SIA Engineering Company (SIAEC) and Safran Aircraft Engines (SAE) have signed a joint venture agreement to establish a dedicated CFM LEAP engine MRO facility in Singapore. The new venture will support LEAP-1A and LEAP-1B engines, marking a significant milestone in the partnership following the letter of intent signed in November 2025 to strengthen LEAP engine […]
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AerFin has completed the acquisition of its 450th whole asset, marking a key milestone in the company’s growth as a trusted partner in the global aviation aftermarket. The achievement reflects the scale of AerFin’s origination and trading activity, alongside its disciplined approach to investing in assets that deliver long-term value. It also highlights the company’s
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New Horizon Aircraft has appointed Richard Alexander as Chief Engineer of Certified Programmes as the company advances work on its hybrid-electric vertical take-off and landing aircraft, the Cavorite X7. Alexander will support Horizon Aircraft’s certification strategy, engineering development and commercialisation planning as the programme moves towards a certifiable and operationally ready aircraft. He will work
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Riyadh Air has taken delivery of its first two Boeing 787 Dreamliners, marking a significant milestone as the Saudi Arabian carrier moves closer to launching commercial operations. The arrival of the airline’s first custom-built aircraft represents a major step in the development of both Riyadh Air and Saudi Arabia’s broader aviation ambitions. Tony Douglas, Chief
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SkySelect, an AI-powered parts procurement platform, has announced a strategic partnership with Armac Systems, a specialist in aviation inventory optimisation. The collaboration is designed to tackle one of aviation MRO’s most persistent supply chain challenges: connecting inventory planning with procurement execution. It aims to help operators and MRO providers understand not only what to buy,
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Bain Capital has launched JB Aircraft Finance, LLC, a new corporate jet financing and leasing platform focused on the mid-life business aircraft market. The venture has been established in partnership with aviation industry veteran Thomas Garbaccio and Miami-based Brickell Asset Management. JB Aircraft Finance aims to address a longstanding gap in corporate aviation by providing
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