July 3, 2024

Lufthansa will purchase an initial 41% stake in ITA for €325 million © ITA Airways

Lufthansa gets green light from EU Commission to take stake in ITA

The EU Commission has approved Lufthansa‘s investment in the state-owned Italian airline ITA Airways (ITA). Although the airline is currently performing well, its long-term existence as an independent entity is “highly uncertain” without this transaction. The EU Commission also stated that approval is contingent upon the airlines fulfilling conditions to safeguard competition. After years of […]

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Archer Midnight during recent test flight © Stellantis

Stellantis invests additional US$55 million in Archer Aviation

Financial, Top Stories

Archer Aviation (Archer) has received an additional US$55 million investment from Stellantis, following the achievement of Archer’s transition flight test milestone last month. This latest investment builds on Stellantis’ series of open market purchases of 8.3 million shares of Archer’s stock in March this year. During 2023, Stellantis invested US$110 million in Archer through a

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Air Canada will take delivery of eight 737-8s this year from BOC Aviation © AirTeamImages

Air Canada leases eight new Boeing 737-8s from BOC Aviation

Aircraft & Engines

BOC Aviation and Air Canada have signed an agreement for the placement of eight Boeing 737-8 aircraft from BOC Aviation’s orderbook. All eight aircraft, powered by CFM LEAP-1B engines, are scheduled for delivery in 2024. “We are delighted that Canada’s flag carrier, Air Canada, is collaborating with us once again to strengthen its network,” said

Air Canada leases eight new Boeing 737-8s from BOC Aviation Read More »

ATR appoints Christopher Jones Head of Region Americas

People

ATR has released that Christopher Jones has been appointed as Head of Region Americas, effective July 1, 2024, and Managing Director and President of ATR Americas, Inc., effective August 1, 2024. In this role, Jones will report to Alexis Vidal, Senior Vice President Commercial and will be based at ATR’s facilities in Miami, Florida. Jones

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My Freighter Cargo Airlines has signed lease agreements for two BCFs with Airborne Global Leasing

ATSG expands global reach with new leasing agreements

Aircraft & Engines

Air Transport Services Group (ATSG), has released that its subsidiary, Airborne Global Leasing, has signed lease agreements for two additional Boeing 767-300 converted freighter aircraft with My Freighter Cargo Airlines of Tashkent, Uzbekistan. These additions will expand the airline’s ATSG-leased fleet to five 767-300 freighters. “ATSG continues to expand its international leasing network,” said Mike

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Satair and Transavia France sign IMS supply chain contract

MRO & Production

Satair, an Airbus Services company, has announced the successful entry into service of a significant long-term contract with Transavia France for the provision of its integrated material services (IMS) supply chain solution. This contract will cover all expendable materials required for line and base maintenance. Under this agreement, signed earlier this year, Satair will supply

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Daher has equipped Airbus Helicopters’ new logistics hub in Albacete, Spain with a highly automated and robotised storage system © Daher

Daher equips Airbus Helicopters new logistics hub in Albacete

MRO & Production

Airbus Helicopters has officially opened its new logistics hub in Albacete, Spain, equipped and operated by Daher as the lead logistics partner. Located adjacent to the Airbus Helicopters production facility in Albacete, this 50,000 m² warehouse will optimise operations and create several hundred new skilled jobs for the wider Castilla-La Mancha region. During the design

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VAS has acquired seven Airbus A330 aircraft previously operated by China Southern Airlines © AirTeamImages

VAS Aero Services acquires seven Airbus A330 aircraft from China Southern Airlines

MRO & Production

VAS Aero Services has announced the acquisition of seven Airbus A330 aircraft previously operated by China Southern Airlines. The aircraft’s newer-generation Pratt & Whitney PW-4170 engines will be available for lease and will be harvested for in-demand USM parts. The airframes will be designated for placement or possible teardown, followed by parts harvesting and marketing.

VAS Aero Services acquires seven Airbus A330 aircraft from China Southern Airlines Read More »

GAMIT will digitise the technical records of Air Tahiti Nui’s fleet © GAMIT

GAMIT secures long-term contract with Air Tahiti Nui

Information Technology

GAMIT (an AMAC Aerospace Company), based in Stansted, UK, has been awarded a long-term contract to digitise the technical records of flag carrier Air Tahiti Nui’s fleet using GAMIT’s software, ROAM (records online asset management). ROAM is a digital records management solution designed specifically for the aerospace industry. Air Tahiti Nui will utilise ROAM to

GAMIT secures long-term contract with Air Tahiti Nui Read More »

Lufthansa gets green light from EU Commission to take stake in ITA

Stellantis invests additional US$55 million in Archer Aviation

Air Canada leases eight new Boeing 737-8s from BOC Aviation

ATR appoints Christopher Jones Head of Region Americas

ATSG expands global reach with new leasing agreements

Satair and Transavia France sign IMS supply chain contract

Daher equips Airbus Helicopters new logistics hub in Albacete

VAS Aero Services acquires seven Airbus A330 aircraft from China Southern Airlines

GAMIT secures long-term contract with Air Tahiti Nui

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3 July 2024

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