Following the abrupt pandemic-induced plunge in preowned aircraft sales in March 2020, members of the International Aircraft Dealers Association (IADA) experienced a rising wave of transactions, highlighted by a fourth quarter surge of 554 closed deals. IADA began tracking sales metrics in April on a monthly basis as a result of the volatile used aircraft sales transactions caused by the impact...
AvAir has acquired Airbus A320 rotable pool from HAECO ITM Limited, a member of the HAECO Group. The HAECO Group is one of the world's leading aircraft engineering and maintenance service providers. HAECO ITM provides services ranging from flexible inventory pooling options, Power-By-The-Hour support services and repair management to ad-hoc loans, exchanges and worldwide AOG support....
Exceptional Capital Strength Positions Avolon for 2021 Dómhnal Slattery, CEO Avolon, commented: “2020 was the most challenging year the commercial aviation industry has ever faced. The level of airline distress truly tested the resilience of the leasing sector business model. Through Avolon’s decisive actions to reduce our capital commitments, strengthen our liquidity an...
ST Engineering announced that it has entered into a 10-year agreement with Honeywell Aerospace that will see the Group appointed as the only licensed MRO service provider based in Asia Pacific for Honeywell components installed on the LEAP-series engines. Under the agreement, ST Engineering is appointed to provide component MRO and warranty repair services to all Asia Pacific operators for Ho...
Etihad Aviation Training (EAT) has signed a contract with Israir Airlines to offer Full-Flight Simulator pilot training for Israir Airlines’ Airbus A320 pilots. As part of the agreement, Israir will dry lease EAT’s Full-Flight Simulators at the training facility located in Abu Dhabi. The training will be conducted by Israir instructors at the Etihad training facility. Captain Pao...
Muncie Aviation Company announced the acquisition of Des Moines Flying Serviceof, a step that merges two of the longest-standing Business and General Aviation sales and service centers in the world.The transaction was completed on January 1st, 2021. BCC Advisers of Des Moines assisted with this transaction. Established in 1939 by Howard Gregory, DMFS has evolved into one of the larges...
Hong Kong-based Metrojet Limited is the first MRO to have completed the installation of the Bizjet Mobile System on a Bombardier Global 5000 aircraft. The Bizjet Mobile System provides a platform for the passengers and crew members to communicate via mobile devices while on board, without the need of setting up a broadband system and network for the aircraft. On-site support fro...
Airbus SE delivered 566 commercial aircraft to 87 customers in 2020, in line with the production adaptation plan set out in April 2020 in response to the COVID-19 pandemic. In 2020, deliveries comprised: 2020 (including) 2019 (including) A220 Family 38 48 &...
In order to provide passengers and employees of the companies working at the Airport with additional opportunities to take Covid-19 test conveniently, E.Gulbis Laboratory contactless Covid-19 testing point was opened at Riga Airport. At the mobile testing point of E.Gulbis Laboratory, which is located at the exit of arrivals hall E, Covid-19 test can be taken by travellers, Airport guest...
Baldwin Safety and Compliance has launched its new Alaska Aviation Safety Exchange SMS/QMS program customized for the Alaska aviation community. Alaska Seaplanes, an FAA part 135 commuter airline based in Juneau, Alaska, has rolled out their new SMS program using this scalable Baldwin program. The Alaska Aviation Safety Exchange features easy-to-use software that enables customi...
Bell announced the delivery of a Bell 505 to the Fort Worth Police Department. Bell executives and city officials celebrated this delivery at the police department’s hangar at Meacham Airport to mark a 70-year relationship between Bell and Fort Worth. The Fort Worth Police Department currently operates two Bell 206 Jet Ranger aircraft; the addition of the Bell 505 will provide exce...
Since July 2020, Deutsche Lufthansa AG has raised a total of around 500 million euros by using aircrafts as security in eight financing transactions. This enabled the Group to secure additional funds on top of the 1.6 billion euros raised via a convertible bond and a corporate bond. The five Airbus A350s and three aircraft from the A320 family were used as securities for various financing instr...
Centreline AV Limited, a PASL business, has acquired the trading name and key assets of Capital Air Ambulance from the Rigby Group. The deal sees Centreline acquiring two King Air 200 series aircraft, ground ambulances and a significant suite of specialist medical equipment as part of PASL’s strategy for growth where significant synergies with existing operational activities can co...
As promised, we are back for Episode 3 of the interview with Cdr. Bud Slabbaert. Once again, we are discussing the full concept and vision for Caribbean Airlift. Q. We've discussed already some very important points of step-by-step development and now can you share with us your vision CARIBAVIA Airlift Council? A. CARIBAVIA Airlift Council is an independent and impartial entit...
Congratulations airBaltic! Skytrax has awarded Latvian airline a five–star COVID-19 safety rating. After performing a thorough audit in December 2020, airBaltic has become the first airline to receive the highest COVID-19 Safety Rating. Martin Gauss, Chief Executive Officer of airBaltic: “The health and safety of our passengers and employees stand above all....
The U.S. Department of Transportation and the Federal Aviation Administration issued a final rule (PDF) to facilitate the safe development of civil supersonic aircraft. The rule streamlines and clarifies procedures to obtain FAA approval for supersonic flight testing in the United States. “Today’s action is a significant step toward reintroducing civil super...
Wheels Up announced the acquisition of Mountain Aviation, the largest and growing Part 135-operated Citation X fleet in the United States, with bases in Denver, Teterboro, and Southern California. The acquisition accelerates Wheels Up's platform to better serve increasing flight demand from its rapidly growing membership and charter marketplace. Mountain Av...
JET MS announced receiving approval to conduct MRO services on Embraer ERJ135, Embraer ERJ145, Embraer Legacy 600 and Embraer Legacy 650. The introduction of the aforementioned aircraft types into JET MS operations is a meaningful step for the company. One of the most important reasons to expand our services portfolio with these particular types, is that we must respond to our custome...
WestJet announced its intent to return its fleet of 737 MAX aircraft to passenger service in a phased and transparent approach. The airline's plans follow an announcement from Transport Canada (TC) on December 17, 2020 where TC safety experts validated the aircraft design changes and outlined requirements for Canadian carriers. Transport Canada's validation followe...
Did you know Bell offers an extension of our world-renowned U.S. training academy experience in beautiful Valencia, Spain? Combining our world-class expertise with advanced simulations and experienced instructors, Bell’s programs equip pilots with the tools they need to master vertical lift. Our top-quality simulator mimics emergencies and malfunctions in adverse conditions that are imp...
Amazon announced its first-ever purchase of eleven Boeing 767-300 aircraft, expanding its fleet to continue to serve customers. The purchases include seven aircraft from Delta and four aircraft from WestJet, which will join the network by 2022. Amazon Air’s fleet expansion comes at a time when customers are relying on fast, free shipping more than ever. “Our goal is to continue deli...
