CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, has re-delivered China’s first-ever converted Airbus A330-300 Passenger to Freighter (A330 P2F) aircraft on lease to its customer, Sichuan Airlines. The A330 was converted by Elbe Flugzeugwerke GmbH (EFW) with Shanghai Technologies Aerospace Company (STARCO) at its…
Fitch Ratings has downgraded Western Global Airlines’ (WGA) Long-Term Issuer Default Rating (IDR) to ‘CCC-‘ from ‘B-‘. Fitch has also removed the IDR from Rating Watch Negative. Fitch has downgraded WGA’s senior unsecured notes to ‘CC’/’RR5’ from ‘B’/’RR3’. The rating agency stated that the downgrade was driven by further increases…
The International Air Transport Association (IATA) released data for July 2022 global air cargo markets showing that demand continued to track at near pre-pandemic levels in July (-3.5%), but below July 2021 performance (-9.7%). Global demand, measured in cargo tonne-kilometres (CTKs), fell 9.7% compared to July 2021 (-10.2% for international…
A cross-party group of UK parliamentarians has called on new prime minister Liz Truss’s administration to back UK aviation, travel and tourism as it continues to recover from the impacts of Covid-19. A letter, organised by Henry Smith MP as chair of the All-Party Parliamentary Group for the Future of…
LAN Cargo (LATAM Cargo) will operate an additional aircraft and, as a result, LATAM Cargo and its related carriers will end 2022 with a fleet of 16 767 freighters. “This aircraft will allow us to continue strengthening our value proposition through a broader and deeper network. The B767-300F’s blend of…
ST Engineering has selected PowerFleet industrial telematics solutions for the Maintenance Repair Operations (MRO) at its airframe facility in San Antonio. ST Engineering’s San Antonio facility will utilize PowerFleet’s telematics solutions to improve overall equipment visibility into its aerospace MRO operations, as well as an API tool to integrate data…
OneWeb and Intelsat have signed a global distribution partnership agreement to offer airlines a seamless inflight connectivity (IFC) solution. The partnership enables Intelsat to distribute OneWeb’s low Earth orbit (LEO) satellite services to airlines worldwide, coupled with Intelsat’s IFC experience and existing geo-stationary (GEO) satellite service. The result is a…
airBaltic is joining forces with travel tech partner DRCT to roll out New Distribution Capability (NDC) offerings to local and international markets. Travel sellers will now be able to book airBaltic NDC fares and personalised content through DRCT’s AI-powered products: DRCT Extension, DRCT Search and DRCT API. This strategic partnership…
PAS MRO, an independent return to service and component repair and overhaul company, has announces plans to relocate its operations from Irvine, Calif., to Bristow, Okla. The relocation, which is expected to be completed by November 2020, will create 37 new jobs and represent an investment of $3.2 million to…
GA Telesis MRO Services Group announces E-Jet support and services agreement with Liebherr-Aerospace
The GA Telesis MRO Services Group has entered into an agreement with Liebherr-Aerospace for Material Support and Maintenance Services for the E-Jet Family of aircraft. Under this agreement, GA Telesis receives technical support and original OEM materials to repair and overhaul landing gears for operators in the Americas. Landing gear…
