In a bold move to try and secure an estimated US$15 billion-plus order for 114 fighter jets from the Indian government, Lockheed Martin has unveiled its proposal to upgrade the previously offered F-16 and replace it with an F-21 configured specifically for its needs. Announcing its plans at Aero India 2019 in Bengalaru, Lockheed Martin
Flybondi, the first ultra low cost airline in Argentina, continues its expansion in the Region. After starting its international operation in December 2018 for Paraguay and Uruguay, it has just started the administrative, contractual and regulatory process to start its operations in Brazil. On Friday, February 15, the company received the authorization of legal operation
SIA Engineering Group has posted a profit attributable to owners of the parent of SG$33.1 million for the third quarter of FY2018-19, a decrease of SG$22.2 million or 40.1%. SG$20.9 million of the decrease was mainly due to one-time events from the associated and joint venture companies. Operating profit of SG$15.9 million was SG$2.9 million
WestJet has released January 2019 traffic results with a load factor of 80.5%, a decrease of 2.1 points year over year. Traffic increased 2.7% year over year, while capacity grew 5.4% over the same period. WestJet welcomed an additional 28,000 guests in January, a year over year increase of 1.4%.
Danny Di Perna has been appointed President of Bombardier Transportation. He will replace Laurent Troger, who has informed the company of his intention to resign and pursue opportunities outside the company. Consequently, Di Perna, who joined Bombardier in 2018, will now fill the role of President. Di Perna most recently led Bombardier’s Aerostructures and Engineering
MRO Service provider SR Technics is further expanding its UK line maintenance network with a new line at Birmingham (BHX). Thanks to the addition of the new station, SR Technics is now present at all major international gateways in the UK. Accordingly, SR Technics also serves many international customers. In addition to their recent network
Spatial, a provider of cabin crew training simulators, will manufacture an A321NX Extended Over Wing Exit Trainer for Aer Lingus. The high fidelity custom-built trainer will enable Aer Lingus’s cabin crew to be comprehensively trained to the highest standards of passenger service as well as all Safety and Emergency Procedures (SEPs) associated with the real
Airbus has signed a Memorandum of Understanding to the Thailand’s Civil Aviation Training Center (CATC) to collaborate on the training of pilots and maintenance training. The two will identify means of deeper cooperation for training aviation professionals in Thailand, subsequent to an existing arrangement where Airbus is working with CATC on basic maintenance training. The
SWISS is expanding its route network from Geneva by offering a new connection to Larnaca (Cyprus) from July 3. This coastal resort joins the list of new summer destinations announced by SWISS in December. Swiss International Air Lines (SWISS) is adding the Cypriot city of Larnaca to its destinations departing from Geneva, offering its passengers
On January 18, 2019, Finnair has signed a binding €175 million syndicated revolving credit facility for general corporate purposes. The coordinating bookrunner and mandated lead arranger for the facility is Nordea Bank. Danske Bank, OP Corporate Bank, Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) act as bookrunners and mandated lead arrangers in the
