Global Medical Response (GMR) has placed an order for 28 Airbus helicopters as part of its ongoing efforts to expand its air medical fleet. The order includes six H125s, five H130s, 14 H135s and three H145s, strengthening GMR’s fleet and positioning it as one of the largest operators of Airbus helicopters in North America. This […]
GMR boosts fleet with major Airbus helicopter order Read More »
SIA Engineering Group (SIAEC) has released its half-year results, indicating a robust demand for maintenance, repair and overhaul (MRO) services in the first half of the financial year ending 30 September 2024. All operating segments achieved higher revenue. Group revenue rose by 12.1% year-on-year to SA$576.2 million, while Group expenditure increased at a slightly lower
Lilium N.V., the electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has appointed KPMG to lead an open, transparent and fair M&A process, with initial investor briefings set to begin soon. This follows a significant step in Lilium’s restructuring, as the local court in Weilheim has approved the insolvency filing of Lilium’s German
Lilium appoints KPMG for M&A process as part of court-approved restructuring Read More »
IBA, the aviation market intelligence and advisory company, has reported that the airline industry has recovered from the pandemic, with the outlook for 2024 showing all regions surpassing 2019 capacity levels, while revenues and yields stabilised in 2023 and early 2024. According to IBA’s latest analysis, global passenger capacity in Available Seat Kilometres (ASKs) as
Condor is set to broaden its flight schedule in summer 2025, adding eight vibrant cities ideal for city breaks. From Frankfurt, Condor will offer one daily flight each to Rome (FCO), Milan (MXP), Prague (PRG), Vienna (VIE), Zurich (ZRH), Berlin (BER), Hamburg (HAM), and Munich (MUC), inviting passengers to explore a rich variety of cultural,
Condor shift focus to city travel with new European routes Read More »
Crestone Air Partners (Crestone), a comprehensive aviation asset management platform, has announced its acquisition of a Boeing 737-800 aircraft from a securitisation managed by Castlelake. The aircraft is currently on lease with MIAT Mongolian Airlines. This transaction marks the inaugural partnership between Crestone and Castlelake. Steve Williamson, Principal and Head of Trading at Crestone, commented,
Crestone Air Partners acquires B737-800 from Castlelake Read More »
