BOC Aviation and Qatar Airways enter into purchase and leaseback agreement for three 737-300ER aircraft

SMBC Aviation Capital has announced the successful settlement of insurance claims, resulting in the receipt of approximately US$710 million. This settlement pertains to its aircraft that were previously leased to Aeroflot. The funds represent the resolution of... Read More »

Israel Aerospace Industries (IAI) has delivered a Boeing 767-300ER to Challenge Airlines MT after completing conversion of the aircraft from a passenger-to-cargo configuration, at IAI’s conversion site facility in Belgrade. The aircraft is the first of four ... Read More »

TP Aerospace has announced that Nicolai Hertz has taken on the role of Chief Commercial Officer (CCO) of TP Aerospace as of October 2, 2023. Hertz brings almost 30 years of experience from the aviation industry from Satair, SAS Component Group and ST Aerospace... Read More »

AerFin has bolstered its A320 inventory with the acquisition of three Airbus A320ceo aircraft from Wings Capital Partners. All three aircraft are of manufacturer serial Number (MSN) 5000 and above, making them attractive airframes to be parted out worldwide of... Read More »

LATAM Airlines has taken delivery of its first A321neo leased from AerCap and placed an order for 13 additional A321neo aircraft to further expand its route network and drive its regional growth. This is the first delivery of a committed backlog of 76 A321neo ... Read More »

SkySelect has partnered with Ambry Hill Technologies, the creator of business management software solutions that are purpose-built for the aviation aftermarket, to provide suppliers with new opportunities to be more efficient and additional capabilities to max... Read More »

GKN Aerospace has been awarded a contract by the Swedish Defence Materiel Administration (FMV) to enhance and upgrade the RM12 engine, which powers the renowned Swedish fighter aircraft, the JAS 39 Gripen C/D. This engine enhancement project will be carried ou... Read More »

Spirit AeroSystems has released that Patrick M. Shanahan, a member of the company’s Board of Directors, has been appointed interim President and Chief Executive Officer (CEO), effective immediately. Shanahan succeeds Thomas C. Gentile III as President an... Read More »

As of March 31, 2024, Schiphol Airport will undergo significant changes, as outlined in its official capacity declaration for the 2024 summer season. This declaration heralds a reduction in both private jet operations and the total number of permitted flights,... Read More »

Ryanair has chosen Madrid as the site of its new €100 million pilot and cabin crew training centre, the largest aviation training centre in southern Europe. With Ryanair’s new training centre, which will train up to 250 aviation professionals a day, Ry... Read More »

The Danish Air Force has welcomed the in-country arrival of its first four permanently based F-35A Lightning II aircraft at Skrydstrup Air Base, Denmark. “Arrival of the first F-35 combat aircraft in Denmark is a historic event for th... Read More »

Shell Aviation and Emirates have signed an agreement for the supply of over 300,000 gallons of blended sustainable aviation fuel (SAF) for use at the airline’s international hub in Dubai (DXB). The first SAF delivery under the agreement is expected to comme... Read More »

Narita International Airport (NAA) has unveiled plans to construct Cargo Building No. 8, a pivotal addition to Narita International’s Airport’s Cargo Terminal Area. Scheduled to commence operations in October 2024, this new facility just outside To... Read More »

Hong Kong’s Cathay Group has announced the purchase of an additional 32 Airbus A320neo-family aircraft as it continues to invest in expanding and modernising its fleet. The agreement doubles the Cathay Group’s total orders for the A320neo family to 64, of ... Read More »

Safran Landing Systems is to become a key participant in Bell‘s tiltrotor aircraft programme, a crucial component of the U.S. Army’s Future Long-Range Assault Aircraft (FLRAA) project. Under the terms of the contract, Safran Landing Systems will ta... Read More »

Portugal’s flag-carrying airline, TAP Air Portugal (TAP), has now become profitable and, as a consequence, is being put up for sale by the government. The move comes after the stricken carrier was granted a €3.2 billion bailout in the form of a taxpayer-fu... Read More »

IBA, the aviation market intelligence and consultancy company, forecasts improving airline profits with a global average EBIT (Earnings Before Interest and Tax) margin of 9% in the 2025 financial year, compared to just 2% in 2022 and 7% in 2019 prior to the CO... Read More »

The Philippines’ flag carrier PAL and leading MRO provider Lufthansa Technik (LHT) have recently signed a three-year contract regarding the maintenance of eight CFM56-5B engines of the airline’s A320ceo fleet, effective in 2024. In addition to the existing... Read More »

Satair, an Airbus Services company, has appointed Richard Stoddart as its new Chief Executive Officer and Head of Airbus Material Services, effective October 1 2023. Stoddart joins Satair with a wealth of experience from the Airbus Defence and Space and Commer... Read More »

flyvbird, Europe’s new low-cost, on-demand regional airline model, has confirmed the creation of its flyvAI prototype, featuring proprietary algorithm and software architecture. It has been developed in collaboration with customised software development ... Read More »