Bii signs exclusive lease lease-and and-exchange agreement with European Air Charter

Bii.aero, a leading provider of aircraft parts and services for the commercial aviation sector, has signed an exclusive lease-and-exchange agreement with Bulgarian airline European Air Charter (EAC). The three-year deal, which will ultimately comprise 10% of Bii’s A320 inventory, will also see the company undertaking repair management for the airline. The inventory of modern A320 components will be divided between Sofia, Bulgaria and Germany for accessibility and will support the airline’s fleet of six A320s operating charter flights from eight cities in Germany to destinations in Egypt, Bulgaria, Croatia, Italy and others.  “Bii will be offering full support for all Read more

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Heathrow’s plans for hike in passenger charges thwarted as CAA demands a reduction

London Heathrow Airport ©AirTeamImages

London Heathrow Airport’s plans to increase passenger charges from £30.19 to £41.95 have been scuppered by the UK Civil Aviation Authority (CAA). Instead, the CAA is demanding that over the next five years passenger charges be incrementally reduced to the point where, by 2026, they have been reduced to £26.31 per passenger. The charges made by Heathrow go towards the operating costs of terminals, runways, baggage handling systems and security, among others. The CAA has stated that the reduction in the charge “reflects expected increases in passenger numbers as the recovery from the pandemic continues and the higher level of Read more

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United States Army And Sikorsky Strengthen Army Aviation Fleet With 10th H-60 Black Hawk Helicopter Contract

HH-60M MEDEVAC helicopter ©Lockheed Martin

The United States government and Sikorsky, a Lockheed Martin company, have signed a five-year contract for a baseline of 120 H-60M Black Hawk helicopters, with options to reach a total of 255 aircraft to be delivered to the U.S. Army and Foreign Military Sales (FMS) customers. Sikorsky continues to modernise and enhance the Black Hawk to meet the Army’s challenging and evolving missions by continuously delivering aircraft thanks to a hot production line, mature well-established supply chain and digital factory. The “Multi-Year X” contract for UH-60M Black Hawk and HH-60M MEDEVAC aircraft marks the 10th multiple-year contract for Sikorsky and Read more

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IAG Cargo partners with Bollore Logistics to purchase one million litres of sustainable aviation fuel

©IAG Cargo

IAG Cargo, the cargo division of International Airlines Group (IAG) announces its partnership with Bollore Logistics to purchase one million litres of sustainable aviation fuel (SAF). The SAF will be manufactured at Phillips 66 Humber Refinery in North Lincolnshire UK from sustainable waste feedstocks and delivered in two shipments, in July 2022 and November 2022 and will reduce approximately 2,400 tonnes of CO2 on a net lifecycle basis. IAG Cargo is committed to making aviation more sustainable, and over the last year has bought over 10 million litres of SAF to reduce its customers’ supply chain emissions on a net Read more

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Riverside Aircraft Maintenance Ready for Success with WinAir

©WinAir

Riverside Aircraft Maintenance has implemented WinAir Version 7 and is using the product daily to track and manage its maintenance activities and maintain inventory control. Over the past month, the company finished migrating its aircraft compliance and inventory data into the aviation management software, completed its role-based end-user training and entered the go-live stage of its software implementation with the oversight of WinAir’s team. Its successful transition to the software using a fully self-guided express implementation approach proved seamless. Now that this software implementation is complete, Riverside Aircraft Maintenance looks forward to improving efficiencies, accelerating processes, and maintaining compliance.

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Nordic Aviation Capital closes US$400m warehouse facility

Nordic Aviation Capital (NAC) has closed a five-year senior secured warehouse revolving credit facility with an initial committed amount of US$400 million (the Facility). Deutsche Bank AG acted as sole structuring agent for the Facility. Initial commitments for the Facility were provided by Deutsche Bank AG, Royal Bank of Canada and Citi. Gareth Halpin Executive Vice President & Group Treasurer, Global Funding and Treasury said, “Following our recent emergence from Chapter 11, this US$400 million Facility demonstrates the confidence that our lending partners have in the new NAC platform and business plan and we are grateful for their support. This Read more

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Complete Aircraft Group finalises acquisition of Aerocare AS

Complete Aircraft Group (CAG), part of JMC Group (JMC), the established aviation services business, has finalised the acquisition of MRO Part 145 provider, interiors and paint specialist Aerocare Aviation Services. This formally ratifies its September 2021 terms of agreement and cements CAG’s move into business aircraft support. The Aerocare Aviation Services Limited name remains unchanged. “We are delighted to be integrating Aerocare into Complete Aircraft Group (CAG).  It is a company that has developed a great reputation in business aircraft support with a prestigious customer base.  We look forward to maximising group synergy, not just within CAG through our work Read more

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US airlines cancel 700 flights while German airports look to hire foreign workers

Delta Air Lines had to cancel over 100 flights on Sunday©AirTeamImages

On both sides of the Atlantic carriers and airports have been struggling to take on new staff to cope with the surge in demand for air travel after the lifting of multiple worldwide travel restrictions. Airlines and airports alike shed thousands of jobs at the peak of the COVID-19 pandemic and many of those employees have gone on to find employment in other industries and have chosen not to return to the aviation sector. In the US, as at 6.07 a.m. Eastern Time on Monday, according to Flightaware.com, 669 flights into, out of or within the country had been cancelled. Read more

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Aer Lingus signs for two A320neo aircraft

©CDB Aviation will lease two Airbus A320neo aircraft to Aer Lingus

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has agreed to lease two Airbus A320neo aircraft to Irish flag carrier, Aer Lingus, for delivery during this summer season. The transaction marks the introduction of the first A320neo variant in the airline’s growing fleet. The aircraft, which are fitted with 186 seats in an all-economy layout, will be delivered to Aer Lingus in July 2022 and will become part of the backbone of its short-haul fleet, operating on routes between Ireland and European destinations.

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