Aviator Finland introduces fully electric tow vehicle to operations

Aviator, a Nordic one-stop shop for aviation ground handling services, has introduced Kalmar FB600EL, a fully electric tow tractor for pushback and maintenance towing of wide-body aircraft, to Aviator Finland operations, increasing its bases operational capability and reducing Aviator’s environmental footprint. The fullyelectric sixty-ton conventional tractor increases Aviator Finland’s capability within wide-body operations and is […]

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Cebu Pacific adopts cloud-based FLYdocs® platform to digitize aircraft records

Information Technology

Cebu Pacific, the largest carrier in the Philippines, has selected the FLYdocs® Aircraft Records Management platform for its fleet of 66 aircraft. The agreement will see the founding member of the Value Alliance adopt a fully paperless approach to its records management. The FLYdocs® platform has an enhanced integration with leading planning and maintenance software, AMOS, to seamlessly interface the two systems

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ATR reveals recovery plan for 2021 and beyond

Aircraft & Engines, Top Stories

Based at Toulouse Blagnac airport in France, ATR (Aerei da Trasporto Regionale or Avions de Transport Régional), the aircraft manufacturer has revealed its plans for 2021 and beyond for dealing with the devastating effects of the COVID-19 pandemic on the aerospace industry as a whole. 2020 was not such a disastrous year for ATR as

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Europe’s aviation sector welcomes Digital Green Certificate proposal

Uncategorized

Europe’s aviation sector welcomed the proposal by the European Commission for a Digital Green Certificate system. This proposal requires EU States to issue common, inter-operable and mutually recognized certificates for COVID-19 vaccination, testing, and recovery status that will facilitate free movement during the COVID pandemic and support the restart of travel. Industry associations Airlines for

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IAI and Aviatic to establish aircraft maintenance center in Lithuania

MRO & Production

Israel Aerospace Industries (IAI) has signed a Memorandum of Understanding (MOU) with Aviatic MRO UAB for a strategic cooperation in establishing an aircraft maintenance center at the Siauliai Airport, Lithuania. The new site will provide aircraft maintenance and overhaul services, the conversion of B737NG passenger airplanes into cargo configuration, and the training, certification, and licensing

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IAI financial year 2020 net income increased 48%

Financial

Israel Aerospace Industries (IAI), Israel’s largest national military and civilian security defense company, has issued its consolidated financial statements for the year ended December 31, 2020. The company’s revenues in 2020 reached a record of US$4,184 million, representing the highest sales revenues ever recorded in company history, compared with US$4,108 million in 2019. The increase

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EU Commission approves hybrid loan by the State of Finland to Finnair

Financial

Finnair and the State of Finland have signed an agreement on a hybrid loan of maximum €400 million to support Finnair. The decision was made by the Plenary Session of the Government on February 18, 2021. The arrangement has the approval of the EU Commission’s competition authority in line with the European Union’s state aid

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MHIRJ teams up with IBM to build its consolidated aviation business on the cloud

Information Technology

IBM and MHIRJ, the Montréal-based aviation group created from the acquisition of the Bombardier CRJ Series program by Mitsubishi Heavy Industries, announced their collaboration to build MHIRJ’s consolidated business on the cloud. MHIRJ, which provides aircraft maintenance, repair and overhaul services, has chosen to deploy the SAP S/4HANA ERP solution hosted on the IBM cloud

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Fraport retains positive outlook despite posting €690 million 2020 fiscal year loss

Financial, Top Stories

Fraport AG Frankfurt Airport Services worldwide (Fraport) has released its financial results for fiscal year 2020, ending December 31. For the first time in 20 years net profit for the Group dropped into negative territory at €-690.4 million, despite the implementation of extensive cost-cutting measures. Group revenue decreased by 54.7% year-on-year to €1.68 billion. Adjusting

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Leonardo announces launch of Leonardo DRS IPO for a minority stake

Financial

Leonardo’s wholly owned subsidiary in the U.S., Leonardo US Holding, has launched its initial public offering (IPO) for a minority stake of Leonardo DRS, (DRS) common shares. The initial public offering consists of 31,900,000 shares of DRS common stock to be offered at an anticipated initial public offering price range of between US$20.00 and US$22.00

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Aviator Finland introduces fully electric tow vehicle to operations

Cebu Pacific adopts cloud-based FLYdocs® platform to digitize aircraft records

ATR reveals recovery plan for 2021 and beyond

Europe’s aviation sector welcomes Digital Green Certificate proposal

IAI and Aviatic to establish aircraft maintenance center in Lithuania

IAI financial year 2020 net income increased 48%

EU Commission approves hybrid loan by the State of Finland to Finnair

MHIRJ teams up with IBM to build its consolidated aviation business on the cloud

Fraport retains positive outlook despite posting €690 million 2020 fiscal year loss

Leonardo announces launch of Leonardo DRS IPO for a minority stake

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