The Russian Helicopters Holding will open a center for repair of Mi-8/17 helicopters in Azerbaijan and the corresponding agreement is expected to be signed at the ADEX 2016 exhibition in late September, TASS reported citing deputy director general of the holding for after-sales service, Igor Chechikov. He added that negotiations are currently underway regarding the form of cooperation. &ldqu...
The crash of FlyDubai Boeing 737 in Russia's Rostov-on-Don could occur after the commander of the aircraft deliberately sent the airplane into the ground, PravdaRu reported. "During the preliminary investigation it was found that the commander of the Boeing 737-800, presumably giving account for his actions and adequately assessing both the situation and the posit...
Shareholders filed a class action lawsuit against Brazil’s Embraer SA in New York, alleging the world third-largest commercial plane maker inflated its share price over a four-year period, it said in a securities filing on Wednesday. The shareholder securities fraud lawsuit was filed on Monday night in the US District Court in Manhattan against Embraer, its former chief executive Frederic...
Capital AviaNeft has started providing handling and refueling services in Sochi International Airport, the largest airport of Krasnodar Krai. The agreement concluded with Basel Aero, the airport operator, came into effect in August 2016. “Our company has already entered into direct agreements with all the rest airports in the region: Krasnodar, Anapa, Gelendzhik – so now our clients...
The Challenger 650 aircraft is the market’s best value proposition for customers in Europe seeking higher baseline equipment level offered as standard, the widest cabin and seats, and the lowest direct operating costs* Bombardier Business Aircraft announced today that it delivered its first Challenger 650 aircraft to be operated from Germany. This aircraft joins the Bo...
Lufthansa Cargo took over complete ownership of the time:matters Group, experts in global sameday delivery and time-critical international spare part logistics. The cargo airline, which spun off time:matters as a subsidiary in 2002, had already held a 49 per cent share. The majority 51 per cent shareholding had been held by financial investor Aheim Capital and time:matters management. Lufthansa Ca...
The leasing company "Ilyushin Finance Co". (IFC) has reduced the number of ordered Bombardier CS300 from 32 to 20 aircrafts. The delivery is expected in late 2018. The parties explain this adjustments differently. According to Bombardier's opinion Russian customers consider new market’s demands, but IFC refers to the Canadian export agency which hasn’t provided cheap f...
This screenshot from state television broadcast on the hypersonic spaceplane shows an aerodynamically optimized aircraft beginning to accelerate to hypersonic speeds. Operating such a spaceplane by 2030 would place China ahead of the space race, and other races. While SpaceX is making news with its recoverable rockets, China announced that it is working on the next big thing in spaceflight: a h...
European business aviation company KlasJet has announced the expansion of its business jet fleet by adding a third aircraft – mid-size Hawker 800XP. The new business jet is already delivered to KlasJet and operates charter flights across European destinations. The mid-size twin-engine Hawker 800XP accommodates up to 8 passengers and thee crew members. Built in 2000, the aircraft has a re...
Cebu Pacific has ordered Rolls-Royce Trent 700 engines, with TotalCare® long-term engine services, to power two new Airbus A330 aircraft. The Philippines-based airline already operates six of the aircraft, all powered by the Trent 700. The Trent 700 delivers the best fuel burn, emissions and noise performance, resulting in market leadership on the aircraft. The engine has won more than 70 p...
Magnetic MRO, Estonia headquartered Total Technical Care MRO organization, has signed a long term exclusive partnership agreement with Component OH Services in the USA in order to provide landing gear overhaul and repair services for its customers in Europe, Africa, Russia and Asia. Component OH Services is a landing gear shop that Magnetic MRO has been using...
Boeing and Mauritania Airlines have finalized an order for one Next-Generation 737-800 airplane, valued at $96 million at current list prices. “The Boeing 737 is the backbone of Mauritania Airlines fleet because of its efficiency and superior operating economics,” said Mohamed Radhy Bennahi, chief executive officer of Mauritania Airlines. “The addition of this new 737-80...
