October 13, 2022

LATAM Airlines set to extract itself from Chapter 11 Bankruptcy in November

Subsequent to obtaining a settlement with debtors in May and shareholder approval after the New York Southern District Court approved LATAM Airlines plans in June to exit Chapter 11 bankruptcy proceedings, the South American Group has confirmed it now has all financing in place to be able to exit these proceedings in the first week […]

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Tailwind Air launches first-ever Manhattan to Washington D.C. seaplane service

Airlines & Routes

Tailwind Air will launch the first-ever Manhattan to Washington D.C. seaplane service on October 14. Service to Washington Dulles International Airport (IAD)’s utilises Jet Aviation FBO’s private aircraft terminal and Manhattan’s Skyport Mariana at E. 23rd Street. “We are confident that our Washington area IAD service will resonate well with our customers and are looking

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oneworld global headquarters to relocate to Fort Worth, Texas

Other News

The oneworld® Alliance will relocate its global headquarters to Fort Worth, Texas, joining oneworld founding member American Airlines and strengthening the Dallas-Fort Worth region as a centre of aviation excellence. Currently located in New York City, the oneworld global headquarters will move to Fort Worth effective December 2022, joining American on its 300-acre, state-of-the art Robert L. Crandall

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Michael Williamson appointed Senior Vice President of Global Business Development & Strategy for Lockheed Martin

People

Lockheed Martin has released that Michael Williamson will be the new Senior Vice President of Global Business Development & Strategy. The appointment is effective November 1. Williamson is currently Vice President and General Manager for Lockheed Martin Missiles and Fire Control (MFC), where he leads operational excellence, a diverse portfolio of products and business enabling initiatives. He

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Cargolux selects Boeing 777-8 Freighter to replace its 747-400 Freighter fleet

Aircraft & Engines

At Cargolux’s headquarters in Luxembourg, Boeing and Cargolux have finalised an order for ten 777-8 Freighters with options for six additional airplanes. The selection of Boeing’s newest freighter was previously announced at this year’s Farnborough International Airshow as Cargolux’ preferred choice to replace its 747-400 Freighter fleet. Cargolux’ choice of the 777-8 Freighter underlines its

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Air Lease Corporation gives activity update for the third quarter

Aircraft & Engines

Air Lease Corporation (ALC) has updated aircraft investments and sales activity occurring in the third quarter of 2022. As of September 30, 2022, ALC’s fleet was comprised of 405 owned aircraft and 87 managed aircraft, with 412 new aircraft on order from Boeing and Airbus set to deliver through 2028. The company delivered 14 new

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SIA deploys SITA OptiClimb® to reduce up to 15,000 tonnes of aircraft carbon emissions per year

Information Technology

SITA OptiClimb®, a digital inflight prescriptive analytics tool for fuel optimisation, has been selected by Singapore Airlines (SIA) to support the carrier’s goal of achieving net-zero carbon emissions by 2050. By deploying SITA OptiClimb®, the airline is able to optimise fuel utilisation during the aircraft’s climb-out phase. The unique solution combines aircraft tail-specific machine-learning models

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GE readies second T901 engine for testing

Military & Defense

GE Aerospace is accumulating hardware for the second T901-GE-900 development engine that will begin testing next year. The T901, GE’s next-generation rotorcraft engine, will power the U.S. Army’s UH-60 Black Hawk, AH-64 Apache, and Future Attack Reconnaissance Aircraft (FARA). Engine testing is part of the Engineering and Manufacturing Development (EMD) phase of the Army’s Improved

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