In mid-January, RUAG Aerostructures Switzerland and Pilatus Aircraft reached an agreement on the sale of the machine park and the transfer of all employees. The sale to Pilatus is part of the strategic goals for RUAG International set by the Federal Council. RUAG Aerostructures Switzerland is one of the world’s leading manufacturers and suppliers of […]
Pilatus takes over RUAG Aerostructures’ business in Emmen Read More »
Avia Solutions Group, an ACMI provider with 199 aircraft, has signed a share purchase agreement to acquire Australian airline, Skytrans. The acquisition is expected to be completed in March 2024, subject to specific transaction conditions. Skytrans is an Australian-owned airline operating Regular Public Transport (RPT) and charter services with a fleet of 13 regional aircraft.
Avia Solutions Group to acquire Australian airline Skytrans Read More »
Vertical Aerospace (Vertical), a global aerospace and technology pioneer in zero-emissions aviation, has announced a substantial US$50 million investment from its founder, majority owner and CEO, Stephen Fitzpatrick. This funding infusion not only paves the way for upcoming financing rounds but also extends Vertical’s projected financial runway into Q2 2025. This capital injection will support
Vertical Aerospace founder injects US$50 million into company Read More »
Saab has received an award from Boeing to produce T-7A aft fuselage systems. The order value for Saab is US$101.7 million (approximately SEK 1 billion) and the order was booked in the fourth quarter 2023. The T-7A aft fuselage systems will be produced at Saab’s advanced manufacturing facility in West Lafayette, Indiana, U.S.A. “What we
Saab receives order to produce T-7A fuselage systems Read More »
Southwest Airlines (Southwest) has announced the resounding approval of a new collective bargaining agreement by its pilots, represented by the Southwest Airlines Pilots Association (SWAPA). Adam Carlisle, Vice President Labour Relations at Southwest Airlines, stated, “Our Pilots are world-class aviators who uphold Southwest’s commitments to safety, hospitality and connecting people to what’s important in their
Southwest Airlines pilots approve new collective bargaining agreement Read More »
Newbow Aerospace, a prominent UK manufacturer specialising in aviation ground support equipment, has reached new heights in its extraordinary year of expansion by securing approved supplier status from Boeing. As demand surged for tailor-made ground support equipment, catering to over 300 airline, airport and MRO clients worldwide, setting a company record for the Redditch-based enterprise,
Boeing grants approved supplier status to Newbow Aerospace Read More »
Willis Lease Finance Corporation (WLFC) has issued to TAR Aerolíneas a notice of Continuing Event of Default, demand for Payment and demand to Return for TAR Aerolíneas’ failure to pay amounts due and its refusal to return a leased AE3007 engine, currently installed on Embraer RJ145LR (Registration No. XA-AFH) and being utilised for Mexicana flights.
Willis Lease Finance issues notice of Continuing Event of Default to TAR Aerolíneas Read More »
Building on a longstanding commercial partnership spanning over two decades, EFIS MAROC has officially merged into ECS Group, reinforcing the group’s presence in Africa. The acquisition agreement, signed on December 13, 2023, marks the beginning of a seamless transition and the implementation of digital enhancements for the benefit of EFIS MAROC and its clientele. Founded
ECS Group strengthens African presence with acquisition of EFIS MAROC Read More »
