January 20, 2020

BAE invests US$2.2bn on two acquisitions to strengthen U.S. electronic systems foothold

BAE Systems plc (BAE), the British multinational defense, security and aerospace company, has announced that it is to make two major purchases in the U.S. – the military Global Positioning System (GPS) business belonging to Collins Aerospace, and the Airborne Tactical Radios (ATR) business belonging to Raytheon. The opportunity to acquire two sector-appropriate businesses has […]

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Charlotte Svensson named new CIO for SAS

People

SAS has released that Charlotte Svensson has been appointed as the new Executive Vice President and Chief Information Officer (CIO) as of February 1, 2020. Svensson will succeed Mattias Forsberg who announced in October last year that he is leaving SAS for a new position as CIO at Svenska Handelsbanken. Svensson has a broad background

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StandardAero acquires TRS Global Services subsidiary, TRS Ireland

Financial

StandardAero has acquired TRS Global Services subsidiary, TRS Ireland, a highly specialized provider of component repair and manufacturing processes for a large range of industrial, aeroderivative and aircraft gas turbines. The acquisition will continue to expand StandardAero’s Components, Helicopters & Accessories (CH&A) division and its worldwide portfolio of MRO and component repair services. TRS

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Philippine Airlines leases two De Havilland Canada Dash 8-400 aircraft from TrueNoord

Aircraft & Engines

Specialist regional aircraft lessor, TrueNoord, is leasing two new Dash 8-400 aircraft to Philippine Airlines on long-term operating lease agreements. MSN 4610 has been delivered and MSN 4612 will join the fleet in February. These aircraft are the first Dash 8-400 aircraft manufactured by De Havilland Aircraft of Canada Limited to enter service in TrueNoord’s

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Aergo Capital reports successful fourth quarter

Aircraft & Engines

Aergo Capital has announced that during the fourth quarter of 2019 and the beginning of January 2020, the company has completed the sale of six aircraft and the acquisition of three aircraft. The dispositions included sales of one Airbus A330-200 and one Airbus A330-300 aircraft on lease to Qatar Airways, one Boeing 737-900ER aircraft on

Aergo Capital reports successful fourth quarter Read More »

C&L Aviation expands its ATR 42 aircraft parts programme

Airstream arranges lease of ATR 42-500 aircraft to interCaribbean

Aircraft & Engines

Aircraft remarketing specialist Airstream International Group has arranged the lease of an ATR 42-500 aircraft on behalf of Gladiator Leasing Limited. The 2003-manufactured aircraft, serial number 621, was leased to interCaribbean Airways. Airstream continues to enjoy a close relationship with Gladiator Leasing Limited and Erste Bank, having remarketed a number of their aircraft, and is

Airstream arranges lease of ATR 42-500 aircraft to interCaribbean Read More »

MTU Maintenance opens office in Dublin

Other News

MTU Maintenance, a global leader in customized solutions for aero engines, has opened an office in the heart of the aviation leasing community birthplace, Dublin, Ireland. Located in the Victorian quarter, the office is being run by leasing experts Eileen Guerin, Vice President Commercial Ireland and Des Clarke, Vice President Technical and Strategy Ireland, on

MTU Maintenance opens office in Dublin Read More »

Centurion Law Group leads market entry of Turkish Airlines into Equatorial Guinea

Airlines & Routes

Pan-African law firm Centurion Law Group has led the entry of Turkish Airlines into Malabo, Equatorial Guinea. Operations on the new route will commence on February 7, 2020. The entry of Turkish Airlines into Equatorial Guinea supports the objectives of the year of investment initiative led by the Ministry of Mines and Hyrocarbons. As part

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Acumen Aviation and Blueberry Aviation announce co-operation agreement

Other News

Acumen Aviation and Blueberry Aviation, both leading Aircraft Asset Managers, have announced a co-operation agreement. This agreement draws from the strength of each party and provides both with a greater combined opportunity to support their growing client base. Services provided will offer cradle to grave asset management from evaluation and sourcing aircraft to managing day

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Further 737 MAX software issues see FAA grounding continue, possibly until April

Aircraft & Engines, Top Stories

Boeing is currently reviewing a new technical issue with the software update for the currently grounded 737 MAX jet. “We are making necessary updates,” Boeing said in a statement. Officials at the planemaker have confirmed that the issue relates to a software power-up monitoring function which verifies that certain system monitors are correctly operating. In

Further 737 MAX software issues see FAA grounding continue, possibly until April Read More »

BAE invests US$2.2bn on two acquisitions to strengthen U.S. electronic systems foothold

Charlotte Svensson named new CIO for SAS

StandardAero acquires TRS Global Services subsidiary, TRS Ireland

Philippine Airlines leases two De Havilland Canada Dash 8-400 aircraft from TrueNoord

Aergo Capital reports successful fourth quarter

Airstream arranges lease of ATR 42-500 aircraft to interCaribbean

MTU Maintenance opens office in Dublin

Centurion Law Group leads market entry of Turkish Airlines into Equatorial Guinea

Acumen Aviation and Blueberry Aviation announce co-operation agreement

Further 737 MAX software issues see FAA grounding continue, possibly until April

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20 January 2020

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