April 22, 2025

Qatar Airways, IAG Cargo and MASkargo plan cargo joint venture IAG Cargo

Qatar Airways Cargo, IAG Cargo, MASkargo plan cargo joint venture

Qatar Airways Cargo, IAG Cargo and MAB Kargo Sdn Bhd (MASkargo) have announced their intention to launch a global cargo joint business, which, subject to regulatory approval, will allow the carriers to further enhance service levels for customers and partners across the global air freight market. The strategic collaboration will bring together the combined expertise […]

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Representatives of IAI and DCX Systems © IAI

IAI and DCX Systems launch ELTX joint venture

Military & Defense

Israel Aerospace Industries (IAI), a globally recognised leader in aerospace and defence, has joined forces with India’s DCX Systems Limited to establish a new joint venture named ELTX. This strategic partnership is aimed at supporting the Indian Government’s ‘Atmanirbhar Bharat’ (‘Self-Reliant India’) and ‘Make in India’ initiatives by enabling the transfer of advanced defence technologies

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DAE receives insurance settlements for aircraft leased in Russia

Airports

Dubai Aerospace Enterprise (DAE) has announced it recently secured approximately US$282 million in cash settlements from selected insurance companies relating to aircraft formerly leased to airline operators in the Russia. These aircraft became subject to international leasing disputes following the imposition of global sanctions and the grounding of foreign-owned aircraft in Russia after the onset

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GTA Air adopts Aerios’ air cargo charter software

Information Technology

Aerios, the air cargo charter software company and member of CargoTech, has welcomed Texas-based carrier GTA Air as its latest partner airline, following its recent partnership with carrier Cargojet. GTA Air has integrated Aerios’ Carrier App platform into its operations, demonstrating the system’s adaptability for both large wide-body carriers and smaller narrow-body operators. This collaboration

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Electra secures US$115 million to advance EL9 aircraft pre-production

Financial

Electra has announced the successful closure of a US$115 million Series B funding round to support the next stage of development for its pioneering EL9 aircraft—the world’s first ultra short take-off and landing aircraft. This funding will enable Electra to progress into the pre-production and certification phase of the EL9, which is capable of taking

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EGYPTAIR M&E secures 15th straight FAA approval

MRO & Production

EGYPTAIR MAINTENANCE & ENGINEERING (EGYPTAIR M&E) has successfully renewed its certification from the U.S. Federal Aviation Administration (FAA) for the 15th consecutive year, reaffirming the company’s unwavering commitment to the highest international standards of safety and quality in aircraft maintenance. The renewal follows an extensive on-site audit carried out by a team of FAA inspectors

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Laurans A. Mandelson will become Executive Chairman of the Board of Directors at HEICO and his two sons Eric A. Mendelson and Victor H. Mendelson will take the role of Co-CEOs © HEICO

Mendelson father and sons will take the rein at HEICO

People

HEICO Corporation has announced a key leadership transition set to take effect on May 1, 2025. Laurans A. Mendelson, currently the company’s Chairman and Chief Executive Officer, will assume the role of Executive Chairman of the Board of Directors. In this new position, he will continue to lead the Board, maintain a strong focus on

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Qatar Airways Cargo, IAG Cargo, MASkargo plan cargo joint venture

IAI and DCX Systems launch ELTX joint venture

DAE receives insurance settlements for aircraft leased in Russia

GTA Air adopts Aerios’ air cargo charter software

Electra secures US$115 million to advance EL9 aircraft pre-production

EGYPTAIR M&E secures 15th straight FAA approval

Mendelson father and sons will take the rein at HEICO

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22 April 2025

Qatar Airways Cargo, IAG Cargo, MASkargo plan cargo joint venture

IAI and DCX Systems launch ELTX joint venture

DAE receives insurance settlements for aircraft leased in Russia

GTA Air adopts Aerios’ air cargo charter software

Electra secures US$115 million to advance EL9 aircraft pre-production

EGYPTAIR M&E secures 15th straight FAA approval

Mendelson father and sons will take the rein at HEICO

Stay Connected

Subscribe