TurbineAero, Inc. Announces Acquisition of APU Piece Part Repair Business from the Triumph GroupJanuary 17, 2019

TurbineAero, a portfolio company of The Gores Group, announced today the acquisition of the APU piece part repair product line (“RPL”) from Triumph Aviation Services Asia, Ltd.

The acquisition of this business segment integrates APU piece part repair into the APU Systems MRO in TurbineAero’s Asia facility which increases in-house capabilities, improves turn-times and assures extra cost reduction.


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RJ among top 5 Middle Eastern airlines in punctuality in 2018January 15, 2019

Amman, Jan.14 (Petra)-- The Royal Jordanian(RJ) was ranked fourth in terms of punctuality among Middle Eastern airlines in 2018, with a 77.13% on-time performance rate, according to OAG's Punctuality League report released last week.

The Punctuality League report took into consideration 58 million flight records using full-year data from 2018 to rank the best on-time performance (OTP) of the world’s largest airlines and airports.

RJ came in after Saudi Arabian Airlines (81.12%), which ranked"...

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AerSale Promotes Basil Barimo to Chief Executive Officer and Craig Wright to President to Facilitate Rapid ExpansionJanuary 9, 2019

(AETOS Wire)-- AerSale®, a global supplier of mid-life aircraft, engines, used serviceable material, and maintenance, repair, and overhaul (MRO) services, announced today it has promoted Basil Barimo, formerly Chief Operating Officer, to Chief Executive Officer, and Craig Wright, formerly Chief Commercial Officer, to President, to facilitate rapid expansion of the business. AerSale founder Nicolas Finazzo will serve as Executive Chairman and co-founder Robert B. Nichols will serve as Executive Vice Chairman. “Unburdened from the responsibility of day-to-day management, Bob and I will continue to steer AerSale’s overall direction and seek new synergistic acquisitions while we expand the platform,” said Finazzo. “Barimo and Wright are fully capable of leading the operations of our highly integrated, multi-faceted business model.” In November 2018, the company......

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Royal Jordanian issues 28m new sharesJanuary 7, 2019

AMMAN — The Securities Depository Centre on Sunday registered the increasing shares of Royal Jordanian airline’s capital by 28,125,128 shares, the Jordan News Agency, Petra, reported.

The capital was increased through non-public offer and the allotment of the shares to the government contribution management company.

The company’s capital registered with"...

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Jordan airport welcomes inaugural Queen Bilqis Airways flightDecember 24, 2018

Jordan's Queen Alia International Airport (QAIA) welcomed the first Queen Bilqis Airways from Yemen, underscoring efforts to grow the airport's airline network.

Upon arrival, the aircraft received the customary ‘water arch’ salute in the presence of representatives from Airport International Group, Jordan Tourism Board (JTB) and Petra Travel and Tourism Company, the General Sales Agent of Queen Bilqis Airways in Jordan.

“We are glad to have Queen Bilqis Airways join our"...

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Custodian of the Two Holy Mosques Attends the Opening Ceremony of Al JanadriaDecember 21, 2018

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud attended the opening ceremony of the National Festival of Heritage and Culture in its 33rd Edition, organized by the Saudi Ministry of National Guard in Janadria which was held yesterday afternoon under the slogan “Faithfulness and Loyalty.”

Upon his arrival at the headquarters of the festival in Al Janadria, the King was received by His Royal Highness Prince Faisal"...

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RJ launches a 60-second Self Check-in Service at QAIADecember 19, 2018

Amman, Dec. 18 (Petra) -- Royal Jordanian passengers can now self check-in at Queen Alia International Airport (QAIA) using the Common Use Self Service (CUSS) kiosks, available in the departures terminal.

Passengers’ boarding passes and luggage tags can now be issued without queuing at the check-in counters. This service has been launched to coincide with the national carrier’s 55th anniversary, which fell on Dec. 15.

RJ constantly endeavors to respond to the passengers’ needs and"...

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Jordan signs international agreement to improve aviation safety December 17, 2018

(Petra)--The Jordan Civil Aviation Regulatory Commission (CARC) IATA and the International Air Transport Association (IATA) signed a Memorandum of Understanding (MoU) to partner for the improvement of aviation safety.

The MoU focuses on the exchange of information, expertise, best practices and capabilities in a number of areas of safety.

Under the terms of the MoU CARC will also recognize ISAGO (IATA Safety Audit for Ground Operations) as an acceptable means of compliance with CARC regulations to"...

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Jordan, Japan launch first round of strategic dialogue December 17, 2018

Jordan and Japan on Friday launched the first round of the strategic dialogue meetings that the two countries agreed to hold on a regular basis to discuss mechanisms for developing bilateral relations and coordinating positions on regional and international issues of common concern.

Minister of Foreign Affairs and Expatriates Affairs Ayman Safadi discussed with Japanese Foreign Minister Taro Kono, means to build on the results of the fruitful discussions held by His Majesty King Abdullah II with Japanese Prime"...

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Lower House submits queries to gov’t, refers airline case to JIACCDecember 17, 2018

AMMAN — The Lower House on Sunday decided to refer a case involving the government’s attempt to buy former Lebanese prime minister Najib Miqati’s shares in Royal Jordanian (RJ) to the Jordan Integrity and Anti-Corruption Commission (JIACC).

The House’s decision was made after MP Abdul Karim Dughmi asked a question on why the government bought Miqati’s RJ shares at a higher price than the rate listed in the financial"...

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