Precision Aviation Group (PAG) has acquired ICON Aerospace (ICON) and TAG Aero (TAG). These strategic moves significantly enhance PAG’s capabilities in avionics and engine services while broadening its product offerings within the airline market. ICON, based in Indian Trail, North Carolina, is a provider of MRO services, focusing on avionics, accessories, and electronics. TAG, located […]
PAG acquires ICON Aerospace and TAG Aero Read More »
ExecuJet Haite Aviation Services China (ExecuJet Haite) has begun offering ground handling services for business jets at Beijing Capital International Airport (ZBAA) after securing an exclusive contract with Capital Airport Holding Business Aviation Management (CBM). CBM, the state-owned entity overseeing business aviation at the airport, has entrusted ExecuJet Haite as its sole ground handler, marking
ExecuJet Haite becomes exclusive ground handler at ZBAA Read More »
Emirates SkyCargo has announced an order for five additional Boeing 777 Freighters, further expanding its fleet of the twin-engine aircraft. This latest order, which was finalised in September, brings Emirates’ total Boeing wide-body aircraft orders to 249, including 14 of the 777 Freighters. The new acquisition builds on Emirates SkyCargo’s earlier purchase of five 777
Emirates SkyCargo expands fleet with additional 777 Freighters Read More »
Ambry Hill Technologies and Locatory.com have announced a partnership that integrates their aviation software products, creating a more efficient and automated solution for managing inbound RFQs, customer quoting, and inventory availability in the aviation marketplace. This collaboration is aimed at improving sales efficiency, reducing manual data entry and driving revenue growth for aviation businesses through
Ambry Hill and Locatory.com partner to streamline aviation RFQ and quoting process Read More »
Wafra Inc., a global alternative asset manager based in New York, has acquired a controlling stake in Aquila Air Capital (Aquila), a prominent engine lessor. Wafra has signed definitive agreements to acquire the Aquila platform from Warburg Pincus, a global growth investor. Through this transaction, Wafra will take a controlling interest in Aquila and provide
Wafra acquires controlling stake in Aquila Air Capital Read More »
Honeywell has published its 33rd annual Global Business Aviation Outlook, offering insights into industry trends and long-term developments based on extensive surveys of business aviation operators worldwide. The forecast predicts the delivery of up to 8,500 new business jets, valued at US$280 billion, over the next decade, an increase in value from last year. However,
Honeywell forecasts 8,500 business jet deliveries over next decade Read More »
