Airbus Group SE is exploring a sale of Vector Aerospace Corp, a unit that services and maintains aircraft, in a deal that could be valued at more than US$800 million, people familiar with the matter said on Monday. Airbus, Europe's largest aerospace group, is currently selling several businesses to focus its defense division on warplanes, missiles, launchers and satellites. Airbus has hi...
This week at the United Nations Climate Summit in Paris, Solar Impulse founders Andre Borschberg and Bertrand Piccard announced the Solar Impulse 2 (SI2) will resume its around the world mission next April, after receiving additional funding and repairs. SI2 began its journey in March, taking off from Abu Dhabi, and making stops in Oman, Ahmedabad, Varanasi, Mandalay, Chongqing, Nanjing, Nagoya...
Hungarian police say a flight from Berlin to the Egyptian beach resort of Hurghada has made an unscheduled landing in Hungary and is being checked for explosives after police received information about a bomb threat. Police spokeswoman Viktoria Csiszer-Kovacs said Monday that explosives experts are inspecting the unidentified airplane, its passengers and luggage. She would not identify the sour...
A British tourist was arrested after he tried to board airplane with a toy bomb and sparked a security scare, according to officials. The man told officers he had bought the item with the intentions of taking it to a New Year's Eve party. After initially declaring the toy, which featured a timer and imitation sticks of dynamite, at security he asked if he could take it on board the...
Emirates strongly supports open, fair and liberal air transport policy as it is the best way to ensure the interests of consumers, businesses and economies. Competition related issues are already covered under existing sovereign bilateral air service agreements, as well as existing EU regulation. Therefore we find it interesting that rather than use these tools to address specific grievances, t...
Russia’s Kogalymavia airline plans to demand compensation from Egypt’s authorities over the crash of its Airbus A321 passenger jet over the Sinai Peninsula caused by a terrorist attack in late October, the Forbes magazine reported on Monday. Businessman Ismail Lepiyev, who owns the TH&C tourist holding that includes Kogalymavia (brand name Metrojet), said in the interview the ai...
In a December 4 decision on a Part 16 complaint filed by pro-airport interests for the Santa Monica (Calif.) Airport (SMO), the FAA determined that the city of Santa Monica is obligated by grant assurances until August 27, 2023. Essentially, this means that the city must comply with statutory and regulatory obligations in its running of SMO, according to visiting professor at U...
Saudi Arabian business aviation services group Arabasco launched new Elite Service packages promising improved value for aircraft maintenance customers. Its new Platinum, Gold and Silver packages offer fixed pricing covering different levels of support. Arabasco—an FAA Part 145 approved operation specializing in support for Bombardier, Hawker, King Air, Gulfstream and Dassa...
Today the European Commission adopted an Aviation Strategy for Europe, a milestone initiative to boost Europe’s economy, strengthen its industrial base and reinforce its global leadership position. These are three core priorities of President Jean-Claude Juncker, on which the Strategy will deliver, by ensuring that the European aviation sector remains competitive and reaps the benefits of a...
Ryanair, Europe’s favourite airline, today (7 Dec) rejected claims made by eDreams that Ryanair was preventing online travel agencies (OTA) from providing consumers with the lowest fares, and re-iterated that it will continue with legal proceedings launched against eDreams and Google in the Irish High Courts last week. Ryanair confirmed that it has a number of agreements in place with OTA...
January 14 2016, Air France offers its customers a unique experience - to board an exceptional tribute flight around France and its iconic sites! More than 45 years after the first flight between Paris and New York was made on June 3 1970 on the plane, known as the "Jumbo Jet", the Company organizes an emotional goodbye to this aircraft,recognizable among...
Daher has handed over the 100th TBM 900, just 20 months after the latest iteration of the long-running single-engined turboprop line entered service. Nicolas Chabbert, senior vice-president for Daher’s airplane business unit, describes as "symbolic" the 7 December handover to an unnamed US customer. "The delivery confirms that our TBM 900 not only is the fastest single turb...