Thomas Cook subsidiary Condor saved with €380 rescue loan

©Condor

Condor Flugdienst GmbH (Condor) the German leisure airline and subsidiary of the now defunct Thomas Cook Group, has received approval from the European Commission for a loan from the German government of €380 million (US$418 million) to guarantee the smooth continuation of operations while it looks to shore up its future and battle against a liquidity shortage after the demise of its parent company. The loan received approval as it is not seen as tantamount to distorting competition in the single market and will be used to write off major claims against other Thomas Cook Group companies which it will Read more

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Rolls-Royce and Volo Aero MRO sign ten-year T56 engine support agreement

Rolls-Royce and Volo Aero MRO have signed a ten-year agreement covering the support of T56 single engine piece part maintenance repair and overhaul services. With over 18,000 engines manufactured since 1953 and more than 230 million flight hours accumulated, the T56/501 engine continues to be the leader of large turboprop engines for both military and commercial use. They are maintained by the Rolls-Royce authorized MRO Support Network, providing affordable, reliable support solutions. The AMC Network includes 9 approved, licensed maintenance centres around the globe. Volo Aero MRO is an FAA and EASA certified MRO based in Massachusetts , offering in Read more

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Barfield enters into agreement to support GSTE products in Europe

Barfield Falgayras agreement ©AFIKLME&M

Barfield, a subsidiary of Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) in the Americas, has signed an agreement allowing Falgayras to become Barfield authorized repair center in Europe. The agreement covers the repair and calibration of several GSTE products including Air Data/Pitot Static, and Turbine Temperature. The first agreement with Falgayras allowed Barfield to become the distributor of the French-based manufacturer in June 2018. Falgayras supplies and manufactures aircraft on-board equipment such as flight control and navigational equipment, electronic and motor control equipment.

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AerCap leased, purchased and sold 108 aircraft in the third quarter 2019

AerCap Holdings N.V. has announced its major business transactions during the third quarter 2019: AerCap has signed lease agreements for 72 aircraft, including 13 widebody aircraft and 59 narrowbody aircraft. During the quarter the company has purchased 16 aircraft, including 9 Airbus A320neo Family aircraft, 1 Airbus A350, 4 Boeing 787-9s and 2 Embraer E2s. AerCap has executed sale transactions for 20 aircraft during the third quarter, including 8 Airbus A320 Family aircraft, 3 Airbus A330s, 6 Boeing 737NGs, 1 Boeing 777-300 and 1 Boeing 777-300ER from AerCap’s owned portfolio and 1 Airbus A320 Family aircraft from AerCap’s managed portfolio. Read more

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C&L Aerospace purchases Beechjet business from Global Parts

C&L Aerospace has purchased the Beechjet 400 rotable parts program from Global Parts. As part of the transaction, C&L has acquired Global’s entire Beechjet rotable inventory. All parts from the program are now stocked in C&L’s Bangor, ME warehouse. Parts from this purchase will bolster existing inventory and be used to support C&L’s robust Beechjet support programs. Highlights from the inventory include Pitch Trim Actuators, brakes, power supplies, and more. This inventory is inspected and has gone through a cataloging process which includes photographing and barcoding the parts and corresponding documentation making purchases faster, easier and more transparent for the Read more

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SkyUp selects Acro’s Series 3 Ultra seat

SkyUp selects Acro Series 3 Ultra seats ©Acro

SkyUp Airlines has selected the Series 3 Ultra seat from Acro Aircraft Seating for eight of its aircraft, comprising of six B737-800 and two B737-700 aircraft. SkyUp Airlines, the Ukranian charter and low-cost airline which began its flight programme in 2018, is the latest airline to join Acro’s expanding roster of customers.  Acro’s Series 3 Ultra seat will now feature on SkyUp’s flights from Kiev, Ukraine to Tbilisi, Batumi, Erevan, Larnaca, Barcelona, Naples, Turin, Alicante, Paris, Nice, Sharjah, Praha, Tel-Aviv, Lviv and Kharkiv. Additional routes are scheduled for later in 2019, connecting Ukraine with Georgia, Cyprus, Italy, Spain, France, Israel, Read more

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Lufthansa Technik helps to bring first inflight internet to China

Lufthansa Technik has further increased its market presence for connectivity modifications in Asia, the world’s most rapidly developing market for inflight internet solutions. As the most recent customer for these services, Lufthansa Technik welcomed Chinese service provider Air Esurfing Information Technology, which it will help in providing aircraft with the first ever inflight connectivity solution for the Chinese market. Further contract partners include Honeywell (antenna hardware provider) and China Satcom (satellite provider). According to a new 5-year agreement, Lufthansa Technik will design and certify Ka-band-based connectivity retrofit packages for both the Airbus A320ceo and A320neo aircraft families as well as Read more

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Aero Asset’s third quarter preowned helicopter market trends show improving conditions

Bell 429 helicopter ©Aero Asset

International helicopter brokerage, Aero Asset, has releases its third quarter (Q3) 2019 Preowned Helicopter Market Trends. Its latest report shows North America as the most active region.  A total 37% of pre-owned twin engine helicopter buyers were in this territory in the thired quarter, up from 31% in the second quarter. Year to date (YTD), 85 twin turbine helicopters closed to retail buyers (across all weight classes) and twin engine supply for sale is down nearly 20% to 230 aircraft, the report highlighted. Drawing on its proprietary intelligence and close knowledge of the market, Preowned Heli Market Trends reviews Q3 Read more

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Ideagen’s software to support TP Aerospace’s global expansion plans

TP Aerospace, a leading aftermarket supplier of wheels and brakes to the aviation industry, is to implement software from Ideagen as it expands its global quality management operations. The Copenhagen-based organisation will adopt Ideagen’s Q-Pulse quality management software as the company rolls out its growth plan – ‘Green Sunrise’ – a project that aims at moving closer to customers, amongst others, through more locations around the world. With more locations being added to its already wide-spread network of MRO facilities and sales and support offices, TP Aerospace is not only expanding its operations into new countries and growing its global Read more

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Air Austral signs firm order for three A220s

Contract signing between Air Austral and ©Airbus

Air Austral, France’s Réunion Island-based airline, has signed a firm order for three A220 aircraft, Airbus’ newest family member. With this order Air Austral becomes the first A220 customer based in the Indian Ocean region. Benefiting from a 20% reduction in fuel burn and CO2 emissions, the A220s will enable Air Austral to reduce its costs and carbon footprint on international routes in the region. “Air Austral has chosen the A220-300 as part of the renewal of its Medium and Short Haul fleet. These new generation aircraft will join the airline from the end of 2020 with the aim of Read more

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