This is an historic milestone for the civilian professional drone. For the first time, the Directorate-General for Civil Aviation (DGAC) which regulates drones uses in France, has approved a fully-automated drone with no pilot, paving the way to new applications Azur Drones, European leader in surveillance UAVs, has just received the first and only DGAC approval for a fully...
Magnetic MRO issued bonds in total aggregate value of EUR 8 million. The company has submitted an application to Nasdaq Tallinn Stock Exchange Listing & Supervisory Committee for listing the bonds on the multilateral trading facility First North. Capital raised with the bond issue will be used for acquiring a competitor operating in the same industry and further expanding Magnetic MRO&rsq...
$97.26 million Air Canada equity investment in Chorus reinforces partnership Capacity Purchase Agreement amended and extended by an additional 10 years ending December 31, 2035, securing Jazz's place in Air Canada's regional network for the next 17 years; Simplification and modernization of the Jazz fleet, with growth through more, larger-gauge aircraft....
TAG Aviation SA has formally renewed its prestigious WYVERN Wingman certification after once again successfully passing the rigorous safety audit conducted by WYVERN. To achieve Wingman status operators must actively show their commitment to leading safety practices and maintain a strong safety culture. They must also provide consistently up-to-date accurate safety data in the WY...
Seventh FAI rent-a-jet AG Bombardier Global Express, MSN 9016, joined the company’s 26-strong fleet. Following a 240-month inspection, the Global Express will undergo a complete interior refurbishment at the company’s growing MRO division, FAI Technik in Nuremberg. Further planned upgrades include the installation of a new cabin management system, KA-Band Ultra-High Speed...
Ryanair reported a Q3 net loss of €20m (excl. Lauda). Strong traffic growth (+8%) to 33m was offset by a 6% decline in ave. fares due to excess winter capacity in Europe. Stronger ancillary revenue growth (+26%) was offset by higher fuel, staff and EU261 costs. Q3 Results (IFRS)* Dec. 31, 2017 Dec. 31, 2018 % Change Guests 30.4m 32.7m +8%...
Alain Flourens, 61, currently Head of Engineering for Airbus Helicopters, has been appointed Head of Industry for Airbus Helicopters, following Christian Cornille’s departure from Airbus. Alain will be replaced in his current position by Stefan Thomé, 47, currently Head of New Business Models & Services at Airbus Defence and Space. These management ch...
Etihad Airways announced a strategic partnership with Microsoft to launch the first ever in-house AI Academy in the region, which will revolutionise the way the airline serves its customers by upskilling its workforce, optimising operations and creating alternate revenue streams. As part of the AI Academy, all Etihad employees will be given access to an online training programme, and...
Yandex.Checkout becomes a partner of Sheremetyevo Duty Free Heinemann to provide 54 duty-free and retail stores on the territory of the Sheremetyevo International Airport with WeChat Pay. This service works as an e-wallet based on the Chinese WeChat messenger. Now, Chinese tourists will be able to pay for purchases in Sheremetyevo Duty Free Heinemann stores as quickly, conveniently, and s...
Sabre Corporation, the leading technology provider to the global travel industry, reveals that the Lunar New Year holiday has prompted more people to travel in 2019, than in previous years. With close to 1 million people travelling outside of the country between 2nd and 10th of February, Sabre data demonstrates that the number of airplane seats from Singapore over this festi...
Textron Aviation Inc. did station three of its Mobile Service Unit (MSU) vehicles in Atlanta, Georgia, during this year’s Super Bowl, bringing factory-direct service and support for Citation, King Air and Hawker customers flying to the event. The MSUs will be located at Peachtree Dekalb Airport (PDK), Fulton County Airport (FTY) and Cobb County Airport (RYY). Super B...
As the 30th edition of the National Business Aviation Association’s (NBAA’s) Schedulers & Dispatchers Conference (SDC2019) concluded, organizers said the event’s trademark upbeat vibe and forward-looking view were as much in evidence as ever. 2019 edition had the highest attendance count on record, with nearly 3,000 participants, representation from all 50 U.S. state...
Emirates’ first codeshare partnership with a Chinese carrier Agreement with China’s largest airline covers 18 routes including domestic points in China and Middle Eastern and African destinations, complementing expansive networks of both airlines Emirates and China Southern Airlines (IATA code: CZ) have signed a Memorandum of Understanding (MoU) to progress a comprehensive re...
MAC Aero Interiors, a commercial aircraft cabin interiors arm of a global provider of Total Technical Care for aircraft operators and lessors, Magnetic MRO, enters the Chinese aircraft cabin interiors market by establishing a Joint Venture with Benniao Aviation. The newly launched MAC Sichuan will be providing total cabin technical care support to Chinese aircraft owners and operators. “C...
BACA – The Air Charter Association held another of its increasingly popular training sessions for members yesterday, focusing on best practice. In such a fast-moving and evolving industry BACA strives to ensure that brokers have the opportunity to keep up-to-date with the latest market trends and regulations, and to get together to share ideas and feedback. This set...
American Airlines has taken delivery of the first of 100 A321neos on order from Airbus, powered by CFM International LEAP-1A engines. The aircraft, MSN8647, departed Hamburg early Friday for the trans-Atlantic ferry flight to Pittsburgh where American’s technicians will get the A321neo ready for customer flights. After an 8 1/2-hour nonstop journey from Hamburg, Germany (XFW), the new...
Orders valued at more than $48 billion U.S. at list price Production maintaining historic highs as LEAP ramp-up continues Orders for CFM International's two product lines again achieved near-record levels in 2018, with the company booking orders for a total of 3,337 engines, including 126 CFM56 engines (commercial, military and spares) and 3,211 LEAP engines (including commitments and sp...
Latvian airline airBaltic announces the adding of two more leisure destinations to its network for the summer season of 2019. Starting in May, airBaltic will perform scheduled flights to the Mediterranean islands of Kos (Greece) and Menorca (Spain). Altogether, airBaltic will launch at least 8 new routes this year. Martin Gauss, CEOof airBaltic:“Demand for su...
Garmin International, Inc. announced the availability of the GPS 3000, a high-integrity GPS position sensor that seamlessly interfaces to existing avionics to help meet Automatic Dependent Surveillance-Broadcast (ADS-B) Out requirements. Also, targeting the air transport and defense markets, the GPS 3000 is designed as a WAAS/SBAS position source for select Flight Management Systems (FMS). Ai...
Qatar Airways announced that it will convert 10 of its 50 Airbus A321neo on order to the Airbus A321LR (long range) variant of the A320 family. The A321LR is a type of A321neo, which has extra fuel tanks as well as a higher maximum take-off weight to give the aircraft additional range. Qatar Airways will use the A321LR to connect Doha to new growing markets where today demand is not sufficient...
ATR, the Franco-Italian turboprop manufacturer, maintained its leadership on the market in 2018, showing a solid performance. It delivered 76 aircraft, booked 52 firm orders and stabilised its annual turnover at US$ 1.8 billion. With a total of 165 orders and 154 deliveries between 2017 and 2018, ATR achieved a book to bill ratio above 1. Out of the 52 firm orders, 20 are for ATR 42-600s. In a...