, Commsoft will build a full OASES hosted system for Warsaw-based 5 Aero Team’s start-up CAMO
ATR’s newest flight training center in Singapore is now officially approved by the European Aviation Safety Agency (EASA) and is ready to start training courses shortly. The center will provide a high level of training programs from flight crew type rating through recurrent training to differences courses. Strategically located in the Seletar Aerospace Park, a
AWAS has delivered a new Airbus A320-200 aircraft to Royal Jordanian, the final of seven new aircraft as part of an agreement reached in early 2011. This placement is part of Royal Jordanian’s major fleet renewal programme, to offer its customers superior comfort while driving enhanced efficiencies across its network.
During the third quarter of 2012, AviancaTaca Holding S.A, reported operating income of US$1.1075bn. This is equivalent to an increase of 8.1% with respect to the same period of 2011, removing the non-recurring revenue for expired tickets recorded in the third period of 2011. Operating profit reached US$116.6m. EBITDAR (earnings before interest, tax, depreciation, amortization
