13 May 2021

Alaska-Horizon Embraer E175 aircraft © Embraer

Alaska Air Group orders a combined 17 Embraer E175s for Horizon Air and Sky West

Alaska Air Group has announced that it has converted nine of its April 2016 options to firm purchases for Brazilian planemaker Embraer’s E175 jets under a Capacity Purchase Agreement (CPA) at a list price of US$449.1 million. “We have navigated through the pandemic and we’re on a solid path to recovery. The E175 remains a […]

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AerCap shareholders approve acquisition of GECAS

AerCap Holdings N.V. has released that its shareholders have approved the previously announced acquisition of GE Capital Aviation Services (GECAS), a General Electric business, at the Annual General Meeting of shareholders held on May 12. The transaction remains subject to the receipt of necessary regulatory approvals and to the satisfaction of other customary closing conditions.

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Qantas Group to adjust planned international flights from end-October 2021 to late December 2021

Qantas has released that the Federal Government has revised its anticipated timeline for the completion of Australia’s vaccine rollout to end-2021 and its timeline for significantly reopening its international borders to mid-2022. In light of these two dates, the Qantas Group will adjust its planned international flights from end-October 2021 to late December 2021.  (Trans-Tasman

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MTU Maintenance delivers 500th CF34-10E engine to Kenya Airways

MTU Maintenance handed over its of 500th overhauled CF34-10E to customer Kenya Airways in a virtual ceremony on May 11. MTU Maintenance has maintained a number of Kenya Airways’ CF34-10E engines since 2016 and CFM56 engines since 2019. “Despite these unusual times, we are delighted that it was possible to celebrate this success and milestone with

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GA Telesis signs Boeing 767 teardown consignment agreement with major North American airline

GA Telesis has signed a Boeing 767 teardown consignment agreement with a major North American airline. The contract was completed through a partnership with GA Telesis’ Component Solutions team for the distribution and resale of parts removed from the 767 aircraft. As one of the global leaders in component supply chain solutions and with distribution

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Airshare orders three super-midsize Challenger 350 aircraft

Airshare plans to double its fractional fleet with the addition of Bombardier’s Challenger 350 business jets. The company has ordered three super-midsize Challenger 350 aircraft, with options for 17 more, which will enable the Kansas City-based private aviation company to double the size of its fractional ownership fleet in the near future. Airshare selected the

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IAI reports increase of 23.5% in net income in first-quarter

Israel Aerospace Industries (IAI), Israel’s largest national military and civilian security defense company, has issued its consolidated financial statements for the quarter ended March 31, 2021. The company’s sales in Q1 2021 totaled approx. US$1,015 million compared with approx. US$1,018 million in Q1 2020, a decrease of US$3 million mainly arising from the increase in

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Incora™ opens new global corporate headquarters in Fort Worth

Incora, a provider of innovative supply chain management solutions, has announced at a ribbon-cutting ceremony the opening of its new global headquarters at 2601 Meacham Boulevard in Fort Worth, Texas. Fort Worth was previously home to two company offices, which have consolidated into the new, expanded location. Incora’s largest warehouse, by volume, is in the Dallas-Fort

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