Abelo, the specialist turboprop aircraft lessor, has announced the successful closing of a new warehouse financing facility of up to US$750 million. This significant funding milestone marks a major step forward in the company’s expansion plans, providing a solid foundation for its next phase of growth within the regional aircraft leasing sector. The facility was […]
Abelo secures US$750 million warehouse facility Read More »
CAE has announced the appointment of Matthew Bromberg as its new President and Chief Executive Officer (CEO), effective August 13, 2025. Bromberg will be responsible for leading CAE’s strategic growth and continued evolution in the aerospace and defence sectors. He will also be nominated for election to the Board of Directors at the upcoming Annual
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Werner Aero has announced the acquisition of an Airbus A320-200 aircraft, MSN 2874, from FTAI Aviation for teardown. This marks a strategic move to expand Werner Aero’s global inventory of high-quality aircraft components. The aircraft is set to be dismantled at Air Salvage International, based at Cotswold Airport in the United Kingdom. The teardown will
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Air New Zealand is preparing to welcome the arrival of its latest Airbus A321neo aircraft, with the first of two jets set to land on home soil on June 4, 2025. The aircraft will complete an impressive 19,342-kilometre journey from the Airbus facility in Hamburg to Auckland, with scheduled stopovers in Muscat, Kuala Lumpur and
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DTX Group has officially launched, marking a significant milestone in the evolution of the global aerospace sector. This development coincides with Hussein Lookmanjee’s complete divestment from Drayton Aerospace, with his remaining equity acquired by Lion Capital. The move allows Lookmanjee to dedicate his full attention and resources to the international growth and strategic leadership of
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IndiGo, Delta Air Lines, Air France-KLM, and Virgin Atlantic have announced a strategic cooperation aimed at significantly enhancing air connectivity between India, Europe, and North America. The collaboration is set to establish an industry-leading network by combining the strengths of each airline across key regions and aims to grow into a global-scale operation. This initiative
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Japan Airlines (JAL) has embarked on a major digital transformation initiative aimed at overhauling its longstanding aircraft maintenance management system. The airline, which has relied on its existing system for over 15 years, has selected IFS Cloud for Aviation Maintenance to lead this modernisation project. IFS is providing the integrated platform. IFS Cloud for Aviation
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