Friday September 27, 2024
Castlelake L.P., a global alternative investment manager specialising in asset-based investing with nearly two decades of experience in aviation, has announced commitments of over US$1 billion for a new aviation financing term loan facility. This facility will… Read More »
Liebherr signs predictive maintenance agreement with Azul
Friday September 27, 2024
Liebherr-Aerospace (Liebherr) and Azul have signed a customer service health management agreement to enhance aircraft maintenance operations using Liebherr’s analytics solutions. Leveraging big data and Liebherr-Aerospace’s proprietary data platform, Artic, th… Read More »
SR Technics, Cebu Pacific prolong engine maintenance agreement
Friday September 27, 2024
SR Technics has signed an extension to its CFM56-5B engine maintenance agreement with Cebu Pacific, the Philippines’ largest airline. This extension builds on a successful partnership that began in 2011, with SR Technics maintaining CFM56-5B engines that power… Read More »
ALC delivers first Airbus A220-300 to TAAG Angola Airlines
Friday September 27, 2024
Air Lease Corporation (ALC) has delivered a new Airbus A220-300 aircraft to TAAG Angola Airlines, marking the national carrier’s first A220 aircraft. This delivery is part of a long-term lease and is the first of six A220-300s scheduled to be delivered to TAAG… Read More »
Airinmar extends agreement with Singapore Airlines
Friday September 27, 2024
AAR CORP. subsidiary Airinmar, an independent provider of component repair cycle management and aircraft warranty solutions, has signed an extension agreement with Singapore Airlines. The extended partnership will leverage Airinmar’s comprehensive repair cycle… Read More »
Airbus retires A310 MRTT Flying Test Bed
Thursday September 26, 2024
After 18 years of service as the Airbus Defence and Space Flying Test Bed for aerial refuelling and in-house innovation projects, the A310 MRTT is retiring. Its successor, an A330-200, will continue to explore future technology developments. Over nearly two de… Read More »
AFI KLM E&M secures maintenance agreement with Cambodia Airways
Thursday September 26, 2024
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has announced a landmark five-year agreement with Cambodia Airways, marking a significant advancement in its maintenance and support operations. This new contract encompasses extensive c… Read More »
Renegade Air welcomes Kenya’s first ATR-500 aircraft
Thursday September 26, 2024
Renegade Air, in partnership with turboprop lessor Abelo and regional aircraft manufacturer ATR, celebrated the introduction of Kenya’s first ATR-500 aircraft during a ceremony held on September 25, at Wilson Airport. This milestone marks a significant develop… Read More »
Drayton Aerospace selects IFS EmpowerMX to optimise MRO operations
Thursday September 26, 2024
Drayton Aerospace Porto Alegre (POA) has chosen the IFS EmpowerMX solution to optimise its operations. The decision aims to boost return on investment and achieve greater efficiency through better resource utilisation. The partnership will enable predictive co… Read More »
Turkish Technic and Garuda Indonesia sign multi-year support deal
Thursday September 26, 2024
MRO services provider Turkish Technic has entered into a multi-year component support agreement with Garuda Indonesia, the national airline of Indonesia. The agreement was signed during the MRO Asia-Pacific event held in Singapore and covers Garuda Indonesia’s… Read More »
Fokker Services Asia and SIAEP strengthen Embraer service network in Asia-Pacific
Thursday September 26, 2024
Fokker Services Asia, a subsidiary of the Fokker Services Group (FSG), has been appointed as an Embraer authorised service centre. The agreement was finalised during the Aviation Week MRO Asia Pacific 2024 event in Singapore, and it enables Fokker Services Asi… Read More »
Abelo secures US$190 million financing for 20 turboprop aircraft
Wednesday September 25, 2024
Abelo, a specialist turboprop aircraft lessor, has successfully closed a US$190 million financing facility for a portfolio of 20 turboprop aircraft. The deal was underwritten by MUFG EMEA, Deutsche Bank AG (New York branch), and Société Générale. Both MUFG… Read More »
Uzbekistan Airways to lease two A321neos from SMBC Aviation Capital
Wednesday September 25, 2024
Uzbekistan Airways and aircraft leasing company SMBC Aviation Capital have signed lease agreements for two Airbus A321neo aircraft. The aircraft are scheduled for delivery in 2026 and will be sourced from SMBC Aviation Capital’s direct Airbus orderbook. This a… Read More »
B&H Worldwide and AerFin strengthen partnership
Wednesday September 25, 2024
B&H Worldwide, a prominent player in aerospace and aviation logistics, has announced an expansion of its agreement with aviation asset specialist AerFin. AerFin, which specialises in buying, selling, leasing, and repairing aircraft, engines and parts, aims… Read More »
Embraer expands MRO services with new centre in Fort Worth, Texas
Wednesday September 25, 2024
Embraer has announced plans to expand its maintenance, repair, and overhaul (MRO) services network in the United States by opening a new service centre at Perot Field Alliance Airport, Fort Worth, Texas. This expansion is aimed at supporting the growing fleet … Read More »
AAR reports strong first-quarter results for fiscal year 2025
Wednesday September 25, 2024
AAR CORP. has announced its financial results for the first quarter of fiscal year 2025, reporting consolidated sales of US$661.7 million, a 20% increase from the prior year’s sales of US$549.7 million. The company posted a net income of US$18.0 million, or US… Read More »
Nordic Seaplanes partners with Elfly for all-electric seaplane fleet
Wednesday September 25, 2024
Elfly Group, the developers of the all-electric seaplane programme ‘Noemi’ (no emissions), has announced a new partnership with Denmark’s Nordic Seaplanes. The agreement will make Nordic Seaplanes the world’s first airline to operate Noemi’s all-electric amp… Read More »
Afrijet orders new ATR 42-600 aircraft
Wednesday September 25, 2024
Gabonese airline Afrijet has signed a firm order for one ATR 42-600, with an option for an additional aircraft, with regional aircraft manufacturer ATR. The new aircraft will replace Afrijet’s older ATR 42-500 model, offering enhanced passenger amenities to me… Read More »
airBaltic and P&W sign long-term GTF engine maintenance agreement
Tuesday September 24, 2024
Latvian national airline airBaltic has signed a long-term EngineWise™ comprehensive maintenance services agreement with Pratt & Whitney (P&W) for its fleet of GTF (geared turbofan) engines. The agreement operates on a power-by-the-hour model, linking… Read More »
Setna iO announces new UK headquarters
Tuesday September 24, 2024
Setna iO has confirmed the contract exchange for its new 100,000 ft² UK headquarters, which will house both Setna iO and Setnix. The custom-designed facility is currently under construction and is scheduled for completion in Q2/Q3 2025. This significant inves… Read More »
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