ST Engineering divests shares in Airbus Helicopters Southeast Asia

Singapore Technologies Engineering (ST Engineering) has announced the divestment of 25% equity interest in its indirect associates, Airbus Helicopters South East Asia (AHSA) to the joint venture partner, Airbus Helicopters SAS (Airbus Helicopters) of France. The consideration for the 25% stake is €9.125 million (approximately S$14 million) which will be paid wholly in cash. AHSA […]

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Bombardier confirms closing of C Series transaction

The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE, Bombardier and Investissement Québec came into effect on July 1, 2018. Airbus now owns a 50.01% majority stake in C Series Aircraft Limited Partnership (CSALP), while Bombardier and Investissement Québec (acting as mandatory for the government of

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Austrian low-cost market heats up as IAG enters the frame

IAG is to become the fourth low-cost carrier to operate out of Vienna with an Air Operator Certificate issued by the Austrian Civil Aviation Authority. The Group, which owns British Airways, Vueling and Iberia, among others, has announced the creation of a new low-cost carrier, LEVEL, which will service short-haul routes from the Austrian capital.

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Airbus’ newest widebody A330neo in Mauritius for the first time

Airbus’ brand new A330neo has landed in Mauritius for the first time on June 30, as part of the final phase of test flights leading to the Type Certification of its latest mid-size widebody airliner. The aircraft, an A330-900 painted in the livery of launch operator TAP Air Portugal, had arrived at Sir-Seewoosagur-Ramgoolam International Airport

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TRUEAERO Asset Management completes first Boeing 777 C-check

TRUEAERO Asset Management (TAAM) has completed its first Boeing 777 C-Check. The aircraft, a Rolls-Royce Trent 800-powered 777-200ER, underwent the major inspection event, which was completed over 45 days between February and March, as part of a transition to a new lessee. TAAM provided contractual oversight services on behalf of the aircraft’s owner, with deployment

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After Australia, U.S. carriers now targeted by China over Taiwan spat

Six months after Australian Carrier Qantas was forced to amend its website details, removing any reference to Taiwan being a separate country to China, American carriers are now in the crosshairs of the Chinese government as it looks to enforce its One China Policy. While territories such as Macau and Hong Kong are accepted as

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ERA welcomes revised EU aviation safety regulation and rules for civil drones

ERA (European Regions Airline Association) has welcomed the adoption of the updated EU aviation safety rules by the European Council which aim to increase efficiency and lower costs, while bringing greater competitiveness and less administration for airspace users. The new rules include first ever EU-wide rules for civil drones of all sizes. ERA supports any

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