Joby acquires Blade’s urban air mobility business in US$125 m deal

Joby Aviation (Joby) has signed a definitive agreement to acquire Blade Air Mobility’s (Blade’s) urban passenger transport business, marking a major step in its commercial growth strategy. The acquisition, valued at up to US$125 million in Joby stock or cash (at Joby’s election), includes all of Blade’s passenger operations across the US and Europe as […]

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Wide-body aircraft values climb amid long-haul market recovery

Other News

IBA, the aviation market intelligence and advisory firm, has reported that market values for new-generation wide-body aircraft have increased by an average of 11.6% since 2021. This reflects a sustained recovery in long-haul demand, ongoing fleet renewal and strong aircraft trading activity. According to IBA Insight, values had fallen sharply during the pandemic, dropping by

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Jordan Airmotive expands collaboration with AJW Group

MRO & Production

Jordan Airmotive has announced the continued growth of its collaboration with AJW Group, a prominent provider of aviation component parts, repair, and supply chain solutions. The partnership focuses on delivering expert maintenance, repair and overhaul (MRO) services for CFM56-7B engines, widely used in commercial aviation. This alliance builds on a shared commitment to operational reliability

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MTU appoints Dr Ottmar Pfänder as Chief Program Officer

People

MTU Aero Engines (MTU) has announced the appointment of Dr Ottmar Pfänder as its next Chief Program Officer, effective January 1, 2026. He will take over from Michael Schreyögg, who is stepping down at his own request after a career spanning more than 35 years with the company, including over 12 years on the Executive

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FL Technics wheels and brakes facility © FL Technics

FL Technics opens new Bergamo wheels and brakes facility

MRO & Production

FL Technics is strengthening its European presence by opening a new wheels and brakes facility in Bergamo, Italy. Located near Milan Bergamo Airport, the 2,041 m² site has commenced operations and is expected to provide convenient access and high-quality landing gear component services for airlines in Southern and Western Europe. It becomes the company’s fourth

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Cebu Pacific strengthens maintenance efficiency with LHT supply deal

MRO & Production

Lufthansa Technik and Cebu Pacific have extended their long-standing partnership through a new agreement focusing on the supply of consumables and expendables for the airline’s fleet of 100 aircraft. The fleet comprises Airbus A320, A321ceo/neo, and A330neo models. This collaboration aims to improve Cebu Pacific’s operational efficiency and reliability by ensuring access to essential aircraft

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Joby acquires Blade’s urban air mobility business in US$125 m deal

Wide-body aircraft values climb amid long-haul market recovery

Jordan Airmotive expands collaboration with AJW Group

MTU appoints Dr Ottmar Pfänder as Chief Program Officer

FL Technics opens new Bergamo wheels and brakes facility

Cebu Pacific strengthens maintenance efficiency with LHT supply deal

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5 August 2025

Joby acquires Blade’s urban air mobility business in US$125 m deal

Wide-body aircraft values climb amid long-haul market recovery

Jordan Airmotive expands collaboration with AJW Group

MTU appoints Dr Ottmar Pfänder as Chief Program Officer

FL Technics opens new Bergamo wheels and brakes facility

Cebu Pacific strengthens maintenance efficiency with LHT supply deal

Stay Connected

Subscribe