12 August 2022

Big boost for Archer as United makes US$10 million pre-delivery payment for 100 eVTOL aircraft

Archer Aviation (Archer) has announced that further to United Airline’s agreement to buy up to 200 of its electric vertical take-off and landing (eVTOL) aircraft, the airline has made an advance payment of US$10 million (£8.25 million) as a pre-delivery deposit on 100 of the planes. Archer recently completed its production aircraft’s Preliminary Design Review …

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Astronics Corporation reports second-quarter 2022 financial results

Astronics Corporation, a leading supplier of advanced technologies and products to the global aerospace, defence and other mission-critical industries, has reported financial results for the three- and six-month periods ended July 2, 2022. Consolidated sales were up US$18.0 million from the second quarter of 2021. Aerospace sales were up US$20.1 million, or 22.5%, while Test …

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Jackson Square Aviation delivers Boeing 737 MAX 8 aircraft to WestJet

Jackson Square Aviation (JSA) has announced a purchase-and-leaseback financing to WestJet of a Boeing 737 MAX 8 aircraft. “We are delighted to welcome WestJet as our newest customer and look forward to building a long-term partnership with the airline,” said Chris Dailey, JSA President and Chief Commercial Officer, adding, “As one of Canada’s most prominent …

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StandardAero’s Brazil Regional Turbine Center receives Argentina and Chile authorisations to perform OEM-approved aircraft engine maintenance and repairs

StandardAero’s Regional Turbine Center (RTC), located in Belo Horizonte, Brazil, has received new authorisations from both Argentinean and Chilean aviation authorities to perform OEM-approved aircraft engine maintenance, repair and overhaul services for operators of aircraft registered in those two countries. As a result of these new authorisations, Argentinean and Chilean-registered aircraft can now be supported …

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Atlas Air extends partnership with Qantas Freight

Atlas Air has announced an agreement to extend its long-standing partnership with Qantas Freight, a leading air freight carrier in Australia. The successful partnership between Atlas Air and Qantas Freight began in 2004. Under the extended agreement with Qantas Freight, Atlas Air will provide long-haul, wide-body main deck capacity with two Boeing 747-400Fs operating its …

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