FL Technics, a global provider of one-stop-shop aircraft maintenance, repair and overhaul services, has announced having signed an exclusive distribution agreement with Flitetec, an aircraft interior plastics manufacturer. As per contract, FL Technics shall represent the UK-based company in 21 countries across Central, Eastern Europe and the CIS. As the sole representative of Flitetec in Russi...
Ryanair would be interested in bidding for the whole of insolvent German carrier Air Berlin, but it needs access to more data on the airline's finances, Chief Executive Michael O'Leary told Reuters. "We would be very happy to bid for the whole of Air Berlin, which is generally a short-haul, domestic, intra-EU carrier," O'Leary said by telephone. "But we don...
Gulfstream Aerospace Corp. and sister company Jet Aviation announced that Gulfstream will assume responsibility for Jet Aviation’s maintenance operations at St. Louis Downtown Airport in Cahokia, Illinois. Jet Aviation will continue to fulfill its obligation to current maintenance, repair and overhaul (MRO) and completions customers through the transition, which will start lat...
VistaJet today announces that it has signed a ground breaking transaction with investment funds affiliated with Rhône Capital, which have invested $150 million of cash into the business. Together with secondary acquisitions, Rhône will have a $200 million stake in VistaJet, in a transaction valuing VistaJet’s equity on a post-money basis in excess of $2.5 billion. The investment...
Luxaviation UK, the UK's largest private aviation charter operator and part of the Luxaviation Group, is reporting an increase of 30% in this summer's music festival business (May to September 2017) versus the same period last year. George Galanopoulos, managing director, Luxaviation UK, says: “Getting artists, their management and support teams from A to B at the height of the fe...
Safety is our top priority. Our test pilots, following an occurrence last week, followed standard procedures and returned to base uneventfully. Bombardier and GE have determined that the root cause of last week’s reported occurrence was an isolated event. The Global 7000 aircraft program’s flight and ground test campaigns continue on track for entry-into-service in the second...
JetLoan Capital has announced that it completed another three transactions in June: The transactions were a Gulfstream G550, with a five-year term and $14 million loan; a Citation CJ1, with an 80% LTV including improvements, 5.5% fixed rate with a 48-month term, and 156-month amortisation; a Grand Caravan turboprop, with 75% LTV, 4.5% fixed rate on a 60-month term with 180-month amortisation....
Airbus is hosting the Asian Youth Orchestra (AYO) in Toulouse for a special concert, organised in partnership with Cathay Pacific Airways and the Hong Kong Economic & Trade Office. This concert is part of a world tour by the AYO to mark the 20th anniversary of the establishment of the Hong Kong Special Administrative Region (SAR). The AYO is one of the most respected and acclaimed pre-profe...
According to Russian Deputy Prime Minister Dmitry Rogozin, Russia's Il-96-400 passenger airliner will allow Russian planes to win back the country's domestic air transportation market. Russia's Il-96-400 passenger airliner, manufactured by the Voronezh Aircraft Production Association (VASO), will allow Russian planes to win back the country's domestic air transpor...
Cathay Pacific Group has signed a Memorandum of Understanding (MOU) with Airbus for 32 A321neo single-aisle aircraft. The aircraft will be operated by Cathay Dragon, the regional carrier of the Group, on services linking its Hong Kong home base with destinations across Asia. The new A321neo aircraft will replace and modernise Cathay Dragon’s current in-service fleet of 15 A320s and eight...
BACA – The Air Charter Association is calling for an urgent review of regulations for the practice of bookings made on a private flight, cost-sharing basis. The Association is suggesting that global regulatory authorities should work together with the industry to deliver a set of standards that maximise safety and security on all flights operated on this basis. The practice is growing, pa...
Air BP, the international aviation fuel products and service supplier, is now offering commercial jet biofuel (biojet) to customers at Bergen airport in Norway (BGO/ENBR). The first batch was delivered to the airport on 16 August. This follows Air BP’s successful introduction of biojet at Halmstad airport in Sweden in June 2017 and at Oslo airport in Norway in January 2016. As with Oslo,...
