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aviation

Jan 22

GA Telesis Board Appoints Norman Liu as an Independent Director

GA Telesis Board Appoints Norman Liu as an Independent Director

GA Telesis, LLC, a leading global commercial aviation integrated services provider, announces that its Board of Directors will appoint Norman C.T. Liu as an Independent Board Member effective February 1, 2019. Norm brings over 35 years of experience in aviation financing, infrastructure investing and investment banking. He is the former Chairman, President and CEO of GE Capital Aviation Services (“GECAS), a world leader in commercial aircraft leasing and financing. He retired from GE at the end of 2016 after 30 years of service and is currently a senior advisor to various companies in the infrastructure and aviation sectors. He was an......

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Jan 17

TurbineAero, Inc. Announces Acquisition of APU Piece Part Repair Business from the Triumph Group

TurbineAero, Inc. Announces Acquisition of APU Piece Part Repair Business from the Triumph Group

TurbineAero, a portfolio company of The Gores Group, announced today the acquisition of the APU piece part repair product line (“RPL”) from Triumph Aviation Services Asia, Ltd.

The acquisition of this"...

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Jan 15

Another 'first-class' snafu from Cathay Pacific

Another 'first-class' snafu from Cathay Pacific

For a lucky few, it's the gift that keeps on giving: a Cathay Pacific snafu offering premium tickets at a fraction of their value, for the second time in less than two weeks.

On its website on Sunday morning,"...

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Jan 14

Mideast carriers passenger demand increases 2.8%

Mideast carriers passenger demand increases 2.8%

GENEVA — The International Air Transport Association (IATA) announced healthy but moderating global passenger traffic results for November 2018. Total revenue passenger kilometers (RPKs) rose 6.2% compared to November 2017, a slight deceleration from 6.3% growth in October. Capacity"...

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Jan 09

Boeing delivers record 806 aircraft in 2018

Boeing delivers record 806 aircraft in 2018

New York
Boeing reported record commercial plane deliveries for the second straight year on Tuesday, although the figures missed the company’s forecast.
The aerospace giant, which has capitalized on rising global demand for air travel, reported deliveries of 806 planes"...

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Jan 09

AerSale Promotes Basil Barimo to Chief Executive Officer and Craig Wright to President to Facilitate Rapid Expansion

AerSale Promotes Basil Barimo to Chief Executive Officer and Craig Wright to President to Facilitate Rapid Expansion

(AETOS Wire)-- AerSale®, a global supplier of mid-life aircraft, engines, used serviceable material, and maintenance, repair, and overhaul (MRO) services, announced today it has promoted Basil Barimo, formerly Chief Operating Officer, to Chief Executive Officer, and Craig Wright, formerly Chief Commercial Officer, to President, to facilitate rapid expansion of the business. AerSale founder Nicolas Finazzo will serve as Executive Chairman and co-founder Robert B. Nichols will serve as Executive Vice Chairman. “Unburdened from the responsibility of day-to-day management, Bob and I will continue to steer AerSale’s overall direction......

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Jan 02

 Beirut Airport sees significant rise in passenger traffic during December

Beirut Airport sees significant rise in passenger traffic during December

NNA - Beirut's Rafik Hariri International Airport closed the year with a significant rise in passenger traffic during the month of December.


Passenger traffic in December was recorded at 660,633 passengers distributed between 352919 arrivals and 30,760 departures....

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Dec 30

Middle East airlines expecting more turbulence in 2019 remain optimistic on strong travel demand

Middle East airlines expecting more turbulence in 2019 remain optimistic on strong travel demand

Arabian Gulf airlines say they expect to face further headwinds in the next 12 months but are optimistic about growth in 2019 as demand for travel remains strong.

Airlines in the region foresee oil price volatility,"...

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Dec 26

Jet Airways launches special DSF holiday packages

Jet Airways launches special DSF holiday packages

India's leading carrier Jet Airways said its JetEscapes Holidays unit has introduced an all-inclusive Dubai holiday packages for guests planning to travel to the emirate to indulge in retail therapy at the world’s biggest shopping festival – ‘The Dubai Shopping Festival’....

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Dec 24

Brazil judge overturns injunction that blocked Embraer-Boeing deal

Brazil judge overturns injunction that blocked Embraer-Boeing deal

SAO PAULO (Reuters) - A Brazilian judge overturned on Friday a decision that put the brakes on planemaker Embraer’s (EMBR3.SA) proposed sale of 80 percent of its commercial aviation division to Boeing Co (BA.N), as the judicial back-and-forth surrounding the deal continued.
"...

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