Exchange Income Corporation , a diversified, acquisition-oriented company focused on opportunities in two sectors (aviation and manufacturing), announced that its subsidiary, Provincial Aerospace, has been awarded a 5 year In-Service Support contract with an existing Middle East client. This contract is expected to generate additional revenues of in excess of $150M over the 5 years. “We are...
Rolls-Royce today marked the official opening of its £30m Production Facility extension to its Derby Assembly & Test Facility with a ceremony conducted by Business Secretary Sajid Javid. The 2867m2 extension will increase capacity to assemble Trent civil aero engines and become the production hub for the Trent XWB, the world’s most efficient large aero engine and the fastest-s...
Students at the Masdar Institute are helping the country’s oil and gas sector tap the fuel potential of Abu Dhabi’s mangroves. Mohamed Rashid Al Ghailani, 23, of Oman, is a postgraduate student taking part in the institute’s integrated seawater energy and agriculture system (Iseas) project. “Iseas is a system where we produce food as well as biofuels and other marketa...
LORD Corporation has signed AOG Heliservices, a leader in helicopter part sales, overhaul maintenance and other support solutions, as a global distributor for LORD elastomeric helicopter components. Established to provide added solutions for customers worldwide, the strategic partnership will enable AOG Heliservices and LORD to help reduce direct operating costs (DOCs), as well as improve servi...
Russian Earth remote sensing satellite constellation will be expanded to 15 spacecraft by 2020; it will help strengthen the country’s position at the global market in the geo-information products and services segment. It was stated at the plenary session of the XIII All-Russian open conference “Contemporary issues in the area of Earth remote sensing”, which was held on November 2...
ATR, the world’s leading turboprop manufacturer, is pleased to announce the opening of a Representative Office in Beijing, a new milestone in its long history of cooperation with China. For nearly 20 years China has been a strategic partner and supplier for ATR. Key airframe sections and some components of the wings of ATR aircraft are produced by Xian Aircraft Company (XAC...
LIAT, The Caribbean Airline, will launch a new service from Barbados to Trinidad early next year. Starting January 18, LIAT will fly nonstop daily from the Grantley Adams International Airport to Piarco International Airport. The flight will depart Barbados at 13:00 and arrive in Trinidad at 14:00. The return flight will leave Trinidad at 14:30 and arrive in Barbados at 15:30. Tick...
A new white paper from global wealth intelligence authority Wealth-X and the international business aviation consultancy reveals keen insights about ultra-high-net worth (UHNW) Middle Eastern private jet owners, reports Barbara Saunders The report profiles the UHNW Middle Eastern jet owner, their preferences and the business aviation opportunity in the region. There are 5,975 UHNW individual...
Flydubai has signed a long-term contract with Joramco, which will provide the carrier with airframe maintenance solutions for its 50 Next-Generation Boeing 737-800 aircraft. The contract lasts until December 2017, extending a partnership initiated in 2013, and will include C checks, EIS (Entry Into Service) and lease hand backs for the entire fleet. “Joramco has provided exce...
Formula 1 cars have started to arrive at Abu Dhabi International Airport, in preparation of this weekend's race. Many flights of the eight scheduled flights have landed from Brazil, where the previous race had been held. The Formula 1 Etihad Airways Abu Dhabi Grand Prix will take place next weekend at Yas Island, marking the final race of the 2015 Formula 1 season.
Copa Airlines took delivery of the 100th airplane to join its fleet, a Boeing 737-800 decorated with a special decal celebrating the airline achieving this important milestone. The airplane, leased from SMBC Aviation Capital, flew from Seattle to its Panama City home base, where it was welcomed by a special ceremony. "We are proud to celebrate this historic achieveme...
Strata Manufacturing will not become Airbus’ sole provider of A330 and A340 ailerons until 2017, a year after the original contractual agreement, following a request by the planemaker to push back the schedule. Saif Al Dabashi, Senior Operations Manager at Strata, told Gulf News on Monday Airbus has asked the composite plane parts maker to delay the timeline by one year because of a &ldqu...
