30 March 2023

Macquarie Rotorcraft to acquire 12-helicopter portfolio from Milestone

AerCap offshoot Milestone Aviation Group (Milestone) has agreed to sell a 12-helicopter portfolio to Macquarie Rotorcraft. The portfolio will comprise a combination of Sikorsky S-92, Airbus H135, Bell 412 and Leonardo AW109, AW139 and AW189 helicopters which are presently on lease to six customers in nine countries across Europe, the Middle East, Africa and South-East […]

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Magellan Aviation Group names Anthony Spaulding new CEO and President

Magellan Aviation Group has announced that Anthony Spaulding has been named as new CEO and President effective April 1, 2023. Spaulding is replacing Chairman Michimoto Asano, who has been interim CEO and President since January 2022. Asano will now resume his responsibilities as Chairman for Magellan Aviation Group. Spaulding originally joined Magellan Aviation Group in

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Electric regional airplane ES-30

BAE Systems to define battery system for Heart Aerospace’s ES-30 plane

BAE Systems, a leading aerospace and defence company and Heart Aerospace, a Swedish electric airplane maker, have announced a collaboration to define the battery system for Heart’s ES-30 regional electric airplane.   The battery will be the first of its kind to be integrated into an electric conventional take-off and landing (eCTOL) regional aircraft, allowing it

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ORIX Aviation acquires 100% aircraft portfolio from Merx Aviation

ORIX Aviation has confirmed the 100% acquisition of an aircraft portfolio, consisting of 14 narrow-body aircraft with ten lessees across multiple continents, from Merx Aviation. The aircraft were previously held in a joint venture between ORIX Aviation and Merx Aviation, which commenced in 2017 with 35 aircraft valued at US$1billion. After trading activity, the portfolio

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Iberia Maintenance consolidates position as centre of excellence for V2500 engines in 2022

In 2022, Iberia Maintenance consolidated its position as one of the centres of excellence for V2500 engines, due to the establishment of various new partnerships with, amongst others, Qatar Airways and HK Express. The V2500 represents more than 50% of the inducted engines by the company. The CFM56 is the second product with a share

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