Singapore, Singapore Technologies Engineering Ltd (ST Engineering) announced today that further to an earlier announcement on 22 December 2011 regarding the investment of a 50.1% equity interest in EcoServices, LLC (EcoServices) for a purchase consideration of US$33.3m (approximately S$43m).
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Singapore, GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced it will lease 12 Boeing 737-500s to help the Indonesian carrier Sriwijaya Air upgrade its fleet.
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Zurich, Switzerland, SR Technics, part of the Mubadala Aerospace MRO network, in accordance with its business strategy establishes the Line Maintenance International to become an independent business unit. While appoints Andy Best as the new general manager of Line Maintenance International. He was head of commercial of SR Technics prior to this new appointment.
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Etihad Airways, has announced the appointment Luisa Pastrello as its General Manager for Australia and New Zealand. Her career includes senior management positions at the Qantas Group and American Express International and a three-year term as advisory board member for Tourism New South Wales.
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London and Dubai, dnata, today announced that it has acquired a majority stake in En Route International Ltd, a supplier of bakery and packaged food solutions with operations in London, Dubai and the United States of America.
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Bahrain Air, announced today it has recorded an increase in passenger traffic for the year 2012 since March compared to previous years.
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Singapore Airlines will be suspending services to Abu Dhabi in the UAE and Athens in Greece as a result of the sustained weak performance of both routes. The last flights to both cities will depart Singapore on 26 October 2012.
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