Airbus urged Britain on Friday to remain competitive for industrial investments after it voted to leave the European Union, as aerospace experts warned it could no longer take for granted a strategic position inside the European planemaker. "The world will not stand still, nor will Europe," Airbus Group Chief Executive Tom Enders said in a statement. "I hope the divorce w...
The Russian and Chinese governments signed an agreement on Saturday to cooperate under a program to build an advanced civilian heavy helicopter. The deal was signed during the official visit of Russian President Vladimir Putin to China. The press service of the Russian Helicopters holding, part of the Rostec state corporation, said the Russian side will provide assistance to the Chinese part...
Call it the new special relationship. The Smithsonian Institution in Washington and Victoria and Albert Museum in London, have signed an agreement for Smithsonian to organise exhibitions at the 2012 Olympics site in the British capital, where V&A will occupy part of a huge campus. The memorandum of understanding represents a landmark collaboration between the two major museums, even though...
Terrafugia’s Transition is a flying car. It’s an awkward, gangly beat, with wings that fold perpendicular to the ground like too-tall sails, and a wide, bubbly cockpit that seems out of place in the sky. It flies, and it drives, and now it has a waiver from the FAA that exempts it from some of the stricter requirements of being a light sport airplane, requirements hard to meet if it is...
A paid US consultant for Boeing advocated for the Iran nuclear deal without revealing his ties to the aircraft maker and its vested interest in the deal’s success. Thomas Pickering, a former US ambassador to Israel (1985-1988), was one of the most persistent advocates for the sanctions relief for nuclear rollback deal, testifying before Congress and writing op-eds. Pickering told...
Volga-Dnepr Technics Moscow (VDTM), part of Volga-Dnepr Technics subgroup – a maintenance, repair and overhaul division of Volga-Dnepr Group, has successfully passed a certification process to become an approved maintenance organization for Sukhoi Super Jet 100 aircraft under Russian Federal Aviation Regulations 285. VDTM is now capable to provide line maintenance, structural repair...
In the month of May JetLease Capital arranged and closed four aircraft financing transactions totaling just over $15,000,000. Details listed below: 1. New Phenom 300 business jet. The transaction was structured as a 6-month bridge loan facility. The client is a high net worth individual/entrepreneur based in the Southeastern United States. 2. 2005 Cessna Sovereign. The transaction was a refina...
Spike Aerospace announced they are evaluating several possible engine options for the S-512 Supersonic Jet. The company is currently working with two engine manufacturers and is in the early stages of discussion with a third engine supplier. Spike Aerospace and the engine manufacturers are identifying existing engine that can be modified to meet the requirements of the Spike S-512 Supersonic Je...
Investigators in the case of the crash of the Falcon jet of CEO of France’s Total oil company Christophe de Margerie at Moscow’s Vnukovo airport in October 2014 believe that the air traffic controllers are to blame for failing to warn the pilots about a snowplough on the runway, which caused the tragedy, the Russian Investigative Committee said on Tuesday in connection with the case re...
UK budget carrier EasyJet is to concentrate on talks with European governments to ensure that its operations are not interrupted by the UK’s decision to break away from the European Union. The airline says its initial aim is to “accelerate” discussions with governments and regulators to make sure that the UK remains within the single European aviation market. Chief executiv...
Gulfstream Aerospace Corp. today announced that a full-scale cabin of the Gulfstream G600 is travelling around the United States this summer to give customers an opportunity to step on board and experience firsthand the comfort, quality and craftsmanship of the G500 and G600. “We’re bringing the G600 cabin and flight deck to our customers and potential customers so we can intr...
Its first direct flight from Belgrade to New York since 1992 New York // Air Serbia, the Balkan airline in which Abu Dhabi’s Etihad Airways holds a 49 per cent stake, has reopened services to New York after a 24-year absence. An Airbus A330 that took off from Belgrade on Thursday morning will touch down later today at John F Kennedy Airport after an inaugural flight that was regar...