Turkish Technic and Satair have signed a strategic General Terms Agreement (GTA) to facilitate further business growth between the two entities. Under this agreement, Satair will support Turkish Technic with consumable and expendable spares (C&E) for the expanding Airbus aircraft fleet that is maintained by Turkish Technic. This unique agreement supports both Airbus standard hardware supplied from the Airbus warehouses in Hamburg and C&E material from Satair’s global warehouses. This marks an important entry of Standard Hardware to the already established transactions of C&E material between the entities. With this tailor-made GTA, aircraft part numbers can be added and removed from the GTA in a dynamic manner to reflect real-time planning and forecast input. The flexibility of the GTA provides a customised and unique platform to add products and Stock Keeping Units to the GTA while still allowing the general Terms & Conditions to remain in force. This helps both....
Etihad Aviation Group, owner of the national airline of the United Arab Emirates, and Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier, today announced the signing of an agreement to launch ‘Air Arabia Abu Dhabi’, the capital’s first low-cost carrier. Etihad and Air Arabia will establish an independent joint venture company that will operate as a low-cost passenger airline with its hub in Abu Dhabi International Airport. The new carrier will complement Etihad Airways’ services from Abu Dhabi and will cater to the growing low-cost travel market segment in the region. Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, said, “Abu Dhabi is a thriving cultural hub with a clear economic vision built on sustainability and diversification. With the emirate’s diverse attractions and hospitality offerings, travel and tourism play a vital role in the economic growth of the capital and the UAE. By partnering....
Republic Airways, the regional airline operating a service as American Eagle, Delta Connection and United Express in the US, has leased six Embraer 170s from TrueNoord, the specialist regional aircraft lessor. These aircrafts have been operating with Republic Airways since 2005 and have now been purchased by TrueNoord with leases attached from GA Telesis. This is TrueNoord’s first fleet deal in North America. Financing was provided under a bilateral term loan facility supported by Erste Bank. Pillsbury, Winthrop, Shaw, Pittman LLP advised TrueNoord on the transaction. In closing this milestone deal, TrueNoord adds a new aircraft type to its portfolio and increases their E-Jet fleet to 28, of which six are Embraer E170s, and the total fleet to 41 including 12 turboprops. Anne-Bart Tieleman, CEO – TrueNoord, said “We are delighted to work with Republic Airways and this marks TrueNoord’s first investment in aircraft flying across the US. Our experienced in-house technical,....
Etihad Airways will increase capacity between Abu Dhabi and Lebanon’s capital, Beirut, by upgrading the current daily Airbus A321 service to a Boeing 787-9 Dreamliner from 27 October, 2019. The step-up from narrowbody to widebody aircraft follows yesterday’s announcement by the UAE Ministry of Foreign Affairs and International Cooperation of the immediate removal of a travel ban to Lebanon for UAE citizens. Lifting this restriction, imposed in February 2016, is expected to spur a significant increase in demand for travel between the two capitals. Flight EY 535 will depart Abu Dhabi at 9:50am daily, arriving in Beirut at 12:30pm, with the return flight EY 538 leaving Beirut at 2:00pm and arriving back in Abu Dhabi at 7:35pm. Etihad will operate the upgraded flights with two-class Boeing 787-9s, the newest aircraft type in the airline’s fleet. These jets are configured to seat 299 passengers in a mix of 28 Business Studios....
The UAE Space Agency recently participated in the World Space Week, focusing on the role of science and technology for the benefit of humanity, the celebrations ending today is themed around “The Moon: Gateway to the Stars” this year. The agency organized a series of community and educational initiatives to raise awareness of space exploration and highlight the achievements of the UAE’s national space industry. The activities addressed students and other young groups across the UAE, encouraging them to pursue a career in the space industry. The UAE Space Agency is also hosting the Scientific Experiments Workshop to discuss the experiments carried out and documented by the Emirati astronaut Hazzaa AlMansoori on the International Space Station (ISS). Additionally, the agency’s Youth Council is organising a series of educational workshops and lectures in collaboration with other youth councils from Dubai, Al Ain and Al Dhafra, to focus on the role of....
