2 June 2022

Long-time Airbus executive Klaus Roewe to join Lilium as new CEO

Lilium N.V. (Lilium) has announced that Klaus Roewe, long-time Airbus executive, is to join the company on August 1, 2022, as its new CEO. Roewe is a highly respected industry veteran who led Airbus’ most important business line, the A320 and A320neo programmes, to unprecedented success during his tenure: improving aircraft performance, doubling EBIT, cutting …

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Safran Landing Systems Canada to develop new landing gear for next-generation military aircraft

Safran Landing Systems Canada has been awarded a contract by Lockheed Martin to provide the design, development and qualification of a landing gear structure for future aircraft. This new structure will include a clean-sheet design of the nose and main landing gear. “We are honoured to work with Lockheed Martin on a high-technology value proposition …

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Ethiopian Airlines launches new Washington D.C. to Lomé,Togo route

Ethiopian Airlines (Ethiopian) has begun nonstop flights from Dulles International Airport (IAD) to Lomé, Togo (LFW). With the inaugural flight lifting off on June 1, 2022, the route is now operating three-times a week providing more flight options and convenient connections to the rest of Africa. The new service between IAD and LFW will help …

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Collins Aerospace launches FlightHub Electronic Flight Folder with access to new fuel savings application

Collins Aerospace is advancing digital aviation solutions that will make flights more efficient and sustainable with FlightHub, its new Electronic Flight Folder accessible from an aircraft’s Electronic Flight Bag (EFB). FlightHub centralises data sources and workflows for pilots and airlines, coordinating the lifecycle of an entire flight from start to finish.   Collating information into a …

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Re-organised Nordic Aviation Capital poised for growth

Nordic Aviation Capital Designated Activity Company (NAC or the Company) has successfully exited from the Chapter 11 restructuring process, having received confirmation of its Plan of Reorganization from the Bankruptcy Court on April 19, 2022. The Company emerges well-positioned for the future having eliminated nearly US$4.1 billion of debt, while significantly enhancing its liquidity, with …

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Aergo Capital announces successful financing of five Dash 8-Q400 aircraft with volofin

Aergo Capital (Aergo) has secured a US$17.5 million loan facility from volofin to assist in the finance and acquisition of five De Havilland Dash 8-400 aircraft on lease to Porter Airlines.   Fred Browne, Chief Executive Officer of Aergo, commented: “We are delighted to have successfully completed the financing of the five-turboprop aircraft on lease to …

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