Thai Airways and the country’s major state-owned airport operator Airports of Thailand (AOT) are considering a joint venture to keep essential air transport services running.
Munich-based MTU Aero Engines has announced plans to reduce its 10,000-strong workforce by 10-15% in response to the COVID-19 downturn, although the company plans to avoid any compulsory redundancies.
The Aircraft Accessories and Components Company (AACC), a subsidiary of Saudi Arabian Military Industries (SAMI), has appointed Mazen Johar as CEO to oversee the company’s operations starting as of now.
John Slattery, who it was announced yesterday is stepping down from his role as president of Embraer’s commercial aircraft division is to become president and CEO of giant engine maker GE Aviation.
Embraer’s former vice president of commercial aviation for the Middle East and Africa, Arjan Meijer has been appointed new president and chief executive of the Brazilian company’s commercial aircraft division.
An expected surge in used serviceable materials (USM) poses a risk to new-parts sales, but structural fundamentals in global fleets and customer preference should limit the downside for many parts suppliers even as opportunities for used-parts specialists increase.
In 2014, Etihad Airways purchased the fixed-wing section of Horizon Flight Academy and, after re-launching and rebranding, Etihad Aviation Training (EAT) became the first European Aviation Safety Agency (EASA) approved training organisation (ATO) in the UAE.