ST PAE Holdings announces shareholding changes

ST PAE Holdings (ST PAE), a  subsidiary of ST Aerospace, reported that it has entered into an agreement with Aviation International Engineering Services (AIRS) to transfer the latter’s 50% stakes in Aerospace Engineering Services and AES Unit Trust to ST PAE for considerations of A$6.00 (approximately S$7.92) and A$416,393.40 (approximately S$549,514.37) respectively. Following the transaction, AES, which is the […]

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Vector Aerospace awarded Design Approval Organisation Scheme certification

Vector Aerospace UK, a leading provider of aviation maintenance, repair and overhaul (MRO) services, has been awarded the MoD’s Design Approval Organisation Scheme (DAOS) certification after a successful audit process undertaken by the Military Aviation Authority on behalf of the MoD. The scheme aims to provide a level of assurance to Project Teams that approved

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Cyprus Airways extends PBH support from A J WALTER Aviation

Cyprus Airways has once again chosen A J Walter Aviation to provide a full power-by-the-hour support service for its fleet of eleven A319 and A320 aircraft. AJW has been delivering PBH support to Cyprus Airlines since 2009 and this contract further extends that relationship into 2016. Cyprus Airways operates out of Larnaca to over twenty

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LAN and TAM announce new synergy estimate for LATAM Airlines Group

LAN Airlines S.A. and TAM S.A. announced a revised estimate of the synergies expected to be achieved through the merger of the two airlines to create LATAM Airlines Group S.A. LAN and TAM estimate that the combined synergies arising from the proposed combination could increase LATAM Group’s annual operating income over time by between US$600m and

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Vueling announces €325m investment at El Prat

Vueling has announced an investment of €325m at Barcelona’s El Prat Airport, with the addition of five new aircraft to its fleet – four Airbus A320s and one Airbus A319.  This represents the biggest investment by Vueling at the Catalan Airport since its merger with clickair in 2009. With the new aircraft, Vueling will have a total fleet

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