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AVIATION

Etihad, Saudia ink codeshare
October 23, 2018

Etihad Airways and Saudi national flag carrier Saudia have announced a new codeshare partnership, providing customers with access to more than 40 leisure and business destinations in the home markets and across the world.

In addition to the codeshare agreement, the two carriers also announced plans for greater commercial cooperation in other fields, including frequent flyer programme benefits,"...

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Lufthansa expands fleet with new generation short- and medium-haul Airbus planes
October 22, 2018

THE Supervisory Board of Deutsche Lufthansa AG has approved the purchase of 27 short- and medium-haul aircraft. Purchase options for 24 Airbus A320neo and three A321neo will be converted into firm orders. With this decision, the Lufthansa Group is reacting to the positive market and earnings development and thus ensuring the necessary fleet size in the coming years. The total investment of this order amounts to a list price of about three billion US dollars. This"...

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Event Software Company Aventri Acquires ITN International
October 17, 2018

(AETOS Wire)-- Leading event management software company Aventri announced the acquisition of ITN International, the industry leader in NFC, mobile and cloud-based technology. With the acquisition of ITN, Aventri will broaden its technology and service offerings, expanding its global reach and the events that they support. Servicing annually 125 events, 10,000 exhibitors and 1.5 million attendees, ITN serves event producers by combining technology with personalized professional services to optimize events. A look at their product set includes: Online registration system with speaker management, agenda builder, session scheduling, and more. Onsite services include NFC badges, check-in stations, lead retrieval, apps, RFID scanning and more. Data visualization tools with advanced reporting and analytics around registration, badge activity and scans. “The acquisition of ITN as a global provider of cloud-based event management solutions is a major growth......

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GE’s AffinityTM: The first civil supersonic engine in 55 years – launching a new era of efficient supersonic flight
October 17, 2018

(AETOS Wire) -- At a press conference with Aerion Corporation today, GE Aviation announced that it has completed the initial design of the first supersonic engine purpose-built for business jets. This new engine class, revealed today as GE’s AffinityTM turbofan, is optimized with proven GE technology for supersonic flight and timed to meet the Aerion AS2 launch.

The"...

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Jetcraft Releases Fourth Annual 10-Year Market Forecast
October 11, 2018

Jetcraft, the global leader in business aircraft sales and acquisitions, is today releasing its fourth annual 10-year business aviation market forecast. The annual market forecast reaffirms that steady growth in the private jet industry is set to continue, with predictions of 8,736 unit deliveries over the next 10 years, representing $271bn in revenues (based on 2018 pricing). North America will once again take the lead, accounting for 60% (5,241) of predicted new unit deliveries over the forecast period, with Europe expecting 18% (1,572), and Asia-Pacific 13% (1,136). Jahid Fazal-Karim, Owner and Chairman of the Board at Jetcraft, says: “2018 has been a real turning point for business aviation, as we have now successfully navigated through our industry’s most difficult period. This year’s forecast predicts the continuation of our current business cycle of steady and healthy growth, driven by an increase in wealth creation and the demand for......

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TurbineAero, Inc. Announces New Building in Thailand; New CEO Robert Wilson
October 11, 2018

(AETOS Wire)-- TurbineAero announced today the groundbreaking ceremony for a new building in the Free Zone of the AMATA CITY Industrial Estate, Chonburi, Thailand, outside of Bangkok; and a new executive, Robert Wilson, joins TurbineAero as the new Chief Executive Officer.

Headquartered in Chandler, Arizona, USA, TurbineAero is one of the world’s"...

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Aljomaih-Cadillac partners with Saudia Private Aviation
October 10, 2018

ALJOMAIH Automotive Company, the official dealer of Cadillac cars in Saudi Arabia, has signed a strategic partnership agreement with Saudi Private Aviation (SPA), a regional business aircraft charter company.

Under this agreement, Cadillac Escalade and Cadillac CT6 will be the official transportation vehicles for all SPA VIP travelers between the terminal and the plane. This service will be available at all SPA terminals in Jeddah, Riyadh, Dammam, and"...

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SAUDIA increases flights to Los Angeles, Singapore, Abu Dhabi
October 10, 2018

SAUDI Arabian Airlines (SAUDIA) added seat capacity and frequencies on a number of its international routes.

The airline currently flies 3 frequencies per week to Singapore from Jeddah, which will increase to 4 weekly, with the addition of one more weekly flight effective October 29 this year.

The Singapore route is operated with the airline’s new state-of-the-art Boeing 787-900 Dreamliner, featuring lie-flat seats in Business Class"...

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Lufthansa opens new direct flights to Austin and Bangkok
October 9, 2018

LUFTHANSA is further expanding its route network to the USA. From May 3, 2019, the airline will offer its first connections from Frankfurt to Austin (USA). This is Lufthansa’s third destination in Texas alongside Dallas/Fort Worth and Houston.

Starting in summer 2019, an Airbus A330-300 will be in service five times a week on the route between Frankfurt and Austin.

Apart from Tuesday and Thursday, LH 468 will leave the Lufthansa hub"...

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Dragon Aviation Leasing Company Limited Appoints New CEO
October 8, 2018

(AETOS Wire) -- The Board of Dragon Aviation Leasing Company Limited (“Dragon”) is pleased to announce the appointment of Mr. Gang Li as Chief Executive Officer, effective as of 1st October, 2018.The Board also expresses its sincere gratitude to Mr. Jean-Louis Chevrot for his leadership and significant contributions to the Company as its CEO over the past 12 years.

Mr."...

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