15 June 2021

AJW Group and Arena Investors launch US$100 million Dublin-based aviation asset JV

AJW Group (AJW) and Arena Investors, LP (Arena) have announced their joint venture which will focus on the selective acquisition of commercial aircraft, engines, and components. The JV will take advantage of AJW’s global network and operational expertise, along with Arena’s comprehensive experience in investments related to the aviation industry. The joint venture will be …

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GE Aviation and Safran launch advanced technology demonstration program for sustainable engines

GE Aviation and Safran have launched a bold technology development program targeting more than 20% lower fuel consumption and CO2 emissions compared to today’s engines. The CFM RISE (Revolutionary Innovation for Sustainable Engines) program will demonstrate and mature a range of new, disruptive technologies for future engines that could enter service by the mid-2030s. The …

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Turkish Technic expands inventory with Boeing parts agreement

Boeing and Turkish Technic have renewed a tailored parts package agreement, extending the maintenance, repair, and overhaul (MRO) provider’s current contract by three years. The contract will enable Turkish Technic to reinforce its efficiency, reliability, and access to a global network of parts and component services. Through this agreement, Turkish Technic will continue to streamline maintenance …

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BlueBird Aero Systems completes delivery of 100 VTOL UAVs to European customer

BlueBird Aero Systems, partially owned (50% of shares) by Israel Aerospace Industries (IAI), has completed the delivery of 100 WanderB-VTOL UAVs to a European customer. The Vertical Takeoff and Landing (VTOL) UAVs are part of a transaction involving over 150 WanderB-VTOL and ThunderB-VTOL UAVs worth tens of millions of dollars (USD). This is the world’s …

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Airbus establishes Zero-Emission Development Centres in Germany and France

Airbus has decided to concentrate its efforts for metallic hydrogen tanks in a complementary setup by creating Zero-Emission Development Centres (ZEDC) at its sites in Bremen (Germany) and in Nantes (France). The goal of the ZEDC is to achieve cost-competitive cryogenic tank manufacturing to support the successful future market launch of ZEROe and to accelerate …

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SPI to manage donation of multiple jet engines from Cadence Business Finance to aircraft mechanic training programs

On behalf of Cadence Business Finance (CBF), Sage-Popovich (SPI) will be coordinating the donation of multiple CF34 and ALF 502 engines to aviation mechanic schools. Nick Popovich, the company Chairman, has always supported the aviation learning community. When it came time to clear these engines out of storage, the CBF team generously offered them up …

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ASQS expands global footprint with office opening in Calgary

ASQS (Advanced Safety and Quality Solutions), a leading Vienna-based aviation quality and safety management software provider, has announced the opening of its new office in Calgary, Alberta. The subsidiary in Calgary, ASQS Safety and Quality Solutions Inc., will allow ASQS to further expand not only its global footprint but also its customer support services by …

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