IFS, the global cloud enterprise software provider, has named Matthias Heiden as its new Chief Financial Officer (CFO). After a four-year tenure, current CFO Constance Minc will move to the IGT Group level as CFO IGT1, the holding entity of IFS and WorkWave. The appointments of Heiden and Minc follow the fifth-consecutive year of double-digit […]
IFS names Matthias Heiden Chief Financial Officer Read More »
StandardAero’s Helicopter Programs has signed contracts for three new maintenance facilities to become Rolls-Royce RR300 engine Authorized Support Centres (ASC). Alpha Aviation Co (Tokyo, Japan), Helisul Taxi Aereo LTDA (Curitiba, Brazil) and Florida Suncoast Helicopters (Sarasota, Florida) are now strategically aligned with StandardAero to support the RR300 engine in their respective territories. In addition, existing contracts
Boeing will begin production of the first 13 MH-139A Grey Wolf helicopters, following the award of a US$285 million U.S. Air Force contract for aircraft, sustainment and support services. “Advancing the programme from testing and evaluation to production is a major step toward entering the MH-139 Grey Wolf into service and providing the U.S. Air
Boeing begins production of first 13 MH-139A Grey Wolf helicopters Read More »
Lufthansa Technik AG significantly increased both revenue and earnings in the financial year 2022 despite a challenging environment. Adjusted EBIT even set a new record at €511 million (previous year: €362 million, plus 41%). Revenue grew in the financial year 2022 to €5.6 billion (previous year: €4.0 billion, up 39%), the third-best figure in the
LHT increases revenue and earnings in financial year 2022 Read More »
In an attempt to get U.S. carriers to eliminate “junk fees” the U.S. Department of Transportation (USDOT) has confirmed that three airlines will not be charging family seating fees. American Airlines, Alaska Airlines and Frontier Airlines will now include a guarantee in customer service plans. In so doing, they have committed in writing to eliminate
U.S. government puts pressure on its carriers to cancel family seating fees Read More »
Storm Aviation announced the appointment of Kenny Chan as Director of Maintenance. In his new role, Chan will be responsible for the management and development of all line maintenance, light maintenance and AOG services and he will reporting directly to Storm Aviation CEO, Thomas Buckley. He joins Storm Aviation from Cathay Pacific Group, where he
Storm Aviation appoints new Director of Maintenance Read More »
Airbus Corporate Helicopters has won an order for two ACH160 helicopters from India – the first sale of the type in the region. The helicopters will be delivered with the ACH160 Exclusive configuration for business use by the customer who is an experienced helicopter operator. Under the terms of the contract, Airbus Corporate Helicopters will provide a
Airbus Corporate Helicopters wins order for two ACH160 helicopters Read More »
In February, Finnair carried 823,500 passengers, which was 85.9% more than in February 2022 and 0.9% more than in January 2023. Month-on-month figures are, however, not fully comparable as there were three fewer days in February. As the COVID-19 pandemic impacts is fading, passenger traffic figures for Finnair have improved year-on-year. The negative impact of
Finnair carries 85.9% more passengers in February 2023 Read More »
Air Lease Corporation (ALC) has signed long-term lease placements for three new Airbus A350-900 wide-body aircraft with Air France. The aircraft are scheduled to deliver to Air France in the second quarter of 2024 from ALC’s order book with Airbus. “This strategic lease placement of three new A350-900s is another important step in the long-haul fleet
Air Lease Corporation and Air France sign lease placements for three Airbus A350-900s Read More »
Chorus Aviation has released that Colin Copp has officially begun his tenure as President and Chief Executive Officer of Chorus following the retirement of Joseph Randell. Copp has also been appointed to the Chorus Board of Directors in place of Randell who stepped down from the board concurrent with his retirement. “Colin has been an
