To increase geographical presence, decrease competition, accelerate expansion – just a few reasons why companies choose business acquisition as an inorganic mode of expansion. With yearly worth of worldwide mergers and acquisitions topping €41 billion it’s only natural that increasing number of deals has been recorded and anticipated in the aviation industry as well. With a vast e...
BAA Training, European standard aviation training centre, has announced the signing of a partnership agreement with Pan Am International Flight Training Centre (Thailand) for Airbus A320 FFSs utilization in Thailand. „The role of a training centre is significant when pilots’ demand grows at phenomenal rates. Opening up a new location undoubtedly supports our business firmly. Enlarg...
BC Zalgiris Kaunas – the legendary basketball club from Lithuania will become the first European basketball team to have delay-free guarantee due to partnership with SKYCOP. The main team partner will ensure that team’s charter flights using a unique Boeing 737 business jet is on-time to every 2017-2018 Euroleague season away game, and will prevent any possible damages caused by airlin...
A significant increase in the number of staff, additional parking places and temporary terminals. This is how Kaunas has prepared for becoming the temporary capital of Lithuania`s aviation when, from July 14 to August 17 11:59 p.m., Vilnius Airport runway will be under reconstruction. For 35 summer days aviation activity in Vilnius Airport will not be carried out, and Kaunas Airport, with crea...
European business aviation company KlasJet has supplemented its fleet with the first narrow-body business aircraft – Boeing 737. Newly modified and furnished to meet the demands of sports teams, large business traveler groups and government officials, the new business jet has been already delivered to KlasJet by AviaAM Leasing. The Boeing 737 business jet is equipped with 56 business...
BAA Training, European standard aviation training centre, widens its partners’ list for ab initio pilot training and starts cooperation with Small Planet Airlines, one of the fastest growing independent leisure airlines in Europe. The main purpose of the recently launched cadet program is to establish eased opportunities for talented youngsters to become pilots and support the airline wit...
The gap between low cost and traditional air carriers is narrowing firmly. This fact alone puts pressure on ground handling (GH) companies as well. Although, there are airlines that inquire for 40-60 minutes service, the share of air carriers asking for 20-30 minutes turnaround time review is expanding firmly, even though, they are not LCCs. Increased speed and scope demand foster GH to either hir...
BAA Training, European standard aviation training centre, has announced gaining an approval to provide ATR 42/72 FFS services for Tanzanian aviation companies. After successful audit by Tanzanian Civil Aviation Authority (TCAA), ATR 42/72 type rating training and full flight simulator dry or wet lease is allowed to be provided at the training center in Vienna, Austria. Inspectors of TCAA audit...
AviaAM Leasing, a Warsaw Stock Exchange listed global aviation holding company, engaged in the business of commercial aircraft acquisition, leasing and sales, has announced having delivered Boeing 737 business jet on an operating agreement to European business aviation company KlasJet. Having acquired the Boeing 737-500 in November 2016, AviaAM Leasing became the third owner of the aircraf...
With half of the year 2017 almost gone, experts in the private jet MRO industry tend to look back at the trends that developed through the year. This year, new generation aircraft as well as cabin modifications are the ‘hot topics’, both of which are pushing MROs to change service scope and variety. Changing fleet composition is among the key future game-changers for business aircr...
Aircraft spare parts and repair capabilities marketplace Locatory.com is further expanding its presence in Asia by signing a contract with HNA Technic, MRO unit of the HNA Group – biggest private airline group in China. The Asian company will conduct its spare parts trade on behalf of 20+ airlines using Locatory.com. HNA Technic will be listing over 20 000 commercial aircraft parts on the...
As it stands today, Airbus and Boeing have a total of over 11 000 new aircraft in their backlogs. Inevitably, all of these machines will blend into the ageing worldwide fleet, amounting to a colossal 40 000 aircraft in 2035, says Boeing. Nevertheless, as the numbers in this graph flourish, delays and flight cancellations are also on an upward trend, amounting to losses of almost quarter of a milli...
