Aerospace Diary

TrueNoord (formerly GA-Finance) announces the appointment of Nigel Turner as non-executive Chairman to the business. An experienced industry figure, Turner cements the recent expansion of the senior management team which secured new investment from Bregal Freshstream to build its regional aircraft portfolio. Nigel Turner is well known to the regional aviation industry. Until recently he was Deputy Chairman of Jetscape and before that served in the role of Deputy Chairman and CEO of BMI until 2009. He was a director of NATS (National Air Traffic Services) for 13 years. He is currently a Director of Finnair. Commenting on the appointment, Anne-Bart Tieleman - CEO of TrueNoord, said: “The announcement of our new brand, new investment and enhanced management team, is further strengthened by Nigel’s decision to join us as Chairman. This is a positive development for the business as we grow the fleet to take advantage of the many opportunities being presented to us in the regional airc...

Neelam Mathews Oct 10, 2012 Given the high taxes throttling India's MRO industry, it might do India some good to learn from Singapore's MRO report card. ST Aerospace today announced it has secured new contracts worth about S$590m in the third quarter of 2012.  This total contract value is in addition to the component repair management Maintenance-By-the-Hour (MBH) contract worth about US$80m (approximately S$102m) awarded by AirAsia in July this year.   The contracts are for airframe, component and engine maintenance and engineering design support, which will be carried out through its global network.     During the quarter, ST Aerospace redelivered its first VIP Boeing Business Jet, a contract secured for B level check and interior modifications.  Additionally, it completed airframe maintenance and modification work for 156 aircraft.  For passenger-to-freighter conversions, it redelivered three converted Boeing 757-200 freighters to FedEx Expres...