October 11, 2018

Jetcraft Releases Fourth Annual 10-Year Market Forecast

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......

October 11, 2018

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

(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"...

October 8, 2018

Dragon Aviation Leasing Company Limited Appoints New CEO

(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"...

October 5, 2018

Philip Morris International Recognized as Top Employer in Africa Third Year in a Row

(AETOS Wire)-- Philip Morris International Inc. (PMI) (NYSE: PM) today was recognized for the third consecutive year as a Top Employer in Africa, awarding the company’s commitment to creating an excellent work environment for its employees.

October 4, 2018

Interbrand Releases 2018 Best Global Brands Report

• Apple is the first USD $200bn brand

• 56% YOY growth catapults Amazon to #3

• New Entrants Spotify and Subaru. Reentrants Chanel, Hennessy, Nintendo

Interbrand announces"...

October 4, 2018

Exclusive Group Transitions Leadership Team for Next Stage of Growth

Exclusive Group, the global value-added services and technologies (VAST) group, today announced Andy Travers as its new SVP Worldwide Sales and Marketing. The ex-Fortinet and RSA executive will be responsible for leading the next phase of Exclusive’s growth strategy to build the world’s"...

October 4, 2018

Singapore’s HES Unveils Plans for Regional Hydrogen-Electric Passenger Aircraft

(AETOS Wire)-- After 12 years developing hydrogen propulsion systems for small unmanned aircraft, HES Energy Systems is today unveiling its plans for Element One, the world’s first regional hydrogen-electric passenger aircraft. One century after the start of commercial aviation, HES is joining forces with a variety of partners to pioneer a new form of aerial mobility: quiet and zero carbon, personalized, on-demand, decentralized and economically inclusive of rural communities. Designed as a zero-emissions aircraft, Element One merges HES’ ultra-light hydrogen fuel cell technologies with a distributed electric aircraft propulsion......

October 2, 2018

Afriqiyah Airways cancels flight from Benina Airport after assault on pilot

Afriqiyah Airways canceled a flight on Sunday night scheduled to fly from Benina Airport in Benghazi to Tunisia after the pilot in command was attacked by a militiaman.

Local sources said that an argument broke"...

October 2, 2018

Air Transport Supports 65.5 Million Jobs and $2.7 Trillion in Economic Activity

(AETOS Wire) -- The global air transport sector supports 65.5 million jobs and $2.7 trillion in global economic activity, according to new research released today by the Air Transport Action Group (ATAG). The report, Aviation: Benefits Beyond Borders,"...

October 1, 2018

Tokyo Century Corporation and All Nippon Airways Trading Company to Acquire Significant Stake in GA Telesis

GA Telesis, LLC (“GA Telesis” or “the Company”) announced today that its current shareholder Tokyo Century Corporation (“Tokyo Century”) along with All Nippon Airways Trading Company (“ANATC”)1, have collectively entered into a definitive agreement to acquire all shares held by Global Principal Finance Company LLC (“GPFC”)2. Tokyo Century’s ownership after the closing of the transaction will increase to 49.2% and ANATC will acquire a 10% interest in the Company. Tokyo Century and ANATC expect the transaction to close in October 2018. Separately, GA Telesis, Tokyo Century and ANATC......