Flying Colours Corp. is celebrating thirty years of successful MRO and interiors operations. Launched as an aircraft painting business by current President, John Gillespie, the small start-up quickly developed into an aircraft sales business before evolving into a fully-fledged MRO and interiors business in 1989. Since inception the privately owned, family run company has grown the busines...
Hartzell Propeller will be the 2019 propeller technical partner of the Red Bull Air Race World Championship for yet another year. It is the sixth year in a row that Hartzell Propeller will be supporting the world famous air race. Hartzell will supply its three-blade structural composite propeller known as "The Claw," carbon fiber composite spinners and lightweight governo...
This is an historic milestone for the civilian professional drone. For the first time, the Directorate-General for Civil Aviation (DGAC) which regulates drones uses in France, has approved a fully-automated drone with no pilot, paving the way to new applications Azur Drones, European leader in surveillance UAVs, has just received the first and only DGAC approval for a fully...
Magnetic MRO issued bonds in total aggregate value of EUR 8 million. The company has submitted an application to Nasdaq Tallinn Stock Exchange Listing & Supervisory Committee for listing the bonds on the multilateral trading facility First North. Capital raised with the bond issue will be used for acquiring a competitor operating in the same industry and further expanding Magnetic MRO&rsq...
$97.26 million Air Canada equity investment in Chorus reinforces partnership Capacity Purchase Agreement amended and extended by an additional 10 years ending December 31, 2035, securing Jazz's place in Air Canada's regional network for the next 17 years; Simplification and modernization of the Jazz fleet, with growth through more, larger-gauge aircraft....
TAG Aviation SA has formally renewed its prestigious WYVERN Wingman certification after once again successfully passing the rigorous safety audit conducted by WYVERN. To achieve Wingman status operators must actively show their commitment to leading safety practices and maintain a strong safety culture. They must also provide consistently up-to-date accurate safety data in the WY...
Seventh FAI rent-a-jet AG Bombardier Global Express, MSN 9016, joined the company’s 26-strong fleet. Following a 240-month inspection, the Global Express will undergo a complete interior refurbishment at the company’s growing MRO division, FAI Technik in Nuremberg. Further planned upgrades include the installation of a new cabin management system, KA-Band Ultra-High Speed...
Ryanair reported a Q3 net loss of €20m (excl. Lauda). Strong traffic growth (+8%) to 33m was offset by a 6% decline in ave. fares due to excess winter capacity in Europe. Stronger ancillary revenue growth (+26%) was offset by higher fuel, staff and EU261 costs. Q3 Results (IFRS)* Dec. 31, 2017 Dec. 31, 2018 % Change Guests 30.4m 32.7m +8%...
Alain Flourens, 61, currently Head of Engineering for Airbus Helicopters, has been appointed Head of Industry for Airbus Helicopters, following Christian Cornille’s departure from Airbus. Alain will be replaced in his current position by Stefan Thomé, 47, currently Head of New Business Models & Services at Airbus Defence and Space. These management ch...
Etihad Airways announced a strategic partnership with Microsoft to launch the first ever in-house AI Academy in the region, which will revolutionise the way the airline serves its customers by upskilling its workforce, optimising operations and creating alternate revenue streams. As part of the AI Academy, all Etihad employees will be given access to an online training programme, and...
Yandex.Checkout becomes a partner of Sheremetyevo Duty Free Heinemann to provide 54 duty-free and retail stores on the territory of the Sheremetyevo International Airport with WeChat Pay. This service works as an e-wallet based on the Chinese WeChat messenger. Now, Chinese tourists will be able to pay for purchases in Sheremetyevo Duty Free Heinemann stores as quickly, conveniently, and s...
Sabre Corporation, the leading technology provider to the global travel industry, reveals that the Lunar New Year holiday has prompted more people to travel in 2019, than in previous years. With close to 1 million people travelling outside of the country between 2nd and 10th of February, Sabre data demonstrates that the number of airplane seats from Singapore over this festi...
