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Metal band Iron Maiden to fly with Air Atlanta Icelandic

British heavy metal band Iron Maiden have announced they will be chartering a B747-400(F) fromAir Atlanta Icelandic (CC, Reykjavik Keflavik) for their upcoming 2016 The Book of Souls World Tour. Unlike previous tours which used a B757-200 chartered from Astraeus (5W, London Gatwick), TF-AMI (msn 27066) will not require extensive reconfiguration. &quo...

Russia signed a contract with Belarus for delivery of Yak-130 jets at MAKS-2015 airshow

A contract for delivery of four Yak-130 operational trainers to Belarus was signed at MAKS-2015 airshow. On August 26th Belarusian Ministry of Defense and Irkut Corporation signed a contract for delivery of four Yak-130 operational trainers at MAKS-2015 international airshow. The jets will be delivered to Belarus in 2016.  The document was signed by the head of the Main Directorate...

Asia Pacific Airlines Traffic Results - July 2015

Preliminary traffic figures for the month of July released today by the Association of Asia Pacific Airlines (AAPA) showed further robust growth in international passenger numbers, whereas air cargo demand has weakened. Taken together, airlines based in the Asian region carried 23.7 million international passengers in July, a 6.5% increase compared to the same month last year. In revenue passen...

Rex Announces Full Year Results – FY1415

At its full financial year (FY) results presentation today, Regional Express Holdings Ltd (Rex) announced a Profit Before Tax (PBT) of $9.3 million for the year ended 30 June 2015. This represents a drop of 12.8% from the prior year making it the third consecutive profit decline since FY13. Commenting on the results, Rex Executive Chairman Mr Lim Kim Hai said, “Trading conditions of regio...

Cargojet & UPS Enter Into Long-Term Air Cargo Services Agreement

Cargojet announced today they have entered into a new Air Cargo Service Agreement with United Parcel Service Canada Ltd. (UPS). This Agreement replaces the agreement originally entered into in 2003 to provide domestic overnight air cargo services throughout Canada. “Cargojet is extremely pleased to have successfully extended our long-standing business relationship as the primary domestic...

Exchange Income Corporation Announces $75 Million Bought Deal Financing of Common Shares

Exchange Income Corporation (TSX:EIF) (the “Corporation”) announced today that it has entered into an agreement to sell, on a bought deal basis, 3,019,000 common shares (the “Shares”) from treasury to a syndicate of underwriters co-led by National Bank Financial Inc. and Laurentian Bank Securities Inc. and including CIBC World Markets Inc., TD Securities Inc., Sco...

AgustaWestland got Russia's type certificate for AW189

AgustaWestland received Russia's type certificate for AW189.At the moment the offshore version is certified, other modifications, including rescue version and version with anti-icing system will get certification next. Russian customers will get first delivered helicopters by the end of this year ( The client is RN-Aircraft, a subsidiary of Rosneft). According to the contract, RN-Air...

Israel Aerospace Industries (IAI) publishes its financial statement for Q2 2015

 Sales reach USD 928 million • Gross profit of USD 125 million • Operating income of USD 11 million • Net income totaling USD 20 million • Order backlog at USD 8.6 billion, representing about 2.2 years of operation • The Company’s cash balances total approximately USD 1.23 billion August 27th, 2...

Emirates Confirms Billions in Government Subsidy for Airport Terminal

The United Arab Emirates spent a staggering $7.8 billion to build an opulent, 11-story air terminal at Dubai International Airport for the sole benefit of its airline, Emirates, according to documents the airline filed with the U.S. government that confirmed one of the most excessive and unapologetic violations of Open Skies policy to date. In papers recently submitted to the Obama administrati...

Transaero Airlines sees recovery of its cargo traffic

Transaero Airlines’ cargo traffic started to recover in July after the earlier decline amid the economic headwinds. In July 2015, Transaero delivered 5,742.2 tonnes of cargo, a 3% increase over July of 2014. Revenue cargo tonne kilometres grew to 31,837,600 tkm, 1% up on July 2014. Transaero carried most of the cargo on domestic routes. The airline primarily ensures air cargo delive...

