5 November 2024

Investment firm Stonepeak will acquire ATSG in a US$3.1 billion deal

ATSG to go private in US$3.1 billion acquisition by Stonepeak

Financial

Air Transport Services Group (ATSG), a major player in leasing medium wide-body freighter aircraft and air transport operations, announced it will be acquired by Stonepeak, an investment firm specialising in infrastructure, for approximately US$3.1 billion. This all-cash acquisition at US$22.50 per share represents a 29.3% premium over ATSG’s recent share price, benefiting shareholders with substantial […]

ATSG to go private in US$3.1 billion acquisition by Stonepeak Read More »

Ethiopian Airlines has taken delivery of its first A350-1000 from Airbus in Toulouse, France

Ethiopian Airlines welcomes first A350-1000 aircraft

Aircraft & Engines

Ethiopian Airlines, the largest Airbus operator in Africa, has received its first A350-1000 aircraft from Airbus in Toulouse, France. This significant addition makes Ethiopian Airlines the first African carrier to operate this model, enhancing its premium-service offerings on major routes such as Washington D.C., London, Paris and Frankfurt. Currently, Ethiopian Airlines operates a fleet of

Ethiopian Airlines welcomes first A350-1000 aircraft Read More »

SIMCOM's state-of-the-art facility in Lake Nona, Florida

CAE increases stake in SIMCOM Aviation Training with CA$230m investment

Financial

CAE has announced plans to increase its stake in SIMCOM Aviation Training by acquiring a majority of shares from Volo Sicuro for CA$230 million (US$165.00 million). This purchase will be funded through CAE’s credit facility and existing cash, with the transaction expected to close shortly. As part of the deal, Flexjet, a Volo Sicuro affiliate,

CAE increases stake in SIMCOM Aviation Training with CA$230m investment Read More »

Deutsche Aircraft and P&WC have successfully concluded a pioneering series of test flights on a D328® UpLift research aircraft powered by synthetic Fischer-Tropsch fuel

Deutsche Aircraft and P&WC complete breakthrough test flights

Other News

Deutsche Aircraft and Pratt & Whitney Canada (P&WC) have successfully concluded a pioneering series of test flights on a D328® UpLift research aircraft powered by synthetic Fischer-Tropsch fuel, a sustainable aviation fuel (SAF) alternative designed to reduce carbon emissions and contrails. These tests, part of the UpLift-CLIM0ART project conducted in partnership with the German Aerospace

Deutsche Aircraft and P&WC complete breakthrough test flights Read More »

TP Aerospace will provide wheels and brakes service for K-Mile Air's fleet © AirTeamImages

TP Aerospace expands partnership with Thailand’s K-Mile Air

MRO & Production

TP Aerospace has announced an extended long-term agreement with K-Mile Air, Thailand’s express cargo airline, to provide a comprehensive wheels and brakes programme for the airline’s fleet, including B737CL and B737NG aircraft. This agreement is an all-inclusive, cost-per-landing arrangement that simplifies maintenance and reduces operational costs, reflecting TP Aerospace’s commitment to support airlines throughout the

TP Aerospace expands partnership with Thailand’s K-Mile Air Read More »

Stay Connected

Twitter Linkedin-in Instagram Facebook-f Youtube

Subscribe

AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
+1.778.213.8543

Twitter Linkedin
Main Menu
Main Menu

© All rights reserved

AviTrader Publications Corporation

Subscribe
Subscribe