Boeing has announced US$100 million in funds to address family and community needs of those affected by the tragic accidents of Lion Air Flight 610 and Ethiopian Airlines Flight 302. These funds will support education, hardship and living expenses for impacted families, community programs, and economic development in impacted communities. Boeing will partner with local
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
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.
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
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
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
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
GE Aviation and its joint venture company CFM International, a 50/50 joint company between GE and Safran Aircraft Engines, announced a record setting US$55 billion in jet engines, services, avionics and digital offerings at the Paris Air Show this week. AirAsia ordered 200 LEAP-1A engines and signed an expanded Rate Per Flight Hour service agreement
Kadima-Zoran, Israel-based Eviation Aircraft has debuted its 2+9-seat all-electric plane, Alice, at the Paris Airshow. With a range of 650 miles and a cruising speed of 260 knots, Alice will target commuters on high-traffic routes such as Paris to Toulouse in France, Oslo to Trondheim in Norway, or San José to San Diego in the
The beleaguered Boeing 737 MAX program which has seen aircraft grounded worldwide since a second fatal crash in a few months has received a major boost from British Airways’ parent company IAG. Announcing the signing of a Letter of Intent (LoI) at the Parish Air Show, Willie Walsh, IAG Chief Executive commented: “We have every
