1 September 2023

IFS acquires Falconry-AI IFS

IFS acquires Falkonry AI to improve EAM services

Linköping, Sweden-based Industrial Financial Systems (IFS) the global cloud enterprise software company, has announced the signing of a definitive agreement to acquire Falkonry Inc., a California-based Industrial AI software company which provides automated, high-speed data analysis to both the manufacturing and defence industries. The AI-based, self-learning solution continuously monitors substantial volumes of data for assets, […]

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Airbus and Korea Aerospace Industries to launch Light Armed Helicopter serial production

Airbus and KAI to launch Light Armed Helicopter serial production

Airbus Helicopters and Korea Aerospace Industries (KAI) have signed an agreement to initiate the serial production phase of the Light Armed Helicopters (LAH). This follows the contract awarded by the country’s Defence Acquisition Programme Administration to KAI in December 2022 to supply an initial batch of ten LAH to the Republic of Korea Army. Deliveries

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Islander 10 Aircraft Air Nostrum Group

Air Nostrum Group doubles Airlander 10 reservation agreement

Hybrid Air Vehicles (HAV) and Air Nostrum Group (Hibernian Airlines, Ireland and Mel Air, Malta), have agreed to double the number of Airlander 10 under reservation, to a total of 20 aircraft. Under the initial agreement, announced in June 2022, Air Nostrum Group had reserved ten Airlander 10 aircraft, with a 100-passenger configuration. Under the new

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ATR 72-600 full-flight simulator

ATR 72-600 full-flight simulator awarded JCAB certification

ATR’s 72-600 full-flight simulator has been awarded the JCAB certification in Singapore. This new certification by the Japanese Civil Aviation Authority enables ATR to better serve their Japanese customers, offering them additional capability to train their pilots as the country steadily grows its ATR fleet. The JCAB certification allows the company to offer additional training

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Frontier Airlines and Volaris have renewed their code-share agreement

ALM finalises SLB agreement for three A321neo with Frontier

Aircraft Leasing & Management (ALM), has announced the conclusion of sale and leaseback agreements for three Airbus A321neo aircraft with Frontier Airlines. The first aircraft bearing registration N626FR has been delivered by Fuyo to Frontier at the Airbus facility in Mobile, AL. ALM will act as servicer for the duration of the lease. The remaining

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