SimHelp.com started partnership with ASSL

Baltic Aviation Academy’s full flight simulators’ maintenance and repair services branch Simhelp.com has signed a contract with Aircraft Simulation Services Limited (ASSL). According to the contract, ASSL will be delivering consultancy services to SimHelp.com customers. Services include simulator facility design, assessment of customer demand and existing training devices and certification support. Launched in June 2012, […]

SimHelp.com started partnership with ASSL Read More »

UTAir selects CFM56-5B engine to power new A321 aircraft

Aircraft & Engines, Top Stories / Leave a Comment

UTAir Aviation (UTAir), one of Russia’s leading airlines, has selected CFM International’s CFM56-5B engine to power its new fleet of 20 Airbus A321 aircraft. The engine order is valued at $420 million U.S. at list price and the airline is scheduled to begin taking delivery in 2013. The aircraft order was announced at the Farnborough

UTAir selects CFM56-5B engine to power new A321 aircraft Read More »

REVISA Group completes First Wave Brasil acquisition

Other News, Top Stories / Leave a Comment

Revisa Group continues its expansion plan and finalizes the acquisition of First Wave Brasil, a former subsidiary of First Wave (USA) and one of the leading composite manufacturers providers to the aviation and defense industries, in particular to EMBRAER. With this acquisition, Revisa Group now adds manufacturing business to its already established MRO services thru

REVISA Group completes First Wave Brasil acquisition Read More »

Commsoft’s hosted OASES programme wins first three customers

Other News, Top Stories / Leave a Comment

Commsoft, developers of one of the world’s leading aviation engineering and maintenance systems, is continuing to enjoy significant success with its hosted OASES programme. Three currently unannounced customers, including a regional airline in Europe and two airliner corporate shuttle operators in the U.S.A. have already signed for OASES in 2012, with two having gone live

Commsoft’s hosted OASES programme wins first three customers Read More »

Qantas cancels order for 35 B787-9s

Aircraft & Engines, Top Stories / Leave a Comment

The Qantas Group will restructure its Boeing 787 aircraft delivery schedule as part of the five-year Qantas International turnaround plan. Deliveries of 15 B787-8s to Jetstar will continue as planned, with the first aircraft to arrive in the second half of 2013. This will enable the transfer of Airbus A330 aircraft from Jetstar to Qantas

Qantas cancels order for 35 B787-9s Read More »

DVB Bank SE places second €500m senior unsecured benchmark issue in 2012

Financial / Leave a Comment

DVB tapped the financial market with a five-year €500m transaction. This was the Bank’s second euro-denominated senior unsecured benchmark issue in 2012, following its inaugural three-year €500m benchmark transaction in May. Wolfgang F. Driese, CEO and Chairman of the DVB’s Board of Managing Directors, commented: “This very successful transaction highlights DVB’s strong recognition in the

DVB Bank SE places second €500m senior unsecured benchmark issue in 2012 Read More »

airBaltic to improve result by LVL 50m in 2012

Airlines & Routes / Leave a Comment

For the January to June period, airBaltic achieved +50% improvement of its net result, compared to the same period a year ago; this is also a better result than originally planned in airBaltic ReShape programme. In the first six months of the year airBaltic operated 23 750 flights, or -15% fewer than a year ago,

airBaltic to improve result by LVL 50m in 2012 Read More »

Qantas reports 2011/2012 net loss of $244m

Financial / Leave a Comment

Qantas Group reported underlying profit before tax of $95m for the year ended 30 June 2012. The result was materially impacted by record high fuel costs ($4.3bn, up $645m) and industrial action culminating in the grounding of the Qantas fleet ($194m). There were also one-off costs of $398m, which are not included in Underlying PBT,

Qantas reports 2011/2012 net loss of $244m Read More »

Duncan Aviation named GE authorized service center for CF34-3 engines

MRO & Production, Top Stories / Leave a Comment

GE Aviation has named Duncan Aviation as an authorized service center for GE’s CF34-3 engines that power the Bombardier Challenger series. Under this agreement, Duncan Aviation can perform line maintenance and engine maintenance, including front-end and hot-end entry, as well as provide OnPoint solution agreement and warranty support and facilitate access to both GE parts

Duncan Aviation named GE authorized service center for CF34-3 engines Read More »

AWAS appoints Richard Sinclair Vice President Sales for Asia Pacific region

People / Leave a Comment

AWAS appointed Richard Sinclair as Vice President of Sales for the Asia Pacific region. Mr. Sinclair will report to Jon O’Connell Managing Director Asia Pacific Sales, and will be based in AWAS’ Singapore office. Richard joins AWAS from Capital Lease Aviation, a commercial aircraft leasing company where he was most recently its Chief Executive Officer

AWAS appoints Richard Sinclair Vice President Sales for Asia Pacific region Read More »