Continental contributes $50 million to pension plans

EcoPulse, the hybrid-electric distributed propulsion aircraft demonstrator jointly developed by Daher, Safran and Airbus to support aviation’s decarbonisation roadmap, has successfully performed its first flight test in hybrid-electric mode. The demonstrator... Read More »

Swiss AviationSoftware (Swiss-AS) has inked contracts with Asiana IDT, the IT services provider of Asiana Airlines and its subsidiaries. The company signed for a tailored edition of AMOS to support the maintenance activities related to the fleet of Asiana Airl... Read More »

IATA’s outlook for the airline industry reveals an optimistic trajectory for 2023 and 2024. Projected net profits are US$23.3 billion in 2023 (2.6% margin) and US$25.7 billion in 2024 (2.7% margin), with operating profits expected to surge from US$40.7 b... Read More »

Fokker Services Group (Fokker), an independent integrator in aircraft completions and conversions, has received the EASA Supplement Type Certificate (STC) related to a special mission project conducted in partnership with Gulfstream Aerospace (Gulfstream) and ... Read More »

IFS, the global cloud enterprise software company, has made two senior appointments with Max Roberts and Belinda Finch joining the company’s executive leadership team as Chief Operating Officer and Chief Information Officer, respectively. The appointments un... Read More »

ExecuJet Haite Aviation Services China (ExecuJet Haite) has signed an agreement with Capital Airport Holding Business Aviation Management (CBM) to operate a new MRO facility at Beijing Daxing International Airport. The binding agreement allows ExecuJet Haite t... Read More »

VINCI Airports, in collaboration with Japanese company Orix, presented the newly renovated international terminal of Kansai International Airport (KIX), marking a significant milestone in their partnership since 2016. The extensive renovation aims to not only ... Read More »

Travelport Worldwide Limited (Travelport), a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, has released that a group of its existing equity holders and lenders have agreed to invest US$570 millio... Read More »

Kellstrom Aerospace Group, a leading provider of aviation life-cycle cost management solutions, has appointed John McKirdy as its Chief Commercial Officer. In his new capacity, McKirdy will leverage his extensive expertise and proven track record in delivering... Read More »

Nordic Aviation Capital (NAC) is to collaborate with ATR and TotalEnergies to offer the equivalent of 6% SAF on NAC’s ATR delivery flights. The initiative provides for a blend of 30% SAF to be used for one-out-of-five deliveries of new ATR aircraft to NAC, r... Read More »

Vincent Metz is joining SR Technics as VP Business Development Europe. In this role, he will leverage his experience in the aviation industry to grow SR Technics’ market share in Europe. With over two decades in aviation, Metz held key roles at Air France KL... Read More »

In its latest webinar on the narrow-body engine market, IBA, a leading aviation market intelligence and consultancy company, has predicted that engine market values and lease rates are likely to increase given the current and ongoing supply chain issues and th... Read More »

Turkish Airlines (TK) and Riyadh Air (RX) have agreed a strategic cooperation memorandum of understanding (MoU) to offer a comprehensive range of benefits for guests traveling between the Kingdom, Türkiye and points beyond their Riyadh and Istanbul hubs, as w... Read More »

AVIAN Inventory Management (AIM), a division of AVIAN Component Solutions (ACS),a customised inventory capital solutions and financing services for the aviation industry, has successfully finalised the acquisition of two Embraer ERJ 170-100 LR aircraft from gl... Read More »

Alaska Air Group has reached an agreement to acquire its rival, Hawaiian Airlines, in a deal valued at US$1.9 billion. This transaction marks the second proposed airline merger in less than two years and sets the stage for a potential regulatory battle. Under ... Read More »

China Airlines has entered into a services agreement with GE Aerospace for its 747-400F fleet, as announced by GE Aerospace. Under this long-term agreement, China Airlines will rely on GE’s OEM solution for high-pressure compressor air foils, with GE man... Read More »

South Korea’s Defense Acquisition Program Administration (DAPA) has announced Embraer’s C-390 Millennium as the winner of the Large Transport Aircraft (LTA) II public tender to provide the Republic of Korea Air Force (ROKAF) with new military transport air... Read More »

Collins Aerospace is working with easyJet to activate GlobalConnectSM connected aircraft services on more than 330 Airbus aircraft in its fleet. easyJet will become the largest A320 operator to deploy GlobalConnect. This new capability enhances safety oversig... Read More »

SITA has announced the appointments of Stefan Schaffner as Senior Vice President of SITA AT AIRPORTS and Sergiy Nevstruyev as Senior Vice President of SITA Global Services (SGS). The two bring a wealth of management experience in the travel, transport and mobi... Read More »

Hamburg Airport has become the first German and the 12th member of the international “Hydrogen Hub at Airport” network, to promote the further expansion of hydrogen infrastructure in aviation. The network’s membership already includes members fro... Read More »