The issue of global pilot shortage is starting to aggravate the aviation industry. Pilot strikes calling for improved working conditions is its latest representation. The core problems of the issue touch upon many related fields, particularly regarding pilot training, given that the number of graduate students is not able to meet the yearly demand in every region equally, including in [...]
AviaAM Leasing, a global aviation holding company engaged in commercial aircraft acquisition, leasing, and sales, has announced the sale of two Airbus A321-211 aircraft with leases attached. Both aircraft are being operated by Montreal based Canadian low-cost leisure airline Air Transat. The aircraft were delivered to the new lessor – Aergo Capital – on the 14th of August, 2018. “We [...]
FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, has announced the signing of an agreement with Comair Limited, a private domestic airline operator in the Republic of South Africa listed on the Johannesburg Stock Exchange (JSE). Comair Limited is a South African aviation and travel company, offering scheduled and non-scheduled airline services within South Africa, [...]
The African commercial air travel market represents massive amounts of untouched opportunity for new airlines. According to the data from IATA, Africa is home to 16% of the world’s population but it accounts for only 2.20% of the global air service market. With a clear need for air travel and a demand for more quality airlines, the African continent is [...]
FL Technics, a global provider of integrated aircraft maintenance, repair, and overhaul services, has achieved a great milestone in the company’s expansion in the Asia-Pacific region. The company has earned FAA (Federal Aviation Association) Part-145 Air Repair Station certification #47DY377D emerging as one of Asia’s MRO hotspots in the Jakarta’s Soekarno-Hatta International Airport. ‘FL Technics provides maintenance and technical support [...]
The largest Lithuanian investor in the People‘s Republic of China – AviaAM Leasing – has added a 14th brand new aircraft to the portfolio of its Joint Venture, AviaAM Financial Leasing China. The aircraft brings the value of the Joint Venture’s portfolio to USD 835 million. AviaAM Financial Leasing China was established, in August 2016, as a joint venture between [...]
Point to point long distance travel is, for the most part, efficient for passengers and profitable for companies. Between the airlines, railways, and highways most places in the world are quickly and readily accessible with respect to the limitation of today’s technology. As time and technology has advanced, travel has only gotten easier and quicker. While long distance travel may [...]
Laserpas, an aerial power line inspection company, has received an official invitation to participate in the K-Startup Grand Challenge 2018 (KSGC). In August, the Company will begin an accelerated startup process that includes personal mentoring and support from the Korean government. Throughout the next 3.5 months, the Laserpas team will establish a company and make connections in Korea. The challenge [...]
