Regional aircraft lessor Abelo has acquired four ATR 72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India’s low-cost carrier, IndiGo. Stephen Gorman, CEO of Abelo, stated “We are thrilled to welcome IndiGo as a new […]
Abelo welcomes IndiGo as a new partner Read More »
AAR CORP. has reported third-quarter fiscal year 2024 consolidated sales of US$567.3 million and income from continuing operations of US$14.0 million. For the third quarter of the prior year, the company reported sales of US$521.1 million and income from continuing operations of US$21.8 million. Adjusted diluted earnings per share from continuing operations in the third
AAR posts third quarter sales of US$567 million, up 9% Read More »
United Airlines (United) has released that it is installing new, larger overhead bins on its SkyWest operated Embraer E175 fleet that will provide more room for passengers’ roll aboard carry-on bags. These new bins will be available on 50 aircraft with a 76-seat configuration by the end of this year. United may expand the E175
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C&L Aerospace, a C&L Aviation Group company, has opened a 20,000-ft² parts warehouse in Leipzig, Germany. This location was carefully researched and chosen in order to provide the most convenient shipping hub for Europe and beyond. The company warehouse will store aircraft parts inventories for the ATR 42/72, ERJ 145, E170/190, Saab 340, and more.
C&L Aerospace opens new warehouse in Leipzig, Germany Read More »
Pentagon 2000 Software, Inc. has successfully completed the SOC1 Audit and Certification process. This audit, conducted by third-party auditor Ernst & Young according to AICPA standards, is crucial for ensuring trust in financial reporting. The audit’s success underscores the effectiveness of the company’s controls and its ability to safeguard client data. By obtaining the SOC1
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David McBride has been appointed Chief Technology Officer (CTO) for Supernal LLC – Hyundai Motor Group’s Advanced Air Mobility (AAM) company. McBride will lead Supernal’s technology strategy and vehicle development, reporting to CEO, Jaiwon Shin. “Following the debut of our product concept earlier this year, Superal has entered a new phase of our advanced air
David McBride becomes Chief Technology Officer for Supernal Read More »
