Binter Canarias (Binter), the flag carrier airline of the Canary Islands, Spain, has signed an agreement with aircraft manufacturer ATR to acquire four new ATR 72-600 aircraft as part of its ongoing fleet modernisation strategy. The deal also includes an option to purchase five additional units, reinforcing Binter’s commitment to operating a state-of-the-art fleet, a […]
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Nordisk Aviation (Nordisk) has signed an agreement with Emirates to supply up to 10,000 advanced fire-resistant AKE containers for baggage and cargo. These containers are designed to reduce the risks posed by lithium-ion battery fires, providing enhanced safety during transport. Nordisk’s AKE containers stand out for their innovative design, being the lightest on the market
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Embraer has officially commenced structural assembly of Austria’s first C-390 Millennium aircraft. The milestone was marked by a formal ceremony at Embraer’s Gavião Peixoto production facility, attended by representatives from the Austrian government. The C-390 Millennium is regarded as the best in its class, featuring a maximum payload of 26 tonnes, a top speed of
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flyExclusive Inc., a publicly traded provider of premium jet charter services, has reached a definitive agreement to acquire the aviation division of Jet.AI Inc., a private aviation and artificial intelligence company. The acquisition is part of Jet.AI’s strategy to concentrate on AI solutions, with the aviation business being spun off into a new entity, “SpinCo,”
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At Aero India 2025, Bharat Forge and Liebherr unveiled a strategic partnership to establish a manufacturing facility aimed at addressing the increasing global demand in the aerospace sector. Under this collaboration, Bharat Forge will develop a state-of-the-art facility at its headquarters in Pune, India, with operations set to commence in 2025. The facility will incorporate
Bharat Forge and Liebherr partner for aerospace manufacturing Read More »
Global aviation finance company Avolon has announced its full-year results for 2024, reporting a net income of US$608 million, marking a 79% increase year on year. Adjusted net income stood at US$458 million, up 35% compared to the previous year, excluding settlement proceeds of US$177 million (US$150 million net of tax) from insurance claims related
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