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Etihad Airways And Partner Airlines’ Fundraising Transaction Increased To US$ 700 Million

Etihad Airways and its equity partner airlines have increased the funds raised from their unique platform financing transaction to US$ 700 million following a surge in demand from international financial institutions. Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles, Aliltalia and Jet Airways announced on Tuesday they had successfully raised US$ 500 million through...

Snecma kicks off construction of new world-class engine test stand in southern France

Snecma (Safran) officially started the construction of a second open-air engine test stand at its facility located at French air force base 125 in Istres, southern France. The new installation, comprising a test stand featuring a design that is unique in Europe and a building housing all control systems, is on a par with the best engine test facilities in the world. It will be up and running in...

New cargo opportunities between Tokyo and Warsaw

Tokyo is a new destination that has just appeared on the map of LOT’s connections. It is of great importance, not only due to its potential to generate passenger traffic. It is also considered one of the key connections when it comes to mail and cargo transport. LOT Cargo has signed a cooperation agreement with JAL Cargo – one of the biggest enterprises of the secto...

Zodiac aerospace, revenue grows up to 18.1% in 2014/2015 financial year

Zodiac Aerospace generated revenue of €4,930.5m up 18.1% in its 2014/2015 financial year. At like-for-like consolidation and foreign exchange rates, this represented growth of 2.6%. The consolidation impact related to PPP – Pacific Precision Products and Enviro in the Aircraft Systems segment and Greenpoint Technologies in the Cabin & Structures segment, had a positive impact of...

The Argentine coast guard receives its first H225 helicopter

At a ceremony presided by the Prefecto Nacional Naval Luis Alberto Heiler, Airbus Helicopters officially handed over an H225 helicopter to the Argentine Coast Guard. This new helicopter, which will be based in the city of Mar del Plata and used for search and rescue missions in the Argentinian sea, marks the start of the renewal process for the Coast Guard’s fleet of SA330 Puma...

Vilnius airport, passenger traffic rises by 10% in August, 2015

Vilnius Airport has served 332 thousand passengers in August 2015 – this is the record of the capital's airport during the entire period of operation since 1932. During the last summer month of the last year, 301 thousand passengers travelled to/from Vilnius Airport by air, this year the number rose by 10%, reports BC airport’s press service. The capital's airport expects to...

Iran – the next big business jet market

Emad Sharghi, the founder and CEO of aircraft brokerage firm, Executive Aircraft Sales, likes living in different places. He and his wife have lived in the UK, the US and, for the last seven years, in the UAE. His children are heading to college soon, so he and his wife are considering moving again next year. “We each wrote down the top three places we would like to move on a piece of...

Comlux America Reinforces Its Management Team in Indianapolis and Programs

Comlux America is pleased to announce the reinforcement of its management team in Indianapolis IN. With the Wide Body hangar extension and the arrival this summer of its first wide body ACJ330 for completion, the company has decided to strengthen its organization in key functions of Procurement and Programs. On the Procurement side, Comlux America is appointing Philippe Karam as Chief Procureme...

Delta Air Lines Employees to Build Seven Habitat for Humanity Homes in Six Cities

Delta Air Lines (NYSE: DAL) employees from across the country will build or renovate affordable, single family homes in partnership with Habitat for Humanity International. This year's fall builds will take place in six cities, including Delta's hubs in Atlanta, Detroit, Minneapolis/St. Paul, New York City and Seattle as well as in Los Angeles,...

HAECO Group completes Boeing 787-8 C-check

HAECO Group announced today that it has completed its first C-check on a Boeing 787-8 Dreamliner and redelivered the aircraft to a leading international airline in September. This marks HAECO as one of the first independent Maintenance, Repair and Overhaul (MRO) service providers to perform a C-check on this new generation of aircraft. Augustus Tang, HAECO Group’s Chief Executiv...

Lockheed Martin and Roketsan to Develop Mid-Range Cruise Missile for the F-35

Lockheed Martin and Turkish company Roketsan signed a contract to cooperatively develop the SOM-J missile for integration into the F-35 internal weapons bay. SOM-J is a new generation air-to-surface standoff cruise missile. The contract enables the companies to move forward with their Technical Assistance Agreement, making the SOM-J missile available to international customers. SOM-J integratio...

