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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 […]

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

flydubai, Dubai’s first low cost airline, became a reality on Monday, June 1, 2009, when its first commercial flight took off. The first flight, which was to the Lebanese capital, Beirut, was closely followed by flights to Amman, Jordan, on June 2, Damascus, Syria, on June 8 and Alexandria, Egypt, on June 9, giving the

TNT Airways and Sabena technics have agreed to set up a joint venture company (JV) with the aim to provide a full range of line and light maintenance services to TNT

SR Technics has succeeded in reducing the average downtime for a variety of aircraft maintenance checks by up to 30%. With this achievement customers can benefit from increased aircraft availability, generate considerably more revenue and lower maintenance costs. These downtime improvements are part of SR Technics

Aircraft End-of-Life Solutions (AELS) is offering the aviation industry an environmentally friendly solution in cooperation with Recylux near Maastricht Aachen Airport. AELS will provide aviation maintenance companies with a guaranteed destruction of, and optimal revenue from unsalvageable components. This process with maximum green recycling of materials is named MRO End-of-Life. The unique process of the

A new joint venture for the repair and overhaul of jet engine nacelles in the Middle East region has been created by Air France Industries and Aircelle, Safran group. This 50/50 joint venture is to be based at Dubai

Macquarie AirFinance has become the first leasing company to achieve the TRUEngine designation for CFM56-5B and CFM56-7B engines in its portfolio. AirTran Airways has also achieved TRUEngine status for 102 of the CFM56-7B engines powering the airline

Honeywell released that they have been selected as one of the 15 industrial companies, Air Navigation Service Providers and Airports that joined Eurocontrol and the European Commission in the Single European Sky Air Traffic Management (ATM) Research Joint Undertaking (SESAR JU). The SESAR JU represents the technology pillar of the Single European Sky, an initiative

The Tata Group and Sikorsky Aircraft Corp. completed an agreement for Tata Advanced Systems Limited (TASL) to manufacture Sikorsky S-92 helicopter cabins in India. The first cabin is scheduled for delivery in late 2010 from a new greenfield facility that TASL will construct at Hyderabad in the state of Andhra Pradesh. Tata Advanced Systems is