16 October 2024

VSE Corporation has concluded the acquisition of Kellstrom Aerospace © Kellstrom

VSE Corporation announces acquisition of Kellstrom Aerospace

Financial, Top Stories

VSE Corporation (VSE) has signed a definitive agreement to acquire Kellstrom Aerospace Group (Kellstrom), a portfolio company of AE Industrial Partners, and a diversified global distributor and service provider supporting the commercial aerospace engine aftermarket. The transaction is subject to customary closing conditions, including regulatory review, and is expected to close in the fourth quarter […]

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Embraer will invest up to US$70 million into its Texas MRO expansion

Embraer to invest up to US$70 million in Texas MRO expansion

MRO & Production, Top Stories

Embraer has announced an expansion of its maintenance, repair and overhaul (MRO) services network in the United States to support the growing fleet of E-Jets. This includes the opening of a new Embraer-owned service centre at Perot Field Alliance Airport in Fort Worth, Texas. In partnership with the City of Fort Worth, Denton County, and

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Gavin Simmonds, Chief Executive Officer APOC Aviation

APOC Aviation secures multi-million funding from Deutsche Bank

Financial

APOC Aviation has secured a multi-faceted financing facility with Deutsche Bank through its transportation structured finance group. The funds will be utilised to expand APOC’s existing business portfolio while supporting further vertical integration of future complementary solutions. The flexibility provided by Deutsche Bank will allow APOC to grow substantially in both the short and medium

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Cargolux renews partnership with Unilode Aviation Solutions AirTeamImages

Cargolux extends Unilode partnership for ULD Management

Other News

Cargolux, a European all-cargo airline, has announced the renewal of its long-standing partnership with Unilode Aviation Solutions (Unilode) for Unit Load Device (ULD) management services. Cargolux first entrusted Unilode with the management of its ULD fleet in 2009. Since then, Unilode has supported the airline’s fleet and route network expansion by delivering ULD management services

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© Eve Air Mobility has launched Eve TechCare at MRO Europe in Barcelona © Eve Air Mobility

Eve secures US$88 million from BNDES for eVTOL production

Financial

Eve Air Mobility (Eve) has secured a US$88 million loan from Brazil’s National Development Bank (BNDES) to fund the development of its electric vertical take-off and landing (eVTOL) aircraft production facility in Taubaté, São Paulo. This financing builds on the successful partnership between Eve and BNDES, following the 2022 approval of a US$92.5 million line

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Nick Ward AJW Group

AJW Group appoints Mitsui & Co as sales representative in Japan

Other News

AJW Group is further strengthening its presence in Japan with the appointment of Mitsui & Co. as its exclusive sales representative. This strategic partnership enhances AJW Group’s ability to support the Japanese market, facilitating the supply and support of aircraft components through contracted services such as power-by-the-hour (PBH). It also provides comprehensive maintenance, repair and

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