2024

Greece is one step closer in procuring 35 Sikorsky-built Black Hawks following the signing of a letter of acceptance (LOA)

Greece commits to procuring 35 UH-60M Black Hawk helicopters

Military & Defense

The Government of Greece has formalised its intention to acquire 35 UH-60M Black Hawk helicopters manufactured by Sikorsky, a Lockheed Martin company, through a Foreign Military Sale agreement with the U.S. government. Paul Lemmo, President of Sikorsky, highlighted the significance of this decision, stating, “The latest generation UH-60M Black Hawk will bolster the Hellenic Ministry […]

Greece commits to procuring 35 UH-60M Black Hawk helicopters Read More »

CFM56-7B engine

StandardAero’s DFW centre boosts CFM56-7B engine support, expands services

MRO & Production

StandardAero’s Dallas/Fort Worth (DFW) hub, situated at Dallas/Fort Worth International Airport, TX, is intensifying its backing for the CFM International turbofan engine, marking a milestone with its inaugural customer engine shop visit earlier this spring. Since its inauguration last year, the DFW-based CFM56-7B service centre has welcomed over a dozen engines for diverse work scopes,

StandardAero’s DFW centre boosts CFM56-7B engine support, expands services Read More »

Avolon and Cebu Pacific have finalised an agreement for the sale and leaseback of four Airbus A330neo aircraft © Avolon

Avolon, Cebu Pacific sign sale and leaseback deal for A330neos

Aircraft & Engines

Aviation finance powerhouse Avolon has finalised an agreement with Cebu Pacific, the renowned low-cost carrier from the Philippines, for the sale and leaseback of four brand-new Airbus A330neo aircraft. The delivery schedule spans from late 2024 to 2026, with the first aircraft set for arrival later this year. These cutting-edge aircraft will play a pivotal

Avolon, Cebu Pacific sign sale and leaseback deal for A330neos Read More »

Yasuyuki Kusakari

Yasuyuki Kusakari appointed as Chairman of Jackson Square Aviation (JSA)

People

Jackson Square Aviation (JSA) has announced the appointment of Yasuyuki Kusakari as the new Chairman of the aircraft leasing company, effective April 1, 2024. Kusakari will succeed Osamu Muramoto, who has served as Chairman of JSA since June 1, 2019. Muramoto, currently the Managing Executive Officer and Head of Aviation Business Division at Mitsubishi HC

Yasuyuki Kusakari appointed as Chairman of Jackson Square Aviation (JSA) Read More »

IATA revealed that international passenger demand experienced a substantial 26.3% growth in February 2024 © Shutterstock

IATA report reveals February 2024 global passenger trends

Traffic

The latest data released by the International Air Transport Association (IATA) unveils key insights into global passenger demand for February 2024: Total Demand: Revenue passenger kilometres (RPKs) surged by 21.5% compared to February 2023, while available seat kilometres (ASK) increased by 18.7% year-on-year. The load factor for February reached 80.6%, marking a 1.9 percentage points

IATA report reveals February 2024 global passenger trends Read More »

AerCap

AerCap’s first quarter 2024: leases, purchases, sales and more

Aircraft & Engines

AerCap Holdings has provided an extensive overview of its business activities during the initial quarter of 2024. Throughout this period, the company has been actively involved in various significant transactions across its diverse portfolio. The company inked a total of 82 lease agreements, encompassing a wide array of aviation assets. These agreements included leases for

AerCap’s first quarter 2024: leases, purchases, sales and more Read More »

AAR has signed a multi-year commercial distribution agreement with TRIUMPH © AAR

AAR and TRIUMPH forge exclusive distribution deal

MRO & Production

AAR Corp. and TRIUMPH have inked an exclusive, multi-year commercial distribution agreement, set to commence in January 2026. Under this partnership, AAR will be the sole distributor of TRIUMPH’s extensive commercial actuation product line, featuring over 100 top-level assemblies and their subcomponents for Boeing and Airbus commercial platforms. Leveraging its global distribution network, AAR will

AAR and TRIUMPH forge exclusive distribution deal Read More »

AerFin has opened a new 35,000 ft² facility close to Miami International Airport, Florida © Shutterstock

AerFin unveils new 35,000 ft² facility near Miami International Airport

MRO & Production

AerFin has inaugurated a state-of-the-art facility spanning 35,000 ft² close to Miami International Airport, Florida. This new 24/7 AOG and top-tier engine storage facility will boast an extensive inventory tailored to meet the fast-moving part requirements for E-Jets, Airbus and Boeing platforms, along with materials for CF34, CFM56, and V2500 engines. Moreover, AerFin has significantly

AerFin unveils new 35,000 ft² facility near Miami International Airport Read More »

Dr. Peters Group will place four Airbus A380 aircraft with VAS for reclamation and re-distribution of used serviceable material © Airbus

VAS Aero Services and Dr. Peters Group expand aircraft teardown partnership

MRO & Production

VAS Aero Services and Germany-based Dr. Peters Group, an investment fund management firm and lessor with assets in aviation, real estate and shipping, have announced the placement of four Airbus A380 aircraft with VAS for reclamation and re-distribution of high-demand A380 used serviceable material (USM). VAS and Dr. Peters partnered in the dismantlement of the

VAS Aero Services and Dr. Peters Group expand aircraft teardown partnership 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