Binter takes delivery of its first ATR 72-600

The Spanish carrier Binter, based in the Canary Islands, took delivery today in Toulouse of the very first of its 12 ATR 72-600s ordered through two different contracts signed in 2014 and earlier this year. With the introduction of these new ATR ‘-600s series’ aircraft the airline will progressively upgrade its current fleet, consisting of 16 ATR 72-500s. Binter, which is a lon...

Airbus freezes Beluga XL design

Airbus’s Beluga XL program has passed its latest maturity gate milestone, marking the end of the “concept phase” or design freeze “at aircraft level,” Airbus announced on Wednesday. The company said the maturity gate review demonstrated that the Beluga XL program has shown enough robustness and maturity to move to the next phase of development, the detail...

MHI completes expansion for Boeing 787 wing stringers

Mitsubishi Heavy Industries (MHI) has completed facility expansion of the aircraft shop at the Yamatomachi plant of its Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, Japan, in preparation for the production increase of composite wing boxes for the Boeing 787 Dreamliner. MHI expanded the facility in response to Boeing's plan to increase the 787’s product...

AVIC markets upgraded Wing-Loong UAV

Chinese manufacturer AVIC has provided details about its new Wing Loong II unmanned air vehicle, which is larger and can carry more payload than the Wing Loong I. In a flyer distributed at the China Aviation Expo event in Beijing, AVIC illustrations show that Wing Loong II has three hard points under each wing, with each capable of carrying two air-to-surface missiles, for a total of 12. The Wi...

Pentagon inspector finds no fault with US Navy’s 70-Triton buy

The US Navy properly justified its requirement for 70 maritime versions of the Northrop Grumman RQ-4 Global Hawk, the Pentagon’s top auditor says, but the final number depends on the aircraft’s performance after 100,000 flight hours. The navy based its Northrop MQ-4C Triton production quantities on an attrition rate of four aircraft every 100,000 flight hours, but the true attrition...

First Finnair A350 conducts maiden flight

Finnair’s first Airbus A350-900 has carried out its maiden flight, just a few weeks before the carrier becomes the first European customer to introduce the twinjet. Having performed its first sortie, at Airbus’s headquarters in Toulouse, the Rolls-Royce Trent XWB-powered aircraft will enter a final series of ground and flight checks. Finnair will initially put the aircraft i...

LIAT returns to Dominica

LIAT, The Caribbean Airline, announces the resumption of flights to and from the Douglas-Charles Airport in Dominica starting Friday September 18. LIAT was forced to suspend services to Dominica on August 27 due to the passage of Tropical Storm Erika which resulted in severe damage to the island and closure of the Douglas-Charles Airport. Chief Executive Officer David Evans applauded th...

Qantas to take Australians to holiday in Bali this summer

Qantas has today announced it will meet increasing demand from Australians travelling to Bali with new seasonal services to operate direct from Sydney. During December this year and January next year, Qantas will operate four services per week, a total of 33 return services, between Sydney and Bali with its B737 aircraft. This adds to Jetstar’s 65 services per week from Australia and will...

FAA Awards $24.5 Million in Environmental Grants to Airports

U.S. Transportation Secretary Anthony Foxx recently awarded $24.5 million in Federal Aviation Administration (FAA) grants to 11 airports around the country to reduce emissions and improve air quality through the FAA’s Voluntary Airport Low Emission (VALE) and Zero Emissions Airport Vehicle (ZEV) programs. “These programs are crucial to our efforts to reduce greenhouse emissions and...

Northrop says could buy back up to $4 billion more in shares

Northrop Grumman Corp , maker of Global Hawk drones, said it could buy back up to an additional $4 billion worth of shares as part of a new buyback authorization. Based on Wednesday's close of $170.96, Northrop could buy back up to roughly 12.5 percent of its outstanding shares. The company had said in July it was on track to complete a previously announced 60 million share repurchase pr...