Aviation Sector

Inmarsat proposes to offer free global airline tracking service

Global mobile satellite service provider Inmarsat has offered to provide a free global airline tracking service in order to prevent another Malaysian Flight 370-type tragedy.

Inmarsat is same British satellite provider that had helped reveal the last position of the Malaysia Airlines flight MH370, which disappeared in March this year.

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IAG reports better-than-expected Q1 results

IAG, the owner of British Airways (BA), has reported better-than-expected results for the quarter ended March 31 this year.

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EasyJet to use drones to inspect planes

British carrier EasyJet will soon start using drone technology/unmanned aerial vehicles (UAVs) to scan and assess its fleet of planes.

EasyJet on Thursday confirmed that it was modifying an unmanned drone in partnership with the Bristol Robotics Laboratory, CopterCraft and Measurement Solutions; and that trials of the technology could be started within the next few months.

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Manston Airport rejects formal bid by unnamed American firm

Ann Gloag, one of Scotland's richest women, has turned down an American firm's formal bid for her closure-threatened Manston Airport in Kent.

Stagecoach co-founder Ms Gloag had acquired Manston Airport for ?1 million in 2013; but in March this year, she decided to close the airport because it was suffering a loss of ?10, 000 per day. The decision put more than 150 jobs at risk.

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Starlite Aviation Adds Four Helicopters in $100m deal

Ireland based Starlite Aviation has signed a deal worth $100m with Airbus Helicopters for four new aircraft which will be delivered over two to three years.

Deutsche Bank is financing the acquisitions which are a part of the expansion and fleet renewal plan of Starlite.

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