22 June 2022

UK announces amnesty on ‘use them or lose them’ airport slots rule

The British government has announced it is relaxing rules governing the use of airport slots in the UK as a means of counteracting the current spate of carriers’ flight cancellations. Previously, airlines had been notified that if they did not use a minimum of 70% of all their slots, then they would lose those they […]

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Elix Aviation merges with ADARE Aviation Capital to create Abelo

Elix Aviation, the international regional aircraft leasing company, is to merge with ADARE Aviation Capital. Elix is owned by funds managed by Oaktree Capital Management (Oaktree), which initiated the merger to enable further investment in the regional Turbo-prop sector and to introduce an experienced new leadership team. The merged companies will operate as Abelo, integrating

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Turkish Technic completes first Boeing 777-300ER landing gear overhaul

A leading provider of technical services and solutions for commercial aircraft and its components, Turkish Technic has completed its first Boeing 777-300ER landing gear overhaul. Increasing its competitiveness in the sector with its newly gained aircraft type and component capabilities while increasing its service portfolio in the last few years, Turkish Technic has added a

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AEI to provide six additional B737-800SF freighter conversions to Aero Capital Solutions

Aeronautical Engineers, Inc. (AEI) will provide Austin-based, Aero Capital Solutions (ACS), with six additional B737-800SF freighter conversions. Upon completion of this new order, ACS will have a total of 40 AEI B737-800SF freighter conversions in its fleet. In October of 2020, ACS placed its first order for the B737-800SF freighter conversion and has since become

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Collins Aerospace and FlightAware launch WebUAS integration to support advanced air mobility

Collins Aerospace is leveraging the synergies of its recent acquisition of FlightAware by announcing at the World ATM Congress the availability of new aircraft tracking and alerting features for its Uncrewed Aircraft System (UAS) digital platform, WebUASSM. By integrating FlightAware FirehoseSM, the most comprehensive global flight tracking and ADS-B flight status data feed, WebUAS is

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Eve and Fahari Aviation sign agreement to scale Urban Air Mobility with an order of up to 40 eVTOLs

A subsidiary of Eve Holding (Eve) and Kenya Airways’ subsidiary, Fahari Aviation, signed a Letter of Intent (LoI) in March, for up to 40 electric vertical take-off and landing (eVTOL) vehicles. The agreement includes joint studies through a working group to develop and scale the UAM market and a business model for cargo drone operations

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Chorus Aviation announces expansion of assets under management

Chorus Aviation (Chorus) has announced that its wholly owned subsidiary, Falko Regional Aircraft (Falko), has expanded its portfolio of assets under management. Falko has added a total of 35 turboprop aircraft to its portfolio in a servicing capacity on behalf of a syndicate of banks. Joe Randell, President and Chief Executive Officer, Chorus stated: “I’m

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