Munich, Germany-headquartered Lilium has announced it is entering into a strategic alliance with Brazilian airline Azul to create an exclusive eVTOL network in Brazil. Azul will buy 220 of the 7-seater Lilium electrical vertical take-off and landing (eVTOL) jets for up to US$1 billion. It is anticipated that the network will become operational in 2025. […]
Following the first-time display at MAKS Air Show in Moscow and looking at the second engine delivery in support of the certification program, the Russian aircraft manufacturer Baikal-Engineering has chosen GE Aviation’s H80 engine with Electronic Engine and Propeller Control (EEPC) to power its brand-new single-engine multi-purpose utility aircraft. The H80 turboprop engine, built and developed by
GE’s H-Series to power new LMS-901 utility aircraft Read More »
Around 2,500 frontline Qantas and Jetstar employees will be stood down for an estimated two months in response to ongoing COVID outbreaks. The stand-down is a temporary measure to deal with a significant drop in flying caused by COVID restrictions in Greater Sydney in particular and the knock-on border closures in all other states and
Qantas Group stands down 2,500 crew Read More »
The Board of Directors of Air Europa has approved the appointment of Richard Clark, until now Deputy General Manager of the company, as the new General Manager of Air Europa, replacing María José Hidalgo. His appointment, at the proposal of María José Hidalgo, who remains as CEO of the tourism group Globalia, was ratified by
Richard Clark becomes new Chief Executive Officer of Air Europa Read More »
Lufthansa Technik is starting a new year of training the future’s skilled workers: 126 young people will begin their training in 2021 in an aviation-technology, industrial- or logistics-oriented profession. Even in these difficult times, Lufthansa Technik plans to meet its future needs for highly trained specialists. Despite the aviation crisis and structural changes in the
Lufthansa Technik Group welcomes 126 apprentices Read More »
Global investment firm Carlyle and Fly Leasing (FLY) have announced that an affiliate of Carlyle Aviation Partners (Carlyle Aviation) completed its previously announced acquisition of FLY. Carlyle Aviation is the commercial aviation investment and servicing arm within Carlyle’s US$61 billion Global Credit platform. The closing of the transaction follows the receipt of regulatory approval from
Carlyle Aviation completes acquisition of Fly Leasing Read More »
Skyworld Aviation has arranged the sale of two Avro RJ85’s to spares and components specialist Executive Jet Support (EJS) in the U.K. The two RJs were part of a ten-Avro RJ fleet previously operated by Braathens Regional. SE-DJO (serial number E2226) and SE-DJN (serial number E2231) are currently located at Norwich Airport in the U.K.
Skyworld Aviation arranges sale of two Avro RJ85’s to Executive Jet Support Read More »
Aviation data and advisory consultancy IBA, has outlined a divergence in value trends between narrow-body and wide-body aircraft driven by a surge in domestic travel in certain markets, but continuing low levels of international travel globally. In a recent aircraft values webinar, IBA illustrated how a surge in domestic passenger flights, driven largely by rapidly
