2024

Curtiss-Wright will support F-35´s from Belgian Air Force Lockheed Martin

Curtiss-Wright lands £20 Million Belgian Air Force contract

Curtiss-Wright Corporation has announced it has been awarded a £20 million (US$26.4 million) multi-year contract by the Belgian Air Force to modernise its aircraft arresting systems. Under the agreement, Curtiss-Wright will supply new cable systems and related turnkey services to three airbases, preparing for the arrival of the F-35 aircraft in Belgium and ensuring effective […]

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Genesis and BayernLB partnership Genesis

Genesis adds BayernLB to US$450 million credit facility

Genesis, a Dublin-based commercial aircraft leasing company, has announced that BayernLB has joined its US$450 million warehouse facility as a co-lender. The facility, initially led by CitiBank, now includes BayernLB alongside Morgan Stanley and Bank of America as co-lenders, further strengthening Genesis’ financial partnerships. Genesis Chief Financial Officer Adam Smyth expressed his satisfaction with the

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MoU signing with Airbus Egyptair M&E

Egyptair Maintenance & Engineering signs MoU with Airbus

Egyptair Maintenance & Engineering (Egyptair M&E) has announced the signing of a memorandum of understanding (MoU) with Airbus. This partnership strengthens Egyptair M&E’s position as a global leader in aviation maintenance and repair services (MRO). As part of the MoU, Egyptair M&E will undergo the Airbus airframe MRO supplier qualification process, showcasing its compliance with

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Ground-breaking at Bangalore Airport Air India

Air India breaks ground on MRO facility at Bengaluru Airport

Air India has officially launched construction of a pioneering base maintenance facility at Kempegowda International Airport in Bengaluru. Spanning 35 acres, this facility marks a significant collaboration between Air India, the Government of Karnataka, and Bengaluru International Airport. The new MRO (Maintenance, Repair, and Overhaul) facility, championed by Gunjan Krishna, Commissioner for Industrial Development and

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Selim Bouri and Shawn Gregor SITA

SITA appoints Shawn Gregor & Selim Bouri as regional Presidents

SITA has announced the appointment of Shawn Gregor as company President of the Americas and Selim Bouri as company President of the Middle East and Africa. Both bring extensive experience from the travel and transport, telecommunications, and IT sectors. Shawn Gregor’s experience includes overseeing digital transformation programmes within the aviation sector across the Americas, including

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HAECO partners with Safran Aircraft Engines for RBS installation on LEAP engines HAECO

HAECO partners with Safran Aircraft Engines for LEAP RBS installation

HAECO has announced a long-term partnership with Safran Aircraft Engines for the installation of the reverse bleed system (RBS) on LEAP engines. This collaboration reinforces HAECO’s reputation as a trusted provider of high-quality engine services and its commitment to fostering innovation in the aviation industry. The RBS installation will be performed on-wing and near-wing by

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JEKTA signs deal with Solyu for 30 PHA-ZE 100 aircraft JEKTA

JEKTA signs first lessor deal with Solyu for 30 PHA-ZE 100 aircraft

Swiss aircraft developer JEKTA has signed its first lessor agreement with Solyu for 30 PHA-ZE 100 zero-emissions amphibious aircraft. This deal boosts JEKTA’s advanced commitments for its amphibious aircraft to over US$1 billion. Based in Seoul, South Korea, Solyu is dedicated to promoting a low-carbon future for aviation, providing financial and leasing solutions to operators

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Jaivel Aerospace and Deutsche Aircraft executives Jaivel Aerospace

Deutsche Aircraft awards Jaivel Aerospace D328eco contract

Deutsche Aircraft has contracted Jaivel Aerospace to update and develop design and manufacturing standards for the 40-seater D328eco regional turboprop. This follows a successful pilot programme created by the Deutsche Aircraft and Jaivel Aerospace teams, based in Germany, the United Kingdom, and India. The goal of this collaboration is to create comprehensive standards and specifications

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BBVA México and Aeroméxico finalise loan BBVA México

BBVA México and Aeroméxico finalise US$200 million loan

Aerovías de México, a subsidiary of Grupo Aeroméxico has successfully closed a US$200 million syndicated revolving credit line for a three-year term, marking its strong return to the Mexican banking market. In this transaction, BBVA México served as the sole global coordinator, sole bookrunner, and agent bank, overseeing the structuring and syndication of the loan

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Aegean Airlines has invested in Volotea AEGEAN

Aegean invests €25 million in Spanish low-cost carrier Volotea

Aegean Airlines has invested €25 million in Barcelona-based budget carrier Volotea. This capital injection is part of a larger fundraising effort involving Volotea’s existing shareholders, totalling €50 million. Aegean made the investment through a profit-participating loan, which will later be converted into shares. Volotea may receive another round of investment next year, with Aegean indicating

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