14 February 2024

“Our 2023 results underscore the value and relevance of our products and services and our ability to adapt to changing market dynamics." Nathalie Tarnaud Laude, CEO ATR ©

ATR reports robust 2023 growth in deliveries, sales and customer expansion

Aircraft & Engines

ATR, the regional aircraft manufacturer, has reported its 2023 annual results, highlighting a robust growth through increased deliveries and sales, strong performance of support and services, acquisition of new customers and route creation. ATR delivered 36 aircraft in 2023, a 44% increase from 2022. This reflects a positive momentum, while the year was still beset by lingering supply chain disruptions, with […]

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Indigo Airbus A320neo © AirTeamImages

BOC Aviation finalises finance leases with IndiGo for four Airbus A320neos

Aircraft & Engines

BOC Aviation has successfully concluded a finance lease arrangement involving four Airbus A320neo aircraft with InterGlobe Aviation (IndiGo). All four aircraft are equipped with CFM LEAP-1A engines and their delivery is scheduled for 2024. Expressing satisfaction with the transaction, Steven Townend, Chief Executive Officer and Managing Director of BOC Aviation, stated, “We are pleased to

BOC Aviation finalises finance leases with IndiGo for four Airbus A320neos Read More »

Electra Airways has chosen Cobalt Spectrum LED drop-in mood lighting for its A321 fleet © Electra Airways

Electra Airways opts for Cobalt Spectrum LED drop-in mood lighting for A321 fleet

MRO & Production

IFPL Group has released that Electra Airways has chosen Cobalt Spectrum LED drop-in mood lighting for its A321 fleet. Electra Airways is a Bulgarian airline which provides services to leading tour operators, airlines, and brokers within the aerospace industry, and since 2023, the airline has become part of the Vector Group.  We are thrilled to

Electra Airways opts for Cobalt Spectrum LED drop-in mood lighting for A321 fleet Read More »

Korean Air

Korean Air secures EU approval for Asiana Airlines take-over

Other News

Korean Air has achieved a significant milestone in its prolonged pursuit of acquiring Asiana Airlines, with the European Union’s (EU) antitrust agency granting approval. The national flag carrier now awaits the U.S. Department of Justice’s decision, the last hurdle before the completion of the acquisition, as revealed by Korean Air on February 13. Overcoming a

Korean Air secures EU approval for Asiana Airlines take-over Read More »

JetBlue

JetBlue shares soar as Carl Icahn makes strategic 10% investment

Financial

In a significant development, activist investor Carl Icahn has acquired an almost 10% stake in JetBlue, propelling the airline’s shares up by more than 18% in Tuesday afternoon trading. Icahn, who made the purchases in January and February, expressed his belief in a regulatory filing that JetBlue’s stock is undervalued and presents an appealing investment

JetBlue shares soar as Carl Icahn makes strategic 10% investment Read More »

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