14 September 2022

Lufthansa Group

Lufthansa and OMV sign significant MoU for supply of 800,000 litres of SAF

The Lufthansa Group (Lufthansa) has signed a Memorandum of Understanding (MoU) with Österreichische Mineralölverwaltung Aktiengesellschaft (OMV), the global chemicals and energy group, for the supply of in excess of 800,000 litres of sustainable aviation fuel (SAF) over a seven-year period between 2023 and 2030. The already existing partnership between the two companies will now be …

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Safran continues to support U.S. Army UH-72 Lakota engines

Safran Helicopter Engines has signed an agreement with Airbus Helicopters to continue supporting Arriel engines powering the U.S. Army UH-72 Lakota helicopter fleet. This contract formalizes a Maintenance, Repair and Overhaul (MRO) and service agreement supporting  over 900 Arriel 1E2 and Arriel 2E engines, operated by the U.S. Army on its UH-72As and UH-72Bs. This …

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Parker-Hannifin Corporation completes acquisition of Meggitt for £6.3 billion

Parker-Hannifin Corporation, a global leader in motion and control technologies, has completed its acquisition of Meggitt PLC for approximately £6.3 billion. Meggitt, headquartered in Coventry, UK, had annual revenue of approximately £1.63 billion for the 12-months ending June 30, 2022 and employs more than 9,000 team members serving customers around the world. Meggitt has diverse aerospace and defence …

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Vallair acquires A321 aircraft for part-out in Montpellier, France

Vallair, the mature asset specialist, has purchased an Airbus A321 (MSN 1008) for imminent part-out. The 1999 vintage aircraft was previously operated by AtlasGlobal and managed by TrueAero. The airframe will be fully disassembled at Vallair’s facility in Montpellier, under the supervision of Armando Filho, Director of Material Management. “Part of the Group’s strategy is …

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AJW Group names Tathiana Victoria Rice as Senior Sales Director for North America

AJW Group, an independent aircraft component parts, repair, and supply chain solutions provider, has appointed Tathiana Victoria Rice as Senior Sales Director for North America. Rice’s responsibilities will encompass sales team leadership, accelerating AJW’s revenue through expanding AJW’s presence in the region and contributing to the company’s marketing and business strategies. Rice brings over 15 …

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North American aviation market recovering strongly IBA insights show

The North American aviation market is recovering strongly following the COVID-19 pandemic according to insights revealed by IBA, a leading aviation market intelligence and consultancy company. In a webinar entitled “What does the future hold for aviation in the Americas?”, a panel of IBA experts detailed a range of key metrics that demonstrate the improving …

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Rex flight attendants and engineers sign new Enterprise Agreements

Rex, Australia’s independent regional and domestic airline, has signed new industrial agreements with two key sections of the airline’s workforce. The new Enterprise Agreements (EAs) were overwhelmingly endorsed by both the airline’s domestic flight attendants and Regional Express aircraft engineers. In separate ballots held over the last two weeks, 75% of flight attendants and 92% …

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