Following the abrupt pandemic-induced plunge in preowned aircraft sales in March 2020, members of the International Aircraft Dealers Association (IADA) experienced a rising wave of transactions, highlighted by a fourth quarter surge of 554 closed deals. IADA began tracking sales metrics in April on a monthly basis as a result of the volatile used aircraft sales transactions caused by the impact...
AvAir has acquired Airbus A320 rotable pool from HAECO ITM Limited, a member of the HAECO Group. The HAECO Group is one of the world's leading aircraft engineering and maintenance service providers. HAECO ITM provides services ranging from flexible inventory pooling options, Power-By-The-Hour support services and repair management to ad-hoc loans, exchanges and worldwide AOG support....
Exceptional Capital Strength Positions Avolon for 2021 Dómhnal Slattery, CEO Avolon, commented: “2020 was the most challenging year the commercial aviation industry has ever faced. The level of airline distress truly tested the resilience of the leasing sector business model. Through Avolon’s decisive actions to reduce our capital commitments, strengthen our liquidity an...
ST Engineering announced that it has entered into a 10-year agreement with Honeywell Aerospace that will see the Group appointed as the only licensed MRO service provider based in Asia Pacific for Honeywell components installed on the LEAP-series engines. Under the agreement, ST Engineering is appointed to provide component MRO and warranty repair services to all Asia Pacific operators for Ho...
Etihad Aviation Training (EAT) has signed a contract with Israir Airlines to offer Full-Flight Simulator pilot training for Israir Airlines’ Airbus A320 pilots. As part of the agreement, Israir will dry lease EAT’s Full-Flight Simulators at the training facility located in Abu Dhabi. The training will be conducted by Israir instructors at the Etihad training facility. Captain Pao...
Muncie Aviation Company announced the acquisition of Des Moines Flying Serviceof, a step that merges two of the longest-standing Business and General Aviation sales and service centers in the world.The transaction was completed on January 1st, 2021. BCC Advisers of Des Moines assisted with this transaction. Established in 1939 by Howard Gregory, DMFS has evolved into one of the larges...
Hong Kong-based Metrojet Limited is the first MRO to have completed the installation of the Bizjet Mobile System on a Bombardier Global 5000 aircraft. The Bizjet Mobile System provides a platform for the passengers and crew members to communicate via mobile devices while on board, without the need of setting up a broadband system and network for the aircraft. On-site support fro...
Airbus SE delivered 566 commercial aircraft to 87 customers in 2020, in line with the production adaptation plan set out in April 2020 in response to the COVID-19 pandemic. In 2020, deliveries comprised: 2020 (including) 2019 (including) A220 Family 38 48 &...
In order to provide passengers and employees of the companies working at the Airport with additional opportunities to take Covid-19 test conveniently, E.Gulbis Laboratory contactless Covid-19 testing point was opened at Riga Airport. At the mobile testing point of E.Gulbis Laboratory, which is located at the exit of arrivals hall E, Covid-19 test can be taken by travellers, Airport guest...
Baldwin Safety and Compliance has launched its new Alaska Aviation Safety Exchange SMS/QMS program customized for the Alaska aviation community. Alaska Seaplanes, an FAA part 135 commuter airline based in Juneau, Alaska, has rolled out their new SMS program using this scalable Baldwin program. The Alaska Aviation Safety Exchange features easy-to-use software that enables customi...
Bell announced the delivery of a Bell 505 to the Fort Worth Police Department. Bell executives and city officials celebrated this delivery at the police department’s hangar at Meacham Airport to mark a 70-year relationship between Bell and Fort Worth. The Fort Worth Police Department currently operates two Bell 206 Jet Ranger aircraft; the addition of the Bell 505 will provide exce...
Centreline AV Limited, a PASL business, has acquired the trading name and key assets of Capital Air Ambulance from the Rigby Group. The deal sees Centreline acquiring two King Air 200 series aircraft, ground ambulances and a significant suite of specialist medical equipment as part of PASL’s strategy for growth where significant synergies with existing operational activities can co...
