Nordic Aviation Capital (NAC) announced that it has welcomed GIC,Singapore’s sovereign wealth fund, as a new shareholder. The transaction comprises a partialsale by the existing shareholders and the injection of new capital to further strengthen NAC’sbalance sheet and solidify its position as the global leader in regional aircraft leasing. EQT VI will remain the largest shareholde...
Inmarsat announced a contract to provide its award-winning GX Aviation inflight broadband solution to Indonesian national carrier Garuda, in partnership with wireless technology provider Mahata Aero Teknologi, Lufthansa Technik and Lufthansa Systems. The agreement to supply Garuda Indonesia with GX Aviation marks the extension of Mahata’s existing 10-year contract with low-cost carri...
Bombardier announced that Learjet 70 and Learjet 75aircraft operators now benefit from lengthened intervals between recurring major powerplant inspections, which have been extended from 3,000 to 3,500 engine hours. This interval extension directly benefits the bottom lines of operators by reducing the number of repeat inspections over the lifecycle of the engine, thereby decrea...
Mega transport will bring airplane in five days from Schiphol to Amsterdam Travel agency, airline company and hotelier Corendon will have a complete Boeing 747-400 transported from Schiphol airport to the Corendon Village Hotel in Amsterdam this February. There the plane will be placed in the hotel garden. For this mega job Dutch specialized transport company Mammoet has been...
Following a highly successful first complete year of international operations, Valcora is making its North American debut at this year’s NBAA Schedulers and Dispatchers event - booth 1736. The Switzerland-headquartered fuelling service will take the opportunity to promote its new North American office which joins the rapidly expanding global network of existing Valcora operations....
First Chinese operator to manage comprehensive data analytics to support IS-BAO III In 2018, Sino Jet Ltd. was the first operator in mainland China to reach IS-BAO stage III, the internationally recognised safety standard from the International Business Aviation Council (IBAC). The company’s President in Beijing, Ms. Chris Wu, has since shared that Sino Jet leverages data analytics to...
Hundreds of thousands of passengers likely to be affected by flight disruption but many are unaware of flight rights Bott and Co, the UK’s leading flight delay compensation law firm, forecasts thousands of flight delays and cancellations this winter but fears many passengers are still in the fog about their rights. According to the law firm, more than 700,000 passengers ha...
London Oxford Airport (OXF-EGTK) is participating at the NBAA’s Schedulers and Dispatchers event in San Antonio, TX this week (29th January to 1st February) and is highlighting a ‘first time user’ offer to North American-originating pilots and corporate flight departments. New arrivals from the US and Canada can claim 25% off their landing fees fro...
Russian Prime Minister Dmitry Medvedev has signed a decree on allocation of 1.6 bln rubles ($24.24 mln) worth of subsidies for the MC-21 airliner project. "I have signed a governmental decree to allocate subsidies for production and support of MC-21 airliner for the first time. Almost 1.6 bln rubles will be spent on that in 2019," he said at a meeting with deputy prime ministers on Mo...
Each year World Economic Forum in Davos is a very important event for business aviation actors in the region. High profile clients from all around the world are coming and there is no right to any mistake. Operation must be assured on the highest quality level, clients should be happy with proposed variety of services. Just after the closing of 2019 edition Luxaviation Group had a look at...
Norwegian Air Shuttle ASA (“Norwegian” or the “Company”) is strengthening its balance sheet through a fully underwritten rights issue of NOK 3 billion in order to increase its financial flexibility and create headroom to the covenants of its outstanding bonds compared with the Company’s business plan. The Company is changing its strategic focus from growth to profi...
G. Ziemelis Since the dawn of commercial aircraft seating has been mostly unchanged. Even up until today regardless of which airline or aircraft one flies in the seats all look and feel familiar. But in the pursuit of cheaper fares and cutting costs this might soon change. Increasing capacity, reducing comfort At the yearly Aircraft Interiors Expo, innovations in luxury in...
