Time is finally running out for Air Berlin

When Air Berlin, Germany’s second-largest airline, filed for bankruptcy protection, the stricken carrier was given a government bridging loan of €150 million (US$177 million) to keep it operational while a buyer, or buyers were sought. It was hoped that the carrier would prove more attractive if it remained operational and the loan was intended to […]

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Air France and Vietnam Airlines sign new joint venture agreement

Air France and Vietnam Airlines have reported the signing of a strategic partnership allowing the two airlines to optimize their services between France, Europe and Vietnam and to strengthen their position in a buoyant but highly competitive market. The new agreement strengthens a long-standing partnership between the two airlines. By partnering to jointly improve the

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Embraer delivers 25 commercial and 20 executive jets in third quarter 2017

During the third quarter of 2017, Embraer has delivered 25 jets to the commercial aviation market and 20 jets to the business aviation market, of which 13 were light jets and seven were large jets. On September 30, Embraer’s firm order backlog totaled US$18.8bn, above the US$18.5bn of the previous quarter. The main highlights of

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Air Canada extends slide and inflatable maintenance contract with AJW Technique

Air Canada has extended its slide and inflatable maintenance contract with AJW Technique, the maintenance hub for the AJW Group’s global component repair and overhaul service. The long-term extension was awarded to AJW as a result of implementing several successful innovative supply chain management programmes for Air Canada, including asset management and leasing, inventory solutions

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AviaAM Leasing leases Airbus A321 to Yamal Airlines

AviaAM Leasing has announced the delivery of one Airbus A321-211 to its long-standing partner Yamal Airlines. The aircraft was leased to the carrier under an operating lease agreement for the term of 6 years. Prior to the aircraft delivery, AviaAM Leasing has conducted a comprehensive set of works, including a 12 year check, cabin refurbishment

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MTU and German Armed Forces conclude maintenance framework agreement

Over the next five years, MTU Aero Engines will maintain TP400-D6 engines from the Airbus A400M military transport aircraft for the German Armed Forces. The framework agreement is between the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) and MTU. Maintenance of the German A400M engines takes place on several maintenance levels:

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Vector Aerospace signs PT6A service agreement with Australian aeromedical provider CareFlight

Vector Aerospace has entered into an agreement with CareFlight to provide the Australian aeromedical operator with Pratt & Whitney Canada (P&WC) PT6A engine services. CareFlight, headquartered in Sydney, NSW, uses helicopters, turboprops and business jets to transfer patients from accident scenes and between hospitals. Under the terms of the multi-year agreement, Vector will provide comprehensive

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