July 17, 2023

United Airlines pilots agree to pay deal that will see raises of up to 40% in salaries

Pilots of America’s United Airlines are in line for a pay raise of up to 40% after the culmination of pay negotiations that have extended over the last four years. The Air Line Pilots association confirmed details of the agreement on Saturday, July 15. The agreement will now have to be ratified by the approximately […]

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Lilium announces US$192 million financing

Financial

Lilium, developer of the first all-electric vertical take-off and landing jet, has announced a US$192 million financing, including the pricing of an upsized US$75 million underwritten public offering of 57,692,308 of the company’s Class A ordinary shares (the shares), as well as a concurrent US$42 million private placement of 32,146,147 shares and warrants to purchase

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China Eastern Airlines second C919 aircraft has completed the ferry flight in the morning of July 16

China Eastern Airlines takes delivery of second C919 aircraft

Aircraft & Engines

In the afternoon of July 14, 2023, a second C919 aircraft was officially delivered to China Eastern Airlines. A “three certificate” issuance and delivery ceremony was held for the China Eastern Airlines‘ C919 aircraft in the flight test complex building of the Zhuqiao base of the Commercial Aircraft Corporation of China (COMAC) Relevant personnel and

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Air France-KLM and Apollo Global Management sign agreement for €500 million quasi-equity financing

Financial

Air France-KLM and Apollo Global Management have signed a definitive agreement for Apollo-managed funds and entities (Apollo) to raise a €500 million (£431 million) financing into an operating affiliate of Air France that will own a pool of components dedicated to Air France’s Engineering and Maintenance activities. Under this agreement and subject to customary closing

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MTU Zhuhai celebrated the completion of its 4000th shop visit © MTU

MTU Maintenance Zhuhai marks 4000th shop visit

MRO & Production

MTU Maintenance, a global market leader in customised MRO solutions for aero engines, has completed its 4000th shop visit at its Zhuhai location. This sets yet another milestone for 2023, after the official opening of a brand-new test cell last month. MTU Maintenance redelivered a LEAP-1A engine, a product of CFM International, a 50/50 joint company

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Avia Solutions Group is expanding in UK by acquiring Synergy Aviation

Avia Solutions Group acquires UK airline

Financial

Avia Solutions Group has acquired UK-based airline operator Synergy Aviation, later to be rebranded to Ascend Airways. The newly purchased business, which has an Air Operator Certificate (AOC) and Type B Operating License from the UK CAA, will enable the Group to strengthen its position in the UK aviation market. Jonas Janukenas, CEO of Avia

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United Airlines pilots agree to pay deal that will see raises of up to 40% in salaries

Lilium announces US$192 million financing

China Eastern Airlines takes delivery of second C919 aircraft

Air France-KLM and Apollo Global Management sign agreement for €500 million quasi-equity financing

MTU Maintenance Zhuhai marks 4000th shop visit

Avia Solutions Group acquires UK airline

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17 July 2023

United Airlines pilots agree to pay deal that will see raises of up to 40% in salaries

Lilium announces US$192 million financing

China Eastern Airlines takes delivery of second C919 aircraft

Air France-KLM and Apollo Global Management sign agreement for €500 million quasi-equity financing

MTU Maintenance Zhuhai marks 4000th shop visit

Avia Solutions Group acquires UK airline

Stay Connected

Subscribe