March 22, 2022

China Eastern Airlines grounds all 109 Boeing 737-800s after fatal crash in mountains

A China Eastern Airlines Boeing 737-800, flight MU5735, with 123 passengers and nine crew onboard has crashed in a mountainous region of southern China. Early reports suggest that there are no survivors, while Chinese state television reported, citing China Eastern Airlines, that there were no foreigners on the flight. As a consequence, China Eastern Airlines …

China Eastern Airlines grounds all 109 Boeing 737-800s after fatal crash in mountains Read More »

Leonardo to sell Global SATCOM business for US$450 million

Financial

Leonardo’s US subsidiary Leonardo DRS has signed a definitive agreement to sell its Global Enterprise Solutions business (GES) to SES for US$450 million, gross of taxes, subject to customary working capital adjustments. Closing of the deal is targeted for the second half of 2022 and is subject to customary regulatory approvals, including Hart-Scott-Rodino and the …

Leonardo to sell Global SATCOM business for US$450 million Read More »

Flying classroom takes to the sky with support from Starling Aerospace

MRO & Production

A project to facilitate the training of the next generation of aerospace engineers in the UK’s only ‘flying classroom’ is fully operational thanks to the technical expertise of aircraft interior specialist, Starling Aerospace. Working in partnership with Cranfield University’s National Flying Laboratory Centre (NFLC), Starling has completed a six-month programme of modification and re-certification of …

Flying classroom takes to the sky with support from Starling Aerospace Read More »

WestJet Cargo and the GTA Group announce partnership expansion

Other News

WestJet Cargo and the GTA Group have agreed on a long-term partnership that will support the expansion and growth of domestic cargo opportunities for both businesses. Beginning in 2022, WestJet Cargo will partner with the GTA Group to increase shipping capacity using four dedicated Boeing 737-800NG freighters operated by WestJet, to fulfil overnight express cargo …

WestJet Cargo and the GTA Group announce partnership expansion Read More »

Lockheed Martin partners with Israel Aerospace Industries on Global Air Defence projects

Military & Defense

Lockheed Martin and Israel Aerospace Industries (IAI) have agreed to partner to jointly promote a Ground-based Air Defence (GBAD) system centred around the Lockheed Martin United Kingdom SkyKeeper and the BARAK MX system. As part of the partnership, Lockheed Martin and IAI will promote their technological and manufacturing expertise in air defence solutions that protect …

Lockheed Martin partners with Israel Aerospace Industries on Global Air Defence projects Read More »

Finnair participates in oneworld SAF purchase agreement

Other News

Members of the oneworld® Alliance plan to purchase up to 200 million gallons of sustainable aviation fuel per year from Colorado-based renewable fuels producer Gevo, in the second such joint commitment by the global airline alliance in four months. Delivery of the fuel will commence from 2027, for a five year-term. oneworld is the first …

Finnair participates in oneworld SAF purchase agreement Read More »

Magnetic Trading signs cooperation agreement with ITS

MRO & Production

Magnetic Trading, part of Magnetic Group, has announced the signing of a cooperation agreement with ITS, the US-based nose-to-tail supply chain partner within the air transport aftermarket industry. The two companies have already been working together on an ad-hoc basis and thus the recent cooperation agreement is the natural next step in cooperation, allowing both …

Magnetic Trading signs cooperation agreement with ITS Read More »