DVB Bank SE is strengthening its commitment to sustainability and has joined aireg – Aviation Initiative for Renewable Energy in Germany e.V. As both announced today, DVB Bank, as the leading specialist for international transport financing, will support the climate efforts of the aviation industry in Germany. aireg has been working on the development and market introduc...
Cathay Pacific Airways, named “Best Trans-Pacific Airline” in the 2015 annual Skytrax World Airline Awards™, has appointed Philippe Lacamp to senior vice president, Americas. In this role, he will oversee all facets of Cathay Pacific’s operations and commercial activities in the Americas, and will be based in the company’s U.S. headquarters in San Francisco. Lacamp...
Finnair Plc successfully placed EUR 200 million hybrid bonds on 1 October 2015 (the “New Hybrid Bonds”). The initial coupon rate of the New Hybrid Bonds is fixed at 7.875 per cent per annum, but it will be subject to a coupon reset on each 5th anniversary of the issue date of the New Hybrid Bonds. The New Hybrid Bonds have no specified maturity date, but Finnair may exerci...
Swissport has announced it has decided to withdraw from ground handling operations at London Gatwick (IATA: LGW) and that Swissport and Aviator LGW Limited (Aviator) have signed a binding agreement on the disposal of Swissport´s London Gatwick ground handling operations to Aviator. The transaction will become effective on November 9, 2015 and is including ground handling related assets, cont...
ST Aerospace Systems has acquired the remaining 50 per cent stake in Singapore Precision Repair and Overhaul (S-PRO) from Messier-Bugatti-Dowty (a Safran company) for $8.1m. Following the acquisition, landing gear and components specialist S-PRO will become a wholly-owned subsidiary of ST Aerospace Systems, the aerospace arm of ST Engineering. ST Aerospace said acquiring S-PRO aligns with it...
Russian airlines carried 63.9 million passengers during the first eight months of 2015, up 0.4% year-over-year (YOY). In August passenger numbers grew 2.3% to 11.5 million, continuing a trend of the previous months. January-August international traffic was down 13.6% compared to the year-ago period to 28.2 million, according to Russia’s Federal Air Transport Agency. Domestic traffic...
Emirates has launched its second daily service from Dubai International Airport (DXB) to Boston Logan International Airport (BOS) on Thursday 1st October 2015. The new service, flight EK239, departs Dubai at 3:20 a.m. and arrives in Boston at 8:55 a.m.The return flight, EK240, will depart at 11:55 a.m. and arrives in Dubai at 8:15 a.m. the following day. The new service will supplement the curr...
The Russian air force has deployed Ilyushin Il-20M intelligence-gathering aircraft inside Syria to help co-ordinate its attacks on rebel personnel, and to also follow the movements of other militaries operating in the area. Dedicated to electronic intelligence missions, the Il-20M arrived in Syria days after Russia's first Ilyushin Il-76 began to unload military hardware at Latakia air base...
Vietnam Airlines has started deploying the Airbus A350-900 aircraft internationally. The type’s first international flight for the carrier was on the Hanoi-Paris route, which departed on 30 September, says the SkyTeam alliance member. FlightRadar24 showed that the aircraft assigned to operate the first flight bears the registration VN-A887. It is estimated to land in Paris Ch...
London’s Air Ambulance has confirmed its purchase of a second helicopter to support its emergency medical services (EMS) work from next year. Registered as G-LNDN, the used MD Helicopters MD 902 “is expected to be operational in early 2016”, the charity says in a 1 October statement. This will join its existing MD Helicopters Explorer, G-EHMS, which has been in use since 2000....
The US Air Force has awarded Northrop Grumman a $3.2 billion contract to sustain and modernise all variants of the RQ-4 Global Hawk unmanned air vehicle. Northrop will support the development, modernisation, retrofit and sustainment of all of the USAF’s RQ-4s until 30 September 2025, with orders to be made by 30 September 2020. The Global Hawk will eventually be the sole provider of hi...
Emirates SkyCargo has welcomed the arrival of its newest Boeing 777 Freighter aircraft, bringing the total number of dedicated cargo aircraft in its fleet to 15, including two Boeing 747-400Fs and 13 Boeing 777Fs. Emirates’ newest 777F, which left the Boeing Manufacturing Facility in Everett, Washington, in September, flew its first mission to Hong Kong. The Asian metropolis is one o...
Fort Lauderdale Executive Airport has opened a new US Customs and Border Protection facility. The new facility has extended the airports opening hours from 8am to 12 midnight daily. The new US Customs facility is located at the end of Taxiway G at G7, with public access is on the East Perimeter Road at the airport.
Air Charter Service has launched an Aircraft Sales Division and has hired Gordon Potter as director. “Our diversification strategy has led us to open this new division and we are delighted to welcome Gordon Potter who brings with him extensive experience in trading in aircraft sales and acquisitions. “ Justin Bowman, CEO of ACS said: “Our diversification strategy has le...
The first of the Italian Air Force’s G550 Conformal Airborne Early Warning (CAEW) aircraft has left Gulfstream’s Savannah manufacturing facility. The aircraft departed on September 29 to Shannon, Ireland using its Gulfstream test registration N849GA. Following a night stop in Shannon, G550 CAEW (MSN 5429) flew on to Tel Aviv Israel, where the aircraft will be outfitted by Israeli Ai...
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced a purchase-and-leaseback transaction with Malindo Airways for six new Boeing 737-800 aircraft. Four of the aircraft have delivered to Malindo Air. The remaining two are scheduled for delivery in October. Malindo Air, headquartered in Malaysia, currently operates a fleet of 24...
The United States Department of Transportation sent a letter today to the national airline carrier of Kuwait, Kuwait Airways, finding that the company unlawfully discriminated against a passenger traveling on an Israeli passport by refusing to sell him a ticket for travel from John F. Kennedy International Airport (JFK) to London Heathrow Airport (LHR). As part of its recent investigation, U.S....
Airports Council International (ACI) World and a group of 27 other aviation industry chief executive officers and association leaders have today sent an open letter to governments committing to climate action and calling for a joint approach to help deliver maximum CO2 emissions reductions in the aviation sector. In particular, the industry group urged action to approve a meaningful market-based m...
Today, Netflix, the world’s leading Internet TV network, and Virgin America, have joined forces to provide complimentary in-flight Wi-Fi access that allows new and existing Netflix members to enjoy the entire Netflix catalogue of films and award-winning shows. Beginning today, Netflix users on-board Virgin America’s new ViaSat Wi-Fi-equipped aircraft will be able to stream the best...
The United Kingdom's CAA International and partner New Zealand's Aspeq Ltd. have launched the new licensing system that will allow aviation professionals to apply for, renew and manage licenses online. The new e-Licensing system is compatible with CAAi’s current e-Examination system that is currently being used by many aviation authorities. The system can immediatel...
You’re probably getting a drone for Christmas this year, whether you want one or not. Aviation Week reports that, at a recent industry summit, Rich Swayze of the Federal Aviation Administration said that the agency expects up to 1 million unmanned aerial vehicles to be sold during this year’s holiday season. Swayze’s prediction, if true, is simultaneously great and...
