General Atomics Europe Completes Purchase of Dornier 228 Program
General Atomics Europe has completed the purchase of German company RUAG Aerospace Services and plans to expand it far beyond its existing business area. Swiss aerospace company RUAG International says in a statement that all shares in German company RUAG…
Lessor Avation Anticipates Virgin Australia Administrator Will Only Pay Small Fraction Of Monies Owed
Aircraft lessor Avation anticipates it will only receive a fraction of the monies Virgin Australia owes it. Aviation says it had 11 ATR 72s and two Fokker 100s leased to Virgin Australia representing 19% of Avation’s total monthly run-rate lease…
Mitsubishi Aircraft Chairman Retires
The chairman of Mitsubishi Aircraft ( 三菱航空機株式会社 ) , who until early last year had been company president, has left the beleaguered aircraft-maker. Mitsubishi says in a short statement on its website that Hisakazu Mizutani has retired, as has Hiroyuki…
Union Calls On Govt To Stop De Havilland Aircraft Of Canada Production Closure
The union that represents many of De Havilland Aircraft of Canada’s workers in Toronto has called on the Canadian government to intervene and provide financial support to protect the jobs at the aircraft-maker’s assembly line which is due to close…
ANALYSIS: De Havilland Closing Its Assembly Line And What It Means For The Programme and Operators
De Havilland Aircraft of Canada’s sudden move to shutter its production line and seek to re-open an assembly line elsewhere, when the market recovers, creates a void in the market. It also has an immediate adverse impact on the program’s…
Dispute Between Nordic Aviation Capital And Garuda Indonesia Escalates
Aircraft lessor Nordic Aviation Capital (NAC) has responded to Garuda Indonesia’s announcement, that it has grounded and is returning its 12 Bombardier CRJ1000s to NAC before the leases have expired, by arguing it has received no termination notice and the national…
