Falko acquires E-Jet portfolio of 11 aircraft from NAC
Thursday October 31, 2024
The Airbus SE Board of Directors will propose to shareholders at the 2025 annual general meeting to renew Guillaume Faury’s role as CEO and Executive Member of the Board. Alongside this, the company has initiated a leadership transition in its Commercial Aircr… Read More »
Thursday October 31, 2024
thyssenkrupp Aerospace and SKF have extended their partnership for two additional years, securing the supply of steel, stainless steel, titanium, aluminium and copper to SKF’s facility in Lons-le-Saunier, France. As part of thyssenkrupp Materials Services, a l… Read More »
Thursday October 31, 2024
HAECO Group (HAECO) has signed an MoU with Shanghai Aircraft Customer Service Co. (SACSC), a subsidiary of Commercial Aircraft Corporation of China (COMAC), to collaborate on airframe, engine and component services for COMAC’s ARJ21 and C919 aircraft. This par… Read More »
Thursday October 31, 2024
Aircraft leasing firm Jackson Square Aviation (JSA) has signed a strategic partnership agreement with Future Energy Global (FEG) to promote sustainable aviation fuel (SAF) in the industry’s push towards net-zero CO₂ emissions by 2050. This collaboration will… Read More »
Thursday October 31, 2024
The Moroccan Government has signed a memorandum of understanding (MoU) with Embraer, aiming to initiate joint projects within Morocco’s aerospace sector. The agreement spans commercial aviation, defence and urban air mobility, underscoring a shared commitment … Read More »
Thursday October 31, 2024
Riyadh Air, Saudi Arabia’s new premium international airline, has made a landmark purchase agreement for 60 Airbus A321neo aircraft, signed during the Future Investment Initiative (FII) in Riyadh. The signing was attended by notable figures, including Yasir Al… Read More »
Thursday October 31, 2024
Stratos, a top ten aircraft asset manager, has successfully executed three separate transactions involving the sale of four aircraft. The transactions include two A320 aircraft (MSNs 5653 and 5372) sold to Avion Express, one 737-300F (MSN 27459) sold to a Midd… Read More »
Wednesday October 30, 2024
Spanish flag carrier Iberia has officially taken delivery of its first Airbus A321XLR aircraft, marking the airline as the launch operator of this advanced single-aisle jet. This aircraft, equipped with CFM LEAP-1A engines, will enhance Iberia’s operations by … Read More »
Wednesday October 30, 2024
Dubai Aerospace Enterprise (DAE) has released its financial results for the nine months ended September 30, 2024, revealing a 57% increase in profit before tax, which rose to 13% when excluding exceptional items. The company experienced a revenue growth of 3%,… Read More »
Wednesday October 30, 2024
StandardAero has added Icelandic low-cost carrier PLAY airlines to its list of CFM International LEAP engine clients. StandardAero’s LEAP MRO facility in San Antonio, Texas, will deliver LEAP-1A performance restoration shop visit (PRSV) services for PLAY’s fle… Read More »
Wednesday October 30, 2024
The U.S. Government has awarded Sikorsky, a Lockheed Martin company, a Foreign Military Sale contract to supply 35 UH-60M Black Hawk helicopters to Greece. This agreement, intended for the Hellenic Army, includes personnel training, specialised training equipm… Read More »
Wednesday October 30, 2024
Safran Aircraft Engines has unveiled an ambitious investment plan, committing over €1 billion to expand its global MRO network to accommodate the growing demand for LEAP engine services worldwide. Developed by CFM International—a joint venture between Safr… Read More »
Wednesday October 30, 2024
Finnair has completed the first cabin refurbishment in its Embraer fleet as part of a broader initiative to increase passenger comfort on shorter European routes. With a target to renew all 12 Embraer aircraft by spring 2026, the airline plans to complete the … Read More »
Tuesday October 29, 2024
Qatar Airways has signed an agreement with Thales to equip its new A321 NX fleet with FlytEDGE, Thales’ Crystal Cabin® inflight entertainment (IFE) system. As Qatar Airways embarks on a digital transformation journey, FlytEDGE, the cloud-native inflight enter… Read More »
Tuesday October 29, 2024
Lufthansa Technik (LHT) is committing over €1 billion in investments across the Americas, Asia-Pacific (APAC) and Europe, Middle East, and Africa (EMEA) regions over the coming years. “Our plans substantiate our aim to expand our leading market positio… Read More »
Tuesday October 29, 2024
LOT Polish Airlines and Embraer have signed a multi-year contract for Embraer’s Pool Programme. This agreement will provide the airline with extensive support for a wide array of repairable components for three recently leased E195-E2 aircraft from Azorra. LOT… Read More »
Tuesday October 29, 2024
Brazilian airline Azul Linhas Aereas has finalised negotiations with its aircraft lessors and creditors, securing up to US$500 million in new financing from bondholders. As part of the agreement, Azul will receive US$150 million immediately, another US$250 mil… Read More »
Tuesday October 29, 2024
Boeing and LATAM Airlines Group, South America’s foremost passenger and cargo airline group, have announced the purchase of ten additional 787 Dreamliners, with options for a further five aircraft. This investment strengthens LATAM’s position as the largest op… Read More »
Tuesday October 29, 2024
The Lufthansa Group achieved record third-quarter (Q3) revenue of €10.7 billion, a 5% increase from the previous year’s €10.3 billion, primarily due to an increase in flight numbers and a boost in Lufthansa Technik’s performance. This strong revenue result… Read More »
Monday October 28, 2024
Dubai Aerospace Enterprise (DAE) has signed an agreement to acquire ten narrow-body, next-generation aircraft for an aggregate consideration of approximately US$0.5 billion. This latest addition to DAE’s portfolio consists entirely of aircraft currently leased… Read More »