Aquila Air Capital (Aquila), a leading lessor focused on end-of-life solutions, has announced the successful closing of a US$100 million financing (£83 million). The financing is aimed at increasing Aquila’s ability to deliver bespoke lease solutions for passenger and cargo operators across the globe. “We are thrilled to announce the successful closing of this new […]
Aquila Air Capital closes US$100 million financing Read More »
In recent months throughout the aviation industry, there have been many issues and challenges. Aircraft engines in particular have felt the impacts of shop visit escalations, costs of ownership, inflationary pressures, and a higher cost of borrowing. Operators who have newer generation engines such as the LEAP-1A and PW1100G are feeling these impacts to a
IBA analysis: despite multiple challenges, robust orders sustain aero engine market Read More »
Cyprus Airways has become the latest carrier to deploy airline technology provider AirFi’s wireless in-flight entertainment across its fleet of Airbus jets. The newly resurrected flag carrier of Cyprus is gearing up for both fleet and route expansions, with new aircraft on the horizon and a commitment to be a catalyst for tourism growth on
Cyprus Airways to deploy AirFi’s wireless in-flight entertainment Read More »
Textron Aviation has been awarded a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for the Cessna SkyCourier, Cessna Grand Caravan EX, Beechcraft King Air 360 and Beechcraft King Air 260 turboprop aircraft in support of Foreign Military Sales (FMS). The indefinite delivery, indefinite quantity (IDIQ) contract allows up to US$100 million (£83
U.S. Army awards Textron Aviation contract for three Beechcraft King Air turboprops Read More »
Eva Air has placed a significant order with Airbus. The Taiwanese carrier has chosen to acquire 18 A350-1000 jets, marking a successful expansion of Airbus’ largest wide-body model. In addition to the A350-1000s, Eva Air will also add 15 A321neo single-aisle aircraft to its growing fleet. The total value of this deal is estimated at
Eva Air places major order with Airbus Read More »
Emirates Flight Training Academy (EFTA), which was started with a focus on the national cadet pilot programme for Emirates, now offers its world-class training to cadets from all over the globe. Besides the exceptional success of its graduates – who’ve all been snapped up by Emirates after a stringent recruitment process – the academy is
EFTA spreads its wings to expand pilot pipeline Read More »
During the first nine months of the 2023 fiscal year, the Fraport Group delivered a strong performance with key operating figures exceeding 2019 levels. The Group result (net profit) reached €357.0 million in the first nine months, buoyed by traffic growth across the Group’s airports. This positive performance was driven, in particular, by a strong
Fraport Group reports net profit of €357.0 million for first nine months Read More »
