We are happy to announce that 20 March 2017 we embarked on a new partnership with the Danish private equity fund CataCap who has acquired a majority stake in our company. The two founders and owners of TP Aerospace, Peter Lyager and Thomas Ibsø, will continue to form the executive management team and hold significant shares in TP Aerospace. Since 2010, we have experienc...
This weekend the Latvian airline airBaltic, will switch to the summer flight schedule and start offering popular destinations, thus linking the Baltic region with attractive summer vacation spots. Wolfgang Reuss, SVP of Network Management of airBaltic: “We are delighted to enter this season with such a long list of new routes for your getaway this summer.” For the summe...
Emirates announced the launch of a daily A380 service to Nice, gateway to the French Riviera and Provence. The daily A380 service will start on 1st July 2017, just in time for the beginning of the summer holiday season. After Paris, Nice becomes Emirates’ second destination in France to welcome the iconic double decker, further stimulating demand for travel to the region. Nice is currentl...
Garmin is pleased to announce it has received European Aviation Safety Agency (EASA) approval of the GTX 345 and GTX 335 all-in-one ADS-B transponders in fixed-wing general aviation aircraft and helicopters. The GTX 345/335 include Extended Squitter (ES) ADS-B Out with options for built-in WAAS, as well as dual-link ADS-B In. The GTX 345/335 are compatible with a wide variety of current and legacy...
Jetex is proud to be the handling partner of Swiss luxury watchmaker and aviation chronograph specialist, Breitling, during the UAE leg of the Breitling DC-3 World Tour. The flagship Jetex FBO Terminal, located at Al Maktoum International Airport, plays host to the Breitling DC-3 from the 21st to 24th March, 2017. Jetex will provide a full range of ground support services for the aircraft and...
Following its participation at the 2017 Heli Expo, Marenco Swisshelicopter has reached a new commercial milestone with the 101st engagement signed in Dallas for the SKYe SH09 helicopter. With this seventh participation at the US event, the MSH team has been able to witness the continued interest and strong motivation of the market to get the latest testing and development news, all eager to sta...
Finnair Plc issues a senior unsecured bond of EUR 200 million (the “Bond”). The Bond matures on 29 March 2022, it bears a fixed annual interest at the rate of 2.250 percent and has an issue price of 99.925 percent. The bond is callable before its final maturity. “Finnair’s prudent execution of its accelerated growth strategy and continued improvement in financi...
Thomas Cook will tomorrow, 23 March, launch Summer 2018 with an exciting range of new destinations to choose from. These include the Olympus Riviera in Greece, which is exclusive to Thomas Cook in the UK, as well as Golden Sands in Bulgaria, Spain’s Costa Brava and Madeira. As well as new destinations, Thomas Cook is offering customers seven new own-brand hotels to choose from including t...
As of March 2017, HAITEC now offers Line Maintenance support at Germany’s largest airport in Frankfurt/Main. The planning and opening of new Line Maintenance stations is a key element of HAITEC’s growth strategy. Headquartered at Hahn Airport and one of Europe’s largest aircraft maintenance organizations with 22.000 sqm hangar space and currently more than 400 emp...
FlightSafety International announces the start of the only factory-authorized Gulfstream G650™ training program located close to operators in Europe, the Middle East, and surrounding regions. The training is provided using the fifth Gulfstream G650 simulator built by FlightSafety. It is installed at the company’s Learning Center located at the Farnborough airport in the United Kingd...
Brandon Mitchener has been appointed Chief Executive Officer of the European Business Aviation Association (EBAA), effective 3 April 2017. A French and US citizen, Mitchener’s career as a journalist and public affairs professional spans more than 25 years in Europe, including the last 20 in Brussels. Before joining EBAA, Mitchener headed corporate communications for Monsanto Co. i...
TAG Aviation (UK) Ltd. has demonstrated its commitment to safety by successfully renewing International Standard Business Aircraft Operations (IS-BAO) Stage 3 certification, the highest level of achievement to be awarded by the International Business Aviation Council (IBAC). The UK-based operating Centre also renewed its accreditation to the Wyvern Wingman safety program last summer. ...
Vision Systems and PXCom have partnered to offer airlines an unmatched level of flexibility in their GUI management. At Hamburg AIX 2017, Vision Systems will unveil a new release of its IFE solution called Visi-Stream, that ensures a high passenger satisfaction and ancillary revenues. It comprises Wi-Fi AVOD with a rich and varied content including movies, music, games, daily press, extensive t...
AAR, a global leader in aviation aftermarket services, has signed an agreement with India’s largest airline, Interglobe Aviation Limited (“IndiGo”), to provide support for landing gear overhaul services. The contract includes up to 49 full ship sets of A320 landing gear, as well as assemblies and subassemblies, for the next five years. The agreement expands AAR Landi...
Lufthansa Systems announced that Istanbul-based Turkish private airline Onur Air has opted for its Lido/Flight 4D solution. This new generation of the proven flight planning solution from Lufthansa Systems offers the airline a modern graphical user interface and extensive automation functions for flight planning and control processes. The two companies recently signed a five-year contract for the...
Bombardier bolstered its overall service and support by hiring close to 200 technicians and project managers within the last four months In 2016, Bombardier’s network supported over 9,000 maintenance events, a 20 per cent increase from the prior year Bombardier Business Aircraft’s five U.S.-based Service Centres received the 2016 Aviation Maintenance Technician (AMT) Diamond...
Boeing and Ryanair celebrated the delivery of the airline's 450th Next-Generation 737-800. This significant milestone has been reached in less than two decades, with the Irish low-cost carrier taking an average delivery of 25 737-800s per year since 1999. "Ryanair is proud to partner with Boeing and has operated an all-Boeing fleet since 1994," said Ryan...
Malaysia Airlines Berhad (MAB) has signed an agreement with the Airbus Asia Training Centre (AATC) in Singapore to provide A350 XWB training to the carrier’s flight crew. The contract will cover complete courses for flight crew transition to the new A350 XWB, as well as regular recurrent training services. The agreement was signed today at the Langkawi International Maritime and...
“SafeDrone by Lufthansa Technik” is a new initiative for minimizing uncertainties and risks in unmanned aviation. The open and completely transparent platform allows collaboration between all interested market players and provides them with direct access to recognized standards for technology, quality and security in the use of drones. A basic package is availabl...
Outstanding commercial performance with New Orders for EUR 20 billion. Book-to-bill ratio above 1 in all Sectors EBIT, EBITA and EBITDA higher than 2015 by 11%, 4% and 2% respectively Double-digit profitability target exceeded. 2016 RoS at 10.4%, with all Sectors above 10% Net Result Before Extraordinary Transactions at EUR 545 million, more than double 2015 at EUR 253 million Return on...
The European Commission said on Monday it had cleared General Electric Co's (GE.N) $1.65 billion acquisition of Danish rotor blade maker LM Wind Power as the merged entity would continue to face effective competition in Europe. General Electric produces onshore and offshore wind turbines, but only has a relatively small market share, the Commission said in a statement. LM Wind...
