Wednesday September 4, 2024
Aerovías de México, a subsidiary of Grupo Aeroméxico has successfully closed a US$200 million syndicated revolving credit line for a three-year term, marking its strong return to the Mexican banking market. In this transaction, BBVA México served as the so… Read More »
Wednesday September 4, 2024
Aegean Airlines has invested €25 million (US$27.5 million) in Barcelona-based budget carrier Volotea. This capital injection is part of a larger fundraising effort involving Volotea’s existing shareholders, totalling €50 million (US$55 million). Aegean mad… Read More »
Wednesday September 4, 2024
Heart Aerospace, a hybrid-electric aircraft manufacturer and Loganair a UK regional airline, have announced an exclusive partnership aimed at decarbonising regional air travel across the United Kingdom. Under this agreement, Loganair and Heart Aerospace will w… Read More »
Wednesday September 4, 2024
AerFin has officially announced the launch of its new brand as it continues its global expansion and transformational growth. Over the past decade, AerFin has twice been recognised as Europe’s fastest-growing aviation and defence business. The company has now … Read More »
Wednesday September 4, 2024
SR Technics has announced the appointment of Florent Leforestier as the new Senior Vice President of Procurement, effective September 1st 2024. He succeeds Fritz Beiner, who is pursuing a new opportunity outside the company. Florent Leforestier brings over 20 … Read More »
Tuesday September 3, 2024
AviLease, a global aircraft lessor has announced the successful raising of a US$2.5 billion, five-year unsecured term facility. This facility will be utilised, among other purposes, to fully refinance a bridge facility that AviLease secured in 2023 when it acq… Read More »
Tuesday September 3, 2024
Electra has appointed Marc Allen as its new Chief Executive Officer. Allen joins Electra after a distinguished career at The Boeing Company, where he most recently held the position of Chief Strategy Officer and Senior Vice President for Strategy and Corporate… Read More »
Tuesday September 3, 2024
Cathay Pacific has announced that maintenance work on its A350 fleet is making good progress, the airline’s engineering-team having conducted a thorough inspection of all operational A350 aircraft over a 24-hour period. So far, 15 aircraft have been identified… Read More »
Tuesday September 3, 2024
Stratos, an aircraft investment specialist and asset manager, has announced the delivery of an Airbus A330-200 on a long-term operating lease to Iberia, Spain’s largest airline and a member of the International Airlines Group (IAG). The aircraft (MSN 1319), ow… Read More »
Tuesday September 3, 2024
Avation PLC (Aviation), a commercial passenger aircraft leasing company, has announced the sale of two ATR 72-600 aircraft to Danish Air Transport (DAT). The two aircraft, acquired by Avation in 2018, were originally leased to DAT under agreements that include… Read More »
Tuesday September 3, 2024
A ceremony at Incheon Airport on August 30 marked the launch of Korean Air’s Sustainable Aviation Fuel (SAF) initiative. The event was attended by several high-profile figures, including Sangwoo Park, Minister of Land, Infrastructure and Transport (MOLIT); Duk… Read More »
Monday September 2, 2024
Preligens; a company specialising in artificial intelligence (AI) for aerospace and defence, has officially joined Safran. The acquisition was completed for an enterprise value of €220 million (US$244 million). Preligens will be rebranded as Safran.AI and wi… Read More »
Monday September 2, 2024
The Technical and Vocational Skills Development Commission (TVSDC) has signed a partnership agreement with Jordan Aircraft Maintenance Limited (Joramco), in a ceremony attended by Joramco’s Chief Executive Officer, Fraser Currie, and Chief People and Performan… Read More »
Monday September 2, 2024
Aerogility, a provider of AI-based digital simulation twin solutions, has announced the appointment of Andy Graham as Chief Commercial Officer. In his new role, Graham will focus on expanding the company’s global reach and brand presence, while working closely… Read More »
Monday September 2, 2024
All Nippon Airways (ANA) has welcomed another marine-inspired aircraft to its fleet: its first Boeing 777 equipped with AeroSHARK. This revolutionary surface technology, inspired by shark skin, reduces drag and enhances fuel-efficiency. ANA has become the firs… Read More »
Monday September 2, 2024
Hindustan Aeronautics Limited (HAL) and SAFHAL Helicopter Engines (SAFHAL) have entered into an airframe contract to jointly design, develop, manufacture, supply, and support a new generation of high-power engines named ‘Aravalli’. These engines will power I… Read More »
Monday September 2, 2024
Japan Airlines (JAL) and Mitsubishi Heavy Industries (MHI) have agreed to jointly explore potential collaboration in the aircraft aftermarket sector. The two companies have formalised this agreement by signing a memorandum. The aircraft aftermarket business en… Read More »
Friday August 30, 2024
Onex Partners has announced that it has agreed to acquire Farsound, a global provider of supply chain solutions for the aerospace MRO-market. The investment has been made in partnership with Farsound’s management team, led by Chief Executive Officer Chris Knot… Read More »
Friday August 30, 2024
West Star Aviation has announced the completion of its new hangar at the East Alton facility, with a ribbon-cutting ceremony on August 27th. This achievement follows the ground-breaking in June 2023 and underscores West Star Aviation’s dedication to growth and… Read More »
Friday August 30, 2024
Pilatus, the Swiss manufacturer of the popular PC-12 single-engine turboprop and PC-24 Super Versatile Jet has signed an agreement to develop a factory-owned flagship sales, design, and service centre in Bradenton, Florida. In a ceremony at Sarasota Bradenton … Read More »