November 14, 2022

UAM takes big leap forward with Europe’s first vertiport testbed inaugurated near Paris

Europe’s first urban air mobility (UAM) vertiport testbed terminal, located at Pontoise-Cormeilles airfield just outside of the French capital, Paris, has been officially inaugurated. This new facility will permit the testing of critical technology as well as passenger processes. The testbed at Pontoise-Cormeilles, has been designed by Skyports in collaboration with Groupe ADP and is […]

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Embraer posts third-quarter 2022 financial update

Financial

Embraer has delivered ten commercial jets and 23 executive jets (15 light / eight mid/super-midsize jets) in the third quarter of 2022 (3Q22), bringing year-to-date deliveries to 27 commercial jets and 52 executive jets (33 light /19 mid/super-midsize jets). Although deliveries have been backended to the fourth quarter of 2022 due to supply chain challenges,

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Air Astana to lease three new Boeing 787-9 aircraft from ALC

Aircraft & Engines

Air Lease Corporation (ALC) has placed three new Boeing 787-9 aircraft on long-term lease with Air Astana, the national carrier of Kazakhstan. The aircraft are scheduled to deliver to Air Astana beginning in early 2025 through spring 2026 from ALC’s order book with Boeing. “The Boeing 787-9 is an important aircraft to Air Astana’s fleet modernisation

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Embraer announces Defense & Security leadership transition

People

Embraer has reported the beginning of the transition process of the company’s Defense and Security leadership, stating that the president and CEO of Embraer Defense & Security, Jackson Schneider, has decided he will leave the company in April 2023, when his term with the company ends. For the position, the company has appointed the current

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Gulf Air signs exclusive MOU with MTU Maintenance for its V2500 engines

MRO & Production

Gulf Air signs exclusive MOU with MTU Maintenance for its V2500 engines Gulf Air, the national carrier of the Kingdom of Bahrain and MTU Maintenance, a leader in customized solutions for aero engines, have signed an exclusive contract for the maintenance, repair and overhaul (MRO) of V2500-A5 engines. The four-year agreement covers comprehensive MRO services,

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Wiremind Cargo appoints Guillermo Medina Moralejo as new VP Business Development

People

Guillermo Medina Moralejo will join Wiremind Cargo on December 1, 2022, as its Vice President Business Development, responsible for sales, commercial strategy and marketing functions. Medina Moralejo was educated in the United Kingdom, and has spent the past six years in Asia, predominantly in Hong Kong where he will remain based in his new function

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Genstar Capital joins GTCR as investor in JSSI

Financial

Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, software and industrial industries, has made a significant investment in Jet Support Services, Inc. (JSSI), an independent provider of aircraft maintenance support and financial tools for the business aviation industry. Genstar is partnering with existing investors GTCR, the

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AB Aviation and Heston Aviation to develop new routes from France to Comoros

Airlines & Routes

AB Aviation (Moroni, Comoros) and Heston Airlines (Vilnius, Lithuania) have announced a cooperation to develop new routes from Paris, France, to Moroni, Comoros, the independent state comprising three of the Comoro Islands in the Indian Ocean off the coast of East Africa, to create connectivity options for domestic travellers and international tourists. The cooperation between AB Aviation and Heston

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