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German Efromovich sets sights on ailing Alitalia

Having been ousted as Chairman of Columbia’s Avianca airline after defaulting on a loan from United Continental Holdings (United), Bolivian-born German Efromovich has now made an approach to acquire a 30% stake in the struggling Italian flag-carrying airline Alitalia. Italian daily financial newspaper Il Sole 24 reported a conversation it had with Efromovich in which

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RUAG sells business aviation sites in Geneva and Lugano

As part of its new strategic alignment, RUAG, the international technology group, is selling its Swiss business aviation sites. The buyer of the sites at the Geneva-Cointrin and Lugano-Agno airports is the French aerospace group Dassault Aviation. The successful sale of RUAG Business Aviation AG is the first step to realign the portfolio of RUAG.

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Embraer delivers first new Praetor 600 to undisclosed customer

Embraer has delivered the first of its new Praetor 600 super-midsize business jet to an undisclosed European customer. The delivery ceremony was held at the company’s production facility in São José dos Campos, Brazil, where the first Praetor 600 rolled off the hybrid assembly line that also produces the Legacy 450 and Legacy 500. Assembly

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Air Transat has opted for Avionica's miniQAR's and LTE product line

Air Canada gets approval to acquire Air Transat parent for CA$520 million

Air Canada and Transat A.T. have concluded a definitive Arrangement Agreement that provides for Air Canada’s acquisition of all issued and outstanding shares of Transat and its combination with Air Canada. Under the terms of the binding agreement, unanimously approved by the Board of Directors of Transat, Air Canada will acquire all outstanding shares of

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American Airlines to retire its fleet of 26 MD-80s

As part of its strategy of having “the youngest fleet of global network carriers”, American Airlines has announced it is to retire the final 26 of its original mainline fleet of 30 MD-80 aircraft nicknamed “Mad Dog”. The final flight, Flight 80, will leave the carrier’s main base at Dallas Fort Worth International Airport, Texas

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S7 Technics launches engine repair facility at Mineralnye Vody

S7 Technics, Russian provider of maintenance, repair and overhaul (MRO) services, has launched Russia and the CIS’s second repair shop for the CFM56 aero engines that power Airbus A320 family and Boeing 737 aircraft. The new amenity is located at S7 Technics’ southern base at Mineralnye Vody Airport (IATA: MRV) and combines several facilities: an

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