STS Aviation Services (STS), an MRO provider to the global aviation industry, is now AS9110C certified in the United Kingdom. This certification grants STS Aviation Services the authority to maintain, repair and overhaul both civilian and military aircraft in accordance with aerospace law and global regulatory requirements. Having recently entered the MRO market in the
Finnair Group has posted first-quarter 2020 results. Revenue decreased by 16.0% to €561.2 million compared to €668.2 million the previous year. Unit revenue (RASK) decreased by 7.3%, unit cost (CASK) increased by 5.1%. Unit cost excluding fuel increased by 4.0%. Fuel costs decreased by only €1.3 million (-0.9%). The coronavirus-related decline in capacity was almost
ILS and CCI will launch the ILS Bridge for Quantum. This new solution will allow automated listing of Quantum Inventory on ILS and provide real-time connectivity between Quantum Control and ILS, a leading digital aerospace marketplace. “Mutual Quantum ERP and ILS customers have asked for this capability given the criticality of both systems in our
The Supervisory Board of the Latvian airline airBaltic has approved the new business plan of the company, “Destination 2025 CLEAN”. The new business plan, focuses on the impact of the coronavirus crisis and adjustments that have had to be made to the existing five-year strategy. Martin Gauss, CEO of airBaltic: “The new environment of the
Aeronexus, a leader in the wide-body VIP charter market, has acquired a controlling interest in the ten-year old aircraft management company, PRIVAJET of Malta, which will become an Aeronexus Group Company. PRIVAJET was specifically chosen to join the Aeronexus Group because of the synergy of its impeccable safety record, professional management and vast experience in
Delta Air Lines intends to commence a private offering to eligible purchasers of US$1.5 billion in aggregate principal amount of senior secured notes due 2025, subject to market and other conditions. The Company also announced it intends to enter into a new US$1.5 billion Term Loan B facility due 2023 concurrently with the closing of
Václav Havel Prague Airport remains open for all arrivals and departures. Thanks to this fact, a total of 44 special cargo flights with medical supplies have been able to land there since March 20, 2020, when the first aircraft with medical supplies on board landed in Prague. More than 1,200 tons of medical aid in
Thomas Global Systems has received European Aviation Safety Agency (EASA) Supplemental Type Certificate (STC) approval for its TFD7000 Series plug-and-play LCD flight displays for Boeing 757 and 767 cathode ray tube (CRT)equipped aircraft. It is the first EASA-approved retrofit of its kind for Boeing 757-200/300 and 767200/300 aircraft. The TFD-7000 Series delivers 757/767 flight decks
For the first-quarter of 2020, United Airlines Holdings (UAL) and United Airlines, a wholly-owned subsidiary of UAL, recorded a pre-tax loss of US$2.1 billion, $1.0 billion pre-tax loss on an adjusted basis. Total revenues were US$8.0 billion, a 17% decline year-over-year. The results are preliminary and final results for the first quarter may change. As
BOC Aviation (USA) has reported that it entered into an agreement with United Airlines pursuant to which it agreed to purchase six Boeing 787-9 aircraft and 16 Boeing 737-9 MAX aircraft from the United and to lease the aircraft back to the airline. The Transaction is scheduled to close in 2020.
