17 January 2025

Avolon reported a 79% increase in net income in 2024 © Avolon

Avolon completes acquisition of Castlelake Aviation

Avolon, the aviation finance company, has successfully completed its acquisition of Castlelake Aviation from Castlelake L.P.’s aviation platform. The transaction, which was first disclosed on September 13, 2024, includes a substantial portfolio comprising 106 aircraft currently on lease, as well as commitments for ten new-technology aircraft. This strategic acquisition significantly enhances Avolon’s already impressive fleet, […]

Avolon completes acquisition of Castlelake Aviation Read More »

FSG will equip SriLankan aircraft with its new EFB provision solution

SriLankan Airlines orders FSG’s new EFB provision solution

Fokker Services Group (FSG) has secured an order from SriLankan Airlines to equip its entire fleet of Airbus A320s and A330s with a newly designed Electronic Flight Bag (EFB) provision solution. The solution includes a pivot mount, USB-C outlet and a DC-DC converter. With this order, SriLankan Airlines becomes the launch customer for FSG’s upgraded

SriLankan Airlines orders FSG’s new EFB provision solution Read More »

AerSale is expanding inventory with key aircraft components from Sanad Group

AerSale acquires aircraft parts portfolio from Sanad Group

AerSale has acquired a portfolio of aircraft parts from the Sanad Group, an aerospace engineering and leasing solutions provider wholly owned by Abu Dhabi’s sovereign investor, Mubadala Investment Company (Mubadala). The portfolio comprises high-demand components for widely operated aircraft models, including the 737NG, A320 family, A330/340, Boeing 777, Embraer E-Jet and various quick engine change

AerSale acquires aircraft parts portfolio from Sanad Group Read More »

SITA joins forces with Palo Alto Networks to enhance aviation cybersecurity

SITA and Palo Alto Networks to enhance aviation cybersecurity

SITA has announced a new partnership with Palo Alto Networks to deliver robust cybersecurity protection for mission-critical airport applications. This collaboration marks a significant milestone by integrating Palo Alto Networks’ AI-powered cybersecurity platforms into SITA’s CyberSecurity portfolio. SITA will oversee management and operations through its CyberSOC, ensuring the protection of remote site access, mobile workforce,

SITA and Palo Alto Networks to enhance aviation cybersecurity Read More »

Patrick Marous, CEO Business Unit Solutions at thyssenkrupp Materials Services (l) and Johan Petry, VP Sales & Marketing, Global Aerospace Novelis Europe (r) © Novelis

thyssenkrupp Aerospace secures aluminium supply from Novelis

thyssenkrupp Aerospace, the supply chain management and third-party logistics service provider for the commercial aerospace industry, and Novelis, a sustainable aluminium solutions provider and a front runner in aluminium rolling and recycling, have renewed their strategic partnership through a multi-year agreement. Under the agreement, Novelis will supply specialised, aerospace-grade aluminium from its facilities in Koblenz,

thyssenkrupp Aerospace secures aluminium supply from Novelis Read More »