As the global aviation industry is steadily recovering, more and more operators tend to switch to new generation aircraft due to its performance and cost related benefits. In turn, reacting to the continuously rising demand, aircraft manufacturers are increasing the production rates thus artificially pushing the currently operated generation of aircraft into retirement. While this process is certainly affecting OEMs [...]
This week American Airlines and US Airways have declared reaching an agreement with the United States Department of Justice and the attorneys general from six states as well as the District of Columbia regarding the merger of the two companies. The latest agreement places two companies just a few steps away from uniting into the world’s largest airlines. Along with [...]
Baltic Ground Services (BGS), an international provider of ground handling and into-plane fuelling services, has announced the decision to appoint its long-standing Chief Production Manager Linas Geguzis as the new CEO of Baltic Ground Services Poland. With the new leader in the forefront the Poland-based company is planning to significantly expand the scope of its products and services as well [...]
Locatory.com, an industry leader in supporting the aviation industry with IT-based Supply Chain Optimisation solutions worldwide, has selected Pentagon 2000SQLTM for integration with its own trading platform catered specifically to the aircraft spare parts aftermarket. Responding to the rapid growth and the most recent trends in the aviation industry, Locatory.com has started its business process integration and added Pentagon 2000 [...]
Locatory.com, an IT company supporting the aviation industry with IT-based Supply Chain Optimisation solutions worldwide has signed an agreement with the International Air Transport Association (IATA) in order to provide the IATA Financial SIS platform to increase the efficiency of its aftermarket services. The IATA Financial SIS platform is an electronic invoicing solution facilitating the air transport industry’s billing and [...]
Avia Solutions Group, a WSE listed global provider of one-stop-shop aviation business solutions, has announced about the recent acquisition of the controlling interest in the Lithuania-based helicopter maintenance organization Helisota. In the course of several takeover stages Avia Solutions Group will gain 96.2% of the company’s shares, some of them through acquiring directly from the company management and some – [...]
FL Technics Jets, a global provider of tailor-made maintenance, repair and overhaul services for business aviation, has become the first Authorised Service Centre for Tronair‘s Ground Support Equipment in Eastern Europe, Russia and the CIS. FL Technics Jets will also sell and promote Tronair‘s GSE products in the entire region. Under the new partnership, FL Technics Jets will be providing [...]
With MRO expenses accounting for up to 20% of the operational costs of airlines the optimization of aircraft maintenance remains on the top of their priority list. An independent MRO provider is expected to grant reasonable savings that would outweigh the benefits of maintaining an airline’s own MRO organization. With considerable financial gains stemming from the so called total care [...]
