February 8, 2022

Frontier and Spirit to merge in US$2.9 billion ultra-low-cost-carrier deal

American budget carriers Frontier Group Holdings (Frontier Airlines) and Spirit Airlines Inc (Spirit Airlines) are to merge to create the fifth-largest American carrier in a US$2.9 billion deal. Frontier Airlines will hold a controlling stake in the yet-to-be-named new carrier. The move could prove beneficial to both carriers while airlines, domestically and internationally, struggle to […]

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American Airlines signs definitive investment agreement with GOL

Financial

American Airlines has signed a definitive investment agreement with GOL, Brazil’s largest airline, deepening the relationship between the two carriers to create the broadest and most rewarding network in the Americas. The combined networks will provide customers with more than 30 destinations in the US served by American and more than 34 new destinations in

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Boeing buys two million gallons of sustainable aviation fuel for commercial operations

Other News

Boeing has signed a supply agreement for two million gallons (7.5 million litres) of blended sustainable aviation fuel (SAF) with EPIC Fuels to power its Commercial Airplanes operations in Washington state and South Carolina through 2022. “SAF is a safe, proven, immediate solution that will help achieve our industry’s long-term commitment to net-zero carbon emissions

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Aergo Capital delivers one DHC-8-Q400 aircraft to AvantiAir

Uncategorized

Aergo Capital (Aergo) has successfully delivered one DHC-8-Q400 aircraft bearing manufacturers serial number 4187 to AvantiAir. The delivery was completed on January 26, 2022. This unit is part of the 20 DHC-8-Q400 aircraft Aergo acquired in 2021. Fred Browne, Chief Executive Officer, Aergo, commented: “We are delighted to add AvantiAir to Aergo’s growing customer base. We

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Lufthansa Technik and WestJet sign CFM56-7B engine maintenance service agreement

MRO & Production

WestJet has awarded its CFM56-7B engine maintenance programme to Lufthansa Technik. The agreement provides WestJet with access to a wide range of services including overhaul capabilities and on-site maintenance support. Under a separate agreement, Lufthansa Technik has collaborated with FTAI Aviation to provide access to CFM56 modules and material to support this maintenance programme. An

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AAR signs ten-year extension of component MRO agreement with IAMCO

MRO & Production

AAR, a leading provider of aviation services to commercial and government operators, MROs and OEMs, has extended its component MRO contract with International Aerospace Management Company (IAMCO), which is responsible for depot-level maintenance for the North Atlantic Treaty Organization’s (NATO) E-3A AWACS aircraft fleet, for another ten years. The services will be performed at AAR’s

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SmartLynx Airlines to expand its fleet by adding new aircraft type

Aircraft & Engines

The beginning of 2022 marks a significant milestone in SmartLynx Airlines’ expansion. The ACMI and charter operator has signed an agreement with SMBC Aviation Capital to lease two Boeing 737 MAX 8 aircraft to meet growing demand from European and overseas markets. This deal launches a successful partnership between the airline and one of the

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Klaus Heinemann joins Nordic Aviation Capital as Strategy Consultant

People

Regional aircraft leasing company Nordic Aviation Capital (NAC), has appointed Klaus Heinemann as a Strategy Consultant with the intention to be named Non-Executive Chairman of the Board upon NAC’s emergence from Chapter 11. Heinemann brings over four decades of aviation financing and board expertise to NAC, having held senior leadership roles throughout his career. Heinemann

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