4 July 2022

Boeing woes as Airbus secures 300-plane Chinese state airlines’ order

Airbus, the European planemaker, has confirmed that it has secured orders for 300 of its jets from the top-three Chinese state airlines, Air China, China Southern Airlines and China Eastern Airlines. Boeing was quick to point to Airbus’ success as a consequence of “constructive dialogue” between Beijing and European governments, while pushing for Chinese and …

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Vallair and UUDS Group announce Airbus A330-300 E-Class cargo conversion

Vallair, the mature asset specialist, has unveiled the first ever E-Class wide-body freighter conversion capability at its brand new state-of-the-art mega hangar in Châteauroux, France. Designed to bridge the gap while operators currently wait five years or more for full-freighter-conversion slots, this innovative solution is the result of a joint investment between France-based companies Vallair …

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PZL-Świdnik awarded contract for 32 AW149 multirole helicopters for the Polish Armed Forces

PZL-Świdnik, the Polish company fully owned by Leonardo, has been awarded a contract by the Polish Ministry of Defence (MoD) worth PLN 8.25 billion (approximately £1.51 billion) ) for the supply of 32 AW149 multirole helicopters. The contract was announced during an official ceremony held at PZL-Świdnik’s facility on July 1, in the presence of …

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Turkish Technic and Oman Air sign component pool and advance exchange services agreement

Turkish Technic and the national airline of Oman, Oman Air, have signed a comprehensive ten-year component pool and advance exchange contract for the airline’s fleet of Boeing B737 Next Generation and Boeing 737 MAX family. In accordance with the contract, Istanbul-based maintenance, repair and overhaul provider, Turkish Technic, will provide component pool, component maintenance and …

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Daher completes acquisition of Stuart, Florida aerostructures production facility

Daher has marked a major expansion of its U.S. industrial presence by acquiring the metallic and composite aerostructures assembly facility in Stuart, Florida, reinforcing the company’s position as a Tier 1 supplier for aircraft manufacturers in North America and beyond. The completion of this acquisition from TRIUMPH is bringing Stuart’s approximately 400 employees into Daher’s …

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Large enterprises, forced to innovate by supply chain disruption, see costs and complexity ramp up

Two-thirds (66%) of large enterprises globally say they are keeping more stock on hand now compared to the pre-pandemic period, with nearly one in five in total (18%) retaining “significantly more” stock. This growing focus on taking innovative measures to address supply chain disruption is highlighted in new research commissioned by IFS, polling over 1,450 …

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Sören Stark takes over as Chairman of the Executive Board of Lufthansa Technik

Harald Gloy completes the three-member Executive Board at Lufthansa Technik as new COO and Labor Director, Sören Stark has taken over as Chairman of the Executive Board of Lufthansa Technik from Dr Johannes Bussmann who leaves the Lufthansa Group at his own request after 23 years. At the same time, Gloy has succeeded Stark as …

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Stratos opens office in Japan

Stratos, a leading aircraft investment specialist and asset manager with a substantial portfolio of leased aircraft, has expanded its presence in Japan with a dedicated office in Toranomon, Tokyo staffed by two industry veterans. Masayuki Kamada has been appointed as Head of Japan and joins from FPG where he spent the past seven years as …

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