Stratos completes multiple aircraft sales to capitalise on strong market conditions

Stratos, a top ten aircraft asset manager, has successfully executed three separate transactions involving the sale of four aircraft. The transactions include two A320 aircraft (MSNs 5653 and 5372) sold to Avion Express, one 737-300F (MSN 27459) sold to a Middle Eastern buyer and a leased 777-300ER (MSN 38665) transferred to investors managed by Altavair. […]

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Iberia has taken delivery of the first Airbus A321XLR aircraft

Iberia becomes launch operator of Airbus A321XLR

Aircraft & Engines

Spanish flag carrier Iberia has officially taken delivery of its first Airbus A321XLR aircraft, marking the airline as the launch operator of this advanced single-aisle jet. This aircraft, equipped with CFM LEAP-1A engines, will enhance Iberia’s operations by allowing for both regional flights throughout Europe and its inaugural transatlantic service from Madrid to Boston later

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DAE posts strong financial results for past nine months

Financial

Dubai Aerospace Enterprise (DAE) has released its financial results for the nine months ended September 30, 2024, revealing a 57% increase in profit before tax, which rose to 13% when excluding exceptional items. The company experienced a revenue growth of 3%, resulting in pre-tax profitability margins of 23% and a pre-tax return on equity of

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PLAY Airlines has ceased operations © PLAY Airlines

StandardAero adds PLAY airlines as new LEAP-1A engine client

MRO & Production

StandardAero has added Icelandic low-cost carrier PLAY airlines (PLAY) to its list of CFM International LEAP engine clients. StandardAero’s LEAP MRO facility in San Antonio, Texas, will deliver LEAP-1A performance restoration shop visit (PRSV) services for PLAY’s fleet of Airbus A320neo-family aircraft. This collaboration reflects StandardAero’s growing role in LEAP engine support and positions it

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Greece has purchased 35 Sikorsky-built UH-60M Black Hawks via the U.S. government

Greece strengthens defence with 35 new Black Hawk helicopters

Military & Defense

The U.S. Government has awarded Sikorsky, a Lockheed Martin company, a Foreign Military Sale contract to supply 35 UH-60M Black Hawk helicopters to Greece. This agreement, intended for the Hellenic Army, includes personnel training, specialised training equipment and an initial supply package. These additions will boost Greece’s self-defence capabilities and improve interoperability with NATO allies.

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Safran will expand its global MRO network to accommodate the growing demand for LEAP engine services

Safran boosts global LEAP engine support with major network expansion

Financial

Safran Aircraft Engines has unveiled an ambitious investment plan, committing over €1 billion to expand its global MRO network to accommodate the growing demand for LEAP engine services worldwide. Developed by CFM International—a joint venture between Safran and GE Aerospace—the LEAP engine, which entered service in 2016, powers nearly 4,000 narrow-body aircraft, including the Airbus

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Finnair launches first refurbished Embraer cabin

Other News

Finnair has completed the first cabin refurbishment in its Embraer fleet as part of a broader initiative to increase passenger comfort on shorter European routes. With a target to renew all 12 Embraer aircraft by spring 2026, the airline plans to complete the updates on seven aircraft during the winter season 2024–2025, while the remaining

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Qatar Airways will equip its new A321 NX fleet with Thales' FlytEDGE © Shutterstock

Qatar Airways to equip new A321 NX fleet with FlytEDGE

Other News

Qatar Airways has signed an agreement with Thales to equip its new A321 NX fleet with FlytEDGE, Thales’ Crystal Cabin® inflight entertainment (IFE) system. As Qatar Airways embarks on a digital transformation journey, FlytEDGE, the cloud-native inflight entertainment and connectivity (IFEC) platform, will deliver a new level of personalisation and passenger entertainment. Qatar Airways is

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Lufthansa Technik invests over €1 billion in global expansion and innovation

Financial

Lufthansa Technik (LHT) is committing over €1 billion in investments across the Americas, Asia-Pacific (APAC) and Europe, Middle East, and Africa (EMEA) regions over the coming years. “Our plans substantiate our aim to expand our leading market position,” stated Chief Financial Officer Dr William Willms. This commitment follows Lufthansa Technik’s Ambition 2030 strategy, which prioritises

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Embraer and LOT have signed a Pool Pogramme agreement for the carrier's E195-E2 aircraft © Embraer

LOT and Embraer sign multi-year Pool Programme agreement

MRO & Production

LOT Polish Airlines and Embraer have signed a multi-year contract for Embraer’s Pool Programme. This agreement will provide the airline with extensive support for a wide array of repairable components for three recently leased E195-E2 aircraft from Azorra. LOT Polish Airlines is one of the largest operators of Embraer’s E-Jets globally, with 47 of the

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Stratos completes multiple aircraft sales to capitalise on strong market conditions

Iberia becomes launch operator of Airbus A321XLR

DAE posts strong financial results for past nine months

StandardAero adds PLAY airlines as new LEAP-1A engine client

Greece strengthens defence with 35 new Black Hawk helicopters

Safran boosts global LEAP engine support with major network expansion

Finnair launches first refurbished Embraer cabin

Qatar Airways to equip new A321 NX fleet with FlytEDGE

Lufthansa Technik invests over €1 billion in global expansion and innovation

LOT and Embraer sign multi-year Pool Programme agreement

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