UAE is ranked first globally for air trade facilitation and tops the Middle East region for visa openness, according to the International Air Transport Association. This came as IATA presented its latest study on the importance of air transport to the United Arab Emirates showing that ongoing prioritisation of aviation as a key strategic asset could generate an additional 620,000 jobs and an extra $80 billion in GDP for the nation's economy by 2037. "Air transport's contribution to the UAE economy is already significant. The industry at present supports nearly 800,000 jobs and contributes $47.4 billion to the economy, accounting for 13.3% of the UAE's GDP. If the government continues to pursue a positive agenda for aviation, the UAE's aviation market will grow 170% by 2037, support 1.4 million jobs and contribute USD128 billion in GDP to the nation's economy," said the study. IATA identified three areas where government action....
Passengers will no longer need a passport or boarding pass to travel from Dubai, thanks to a new biometric system which will be launched at Dubai International Airport, officials announced recently. According to the General Directorate of Residency and Foreigners Affairs (GDRFA)-Dubai, the 'Biometric Passenger Journey' will ease the travel through Dubai airports in cooperation with Emirates Airline. Under the scheme, and thanks to facial recognition technology, a pre-screened passenger no longer needs to show passport or boarding pass from the check-in counter to the aircraft. At the on-going GITEX Technology Week show on Sunday, Major General Mohammad Al Merri, General Director of GDRFA-Dubai, told Gulf News: “Our participation this year in Gitex is very special for visitors as they can experience the most exciting and virtual Biometric Passenger Journey in the world by using artificial intelligence,” Maj Gen Al Merri said. "It is a seamless airport journey in Dubai as....
The Commercial Court of Bobigny rejected the unique offer of takeover for XL Airways that was submitted at the last minute. The liquidation of the airline has been pronounced. Gérard Houa, a former shareholder in the now-defunct Aigle Azur, had filed a last-minute bid on October 2, 2019, offering to take back 276 employees (out of a workforce of 570 people) and two out of the four Airbus A330s. He also offered to invest €15 million euros of equity and an additional €15 million in the form of a shareholder loan. Houa projected to extend routes towards Asia, mainly China while stopping those to the Caribbean and Réunion. As the Commercial Court of Bobigny was about to put the last nail in XL Airways’ coffin, a new takeover offer emerged filed by Gérard Houa who previously tried to seize Aigle Azur, another bankrupt French carrier. The takeover would come with....
Magnetic MRO Training, EASA Part-147 approved type training organization, has announced the re-opening of their training facility after the most recent expansion. The new premises were opened on 19 September 2019 and are aimed to be used mainly by Magnetic MRO and Estonian Aviation Academy for theoretical technical training for future aircraft mechanics. “The need for expansion came from demand to organize more type training and internal training as well as supports better overall organization of training. Department has grown very quickly and very significantly over the last couple of years, so the expansion was the natural step ahead for us,” shared Haldi Vanatoa, Head of Training Unit at Magnetic MRO Training. The recent expansion to almost 400 sq. Meters space results in a nearly 50% capacity increase in Tallinn for theoretical type training programs. As type training is lengthy and on average takes between 1,5-2 months, own facility not....
Today, Brigitte Zypries, new supervisory board member of Bombardier Transportation GmbH and Bombardier Transportation (Bahntechnologie) Holding Germany GmbH, participated in the joint supervisory board meeting of both companies. Brigitte Zypries was the Federal Minister for Economic Affairs and Energy from January 2017 until March 2018. She also served as Parliamentary State Secretary in the Federal Ministry for Economic Affairs and Energy, where she was in charge of information technology and foreign economics from December 2013 to January 2017. In addition, she was the Government's Coordinator for aviation and space policies from January 2014 until March 2018 and a member of the supervisory board of Deutsche Bahn AG from 2014 to 2017. Prof. Dr. Rüdiger Grube, Chairman, Bombardier Transportation supervisory board, said, “We are delighted to have Brigitte Zypries join our supervisory boards. She can look back on an impressive political career and will provide us with deep insight into the....
Turkish Technic, Satair sign GTA to further business growth between two companies
Etihad, Air Arabia to launch Abu Dhabi’s first low-cost carrier
TrueNoord leases 6 Embraer 170s to Republic Airways
Etihad Airways increases capacity to Beirut
UAE emphasizes science and technology during World Space Week
UAE tops Middle East region for visa openness – IATA
Dubai Airport passengers no longer require passport or board pass to travel
Bobigny rejects takeover offer, liquidation underway for XL Airways
Magnetic MRO Training celebrates new expansion
Bombardier adds Zypries to its supervisory board
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