CORAX expands with new Singapore office & APAC manager
Monday September 9, 2024
CORAX, a specialist in aviation components and innovator in the industry, has announced two major developments; the opening of a new sales office in Singapore and the appointment of Mr Malone Pun as Sales and Purchasing Manager for the APAC region. Malone brin… Read More »
HAECO to support Philippine Airlines’ A321 maintenance
Monday September 9, 2024
HAECO has announce that it has commenced providing heavy maintenance services, including D-Checks, for Philippine Airlines’ Airbus A321 aircraft at its Xiamen facility, starting in August 2024. The initial maintenance agreement was first established in 1999, a… Read More »
eSky to acquire Thomas Cook from China’s Fosun
Friday September 6, 2024
Thomas Cook is set to return to European ownership after Chinese Fosun agreed to sell the UK travel company to Polish travel platform eSky. Fosun will sell Thomas Cook, excluding its Chinese operations, to eSky for up to £30 million. Thomas Cook, established … Read More »
Ontic expands with new investment from CVC and new investors
Friday September 6, 2024
Since CVC Capital Partners acquired Ontic from BBA Aviation in 2019, the company has experienced significant growth. Ontic is now set to enter a new investment cycle to address the evolving needs of aircraft operators and licensors. This investment will focus … Read More »
EASA orders inspections for Rolls-Royce Trent XWB-97 engines
Friday September 6, 2024
The EASA has mandated inspections for the Airbus A350-1000 fleet, which is equipped with Rolls-Royce Trent XWB-97 engines. This precautionary measure follows a serious incident involving a Cathay Pacific flight from Hong Kong earlier this week. EASA’s Emergenc… Read More »
Azorra delivers first Airbus A220 to Cyprus Airways
Friday September 6, 2024
Azorra has announced the delivery of an Airbus A220-300 to Cyprus Airways, marking the beginning of a new partnership with the Cypriot flag carrier. The aircraft, previously operated by Egyptair, is part of a batch of 12 A220s acquired by Azorra in February 20… Read More »
AOI and Safran sign Larzac engine maintenance agreement
Friday September 6, 2024
The Arab Organization for Industrialization (AOI), has received a supplier certificate from aircraft engine manufacturer Safran Aircraft Engines. This certification follows a cooperation agreement signed in December 2023 for the maintenance, repair, and overha… Read More »
Unical Aviation announces ecube Solutions acquisition
Friday September 6, 2024
Unical Aviation, has announced the acquisition of ecube Solutions, a global expert in aircraft storage, disassembly, and transition services, with bases in the UK, Spain and the USA. This strategic acquisition marks a significant milestone in Unical’s ongoing … Read More »
Curtiss-Wright lands £20 Million Belgian Air Force contract
Friday September 6, 2024
Curtiss-Wright Corporation has announced it has been awarded a £20 million (US$26.4 million) multi-year contract by the Belgian Air Force to modernise its aircraft arresting systems. Under the agreement, Curtiss-Wright will supply new cable systems and relate… Read More »
Genesis adds BayernLB to US$450 million credit facility
Friday September 6, 2024
Genesis, a Dublin-based commercial aircraft leasing company, has announced that BayernLB has joined its US$450 million warehouse facility as a co-lender. The facility, initially led by CitiBank, now includes BayernLB alongside Morgan Stanley and Bank of Americ… Read More »
Egyptair Maintenance & Engineering signs MoU with Airbus
Thursday September 5, 2024
Egyptair Maintenance & Engineering (Egyptair M&E) has announced the signing of a memorandum of understanding (MoU) with Airbus. This partnership strengthens Egyptair M&E’s position as a global leader in aviation maintenance and repair services (MRO… Read More »
Air India breaks ground on MRO facility at Bengaluru Airport
Thursday September 5, 2024
Air India has officially launched construction of a pioneering base maintenance facility at Kempegowda International Airport in Bengaluru. Spanning 35 acres, this facility marks a significant collaboration between Air India, the Government of Karnataka, and Be… Read More »
SITA appoints Shawn Gregor & Selim Bouri as regional Presidents
Thursday September 5, 2024
SITA has announced the appointment of Shawn Gregor as company President of the Americas and Selim Bouri as company President of the Middle East and Africa. Both bring extensive experience from the travel and transport, telecommunications, and IT sectors. Shawn… Read More »
HAECO partners with Safran Aircraft Engines for LEAP RBS installation
Thursday September 5, 2024
HAECO has announced a long-term partnership with Safran Aircraft Engines for the installation of the reverse bleed system (RBS) on LEAP engines. This collaboration reinforces HAECO’s reputation as a trusted provider of high-quality engine services and its comm… Read More »
JEKTA signs first lessor deal with Solyu for 30 PHA-ZE 100 aircraft
Thursday September 5, 2024
Swiss aircraft developer JEKTA has signed its first lessor agreement with Solyu for 30 PHA-ZE 100 zero-emissions amphibious aircraft. This deal boosts JEKTA’s advanced commitments for its amphibious aircraft to over US$1 billion. Based in Seoul, South Korea, S… Read More »
Deutsche Aircraft awards Jaivel Aerospace D328eco contract
Thursday September 5, 2024
Deutsche Aircraft has contracted Jaivel Aerospace to update and develop design and manufacturing standards for the 40-seater D328eco regional turboprop. This follows a successful pilot programme created by the Deutsche Aircraft and Jaivel Aerospace teams, base… Read More »
BBVA México and Aeroméxico finalise US$200 million loan
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 »
Aegean invests €25 million in Spanish low-cost carrier Volotea
Wednesday September 4, 2024
Aegean Airlines has invested €25 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. Aegean made the investment through a profit-… Read More »
Heart Aerospace and Loganair launch hybrid-electric partnership
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 »
AerFin unveils new branding amidst global expansion
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 »