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Embraer Legacy Midsize Jet Assembly To Start in U.S. in June

Expansion of Embraer Executive Jets' assembly facility in Melbourne, Fla., to accommodate Legacy 450 and 500 production, in addition to the existing Phenom 100 and 300 lines, is well under way and on pace to be completed in the spring, according to facility managing director Phil Krull. The first U.S.-assembled Legacy 450 is expected to enter the initial build station in June, he noted....

NBAA’s CAM Program Reaches 300

NBAA’s Certified Aviation Manager (CAM) program recently awarded certification to the 300th aviation professional. The milestone recipient, Latitude 33 Aviation captain Jason Herman, pursued the certification to supplement his experience as a pilot, flight instructor and dispatcher, NBAA said. “I've gained experience in several different areas within business aviation, an...

Pre-owned Update: November 2015

Any time I hear a financial news broadcast on CNBC tossing out biblical phrases along the lines of “the four horsemen of the apocalypse” or the term “death cross” to define the bearish environment on Wall Street, I think,This is not good for aircraft sales. In simple terms, the death cross refers to a time when the short-term moving average (such as the 50-day) br...

Airbus Proves More A400M Capabilities, and Eyes Exports

Airbus Defence & Space reported substantial progress in the flight-testing of functions and capabilities for the A400M airlifter. But negotiations with the seven launch partner nations about amending the contract again will continue into next year. In the past 12 months, Airbus has made provision for losses of €841 million ($925.2 million) on the A400M. At...

UTair Resumes Flights to Riga

On November 1, 2015 UTair Aviation will reintroduce regular flights between Moscow and Riga. Flights will be performed daily with Boeing 737-500 airliners in business and economy class configurations from Vnukovo International Airport in Moscow with departure at 18:45 and departure from Riga International Airport at 20:30. One-way airfares start at €99.* “Addition of nonstop UTair...

Falko Regional Aircraft Raises $415m, Exceeds Target

Falko Regional Aircraft Limited (“Falko” or the “Company”), a market leading aircraft operating leasing and asset management company, announces that it completed a $415 million capital raising to be used for investments in leased, regional aircraft globally. The Company significantly surpassed its original target of $300 million. Falko received commitments from a diverse...

Turkish Airlines inaugurates Maputo (Mozambique) flights

Already having the world’s 4th largest flight network and flying to 279 destinations in 110 countries, Turkish Airlines continues to grow by adding a new flight destination. With Maputo (Mozambique) flights, its destinations in Africa have been increased to 45. Turkish Airlines, ranked the “Best Airline in Europe”* for the fifth consecutive times adds Maputo to its global netw...

Lufthansa Technik Puerto Rico celebrates Grand Opening of new facility

In a Grand Opening ceremony Lufthansa Technik and the Commonwealth of Puerto Rico have now celebrated the achievement of the operational status of Lufthansa Technik Puerto Rico (LTPR). On the occasion of the arrival of the first A320 from JetBlue Airways, the second launching customer of LTPR, a further overhaul line of the facility was opened on-time. The presence...

S7 Airlines increased the passenger turnover by 11%

S7 Group member airlines summarized the results of their activity in September 2015. The airlines carried 1 057 669 passengers, which is 11.3% more than in September 2014. Passenger turnover growth on domestic routes amounted to 19.7% - during the last month 744 409 passengers used the group airlines’ services. In total the airlines performed 8 179 flights, which...

Four Yak-152 aircraft will be ready for testing in summer 2016

A pilot batch of Yak-152 trainer aircraft designed for training cadets of the air force academies and DOSAAF will be manufactured by July 2016, Interfax-AVN reports with reference to a source close to the military-industrial sector. “Under a state contract the first four test aircraft must be manufactured by Irkutsk Aviation Plant by June 30th 2016,” the source said. He noted t...

Skydive Dubai purchase Twin Otter Series 400 from Viking Air

Skydive Dubai has purchased a Twin Otter Series 400 from the aircraft manufacturer, Viking Air Limited, of Victoria, British Columbia, Canada. The Series 400 Twin Otter aircraft is scheduled to arrive in Dubai prior to the start of the World Air Games being hosted by Skydive Dubai on November 30th, 2015, and will be welcome addition to the company's existing fleet of legacy Twin Otters util...

MENA Aerospace to take part in Dubai Airshow 2015

MENA Aerospace is to participate in this year's Dubai Airshow, marking the second time the company has taken part in the prestigious event. A total of six divisions of MENA Aerospace will be attending the event: MENA Aviation Real Estate, IJM MENA, SA MENA Avionics, MENA Trading & Agencies and MENA Consulting Services.  “Dubai Airshow is the perfect showcase for a company...