Remaining 55% of SN Airholding to be acquired through exercise of call option – transaction to be concluded beginning of 2017 The Supervisory Board of Deutsche Lufthansa AG approved the exercising of a call option to acquire the remaining 55% of shares in SN Airholding, the parent company of Brussels Airlines, at its meeting today. The approval paves the way for Lufthansa’s full acq...
An additional Bombardier Global 6000 jet has joined the fleet of fast-growing, Singapore-based charter operator, Zetta Jet. The delivery ceremony took place at Bombardier Business Aircraft’s Global Completion Centre in Montréal. This latest Global aircraft to join Zetta Jet’s all Global fleet is slated to operate out of Zetta Jet’s North Ameri...
Gulfstream Aerospace Corp. announced it has sold the last Gulfstream G150, marking the end of the mid-size aircraft's more than 10-year production run. The final G150 will be delivered to a customer in mid-2017. “The G150 has had a distinguished history, spanning more than a decade,” said Mark Burns, president, Gulfstream, “and it remains an important part of our busi...
Airbus has commenced the final assembly of its first A330neo, an A330-900, at its Final Assembly Line in Toulouse with the joining of the wings to the centre fuselage at station 40. As the newest member of the world’s most popular A330 wide-body family the A330neo builds on the Family’s proven economics, versatility and reliability, set to reduce fuel consumption by a further...
Air Canada announced that it has priced a private offering of senior secured notes and received commitments from lenders for a new credit facility in connection with its C$1.25 billion refinancing transaction. As part of its refinancing transaction, Air Canada entered into a purchase agreement with a syndicate of initial purchasers relating to a private offering of C$200 million aggregate princ...
Kazakhstan may begin producing modern amphibious Be-103 aircraft for aerial firefighting, Tengrinews.kz reported citing the Aviation Explorer Commonwealth for aviation experts. “Our customers are interested in two types of aircraft, namely Be-200ES and light amphibious Be-103. We are talking about both the acquisition of aircraft, as well as joint promotion in the mark...
Bombardier Commercial Aircraft announced that its CS300 jetliner, the second CS300 flight test vehicle, has embarked on a series of European and Middle Eastern route-proving flights alongside first operator airBaltic of Latvia. The flights – which will operate from the airline’s base in Riga include stops in Vilnius, Lithuania, Tallinn, Estonia and Abu Dhabi, United Arab Emirates...
Pratt & Whitney has overhauled more than 7,600 engines at its Singapore engine center, marking a significant milestone in the center’s history. The engine center, Pratt & Whitney Eagle Services Asia, is a joint venture between Pratt & Whitney and SIA Engineering Company. Pratt & Whitney is a division of United Technologies Corp. (NYSE: UTX). Over three decad...
Wizz Air, the largest low-cost airline in Central and Eastern Europe, today celebrates the major milestone of opening its 25th base in Kutaisi, Georgia. The airline has based one of its new Airbus A320 aircraft at Kutaisi Airport, starting seven additional new low-fare routes to such attractive destinations as Berlin, Dortmund and Munich Memmingen in Germany, Larnaca in Cyprus, Milan in Italy, Sof...
Wijet today announces that it is acquiring Blink to create the world’s largest air taxi company, with an enterprise value of €45m. The transaction will see the respective fleets being brought together into the same company and based all across Europs. With the scale that fifteen Cessna Mustang very light jets provides, the true efficiencies of the air taxi service can be realised ...
Following a steady decline in Russian charter flight volumes over the past two years, leading aircraft charter provider, Air Charter Service, has reported that it is starting to see the shoots of recovery in private jet bookings from its Moscow operation in the last few months. Azat Mulgimov, managing director of ACS Russia comments: “Over the 18 months to February of this year, we only s...
Aircraft operators and flight departments will have access to an end-to-end aircraft management solution through mobile devices, tablets and web browsers as a result of a recently signed agreement between Rockwell Collins and Stellar Labs. Under the agreement, the companies will co-develop a next-generation flight operations management platform, based on Rockwell Collins’ ARINCDirect®...
