CAE announced a series of aviation training contracts valued at more than C$250 million with airlines and business aircraft operators worldwide. The contracts include cadet-to-captain training programs, crew resourcing services, and the sale of 12 full-flight simulators (FFS), bringing the total number of FFS sales announced to date this fiscal year to 38. The contracts high...
The Latvian airline airBaltic achieved +10% passenger growth in 2016, and is set to accelerate its growth with +16% of additional tickets or seats on sale in 2017 throughout its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. Chief Executive Officer of airBaltic Martin Gauss: “We are proud that 2016 was a successful year for airBaltic and we are off to a v...
The DART Aerospace EC130 Heli-Utility-Basket has been the only external cargo expansion option of its type since arriving on the market in 2010. When Air Zermatt, world-renowned alpine search and rescue operator and longtime DART customer acquired a H130 (EC130T2), they purchased the DART basket. CEO and pilot with Air Zermatt Gerold Biner described this product as “an indispensable tool for...
On 27th January 2017 TAG Global Training will officially celebrate its landmark 10th birthday. The anniversary will mark the start of a very exciting year ahead and a grand salute to a triumphant decade of delivering premier training to Pilots and Cabin Crew globally. Over the past ten years TAG Global Training has gone from strength to strength, providing ground school training for over 22...
Less than a month is left before the Russian most prestigious business aviation event – the ‘Wings of Business’ Awarding ceremony. The Awards organizing committee is preparing a fantastic show featuring Russian superstars and many surprises to wow the sophisticated audience. The ‘Wings of Business’ Awarding ceremony will take place in the stylish Congress Hall of t...
Agreed Public Cash Offer by Safran of €29.47 per Zodiac Aerospace share and subsequent merger on the basis of 0.485 Safran share (ex-special dividend) for one Zodiac Aerospace share with pre-closing €5.50 per share special dividend to Safran’s shareholders. Unique combination to enjoy global leadership positions across the whole aircraft value chain with a comprehensive range of...
Hong Kong’s flag carrier Cathay Pacific Airways will cut jobs and consider shifting some flights to its short-haul arm after completing the biggest review of its business in two decades, it said on Wednesday. The company laid out the results of the review in a document seen by Reuters that was e-mailed to its 33,700 employees on Wednesday after 350 managers were briefed in an internal mee...
The year 2016 was the record year for Lithuanian Airports: 4.8 million passengers were served and the number of flights reached 52 thousand. The greatest increase was demonstrated by Palanga Airport where the number of passengers has surged by 60 per cent and reached 233 thousand. The CEO of Lithuanian Airports Gediminas Almantas was pleased that last year was the best year for Lithuanian Airpo...
Kenneth has successfully closed his second transaction since joining the JetLease Capital Team! Kenneth has served in financial capacities for over 20 years assuming positions ranging from entrepreneur of his own startup distribution company to being the Chief Operating Officer of a well-respected consulting firm for institutional investors. He deals with firms in alternative finance prima...
Embraer has signed a contract with Widerøe, the largest regional airline in Scandinavia, for up to 15 E2 family jets. The contract consists of three firm orders for the E190-E2 and purchase rights for 12 further E2 family aircraft. This flexible mix of purchase rights for E175-E2, E190-E2, and E195-E2 will give Widerøe the ability to grow their fleet with a family of air...
Avian Líneas Aéreas, the new subsidiary of the South American company Synergy Aerospace, has taken delivery of the first new-generation ATR 72-600 to fly in Argentina. The airline intends to start operations of its new ATR -600 series fleet during the first quarter of 2017, commercially branded as Avianca Argentina, following the carrier’s current certification process. The del...
Bell Helicopter announced significant progress with its customer service – continuing to provide the best customer support in the industry. “In 2016 we launched a brand new support solution, our Customer Advantage Plans (CAP), and strengthened our support network, adding four new service centers across the globe,” said Glenn Isbell, executive vice president, Customer Support a...
Milestone demonstrates Network leadership in providing heavy maintenance Inspection at 96 months is one of the most thorough maintenance events in aircraft’s lifecycle Best-selling Challenger aircraft offer reliability and exceptional cabin comfort Bombardier Business Aircraft reaffirmed its tip-to-tail OEM expertise by announcing its Service Centre Network has complete...
easyJet, Europe’s leading airline, has driven significant success from focusing on business fliers, the customer experience and digital innovation. We have now decided to restructure the team around these key areas, promoting Ian Cairns to a newly created role of Director of Customer and James Millett to a newly combined Director of Digital and Marketing. A key part of Ian’s new rol...
Rolls-Royce announces that it has in principle reached a Deferred Prosecution Agreement (DPA) with the UK Serious Fraud Office (SFO), which was the subject of a preliminary court ruling today. The proposed DPA is subject to final judicial approval and the SFO and Rolls-Royce will appear at court on 17 January 2017 to seek this approval. In addition to the agreement with the&...
Magnetic MRO, Estonian-headquartered Total Technical Care organization and long standing partner of airBaltic, the flag carrier of Latvia, have signed a new maintenance agreement in respect of the wheels & brakes of Q400 and the wheels of CS300. Due to the new and advanced technologies used to manufacture the CS300, the larger variant of Bombardier’s all new C Series aircraft, ai...
As part of its drive to deliver ever greater value to its members and to enhance the profile and reputation of the air charter industry generally, BACA has teamed up with Air Charter Expo (ACE) to deliver the Association’s first ever conference and exhibition. ACE ‘17 takes place at London Biggin Hill airport on 12th September 2017. BACA works hard to find ways in whi...
Daher’s Airplane Business Unit announced the delivery of 54 TBM 900/TBM 930s in 2016, underscoring the success for these latest members of its very fast turboprop aircraft family – which continue to benefit from system enhancements. Two-thirds of the 2016 deliveries involved the TBM 930 version, which incorporate Garmin’s G3000 flight deck with the first-ever touchscreen-contr...
Flynas, Saudi Arabia’s leading low-cost carrier, has signed an agreement with Airbus for 60 A320neo Family aircraft. In addition to the 60 aircraft, Flynas has converted 20 A320ceo from a previous order to A320neo bringing the airline’s total firm order to 80 A320neo. The deliveries are scheduled to take place during 2018-2026. The agreement was announced today in Riyadh at a pre...
One of the flight recorders has been recovered at the crash site of the cargo jet Boeing-747 near Kyrgyz capital Bishkek’s Manas airport, a source in the Kyrgyz Emergencies Ministry told TASS. "The search for the other recorder is in progress. Both will be handed over to Interstate Aviation Committee specialists, due to arrive tomorrow, for data retrieval and interpretation," th...
Emirates, voted the World’s Best Airline in the 2016 Skytrax World Airline Awards, announced that it will operate the first ever scheduled commercial Airbus A380 flight to South America when it upgrades its Dubai (DXB) – Sao Paulo (GRU) service on March 26, 2017. Replacing the existing Boeing 777-300ER used on this route, the A380 service will mark the airline’s 10th year of o...
