Sam Harris, President of JetLoan Capital based in Stuart, FL announced that the company completed five aircraft financing transactions in March 2018. The transactions are as follows: • Refinancing of a 2002 Citation X with an interest rate of 5.07%, 42-month term, and 144-month amortization for a client who uses the plane in a Part 135 Operation. • Acquisition financing for a 2001 Le...
Investment furthers Boeing's commitment to a competitive ecosystem for aerospace-quality 3D-printed parts Boeing [NYSE: BA] announced its investment in Morf3D, an El Segundo, Calif.-based company specializing in metal-based additive engineering and manufacturing. Morf3D's technology enables lighter and stronger 3D-printed parts for aerospace applications. Since Morf3D was e...
Singapore Airlines to resume world’s longest commercial flights The Ultra Long Range version of the A350 XWB, MSN 216, has successfully completed its first flight. The latest variant of the best-selling A350 XWB Family will be able to fly further than any other commercial airliner and will enter service with launch operator Singapore Airlines in second half 2018. The aircraft pow...
Brussels Airport was crowned the overall winner of the Routes Europe 2018 Marketing Awards at a ceremony tonight (23 April) in Bilbao, Basque Country. The annual Routes Europe Marketing Awards are highly regarded in the aviation industry because they are voted for by airline network planners. They recognise the outstanding marketing services that have supported the launch of new air r...
Aviation has always been on the leading edge of innovation. Recently, however a new technology has been leading digital innovation – Blockchain. While still a new concept, Blockchain is already disrupting the Fintech industry and with its secure operating principles, so here’s why Blockchain is already on target to improve the Aviation industry as well. At its core blockchain...
The Irkutsk Aviation Plant to produce 10 serial MC-21 aircraft by 2020, by 2023 - already 35, and by 2026 will reach the maximum production volumes. This was announced on Thursday by the Governor of the Irkutsk region Sergey Levchenko. "In 2020, the task is to produce ten aircraft, by 2023 - 35 and by 2025-2026 - will reach to the maximum volume," he said. He recalled that...
Safran Helicopter Engines has received EASA (European Aviation Safety Agency) engine type certification for its Arriel 2H engine, installed in the Avicopter AC312E. This Arriel variant was selected in 2015 to power this helicopter developed by AVIC Harbin Aircraft Industry Group, a subsidiary of Avic (Aviation Industry Corporation of China). The AC312E made its maiden flight in July 2016. Co...
On May 1st, 2018 Václav Havel Airport Prague will become a non-smoking airport. From this date it will not be allowed to smoke in any interior areas and all the smoking corners in transit area will be closed. By this decision Prague Airport follows the modern trend and responds to passengers’ feedback. The smokers among passengers will still be free to use the designated areas in...
HondaJet Central Europe has announced that the region’s first HondaJet available for charter has made its official debut with an appearance event at the Chopin-Warsaw Airport. The debut took place on April 12thand was attended by many high-level executives and dignitaries including His Excellency Satoru Takahashi, the Japanese Ambassador to Poland.Honda Aircraft Company was represented...
Sikorsky, a Lockheed Martin Company, announced its German industrialization plan for competing in the German Air Force "Schwerer Transporthubschrauber" (STH) Program with the world class heavy lift helicopter, the CH-53K King Stallion. Rheinmetall Group, which has entered into an exclusive arrangement with Sikorsky, will lead in-service support for the CH-53K. The Sikorsky C...
Lufthansa Aviation Training (LAT) is investing in the future. Five new Diamond DA42-VI training aircraft and two simulators of the respective aircraft type will be stationed at the flight training location in Rostock-Laage. They replace the current ten year-old Piper PA-44 training aircraft. Under the brand name European Flight Academy (EFA), Lufthansa Aviation Training is pooling all Lufthansa...
Receives award in Les Mercuriades’ Stratégie de développement durable category Bombardier’s EcoDesign approach applied on the C Serieshas won the prestigious Les Mercuriades award in the “Stratégie de développement durable” category. The honour was presented at the Les Mercuriades Gala on Thursday, April 19 in front of close to 1,200 Mont...
