N3 Engine Overhaul Services, the joint venture between Lufthansa Technik and Rolls-Royce in Arnstadt, has announced changes in the management. Carsten Behrens took over the position of CEO in April 2022. He succeeds Nicole Fehr, who managed the Arnstadt plant since 2018 together with CFO Stefan Landes and is now leaving the company as planned […]
Management changes at N3 Engine Overhaul Services Read More »
Japanese-owned, Dublin-based lessor SMBC Aviation Capital has agreed to purchase similarly Dublin-based global aircraft lessor Goshawk Aviation for an enterprise value of US$6.7bn. The deal, once completed will create the largest Japanese-owned aircraft lessor and the world’s second-largest lessor by dint of total assets exceeding US$37 billion, including those aircraft that will be on its
Qatar Airways and Malaysia Airlines have unveiled the roadmap outlining the next phase of their strategic partnership, following Malaysia Airlines’ announcement it is launching a non-stop service from Kuala Lumpur to Doha from May 25. The two partners will significantly expand their codeshare cooperation, allowing passengers to travel the world and enjoy seamless connectivity via
Qatar Airways and Malaysia Airlines unveil enhanced strategic partnership Read More »
Aeronautical Engineers (AEI) has released that EGYPTAIR has signed a contract for an AEI B737-800SF freighter-conversion. The aircraft (MSN: 35560) is scheduled to commence modification in October 2022. Touch labour for the conversion and maintenance requirements will be accomplished by the authorized AEI Conversion Centre, Commercial Jet, in Miami, Florida. EGYPTAIR currently owns three Airbus
AEI to provide EGYPTAIR with its first B737-800SF freighter conversion Read More »
Ryanair Holdings has posted a full-year loss of €355 million (pre-exceptionals), compared to a prior-year loss of €1,015 million. FY22 scheduled revenues increased 156% to €2.65 billion. While traffic recovered strongly from 27.5 million to 97.1 million guests, the delayed relaxation of EU Covid-19 travel-restrictions until July 2021 (Oct. in the case of the UK
Ryanair posts full-year loss of €355 million Read More »
WestJet has appointed Chris Avery, as Vice-President, Commercial Strategy. Avery, a former WestJetter, will join WestJet’s senior leadership team effective immediately. Avery returns to WestJet following five years with Canadian North where he served as President and CEO from 2018 to 2022 and as Vice-President, Customer and Commercial from 2017 to 2018. During his time
Chris Avery to join WestJet as Vice-President, Commercial Strategy Read More »
Panasonic Avionics Corporation (Panasonic Avionics) has announced an agreement with Bamboo Airways to provide its in-flight entertainment and connectivity systems (IFEC) for the Vietnamese airline’s wide-body fleet. Panasonic Avionics is installing its eX3 in-flight entertainment system on the airline’s Boeing 787-9 fleet, with the aircraft entering service on its intercontinental routes to Europe and Australia
Bamboo Airways selects Panasonic Avionics for wide-body IFEC systems Read More »
JetBlue has filed a “Vote No” proxy statement urging Spirit shareholders to vote against the inferior, high-risk and low-value Spirit/Frontier transaction at Spirit’s upcoming special meeting. In addition, JetBlue commenced an all-cash, fully financed tender offer to acquire all of the outstanding shares of Spirit for US$30 per share, without interest and less any required
JetBlue urges Spirit shareholders to ‘vote no’ on Frontier transaction Read More »
Low-cost carrier Norwegian has released its first-quarter results of 2022 in what is a seasonally weakened quarter. Combined with the impact of the Omicron variant of the COVID-19 virus and the effects of the war in Ukraine on the aviation industry the result was an operating loss (EBIT) of NOK849 million, though the company was
Norwegian struggles with fuel prices to limit losses, but protects cash position Read More »
Modern Aviation has executed a definitive agreement to acquire Superior Aviation Company’s (SACjet) three Sacramento, CA FBO operations from Sacramento International Jet Center Incorporated (operating as Capitol Jet Center) at Sacramento International Airport, Mather Jet Center, Inc. (operating as Mather Jet Center) at Mather Airport, and Patterson Aviation Company (operating as Executive Jet Center) at
Modern Aviation to acquire three Sacramento, CA FBOs Read More »
