Directors slapped with injunction as confusion heightens over Hong Kong Airlines’ ownership

Having triggered a hostile takeover of Hong Kong’s third-largest carrier, former director Zhong Guosong has served a writ on four directors of ailing Hong Kong Airlines. The directors are chairman Hou Wei, Wang Liya, Sun Jianfeng and Tang Kit, all of whom have ties to controlling shareholder HNA Group. The writ, which was served Tuesday, April 23, preventing them from interfering, sabotaging, or making decisions beyond the normal operation of the business, unless approved by Zhong and his rival board. Acting on behalf of current management, the airline’s in-house PR team, confirmed in a statement that it had received the Read more

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StandardAero delivers PT6A-67D engine services to Alpine Air Express

StandardAero is to support a new entry into the cargo aircraft market, the Alpine Air Express Beech 1900D Super Freighter.  As a Designated Overhaul Facility (DOF) with Distribution rights for the Pratt & Whitney Canada PT6A family, StandardAero is delivering Alpine Air and its customers with responsive PT6A-67D support for its Super Freighter program. Developed through a Supplemental Type Certificate (STC) program by well-known scheduled air cargo services provider Alpine Air, the Super Freighter converts the Beech 1900D into a highly capable cargo aircraft with a 40% capacity increase over the established 1900C freighter.  Powered by the reliable PT6A-67D, the Read more

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NAC delivers two E-jets on lease to Belavia

Belavia ©AirTeamImages

Nordic Aviation Capital (NAC) has delivered one new Embraer E195, MSN 19000765 and one new E175, MSN 17000782, to JSC Belavia-Belarusian Airlines on lease. The five aircraft agreement, which comprises of three E195’s and two E175’s, is an essential part of Belavia’s fleet growth initiative which will allow them to successfully implement their cost-effective development strategy.

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JetBlue announces first quarter 2019 results

JetBlue has reported that first quarter 2019 revenue per available seat mile (RASM) declined 3.1%, year over year, driven by holiday calendar acement, improved completion factor and certain areas of softness observed in the trough period. Excluding the 0.75 point impact from high completion factor, RASM declined 2.4% year over year, slightly better than the mid-point of our guidance range of down (3.5%) to down (1.5%). JetBlue reported GAAP pre-tax income of US$58 million, a decline of 48.5% from US$113 million in the first quarter of 2018. Excluding the one-time costs, adjusted pre-tax income of US$70 million, a decline of Read more

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China’s first Airbus H215 helicopter delivered to SGGAC

China’s State Grid General Aviation Company takes delivery of one heavy twin-engine Airbus H215 helicopter ©Airbus Helicopters

China’s State Grid General Aviation Company (SGGAC) has taken delivery of one heavy twin-engine Airbus H215 helicopter – a member of the mission-proven Super Puma family – becoming the launch customer for the H215 in China. A subsidiary of the State Grid Corporation of China (SGCC), the world’s largest utility company, SGGAC performs aerial construction and maintenance work along China’s network of high and very-high voltage power lines.  The H215 will join the company’s existing fleet of 15 Airbus helicopters, comprised of H125s, an H120 and an H225. This addition will enable SGGAC to perform new missions such as cable Read more

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Air Partner names Kevin Macnaughton Managing Director, Charter

Kevin Macnaughton

Air Partner, the global aviation services group, has appointed Kevin Macnaughton as Managing Director, Charter, with immediate effect. Macnaughton is responsible for the development of the Charter division’s business strategy and reports directly to Air Partner CEO Mark Briffa. He brings with him a wealth of experience in the aviation charter industry, both in the UK and overseas, having held a number of senior roles at NetJets over a period of 13 years. Most recently, he was Company Director, Head of European Sales, leading the planning and execution of the sales strategy.

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Silver Airways launches regularly scheduled flights aboard new ATR -600 series aircraft

Silver Airways starts scheduled flights aboard its new ATR -600 series aircraft ©ATR

Silver Airways has launched its regularly scheduled flights aboard its new ATR -600 series aircraft on April 22. The first flight departed Fort Lauderdale-Hollywood International Airport at 10:40 a.m and arrived at Key West International Airport at 11:55 am (EST). Silver Airways, an American independent, regional airline, is reinventing the regional flying sector by being the first U.S. carrier to operate ATR -600 series aircraft.  Silver Airways has taken delivery of three new ATR 42-600 aircraft from NAC (Nordic Aviation Capital). The aircraft is specifically designed for short-haul markets, but with the same look, feel and customer amenities of larger Read more

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United Technologies reports first quarter 2019 net income of US$1.3 billion, up 4%

United Technologies has reported first quarter 2019 results. Sales of US$18.4 billion were up 20% over the prior year, including 8 points of organic sales growth and 15 points of acquisition benefit offset by 3 points of foreign exchange headwind. GAAP EPS of US$1.56 was down 4% versus the prior year and included 25 cents of nonrecurring charges and 10 cents of restructuring. Nonrecurring charges included 16 cents of Rockwell Collins inventory step-up amortization, 6 cents of costs related to the UTC portfolio separation activities and 3 cents of other net charges. Adjusted EPS of US$1.91 was up 8%. First Read more

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FAI Technik receives FAA approval for EASA MRO licence

©FAI's latest Global Express refurbishment project, Project Pearl, undergoes inspections

FAI Technik GmbH, the maintenance division of Germany’s FAI Aviation Group, has received FAA approval for its EASA Part 145 licence. With the certificate in place, the company is fully authorized to perform maintenance, repair and overhaul on US registered business aviation aircraft at its Albrecht Duerer Airport headquarters in Nuremberg. This latest licence follows similar approvals from the Nigerian authorities in October 2018 and from the Cayman Islands and Bermuda in 2017. Last month, FAI Technik started work on its sixth in-house Global Express cabin refurbishment which marked one of the most extensive refurbishment projects for the type.  Named Read more

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Airbus appoints Jean-Marc Nasr Head of Space Systems

Jean-Marc Nasr

Airbus has appointed Jean-Marc Nasr Executive Vice President Space Systems within the Airbus Defence and Space division. Nasr will assume his new duties on 1 June 2019 and succeeds Nicolas Chamussy whose next assignment is subject to further notice. In his new role, Nasr will be Member of the Airbus Defence and Space’ Executive Committee and report to Dirk Hoke, CEO of Airbus Defence and Space. Presently, Nasr serves as Head of Region Asia Pacific for Airbus and Airbus Defence and Space. Johan Pelissier currently Head of South East Asia within Airbus Defence and Space, will succeed Jean-Marc Nasr in Read more

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