Lilium appoints KPMG for M&A process as part of court-approved restructuring

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 […]

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IBA reports airlines surpassing pre-pandemic capacity as revenues and yield stabilise in 2024

Other News

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

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Condor shift focus to city travel with new European routes

Airlines & Routes

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,

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The newly acquired B737-800 is currently leased to MIAT

Crestone Air Partners acquires B737-800 from Castlelake

Aircraft & Engines

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,

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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

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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

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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,

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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

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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

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Airbus will deliver 19 H135 helicopters for training RCAF pilots © Airbus Helicopters - Dianne Bond

Airbus H135 helicopters to train RCAF pilots

Military & Defense

Airbus Helicopters has secured a significant contract with SkyAlyne, a Canadian joint venture between CAE and KF Aerospace, to deliver 19 H135 helicopters for training Royal Canadian Air Force (RCAF) pilots. This is the first instance of Airbus helicopters entering service with the Canadian Armed Forces. The H135 aircraft, renowned for its advanced twin-engine capabilities

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