During the 2022 edition of FIDAE (Feria Internacional del Aire y del Espacio) in Chile, Embraer announced that the worldwide fleet of the A-29 Super Tucano aircraft has reached 500,000 flight hours. With more than 260 units delivered, the aircraft has already been selected by more than 15 air forces worldwide, including the United States […]
A-29 Super Tucano fleet reaches 500,000 flight hours Read More »
LCI, a leading helicopter and commercial aircraft leasing company with offices in Dublin, London and Singapore, together with Sumitomo Mitsui Finance and Leasing Company (SMFL), have acquired an additional five next-generation helicopters, comprising two Airbus H145 D3s, two Airbus H145 T2s and one Leonardo AW139. These aircraft will be deployed in mission-critical roles in both
LCI and SMFL commit to an additional five next-generation helicopters Read More »
In March 2022, Finnair carried 614,500 passengers, which was 611.7% more than in March 2021. The number of passengers in March 2022 was 38.7% more than in February 2022 (month-on-month figures are not fully comparable as there were three fewer days in February). The COVID-19 impact, including the strict travel restrictions imposed by several countries
Finnair sees improvement in passenger traffic figures despite Russian airspace closure Read More »
Pratt & Whitney Canada has announced a new engine model for its PT6 E-Series™ engine family. The PT6E-66XT engine is purpose built for Daher’s latest very-fast, single-engine turboprop airplane, the TBM 960. The PT6 E-Series™ is the first engine family with a dual-channel integrated electronic propeller and engine control system in the General Aviation turboprop
Pratt & Whitney Canada introduces new PT6E-66XT engine for Daher’s TBM 960 airplane Read More »
Spirit Airlines has released that it received an unsolicited proposal from JetBlue Airways to acquire all of the outstanding shares of Spirit’s common stock in an all-cash transaction for US$33.00 (£25.00) per share. Consistent with its fiduciary duties, the Spirit Board of Directors will work with its financial and legal advisors to evaluate JetBlue’s proposal
Spirit Airlines receives proposal from JetBlue Airways Read More »
SIA Engineering Company Limited (SIAEC) has signed a non-binding Memorandum of Understanding with Impeccable Vintage Properties Sdn Bhd (IVP), a wholly-owned subsidiary of Malaysia’s sovereign wealth fund Khazanah Nasional Berhad (Khazanah), to potentially lease two hangars located at Complex A, Sultan Abdul Aziz Shah Airport, Selangor, Malaysia (Subang). Through this MOU, the parties will now
SIA Engineering Company signs MOU for hangar facility in Subang, Malaysia Read More »
Greg Watson has joined King Aerospace as Chief Operating Officer. The company is experiencing dynamic, but-controlled growth with the expansion of its modification services. It announced the addition of two hangars at the Northwest Arkansas Regional Airport in addition to robust maintenance, repair and overhaul business at its facility at the Ardmore (Oklahoma) Industrial Airpark.
Greg Watson joins King Aerospace as Chief Operating Officer Read More »
Aviation industry consultant IBA has published its latest Aviation Industry Barometer for February 2022. Data from IBA’s InsightIQ intelligence platform indicates that the recovery of global passenger flights has been static from December 2021 to February 2022, with flight capacity remaining at 74% relative to pre-pandemic levels. IBA’s Aviation Industry Barometer for February 2022 indicates
IBA releases latest Aviation Industry Barometer for February 2022 Read More »
Dubai Aerospace Enterprise (DAE) has successfully closed a new four-year US$1 billion (£760 million) revolving credit facility with a one-year extension option. The facility replaces other facilities with near-term maturity dates and represents DAE’s first facility that is priced with reference to SOFR. The facility attracted strong interest from a broad group of banks and
DAE closes US$1 billion revolving credit facility Read More »
