Other

European Commission approves tie-up between Lufthansa and Brussels Airlines

Green light for Lufthansa and Brussels Airlines: the European Commission has granted regulatory approval for the tie-up of the two airlines. The decision paves the way for Lufthansa to acquire an initial 45% stake in SN Airholding SA/NV, the parent company of Brussels Airlines. Clearance from the EU competition authority will also give Lufthansa an […]

European Commission approves tie-up between Lufthansa and Brussels Airlines Read More »

Air Canada reaches agreement with CUPE on collective agreement extension

Air Canada has reached agreement on a collective agreement extension with CUPE that represents the airline’s approximately 6,700 flight attendants. The contract extension agreement, together with the pension moratorium agreement reached June 15th with CUPE, are subject to membership ratification. The airline has now concluded agreements on a cost neutral basis for collective agreement extensions

Air Canada reaches agreement with CUPE on collective agreement extension Read More »

Airbus establishes research cooperation agreement with JAXA

Airbus announced the signature of a cooperation agreement with Japan Aerospace Exploration Agency (JAXA) on the cooperative research activities in the field of composite materials. This agreement marks the first ever research cooperation between Airbus and a Japanese aerospace agency. Two areas already identified are VaRTM (Vacuum assisted Resin Transfer Moulding) evaluation and NDI (Non-destructive

Airbus establishes research cooperation agreement with JAXA Read More »

Argentina invests to modernize national airlines

The Government of Argentina has begun an extensive effort to modernize the national airline Aerolineas Argentinas and domestic carrier Austral. President Cristina Kirchner unveiled a new Boeing 737/700 last week, the first new airplane bought for Aerolineas Argentinas in 16 years. The airline and its sister airline Austral were nationalized in December 2008 to maintain

Argentina invests to modernize national airlines Read More »

Valliere Aviation is about to create a new maintenance unit in Tunis

Valliere Aviation Group (holding of Europe Aviation) and Tunisair have signed an agreement which should lead to the creation of a common maintenance company in Tunis in the next 18 months. Europe Aviation, from the Valliere Group, provides a large scope of maintenance services on both Airbus and Boeing aircraft from line maintenance to Total

Valliere Aviation is about to create a new maintenance unit in Tunis Read More »

IAI and Airbus to develop environmentally conscious taxiing system

Israel Aerospace Industries (IAI) and Airbus have signed a Memorandum of Understanding (MoU) at the 2009 International Paris Air Show to jointly develop and test an innovative environmentally friendly pilot-controlled towing semi-robotic system. The Taxibot Dispatch Towing system, designed by IAI, allows both wide and narrow body commercial airplanes to taxi to and from the

IAI and Airbus to develop environmentally conscious taxiing system Read More »

GreenStone Aviation launches to help fill airline funding gap

GreenStone Aviation, a commercial aircraft leasing company, has announced that it has been capitalised with over $100 million in equity. GreenStone will focus exclusively on the sale/leaseback of newly-delivered commercial aircraft ordered by major airlines. The company is backed by leading private equity investors and led by John S. Slattery, the former head of RBS

GreenStone Aviation launches to help fill airline funding gap Read More »