“India is one of the key markets for Russian helicopter building industry and the largest operator of Russian-made helicopters in the South-East Asia. Today, this country uses more than 400 helicopters, which have proved themselves well,” said Russian Helicopter CEO Alexander Mikheev. “We produce high-tech multirole helicopters capable of...

Qatar Airways announced a long-term partnership with HBL Pakistan Super League (PSL) as the Official Exclusive Airline of the tournament, which is emerging as one of the most exciting cricket events in the region. The inaugural season of the league featuring key Pakistani and international cricketers will take place in Dubai and Sharjah between...

Boeing named Brett Gerry president of Boeing Japan, effective April 1. He will succeed George Maffeo who will retire from the company after nearly 40 years with Boeing. Gerry will be based in Tokyo, reporting to Marc Allen, president, Boeing International. As president of Boeing Japan, Gerry will lead company-wide activities, continuing a...

On 22 January, Minister of Entrepreneurship Liisa Oviir presented Estonian enterprises that were successful in the Estonian Corporate Sustainability and Responsibility Index 2015 competition with gold, silver and bronze labels. Gold Labels were awarded to Tallinn Airport, ABB AS, Eesti Energia AS, Tallinna Vesi, Swedbank AS, Manpower OÜ,...

CEO of Sheremetyevo International Airport JSC Mikhail Vasilenko answered the questions of 20 members of mass media at press-Breakfast, which was held in Radisson. Among the guests, there were business and broadsheet publications, online resources, news agencies, radio and industry analysts. The meeting discussed the projects of Northern...

The construction of the airport terminal will start later this year in line with the current project. This and also other items were agreed during the joint meeting of the Pardubice Region and City of Pardubice councils. The result of this meeting is joint statement of seven points. „The main conclusions are clear: neither side challenges...

In 2015 cargo traffic at Chopin Airport was up by 9%. The Warsaw airport handled a total of 58,284 tonnes of freight in the twelve months of 2015, including 57,735 tonnes internationally (9.4%) and 548 tonnes domestically (-20.3%). Imports exceeded exports, with 32,440 tonnes and 25,844 tonnes respectively. 1. Freight in 2015, in kg (on board...

FL Technics announced the start of a new strategic partnership with SVD-Promtent, the leading supplier of storage, insulation hangars and protective covers. FL Technics will offer the inventory to its current and future clients around the globe, excluding the Russian market.  According to the freshly inked 2 year-long partnership contract, FL...

Comlux The Aviation Group has announced a firm order for three Airbus ACJ320neo aircraft, becoming the largest customer for Airbus’ new corporate jet family. The order also consolidates Comlux’s leadership in Airbus corporate jet deals, with more to its credit than any other client. Deliveries of the aircraft begin at the end of 2018....

The achievement is no mean feat: MTU Aero Engines in Munich has completed the first development turbine center frame (TCF for short) to go into the GE9X engine. “In this engine program, we are not only responsible for the manufacture of the TCF, but also assumed responsibility for its development right from the outset,” explained Dr. Jörg...

Following the success of CEPA Expo 2015 the dates have been announced for the 2016 event. This year will be the 7th occasion that the Expo has taken place and the dates are from the 18th to 20th October.  Once again CEPA Expo will be held in beautiful city of Prague. Since it was launched CEPA EXPO has developed into the most significant and...

Budapest Airport hosted its 9th Annual Awards Ceremony in the grandiose Terminal 1 Event Center. Around 300 guests gathered to recognise the success of the airport’s closelyheld business partners during, not only another record-breaking year in 2015, but also over the past decade. Having smashed the 10 million passenger traffic threshold last...

Colibri Aircraft recently published a report on business aircraft sales activity during 2015. The year was characterized by large price decreases but a stable level of transactions in terms of the number of aircraft sold. However there were some sectors that saw major changes. For example the large aircraft market went from being quite...

Euro Jet has continued to ramp up its Ukraine operation. Led by Ukraine Country Manager, Olga Fedorchenko, Euro Jet is a fully licensed ground supervision company in Ukraine. At Kiev’s Boryspil Airport, Euro Jet has its own complimentary VIP crew lounge, allowing crews to relax in between flights. We also offer expedited terminal processing and...

 The Boeing Company announced it will lower the production rate on the 747-8 program to match supply with near-term demand in the cargo market. To account for the market and production impacts, the company will recognize a $569 million after-tax charge ($0.84 per share) when it announces financial results for the fourth quarter of...