2 July 2021

Refinitiv CFO Brian West to become new Boeing Chief Financial Officer during turbulent times

After the surprise announcement two months ago of the retirement of its long-time CFO Greg Smith, Boeing has found a replacement, Brian West. West has been the CFO of financial market data provider Refinitiv since 2018 and will take up his new post on August 27, this year. He will be joining Boeing at one …

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Magnetic MRO signs cooperation and representation agreement with Component Overhaul Services

Magnetic MRO, a Total Technical Care and Asset Management organization, has signed a cooperation and representation agreement with Component Overhaul Services (COS), commercial/regional landing gear, accessory, and airframe repair station located in Miami, Florida. The recent agreement is the extension of previous ad-hoc cooperation between the two companies and allows Magnetic MRO to work as …

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Pel-Air to add two new Pilatus PC-24 jets to NSWA fixed-wing air ambulance services contract

As announced by the New South Wales Government on June 22, 2021, funds for the new budget year have been allocated for NSW Ambulance (NSWA) to secure an improved mix of aircraft in its Air Ambulance fleet. Rex subsidiary Pel-Air will be adding two new Pilatus PC-24 jets to the NSWA fixed-wing air ambulance services …

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ST Engineering and City of Pensacola break ground for new aircraft maintenance hangar

ST Engineering has announced the groundbreaking for a new aircraft maintenance hangar at the Pensacola International Airport. The construction of the new hangar is the first phase in the development of a 655,000 ft² airframe maintenance, repair & overhaul (MRO) complex that was originally announced in October 2018. The project expands on an existing two-bay wide-body …

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DAE signs 91 lease transactions in first half of 2021

Dubai Aerospace Enterprise (DAE) has reported its business transactions update for the first half of 2021 for its aircraft leasing division, DAE Capital: The number of new underwriting aircraft purchase commitments amounted to 26 (owned: 15; managed: 11), and DAE acquired 16 aircraft (owned: ten; managed: six) during the first half of 2021. The company …

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AAR signs agreement with Druck for global AOG support

AAR, a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed an agreement with Druck, a Baker Hughes business, to offer global aircraft-on-ground (AOG) support for a range of engine pressure sensors. This service will be performed through AAR´s customer support team and worldwide warehouses network. Complementing existing solutions …

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German Ministry of Defense signs order for five Boeing P-8A Poseidon aircraft

The German Ministry of Defense has signed a letter of offer and acceptance for five Boeing P-8A Poseidon aircraft under the U.S. government’s Foreign Military Sales (FMS) process. With this order, Germany becomes the eighth customer of the multimission maritime surveillance aircraft, joining the United States, Australia, India, the United Kingdom, Norway, Korea, and New …

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Airbus and Delta TechOps welcome GE Digital into aviation Digital Alliance

The aviation Digital Alliance, the partnership initiated by Airbus and Delta TechOps in 2019, is expanding to include GE Digital. The vision for the expanded Digital Alliance is to further develop real solutions that curb operational disruptions, drive progress in unplanned maintenance events and ultimately benefit global commercial operators’ bottom-line financial performance. Under the umbrella …

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