Precision Aviation Group

BUSINESS AVIATION

Precision Aviation Group | August 24, 2022

GenNx360 Capital Partners ("GenNx360") announced today that its portfolio company, Atlanta-based Precision Aviation Group, Inc. ("PAG"), a leading provider of products and value-added services to the aerospace and defense industries, has entered into a definitive agreement to acquire PTB Group (PTB). PTB is listed on the Australian Securities Exchange (ASX: PTB) and the transaction is currently scheduled to close in the 4th quarter of 2022, post receiving required share...

Simple Flying | January 13, 2020

Gulf Air has partnered up with Etihad to share benefits across both loyalty programs. Members of Etihad Guest, the loyalty program of Etihad, can now use their membership to redeem benefits across Gulf Air, the national carrier of Bahrain. Likewise, those frequent flyer members of Gulf Air’s Falconflyer program can now use their points across Etihad’s vast network....

FlightGlobal | January 13, 2020

Airbus has started operating the first of the six BelugaXL high-capacity transports it is building to facilitate production ramp-up. The A330-based aircraft completed its first operational flight on 9 January, says the airframer. EASA certification was secured in November 2019, following a test campaign of more than 700h across some 200 flights since the first in July 2018. All six BelugaXL freighters will be operating by the end of 2023, Airbus indicates. The Rolls-Royce Trent 700-powered aircr...

FlightGlobal | January 13, 2020

Scandinavian carrier Braathens Regional Airlines has axed a long-standing order for Airbus A220s, and plans to wet-lease Embraer 190s for regional jet operations. BRA evolved from the merger of Malmo Aviation with other carrier operations and inherited the order for 10 Bombardier CSeries jets originally placed by Malmo in 2011. Malmo Aviation, through an associated lessor, had been one of the first four customers to order the CSeries – signing for five CS300s and five CS100s – with p...