Aviation

January 17, 2019

1

TurbineAero, Inc. Announces Acquisition of APU Piece Part Repair Business from the Triumph Group

TurbineAero, a portfolio company of The Gores Group, announced today the acquisition of the APU piece part repair product line (“RPL”) from Triumph Aviation Services Asia, Ltd.

The acquisition of this business segment integrates APU piece part repair into the APU Systems MRO in TurbineAero’s Asia facility which increases in-house capabilities, improves turn-times and assures extra cost reduction.

Effective"...

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January 15, 2019

2

South African National Space Agency to become designated regional provider of space weather information for aviation sector

South Africa has won an extraordinary victory in space science, with the South African National Space Agency (SANSA) being selected by the International Civil Aviation Organisation (ICAO) to become the designated regional provider of space weather information to the entire aviation sector using African airspace.

This means that every aircraft flying in the continent's airspace will rely on SANSA for the space weather information it needs to"...

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January 14, 2019

3

Nigerian Airline's Plans to Conquer African Air Space

The Lagos-based Green Africa Airways is planning to conquer the African air space after partnering with aeroplane manufacturer Boeing.

In the partnership, Green Africa Airways and Boeing have announced a commitment for up to 100 737 MAX 8 aircraft.

Evenly split into 50 firm aircraft and 50 options, the deal comes as the airline gears up to begin commercial operations.

"...

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January 9, 2019

4

AerSale Promotes Basil Barimo to Chief Executive Officer and Craig Wright to President to Facilitate Rapid Expansion

(AETOS Wire)-- AerSale®, a global supplier of mid-life aircraft, engines, used serviceable material, and maintenance, repair, and overhaul (MRO) services, announced today it has promoted Basil Barimo, formerly Chief Operating Officer, to Chief Executive Officer, and Craig Wright, formerly Chief Commercial Officer, to President, to facilitate rapid expansion of the business. AerSale founder Nicolas Finazzo will serve as Executive Chairman and co-founder Robert B. Nichols will serve as Executive Vice Chairman. “Unburdened from the responsibility of day-to-day management, Bob and I will continue to steer AerSale’s overall direction and seek new synergistic acquisitions while we expand the platform,” said Finazzo. “Barimo and Wright are fully capable of leading the operations of our highly integrated, multi-faceted business model.” In November 2018, the company......

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January 7, 2019

5

Ethiopian Airlines and Hibret Bank launch new co-branded debit card

Ethiopian Airlines and Hibret Bank have launched the first Co-branded debit card tailored to provide Ethiopian Sheba Miles members with bonus miles for their spending using the debit card.

The new debit Card entitles ShebaMiles members to 5 bonus miles for every 100-birr spending made with the Co-Branded Card.

Regarding the launch of the co-branding, Mr. Tewolde GebreMariam,"...

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December 30, 2018

6

Air Tanzania takes delivery of first Airbus A220 aircraft

Pratt & Whitney, a division of United Technologies Corp. and Air Tanzania have welcomed the delivery of the airline's first A220 aircraft powered by Pratt & Whitney GTF™ engines. Air Tanzania will be the first airline based in Africa to operate GTF engines and the A220 aircraft.

'We place trust in aircraft with high reliability, operational versatility and fuel efficiency which is why we selected the A220 aircraft powered by"...

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December 27, 2018

7

Kenya Airways Partners with French Carrier, Air Austral and Air Madagascar as Airlines Seek to Grow their Reach across Africa

Kenya Airways, the East African country’s national carrier, has this month signed a partnership agreement with Air Madagascar and France-based Air Austral.

The carriers plan to boost their footprints in Africa and the Indian Ocean Islands, in Antananarivo, Madagascar.

The agreement was signed by Rolland Besoa Razafimaharo, CEO of Air Madagascar, Kenya Airways Group"...

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December 23, 2018

8

Boeing, Green Africa Airways announce largest aircraft deal in Africa

Boeing and Lagos-based Green Africa Airways have announced a commitment for up to 100 737 MAX 8 aircraft, evenly split into 50 firm aircraft and 50 options, as the airline gears up to begin commercial operations.

The total deal carries a list-price of $11.7 billion, the largest aircraft agreement from Africa, and will be reflected on Boeing's Orders and Deliveries website once finalized.

'Today"...

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December 21, 2018

9

Custodian of the Two Holy Mosques Attends the Opening Ceremony of Al Janadria

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud attended the opening ceremony of the National Festival of Heritage and Culture in its 33rd Edition, organized by the Saudi Ministry of National Guard in Janadria which was held yesterday afternoon under the slogan “Faithfulness and Loyalty.”

Upon his arrival at the headquarters of the festival in Al Janadria, the King was received by His Royal Highness Prince Faisal"...

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