Precision Aviation Group acquires Aero Technology

Precision Aviation Group (PAG), exclusive provider of ISMRO (Inventory Supported Maintenance Repair & Overhaul), reported the acquisition of Long Beach, CA based Aero Technology (ATI).  ATI is a Global MRO Services provider of Accessories, Avionics, and Instruments to the Commercial Transport, Military and Regional Airline markets.  David Mast, President & CEO of PAG stated, “The acquisition […]

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ExecuJet Aviation Group’s sales continue to grow through 2011

Swiss-headquartered, ExecuJet Aviation Group reported a continued growth in new and pre-owned aircraft sales since the beginning of the year, and is predicting the trend will continue well into 2012. Year on year figures show its deliveries in 2011 increased by almost 100%, with aircraft sales revenues up by 90%. “We’ve never been busier, margins

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MNG Technic begins passenger-to-freighter conversion

9 years after the first C-check MNG Technic undertakes another major task to improve its capability and be a leader in the Turkish civil aviation sector. MNG Technic will convert three Airbus A300-600 passenger aircraft into freighter configuration belonging to MNG Airlines. The conversion of the first aircraft has began on September 19th and will

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Boeing, US Army open newly renovated CH-47 Chinook production facility

Boeing and the U.S. Army announced the opening of the newly renovated H-47 Chinook manufacturing facility on September 21. The event coincided with the 50th anniversary of the H-47 Chinook’s first flight. The factory renovations will allow Boeing to increase Chinook production rates to six aircraft per month, up from the current rate of four per month.

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Baltic Aviation Academy launches Airbus A320 full flight simulator in Vilnius

Baltic Aviation Academy (BAA), a Type Rating Training Organization, launched Airbus A320 Full Flight Simulator in the aviation centre premises in Vilnius, on September 19th. It is the first Airbus A320 full flight simulator in the Baltic States. Before the installment of the A320 flight simulator to the academy’s headquarters, practical BAA’s A320 type rating

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Bombardier to reduce CRJ aircraft production rate

Bombardier has taken a measured decision to reduce the production output of its CRJ aircraft, effective January 2012, to align with current market demand. As a result of mitigation actions, which include employee transfers to other current and in development aircraft programs at Bombardier Aerospace, no manpower impact is anticipated. “Although several sales campaigns for our

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Lockheed Martin F-35 flight test progress report

Lockheed Martin’s F-35 flight test program moves closer to reaching year-end milestones since the last update issued July 26. Since then, the F-35 Lightning II 5th Generation multirole fighter conducted 124 test flights, bringing the total number of flights for the year to 642. Overall, the F-35 system development and demonstration (SDD) flight test remains on

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ACG establishes U.S. $500,000,000 multicurrency Medium Term Note program

Aviation Capital Group (“ACG”) released that it has filed documentation with and received approval from the Singapore Exchange Securities Limited (“SGX-ST”) to issue unsecured Medium Term Notes from time to time which may be denominated in various currencies and listed on the SGX-ST or other stock exchanges. (Unlisted notes may also be issued pursuant to the

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RAK Airways chooses AJ Walter Aviation for full PBH support

A J Walter Aviation continues to develop its business in the Middle East with another service contract, this time with a national carrier of the UAE, RAK Airways. The airline has awarded AJW a three year contract to provide full power-by-the-hour and MBK lease support for its A320 fleet. This new contract will be managed

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