16 September 2024

Avolon

Avolon to acquire Castlelake Aviation in strategic growth move

Avolon, a prominent global aviation finance company, has announced its agreement to acquire Castlelake Aviation Limited (CA Ltd) , an entity managed by global alternative investment manager Castlelake L.P. This strategic acquisition is set to boost Avolon’s growth by expanding its aircraft portfolio and enhancing its financial position. As of March 31, 2024, CA Ltd […]

Avolon to acquire Castlelake Aviation in strategic growth move Read More »

Image of the new hangar at the old Larnaca Airport

Bird Aviation expands operations with new hangar at Larnaca Airport

Bird Aviation has announced the construction of a new hangar at the old Larnaca Airport, marking a significant expansion of its operations with the addition of a narrow-body aircraft bay. The project, which is being built adjacent to the company’s existing hangar, has already commenced and is scheduled for completion in the coming months. The

Bird Aviation expands operations with new hangar at Larnaca Airport Read More »

LEAP-1B engine

StandardAero secures agreement with Corendon Airlines for LEAP-1B engine maintenance

StandardAero has signed a non-exclusive agreement with Turkish airline Corendon Airlines to provide maintenance, repair and overhaul (MRO) services for the CFM International LEAP-1B engines powering the carrier’s Boeing 737 MAX 8 aircraft. This agreement marks the extension of the two companies’ existing relationship, as Corendon also operates Boeing 737-800 aircraft with CFM56-7B engines, which

StandardAero secures agreement with Corendon Airlines for LEAP-1B engine maintenance Read More »

Brussels Airlines

Brussels Airlines to expand fleet and strengthen African network

Brussels Airlines has unveiled plans to significantly expand its long-haul fleet by adding three new Airbus A330 aircraft, bringing its total number of wide-body aircraft to 13 over the coming years. This fleet growth is part of a broader strategy to enhance the airline’s capacity, particularly on routes to Sub-Saharan Africa, where the airline is

Brussels Airlines to expand fleet and strengthen African network Read More »

Travelport and Air Canada have signed a new content distribution agreement

Air Canada secures last-minute deal with pilots to prevent strike

Air Canada released on Sunday, September 15, that it had secured a tentative four-year collective agreement with its pilots’ union, avoiding an impending strike or lockout. This last-minute deal was reached just before the airline was set to start cancelling flights, with a complete shutdown planned for 12:01 a.m. EDT on Wednesday, September 18. With

Air Canada secures last-minute deal with pilots to prevent strike Read More »