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Rolls-Royce completes acquisition of eAircraft business

Azul First E195-E2 - a reason to celebrate for Embraer, Azul, AerCap and Pratt & Whitney

September 12 2019 a special ceremony at Embraer main facility in São José dos Campos was dedicated to the delivery of first E195-E2, the biggest of the three members of the E-Jets E2 family of commercial aircraft! This is the reason to celebrate for all companies who were working...

Welcome to aviation - Valsoft acquired Commsoft OASES

Valsoft announced the acquisition of Commsoft OASES, a leader in the aviation engineering and maintenance software market, based in Tiptree, UK. Founded as a software house in 1971, Communications Software (Airline Systems) Limited won its first airline contract in 1975 with industry innovator La...

The expansion of Embraer Eugênio de Melo unit, in São José dos Campos

During the celebration of 50th anniversary, Embraer announced US$ 30 million investment in the expansion of its Eugênio de Melo unit, in São José dos Campos. Through the construction of new facilities, the site will have capacity for over 4,000 employees. The site currently has 1,500 employees working in manufacturing, development, engineering, structural and system testing, and training, among o...

Vietnam Airlines Flies Its First Boeing 787-10 Dreamliner

Boeing delivered the first of eight 787-10 Dreamliner airplanes to Vietnam Airlines today via lease from Air Lease Corporation . The Vietnamese flag carrier plans to put the 787-10 – the most fuel-efficient twin-aisle airplane in the industry – on the busiest routes in its expanding network. "Welcoming the largest member of the 787 family to our growing fleet ensures...

New five-year investment plan at Gatwick to improve resilience and create future capacity

Gatwick is publishing its new five-year Capital Investment Programme (CIP) which highlights more investment in automation and technology as an enabler of sustainable growth. New initiatives include robotic parking and automated boarding technology, which will speed up boarding and give passengers more choice about how they spend their time. Gatwick’s total investment since 2009, com...

Ural Airlines Receives First of Three A320neo Aircraft from CDB Aviation

CDB Aviation announced the delivery of an Airbus A320neo aircraft to its new customer in Russia, Yekaterinburg-based Ural Airlines. The aircraft is part of the lease agreement for a fleet of three A320neos, with two further jets slated for arrival through the end of 2019. The delivery also marks the introduction of the first CFM International LEAP-1А-powered A320neo to be operat...

Air Seychelles gets Africa’s First A320neo from CDB Aviation

CDB Aviation delivered Airbus A320neo to Air Seychelles, the national airline of the Republic of Seychelles. While being the first A320neo family aircraft type to be delivered to an African airline, the aircraft is also the first unit equipped with CFM’s new generation LEAP-1A engines to be operated on the continent. “We congratulate the Air Seychelles team...

200 Million Euro Bond Issue Successfully Placed by airBaltic

Latvian airline airBaltic on July 23, 2019successfully placed a 200 million euro issue 6.75 percent 5-year bonds becoming the largest corporate bond issue originating from Latvia. The transaction was well received by the international and local investor community resulting in a final allocation to more than 100 investors from 25 countries and the demand for the securities exceeded s...

Final Approval to Form American Airlines and Qantas Joint Business is Received

American Airlines welcomes the U.S. Department of Transportation’s final approval of a joint business agreement with Qantas. American and Qantas now have the opportunity to jointly offer more products that will better serve customers flying between the United States and Australia and New Zealand. This has been a longstanding business objective of the partnership. “We look forward to...

Cathay Pacific acquired Hong Kong Express Airways

Cathay Pacific acquired of Hong Kong Express Airways, which is now its wholly owned subsidiary. However, HK Express will remain a stand-alone low-cost carrier to serve a niche value market segment Cathay Pacific Chief Executive Officer and HK Express Chairman Rupert Hogg said: “We are very excited to welcome HK Express into the group. We strongly believe that the acquisitio...

FACC increases sales, earnings below prior-year quarter

FACC AG started 2019 with a slight increase in revenues, but a decline in profits. Compared to the previous year, Group revenues increased moderately by 2.2 % to EUR 193.7 million in the first quarter. However, reported earnings before interest and taxes (EBIT) amounted to EUR 7.4 million and were thus, as expected and already communicated, below the level of the first quarter of the previous year...

Dassault Aviation acquired business aviation activities of RUAG in Geneva and Lugano

Business aviation professionals are quite ready for big announcements during TOP important industry events. At the moment we've been true the wave of important news during EBACE, but NBAA convention is still some month ahead. However, here one more very important announcement - Dassault Aviation and RUAG announced the acquisition by Dassault Aviation of the maintenance and FBO activi...

To Fill Market Gap, Cougar Acquires Advanced Technology Aircraft

The aviation training market has exploded with airline demand and it is forecast that training over 800,000 pilots worldwide will generate a need for thousands of new planes.That adds up to potential sales of over $7 Billion USD. Market demand to produce new training planes has increased so much the one major light plane maker has revealed a 700 plane backorder and $350 million in annual...

Sparfell Aviation Group acquires LaudaMotion Executive

An important acquisition in business aviation world -Swiss-based Sparfell Aviation Group acquires LaudaMotion Executive! From now Sparfell Aviation Group is now able to provide a one-stop solution for every need in private aviation. Headquartered in Vienna, LaudaMotion Executive holds an Austrian air operator’s certificate (AOC) and operates a fleet of 13 business jets primaril...

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Essential news

Avolon places landmark order for 110 Airbus A320neo and A330neo aircraft

Avolon, one of the world’s leading aviation finance companies, has reinforced its long-term growth strategy with a firm order for 110 Airbus aircraft, including 35 A330-900 widebodies and 75 A32...

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airBaltic files first monthly operating reports with U.S. court and publishes preliminary unaudited financial information

Air Baltic Corporation AS , Latvia’s national airline and the leading carrier in the Baltic States, announced that airBaltic and its subsidiaries participating in the voluntary Ch...