2 December 2024

TrueNoord has purchased a portfolio of seven ATR 72-600 aircraft from GOAL Aircraft Leasing

TrueNoord acquires seven ATR 72-600 aircraft from GOAL Aircraft Leasing

TrueNoord, the specialist regional aircraft lessor, has acquired a portfolio of seven ATR 72-600 turboprop aircraft from German asset manager GOAL Aircraft Leasing, acting on behalf of KGAL. This acquisition increases TrueNoord’s fleet to over 100 aircraft and introduces three new European lessee airlines into its portfolio. The newly integrated aircraft are leased to Air […]

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Representatives from Honeywell and Qatar Airways © Qatar Airways

Qatar Airways expands MRO capabilities with landmark APU deal

Qatar Airways has secured a ground-breaking agreement with Honeywell, becoming the first MRO provider in the Middle East and Africa authorised to service the HGT1700 auxiliary power unit (APU) used in Airbus A350 aircraft. This milestone represents a significant step forward for Qatar Airways in the aviation maintenance sector. The HGT1700 APU, located in the

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Eve has secured additional funding from BNDES to advance the development of its eVTOL aircraft

Eve secures additional US$35 million funding from BNDES

Eve Air Mobility (Eve) has announced a US$35 million investment from Brazil’s National Development Bank (BNDES), further strengthening its financial position to advance the development of its electric vertical take-off and landing (eVTOL) aircraft. This funding, sourced from BNDES’ Climate Fund, will support the production of conforming prototypes, testing processes, and eventual commercial manufacturing. This

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AutoFlight's eVTOL aircraft has completed its inaugural demonstration flight in Okayama Prefecture, Japan

AutoFlight completes historic eVTOL flight in Japan

AutoFlight, an innovator in electric vertical take-off and landing (eVTOL) technology, has achieved a significant milestone with its first successful flight in Japan. On November 29, the company’s two-ton eVTOL aircraft completed its inaugural demonstration flight in Okayama Prefecture. The landmark flight was conducted in collaboration with MASC, a Japanese non-profit organisation dedicated to advancing

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Italian flagship carrier ITA Airways is now part of the Lufthansa Group

EU clears Lufthansa’s acquisition of ITA stake amid concessions

The European Union has approved Lufthansa‘s acquisition of a 41% stake in ITA Airways, subject to key concessions, the Handelsblatt reported. This antitrust approval was granted in July, but only after Deutsche Lufthansa agreed to measures designed to ensure fair competition, as confirmed by the EU Commission on Friday, November 29. These measures include providing

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