Stable 2019 earnings for Dubai Aerospace Enterprise

Stable 2019 earnings for Dubai Aerospace Enterprise

🕔15:28, 19.Feb 2020

Dubai Aerospace Enterprise (DAE)  reported its financial results for full year total revenue of US$1,421.3m for 2019, in line with its 2018 figures of US$1,436.6m, and it reported profit before tax of US$413.6 million. DAE’s profits were also in line with

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SITAONAIR expands VHF coverage across Turkey

SITAONAIR expands VHF coverage across Turkey

🕔15:26, 19.Feb 2020

SITAONAIR, has expanded Very High Frequency (VHF) coverage throughout Turkey, as part of the during the development of the country’s largest new airport hub in Istanbul, which opened in April 2019.    The tech firm’s expansion of the current VHF infrastructure

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Nordic Aviation Capital delivers one new ATR 72-600 to TAROM

Nordic Aviation Capital delivers one new ATR 72-600 to TAROM

🕔15:24, 19.Feb 2020

Nordic Aviation Capital (NAC) has delivered one new ATR 72-600, MSN 1583 to TAROM, the Romanian National Air Carrier, this marks the first aircraft to be delivered as part of a nine aircraft lease agreement signed in 2019.  The introduction

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Aeroflot is introducing temporary changes to its flight schedule to China

Aeroflot is introducing temporary changes to its flight schedule to China

🕔15:22, 19.Feb 2020

Russian flag carrier, Aeroflot is introducing temporary changes to its flight schedule to Chinese destinations following a decrease in demand as a result of coronavirus outbreak.  Between February 18 and 29 Aeroflot is suspending half of its daily flights between Moscow,

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Sydney Airport makes first ESG-linked issuance in USPP market

Sydney Airport makes first ESG-linked issuance in USPP market

🕔15:20, 19.Feb 2020

The increasing importance of sustainability in the aviation sector has been highlighted by Sydney Airport making the first ESG-linked issuance into the three-decade old US Private Placement (USPP) market. MUFG, acted as joint lead placement agent and ESG structuring agent,

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Singapore Airlines has announced a number of senior management appointments

Singapore Airlines has announced a number of senior management appointments

🕔15:18, 18.Feb 2020

Singapore Airlines Group has announced several senior management appointments, all effective April 1, 2020. Mak Swee Wah, executive vice president commercial, will become assume executive vice president operations, responsible for SIA’s cabin crew, customer services and operations, engineering, and flight operations

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Mongolian Airlines to implement Sabre’s Market Intelligence Global Demand Data solution

Mongolian Airlines to implement Sabre’s Market Intelligence Global Demand Data solution

🕔15:17, 18.Feb 2020

Mongolian Airlines has announced a long-term agreement to implement Sabre’s Market Intelligence Global Demand Data solution to provide market insights as the airline moves forward with highly ambitious growth plans.        “Our new relationship with Sabre [comes] at  a key time for

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Collins Aerospace and Lufthansa Technik sign A320neo nacelle MRO license agreement

Collins Aerospace and Lufthansa Technik sign A320neo nacelle MRO license agreement

🕔15:15, 18.Feb 2020

Collins Aerospace Systems, a unit of United Technologies , and Lufthansa Technik announced a licensing agreement for nacelle Maintenance Repair & Overhaul (MRO) services on A320neo aircraft.  Collins Aerospace, the original equipment manufacturer for the A320neo PW1100G nacelle, has more than 1,100 nacelles in

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Boeing to continue using Feinberg and Biros to oversee MAX humanitarian fund

Boeing to continue using Feinberg and Biros to oversee MAX humanitarian fund

🕔15:12, 18.Feb 2020

Boeing  announced it has dedicated the remaining $50 million of a previously announced  $100 million fund to support humanitarian needs in communities affected by the Lion Air Flight 610 and Ethiopian Airlines Flight 302 accidents, with be overseen by Ken Feinberg and Camille

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Bombardier completed strategic pivot to business aviation with $8.3b Alstom sale

Bombardier completed strategic pivot to business aviation with $8.3b Alstom sale

🕔15:10, 18.Feb 2020

Bombardier has accelerated its strategic focus on y on business aviation with the $8.3 billion sale its rail business, Bombardier Transport to French rail firm Alstom. “Today marks an exciting new chapter for Bombardier. Going forward, we will focus all

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