Over $1 bln worth of Sukhoi Superjet-100 contracts signed at Russia's MAKS-2015 — official

ZHUKOVSKY, August 27. /TASS/. The total value of contracts for Sukhoi Superjet 100 [SSJ] aircraft signed at MAKS-2015 airshow is over $1 billion, Russian Deputy Minister of Industry Andrey Boginsky said on Thursday. "I know the contract for supply of 20 aircraft to Yamal air carrier is about $700 mln worth and signed contracts for Superjet amount to over one billion dollars," B...

CEPA Expo, 14th-15th October, 2015, Prague

CEPA EXPO is the annual forum that focuses specifically on issues of aviation operations, growth and business development in Central and Eastern Europe. The first CEPA EXPO was held in 2010. Since then it has become an annual tradition and one of the most important events of its kind in Central and Eastern Europe. Every year the convention welcomes more and more speakers, sponsors, partners and...

Australian Minchan Aviation to provide structure components for MQ-4C Triton UAS

Northrop Grumman Corporation has awarded a second Australian supplier contract to Mincham Aviation for the U.S. Navy's MQ-4C Triton unmanned aircraft system (UAS) initial production lot. South Australia-based Mincham Aviation will manufacture aircraft structure components for the first low-rate production lot of four Triton air vehicles. This second supplier contract follows one awarded in...

Airbus delays delivery of 1st A380 to Russia's Transaero

European planemaker Airbus is delaying the delivery of Russian carrier Transaero Airline's first A380 superjumbo, an Airbus spokeswoman said as the recession-hit Russian economy dents travel demand in the region. Transaero is buying four A380s, initially slated for delivery from this year. A new schedule is under discussion as lower oil prices and sanctions over Russia’s ann...

Secretary of U.S. Air Force visits Bell Helicopter headquarters

Bell Helicopter, a Textron Inc. company, hosted the Secretary of the Air Force, the Honorable Deborah Lee James  at the company’s global headquarters during her visit to Fort Worth. "Our partnerships with industry are as critical today as they've ever been," said Secretary of the Air Force Deborah Lee James. "Getting to see firsthand the capabilities and advancemen...

ABS Jets gains IS-BAO Audit Stage II certification

ABS Jets, a Prague based aircraft operator and maintenance provider, has achieved IS-BAO stage II certification. To gain the new certification level, ABS Jets had to demonstrate the compliance monitoring and SMS processes implemented by the company were in accordance with IS-BAO standards. “This is a great achievement for ABS Jets and further underlines our commitment to the very highe...

Aerotrans and Aviapages.com are enlarging the joint cooperation

The leader in the flight support services for business aviation has made placement in the new B2B platform Aviapages.com. From this very moment the business aviation industry members can plan their flights and choose the flight support services just in a few clicks. Furthermore, all the information about locations where Aerotrans provides its services is available in the directory “Airpor...

LCCs face strict visibility regulations at Delhi

New entrant low-cost carriers (LCCs) to India, including SIA-backed Vistara and AirAsia India, are facing potential schedule disruptions at Indira Gandhi International Airport (IGIA) in Delhi. Both airlines have been flagged as having likely takeoff and landing limitations imposed during low-visibility days at the Delhi hub this winter. Delhi—frequently a victim of severe smogs&...

Vietnam drops A380 order

The Vietnamese government has dropped all plans to confirm options on the four Airbus A380s it signed up for in 2009. Vietnamese flag carrier Vietnam Airlines cited "increased pressure of arranging capital for aircraft purchases" as a key factor, along with the slow progress on the planned Long Thanh International Airport at Ho Chi Minh City —the only Vietnamese airpor...

UAC to spend 19 billion rubles on development of Il-114 passenger aircraft

Development of Il-114 passenger aircraft will cost United Aircraft Corporation (UAC) 19 billion rubles, but there is a demand for the airliner, UAC President Yuri Slusar said. “Air carriers and the Ministry of Defense need Il-114 aircraft, UAC President Y.Slusar said at MAKS-2015 international airshow. – UAC is confident that this aircraft must be developed. Speaking of costs, works...

VSMPO-Avisma becomes one of the key Boeing suppliers in the network of 777Х program

Boeing and VSMPO-Avisma announced signing of an agreement for delivery of titan formed parts for a new composite wing of 777X aircraft at MAKS-2015. Production of the latest aircraft, which should become the world’s largest and most fuel-efficient twin-engine liner, will be started in 2017. «This agreement strengthens relations between Boeing and VSMPO established in 1997 in order t...