ITP Aero, a global reference in aerospace propulsion, has signed a binding agreement to acquire Aero Norway, an well known MRO provider specialising in the overhaul and repair of CFM56 engines. The agreement represents a substantial milestone in ITP Aero’s global growth strategy and reinforces its commitment to expanding its aftermarket services capabilities. Based in […]
ITP Aero to acquire Aero Norway Read More »
Aircraft Engine Lease Finance Inc. (AELF) has acquired two Boeing 737-800 aircraft, both manufactured in 2015, from ICBC Aviation Leasing (ICBC). The aircraft are currently on lease to Aerolíneas Argentinas, marking AELF’s first assets placed with the Argentine flag carrier. The transaction represents AELF’s first completed deal with ICBC and reflects the complementary nature of
AELF acquires two B737-800s from ICBC Aviation Leasing Read More »
Airbus Helicopters, through the NHIndustries joint venture, has delivered the first NH90 Sea Tiger helicopter to the German Navy. A total of 31 aircraft are scheduled for delivery by 2030. The NH90 Sea Tiger will be deployed for anti-surface and anti-submarine warfare missions, forming a core element of the German Navy’s future maritime combat capability.
Germany receives first NH90 Sea Tiger Read More »
AerFin, the aviation asset specialist focused on the buying, selling, leasing and repair of aircraft, engines and parts, has acquired a third B777-300ER, previously operated by Japan Airlines. The latest acquisition further strengthens AerFin’s established capability in supporting the global B777 market. The company holds extensive B777 inventory across its warehouses in the UK, the
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BAE Systems has been awarded an US$11 million contract by Korea Aerospace Industries (KAI) to integrate the AN/APX-127(V)1 Combined Interrogator Transponder (CIT) on the KF-21 Boramae aircraft. The latest Identification Friend or Foe (IFF) system enhances decision-making by enabling pilots to more effectively distinguish allied forces from potential threats in contested operational environments. Designed for
BAE Systems wins KF-21 IFF contract Read More »
Spirit Aviation Holdings has reached an agreement with its senior secured noteholders to amend its debtor-in-possession (DIP) credit agreement, enabling the previously agreed third funding round of incremental financing totalling US$100 million to be completed on December 15. Under the amended terms, US$50 million (net of original issue discount) is immediately available to the company.
Spirit advances restructuring plans Read More »
