6 July 2021

Sydney Airport in investors’ sights with AU$22.62 billion offer

Taking a longer-term view of the global pandemic’s effect on air travel, the Sydney Aviation Alliance, a consortium comprising IFM Investors (IFM), QSuper and Global Infrastructure Partners, has made an offer of AU$8.25 per Sydney Airport Holdings Pty Ltd (SAH) share, a 42% premium to the stock’s close on Friday July 4. This resulted in […]

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BOC Aviation delivers seven Boeing 737 MAX 8 aircraft to TUI

BOC Aviation has delivered the seventh of seven new Boeing 737 MAX 8 aircraft for lease to TUI Travel Aviation Finance (TUI). All aircraft are powered by CFM LEAP-1B engines. Tom Chandler, Managing Director, Fleet and Asset Management, TUI Group, said: “We are very pleased to have expanded our relationship with BOC Aviation through these

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Israel Aerospace Industries to establish first passenger-to-freighter conversion site in Europe

Israel Aerospace Industries’ (IAI) Aviation Group has agreed to establish a passenger-to-freighter conversion site to convert the Boeing 737-700/800 with Atitech at Atitech’s MRO center in Naples, Italy, following the rise in demand for cargo aircraft of this model. The cargo conversion site in Italy will join two existing cargo conversion sites in China. Atitech

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Swissport expands U.S.-network with new presence at Bergstrom International Airport (AUS)

Starting this July, Swissport will be offering airport ground services at Austin Bergstrom International Airport (AUS). The Texas airport adds to Swissport’s dense U.S. network of 44 airports in 25 states. Austin is Swissport’s first opening of a new U.S. airport location in six years, underlining its growth ambitions as the industry recovers from the

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APOC acquires four young Boeing 737 airframes from large U.S. legacy carrier

APOC has purchased four Boeing 737 airframes for teardown from a large U.S.-based legacy carrier. Built in 2008/9 the airframes have single operator traceability and were fully active until the outbreak of the COVID-19 pandemic. The aircraft are currently being parted-out in Marana, Arizona. According to Jasper van den Boogaard, VP Airframe Acquisition & Trading

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