Cathay Pacific Group combined traffic figures for November 2019

Cathay Pacific Group combined traffic figures for November 2019

🕔12:00, 18.Dec 2019

Combined Cathay Pacific and Cathay Dragon traffic figures for November 2019 show decreases in the number of passengers carried and the amount of cargo and mail uplifted compared to the same month in 2018. Cathay Pacific and Cathay Dragon carried

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ORIX Aviation and GE Aviation sign Asset Transfer System agreement

ORIX Aviation and GE Aviation sign Asset Transfer System agreement

🕔11:58, 18.Dec 2019

GE Aviation has teamed up with ORIX Aviation to provide the Asset Transfer System (ATS) to enable ORIX Aviation to connect records and data across the global aviation community. Their trial service is expected to start this month. “We are

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Bain Capital invests in Atlas Air’s Titan aircraft leasing business

Bain Capital invests in Atlas Air’s Titan aircraft leasing business

🕔11:57, 18.Dec 2019

Titan Aviation, a subsidiary of Atlas Air Worldwide, and Bain Capital Credit, have entered into an agreement to form a joint venture to develop a diversified freighter aircraft leasing portfolio with an anticipated value of approximately $1 billion. The long-term

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Moody’s downgrades Boeing ratings

Moody’s downgrades Boeing ratings

🕔11:55, 18.Dec 2019

Moody’s Investors Service has downgraded its ratings of The Boeing Company, including the company’s senior unsecured and short-term debt, to A3 from A2 and to Prime-2 from Prime-1, respectively. Moody’s also downgraded the senior unsecured rating for Boeing Capital Corporation,

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IAI considers expansion into Lithuania

IAI considers expansion into Lithuania

🕔11:52, 18.Dec 2019

Israel Aerospace Industries (IAI) is looking to strike a deal with full-service aircraft maintenance provider Aviatic MRO to begin operations at an airport in northern Lithuania. State-owned IAI in cooperation with Aviatic MRO has identified Šiauliai International Airport as a

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Aurum Leasing completes its inaugural sale and leaseback transaction

Aurum Leasing completes its inaugural sale and leaseback transaction

🕔11:50, 18.Dec 2019

Aurum Leasing (Aurum) has completed a sale and leaseback transaction relating to two Boeing 737-800 aircraft with Dubai Aviation Corporation (flydubai).  The company was advised by Allen & Overy.  Commenting on the transaction, global head of structured asset finance Mario Jacovides

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Rolls-Royce unveils all-electric plane

Rolls-Royce unveils all-electric plane

🕔11:49, 18.Dec 2019

Rolls-Royce’s ambitions to build the world’s fastest all-electric aircraft have taken an important step forward with the unveiling of the plane at Gloucestershire Airport. Work will now begin on integrating the electrical propulsion system to enable the zero-emissions plane to

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Atitech perfoms pickle fork replacement for Blue Panorama

Atitech perfoms pickle fork replacement for Blue Panorama

🕔11:46, 18.Dec 2019

Atitech is  performing the “pickle fork replacement” for Blue Panorama, following the FAA AD 2019-22-10 (also adopted by EASA). Atitech states that it is one of the few MROs, with Boeing,  to perform this activity worldwide and the only one in Europe.

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EME AERO has obtained EASA 145 certification as maintenance shop

EME AERO has obtained EASA 145 certification as maintenance shop

🕔11:44, 18.Dec 2019

EME Aero, Engine Maintenance Europe service center, a 50/50 joint venture between Lufthansa Technik and MTU Aero Engines, has completed the aviation authority certification process and obtained EASA 145 certification as a maintenance organization on December 12, 2019. Site completion

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Pattonair wins EU backing for its new digital platform for parts

Pattonair wins EU backing for its new digital platform for parts

🕔11:41, 18.Dec 2019

Global aerospace and defence supply chain specialist Pattonair is working with complex part machining specialists Advanced Manufacturing (AML) and technology start-up Parts Pedigree to create a digital cloud-based service for the aerospace industry. The pioneering Parts Pedigree digital platform will

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