International Airlines Group (IAG) will invest up to €200 million over the next five years through IAGi Ventures, its new corporate venturing arm. This investment is set to be one of the largest of its kind globally and the largest by a European airline group. It underscores IAG’s commitment to harnessing innovation to transform its […]
IAG to invest €200 million through IAGi Ventures Read More »
Sumitomo Mitsui Finance and Leasing Co., (SMFL) and LCI Investment (LCI) have announced that their joint venture helicopter leasing company, SMFL LCI Helicopters (SMFLH), has entered into an agreement to acquire Macquarie Rotorcraft Limited (MRL), the helicopter leasing business of Macquarie Asset Management. The financial details of the transaction remain commercially confidential. Founded in 2013,
SMFL and LCI joint venture to acquire Macquarie Rotorcraft Read More »
Following three years of successful Cyclean engine washes delivering measurable benefits for the global C-17 Globemaster III fleet, Boeing has extended its service contract with Lufthansa Technik until the end of 2027. Each year, the maintenance, repair and overhaul (MRO) provider and its partners conduct approximately 2,000 high-pressure water washes on the Pratt & Whitney
Boeing renews LHT’s Cyclean engine wash contract for C-17 fleet Read More »
United Airlines (United) has announced the installation of Starlink on its first regional aircraft, highlighting the technical benefits of the equipment, including its compact size, reduced weight and ease of installation and maintenance. The airline has also shared details of the installation process, demonstrating how the system enhances operational efficiency. From May until the end
United expands Starlink installation across regional fleet Read More »
Tecnam and US Aviation Academy have announced the expansion of the Academy’s training fleet with the acquisition of 38 new aircraft. The fleet will include the Tecnam P2010, powered by the Lycoming IO-360, and the P2006T MKII, powered by the Rotax 912S3. Deliveries will take place from now until the first quarter of 2026, with
US Aviation Academy expands fleet with 38 Tecnam aircraft Read More »
The Department of Homeland Security announced on March 7, that it was terminating its collective bargaining agreement with workers in the Transportation Security Administration (TSA), arguing that the union contract was jeopardising the safety of travellers, The New Your Times reported. The decision marked the latest effort by President Trump’s administration to weaken labour protections
US Government ends union contract for TSA workers, citing security concerns Read More »
Magellan Aerospace Corporation (Magellan) and Aequs Private Limited (Aequs) have signed a memorandum of understanding (MOU) to explore the development of a business plan for a 50/50 jointly owned aerospace sand casting facility in the Belagavi Aerospace Cluster (BAC), Karnataka, India. This facility aims to address the growing demand for aerospace sand castings in both
Magellan and Aequs to establish aerospace sand casting facility Read More »
