Comm
May 26, 2020
Comm
May 26, 2020
LATAM Airlines Group (LATAM) and its affiliates in Chile, Peru, Colombia, Ecuador and the United States has initiated a voluntary reorganization and restructuring of their debt under Chapter 11 protection in the United States with the support of the Cueto and Amaro families and Qatar Airways, two of the largest shareholders of LATAM. In light…
Rolls-Royce says they have already taken action to strengthen the financial resilience of their business and reduce cash expenditures in 2020. However, they say it became increasingly clear that activity in the commercial aerospace market will take several years to return to the levels seen just a few months ago. As demand from customers is…
The European Union Aviation Safety Agency (EASA) and European Centre for Disease Prevention and Control (ECDC) issued a joint document defining measures to assure the health safety of air travelers and aviation personnel once airlines resume regular flight schedules following the severe disruption caused by COVID-19. The guidelines place paramount importance on health safety at…
The Air France-KLM Group announced May 20, 2020 they will begin the “definitive end of Air France Airbus A380 operations,” due to the current COVID-19 crisis and its impact on their anticipated activity levels. Initially scheduled by the end of 2022, the phase-out of Airbus A380 fleet fits in the Air France-KLM Group fleet simplification…
Textron Aviation completed the successful first flight of its new twin utility turboprop, the Cessna SkyCourier. The flight is a signifies movement toward entry into service for the clean-sheet aircraft. The flight also marks the beginning of the flight test program to validate the performance of the Cessna SkyCourier. “Today was an exciting day for…
De Havilland Aircraft recently introduced the De Havilland Component Solutions (DCS) program. It is now available to provide component management support to Dash 8-400 aircraft operators. Building on the services previously available under the Smart Parts program, the company says the program will minimize aircraft life cycle costs and provide optimized supply chain solutions, guaranteed…
Communications Software (Commsoft) has announced a management restructuring program which will position the company for future international growth. Patrick Cusk joins the Commsoft team as president. Cusk is also vice president of Operations at Valsoft Corporation (which acquired Commsoft last year) and has a background in vertical software applications, structured finance and commercial law. John…
Heavy duty vehicle lift maker Stertil-Koni announced liftoff for its expanded line of shop equipment – in this case several key systems engineered specifically for the aviation sector. Two of the initial products in the expanded Stertil-Koni line of heavy duty shop equipment work in conjunction with one another to assist technicians in performing brake…
As part of the mobilization of state-owned companies in cooperation with Administration for the Development of Weapons and Technological Infrastructure (MAFAT) and the State Companies Authority to address the COVID-19 pandemic, Israel Aerospace Industries (IAI), Microsoft, and Soroka Medical Center have collaborated to develop a supervision system that makes it possible to collect data on…
Philippines-based Aviation Concepts Technical Services, Inc. (ACTSI) announced a recently upgraded 4A/4C capability from Federal Aviation Administration (FAA) following the preliminary 1A/1C approval received in the middle of March. The ACTSI MRO is now capable to provide maintenance services for Gulfstream G450, G550, G650 & G650ER. ACTSI added the Gulfstream G280 at the 1A/1C level.…
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