SAS and Apollo are extending their cooperation on charter flights and have signed an agreement for the 2016 summer season worth around MSEK 900. As a result, SAS will be flying Apollo’s customers from 18 locations in Sweden, Norway, and Denmark to 28 destinations across Europe. SAS and Apollo have been in partnership for about 15 years and once again Apollo h...
Fitch Ratings expects to assign the following ratings to Shenton Aircraft Investment I Ltd. (SAIL) as follows: —$747,444,000 series 2015-1A notes ‘Asf’; Outlook Stable. —$60,532,000 series 2015-1B notes ‘BBBsf’; Outlook Stable. KEY RATING DRIVERS Quality of Assets: The pool is of high quality with the majority being tier 1 aircraft with lon...
On September 7, 2015, Transaero held the meeting of the Board of Directors. The agenda of the meeting included organizational issues. The Board of Directors made a decision to relieve Dmitry Erzakovich of duties of Chairman of the Executive Board — General Director of the airline. Dmitry Saprykin was elected as a member of the Executive Board of the company. The Board of Directors a...
The Latvian national airline airBaltic has managed to attract a financial investor from Western Europe who is ready to invest about EUR 50 million in the company, reports LETA, according to Karlis Krastins, CEO of the investment banking and financial advisory company Prudentia. A protocol of intentions has been signed so far. The investor's name cannot be revealed due to confidentiality rea...
Incidents of theft, break-in, tampering, vandalism, and even inadvertent damage by the ground crew of aircraft and their equipment continue to rise each year. Pilots often use cabin locks, prop locks, or throttle locks to deter thieves from breaking into or stealing their aircraft and equipment. However, these measures do not protect against incidental damage nor vandalism. IAI introduces...
Honeywell Aerospace received the Distinguished Institution award from the American Institution of Aeronautics and Astronautics (AIAA) during an awards banquet in Prague, Czech Republic. The award is presented each year as part of the annual AIAA Digital Avionics Systems Conference, which Honeywell has supported for nearly two decades. Recognizing one organization each year, AIAA presents the...
Capital Handling Board member Kristaps Lapsa is telling, that at the moment, Capital Handling offers biggest working complex, of such kind, in the Baltic countries, as well as wide range of services for business aviation operators and owners of private jets. Company representatives positively estimate introduction of new services and development of business aviation technical infrastructure in Rig...
Dohop and London Gatwick have launched a new and unique booking service, GatwickConnects, which enables flights from separate airlines connection through Gatwick to be booked in a single transaction. Gatwick offers a guarantee of service if flights don't operate as planned. Previously, connected flights between the participating airlines would have to...
Kaluga Airport, located approximately 120 miles (190km) from Moscow, Russia has announced it has handled its first international flight in 20 years. The milestone was achieved at 1000 on September 4, 2015, when a Dassault Falcon 7х executive jet arrived from Braunschweig, Germany. On board were representatives of the Volkswagen company who were taking part in an official visit regarding the open...
Aviation Capital Group (ACG) announced today that it has closed the sale of $900 million of unsecured senior notes consisting of $600 million of its 2.875% unsecured senior notes, due September 17, 2018 at a price of 99.553% of par, and $300 million of its 4.875% unsecured senior notes, due October 1, 2025 at a price of 99.597% of par. Proceeds from the offering will be used for general corporate...
Ryanair, the World’s favourite airline, confirmed on September 17, that it had written to the UK CAA pointing out that it already complies with EU 261 regulations by accepting technical delay claims and claims made within six years of the date of delay. Ryanair is unsure why the CAA has threatened enforcement action when Ryanair is fully complying with EU 261 regula...
Combined with a predicted global growth in rotorcraft aviation, the decrease in the numbers of trainees – both civilian and military – is creating what many see as a looming shortage qualified personnel, especially mechanics. While more than 5 000 machines are expected to supplement the global fleet until 2019, the existing technical manpower qualified to maintain them is getting old a...
Meanwhile for the 6th time now Aviation Screening is organising the European Business Aviation Safety Conference. From 23th until the 24th of February 2016 it is time again for the largest safety conference of the business aviation. Attendees cover the whole community of the business aviation, as well as accident investigators, air traffic controllers and safety management special...
ARGUS TRAQPak data is serial-number specific aircraft arrival and departure information on all IFR flights in the US (including Alaska and Hawaii) and Canada. The tables below reflect business aircraft activity data for August 1-31, 2015 vs. July 1-31, 2015 and August 1-31, 2015 vs. August 1-31, 2014 respectively. TRAQPak sees a late summer slow-down in flight activity; August finishes up...
China Eastern Airlines (MU) is set to increase its capacity to Oceania by 20%, the airline said on Thursday. The Shanghai-based carrier will boost its capacity to Oceania by launching Shanghai-Auckland route in September and Shanghai-Brisbane route in January 2016, and increasing the frequency of other Oceanian services. The airline will commence the Shanghai-Auckland service on Se...
Gulfstream Aerospace Corp. today announced that Sheryl Bunton has been named the company’s chief information officer (CIO). Bunton reports to Dan Clare, chief financial officer, Gulfstream. Bunton is responsible for establishing and leading the delivery of technology solutions and strategies across the enterprise. “Sheryl brings a tremendous amount of professional, industry and l...
Proflight Zambia has launched a direct flight from Lusaka to Durban, running three times a week starting next week. Durban is ranked as one of South Africa’s most popular cities, with attractions for tourists, an array of shopping opportunities and good schools for those looking to relocate. Durban also provides a base for connections throughout the city and for those looking to travel by...
Legendary Jet24 Awards rocks Russian business aviation! On September, 11 popular gentlemen’s club “Rasputin” welcomed charter flight brokers for Jet24 Awards, hosted by Jet24 company. The shindig honored all charter brokers, who ‘ d come to visit the 10th International Exhibition Jet Expo 2015 in Vnukovo 3. Crazy show, unexpected surprises and special gifts created th...
A Qatar Airways Boeing 777 sustained “substantial” damage after striking approach runway lights while taking off from Miami International airport earlier this week, according the FAA The aircraft, - operating Qatar flight 778, “continued to its destination of Doha Hamad International airport and landed without incident on Wednesday, a report by the FAA said. After landing, a...
British Airways and Vueling continue to forge closer ties as the Barcelona-based Spanish airline adds its flight code to more than 30 BA flights to Spain and Italy starting this autumn. This significant move for the two International Airlines Group airlines means that Vueling’s customers can book BA flights on routes to and from Gatwick and Heathrow airports. This cements the rec...
Mubadala has become the 100% owner of Piaggio Aerospace, the maker of the Avanti turboprop and more recently the unmanned P1 HammerHead (P1HH) reconnaissance platform. Piero Ferrari – head of the famous automotive manufacturer which bears his family name – sold his remaining 1.95% shareholding to the Abu Dhabi investment business. Ferrari had rescued the ailing Italian in 1998 and h...
