11 May 2021

Airbus looks to reduce A220 losses with appointment of new Canada operations chief

People, Top Stories

In an effort to reduce current losses plaguing the A220 program, Airbus has appointed Benoit Schultz, a former Bombardier employee and a current supply chain executive with the European planemaker, to the role of running the Canadian operation. He will adopt his new role on September 1, when the current chief, Philippe Balducchi, leaves to […]

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StandardAero to provide Air Nostrum with PW127M and APU services

MRO & Production

Spanish regional airline Air Nostrum has selected StandardAero to provide support services for the Pratt & Whitney PW127M engines powering its fleet of ATR 72-600 regional turboprops.  Under the exclusive five-year agreement, StandardAero will provide Air Nostrum with PW127M hot section inspections (HSIs) and additional services from its OEM-authorized PW100 Designated Overhaul Facilities (DOFs) in

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Willis Lease Finance posts first-quarter pre-tax loss of US$1.7 million

Financial

Willis Lease Finance has reported first-quarter total revenues of US$61.1 million and a pre-tax loss of US$1.7 million. The company reported lower revenue in the first quarter when compared to the prior year period, primarily due to the impact of the COVID-19 pandemic. The slowdown in global travel continues to impact aircraft and engine utilization

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Triumph Group sells three aerostructures sites to Arlington Capital Partners

Financial

Triumph Group has completed the sale of three of its aerostructures sites to Arlington Capital Partners. The transaction was effective May 7, 2021 and includes the Triumph Composites business consisting of the Milledgeville, Georgia and Rayong, Thailand operations, as well as its structures operations in Red Oak, Texas. Combined, the businesses encompass approximately 1.8 million

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Liebherr on board Dassault’s new Falcon 10X business jet

MRO & Production

On May 6, 2021 the Falcon 10X was launched by Dassault Aviation and Liebherr will supply major systems and components for the all-new business jet. Liebherr-Aerospace Toulouse SAS (France), Liebherr’s center of excellence for air management systems, is responsible for the Falcon 10X’s integrated air management system. This major work package covers the bleed, air

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ABL Aviation appoints Michael Weiss as CCO to spearheading growth

People

ABL Aviation, the global independent aircraft investment management firm, has appointed Michael Weiss as Chief Commercial Officer. Weiss’ appointment further strengthens ABL Aviation’s senior leadership team as the company pursues its growth strategy, underpinned by independent decision making and an innovative approach to aircraft financing. In his new role, Weiss will be responsible for further

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