The European Union approved a EUR 200 million short term loan for Austrian Airlines AG, as the company awaits approval for its takeover by Germany's Lufthansa AG.
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EU Commission clears financial aid for Austrian Airlines
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Thursday September 12, 2024
China Development Bank Financial Leasing announced that it will acquire 80 Airbus A320neo aircraft, with deliveries scheduled to commence in 2030. This substantial order aims to optimise the fleet structure of the bank's aviation unit and enhance the proportio... Read More »
Thursday September 12, 2024
Jackson Square Aviation (JSA) has announced the successful delivery of seven Boeing 737-8 aircraft to Air India Express, marking the completion of a significant long-term lease agreement with the airline. These aircraft deliveries are a part of Air India Expre... Read More »
Thursday September 12, 2024
TrueNoord, a specialist regional aircraft lessor, has leased two De Havilland Dash 8-400 aircraft to the Norwegian airline, Widerøe. The two 2013 vintage aircraft, MSN 4439/4448, are on operating lease and are part of TrueNoord's latest portfolio acquisition ... Read More »
Thursday September 12, 2024
West Star Aviation has announced the appointment of Ray Sharp to Director of Maintenance at their East Alton, Illinois (ALN) facility, where he will oversee all maintenance programmes. Ray Sharp began his career as an Airframe and Powerplant technician at Cess... Read More »
Thursday September 12, 2024
SkySelect has announced a successful partnership with MTU Maintenance, the MRO division of MTU Aero Engines, to modernise and optimise their engine parts sourcing processes. This collaboration marks a key step in the digital transformation of MTU Maintenance, ... Read More »
Thursday September 12, 2024
Ramco Systems, a global enterprise software company offering next-generation SaaS-enabled platforms and products, has launched version 6.0 of its Aviation Software, which leverages AI and machine learning for smarter, predictive aviation management. The latest... Read More »
Wednesday September 11, 2024
Southwest Airlines will overhaul its board of directors as longtime Chairman Gary Kelly is set to retire next year, the company announced on September 10. The Dallas-based airline has faced increasing pressure from hedge fund Elliott Investment Management, whi... Read More »
Wednesday September 11, 2024
Safran Aircraft Engines has announced its intention to acquire Component Repair Technologies (CRT), an American firm based in Mentor, Ohio, renowned for its expertise in aircraft engine part repairs. This move will bolster Safran's maintenance, repair, and ove... Read More »
Wednesday September 11, 2024
Joby Aviation, a developer of electric air taxis, has taken the initial step towards becoming the first certified air taxi operator in the UAE. During the International Civil Aviation Organization's inaugural Advanced Air Mobility Summit in Montreal, Canada, J... Read More »
Wednesday September 11, 2024
Piasecki Aircraft Corporation (Piasecki) has achieved a significant milestone in vertical take-off and landing (VTOL) technology with the maiden flight of its Aerial Reconfigurable Embedded System Demonstration Vehicle (ARES-DV). This historic flight, conducte... Read More »
Wednesday September 11, 2024
Aircastle has announced the appointment of David Odlum as Chief Risk Officer, effective December 1. Odlum will oversee all risk management activities within the company and will be a key member of the leadership team. Based at Aircastle's Dublin office, he wil... Read More »
Wednesday September 11, 2024
Thai express cargo airline K-Mile Asia has announced the addition of its first B767-300BCF, registered HS-KSA, to its fleet. This aircraft is K-Mile's first widebody freighter and marks Thailand's debut as a B767-300BCF operator. The new freighter, HS-KSA, arr... Read More »
Wednesday September 11, 2024
Lockheed Martin and Tata Advanced Systems (TASL) have strengthened their longstanding partnership through a new agreement focusing on the C-130J Super Hercules tactical airlifter. This collaboration represents a major step forward in bolstering India's defence... Read More »
Wednesday September 11, 2024
Swiss Aviation Software (Swiss-AS) has entered into a cooperation agreement with QOCO Systems to integrate its advanced tool management solution with AMOS. The integration of QOCO Systems' SaaS solution, MROTools.io, will enhance tooling management efficiency ... Read More »
Tuesday September 10, 2024
American Airlines has unveiled plans to create nearly 500 new aviation maintenance positions and expand heavy maintenance operations at its bases in Charlotte, North Carolina; Pittsburgh; and Tulsa, Oklahoma. This increase in headcount will enable the airline ... Read More »
Tuesday September 10, 2024
Boeing has announced a six-month delay in reaching a key production milestone for its 737 MAX, according to three industry sources. The revised timeline now aims to achieve an output of 42 MAX jets per month by March 2025, shifting from the previous target of ... Read More »
Tuesday September 10, 2024
AerFin has announced the opening of a new office in Singapore, further extending its global footprint. This new location adds to AerFin's existing offices in London Gatwick, Cardiff, Dublin, and Miami, establishing a local presence in some of the world's premi... Read More »
Tuesday September 10, 2024
FTAI Aviation has successfully finalised the acquisition of Lockheed Martin Commercial Engine Solutions (LMCES), a 526,000 ft² aircraft engine maintenance and repair facility based in Montréal, Québec. This acquisition from Lockheed Martin Canada bolsters F... Read More »
Tuesday September 10, 2024
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has announced key leadership appointments aimed at strengthening the group's organisation and maintaining its industry-leading standards in aviation maintenance, repair, and overhaul (MR... Read More »
Tuesday September 10, 2024
ITOCHU Corporation (ITOCHU) has made a strategic investment in Killick Aerospace (Killick) a global provider of aftermarket solutions for airlines, maintenance, repair, and overhaul organisations (MROs), lessors, and asset managers. Killick specialises in deli... Read More »
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