Turboprop aircraft lessor Abelo has acquired four ATR 72-600 and two DHC8-400 turboprops managed by Aergo Capital. The six aircraft are on lease to Emerald Airlines, Binter Canarias, National Jet Express, Citilink and Philippine Airlines, adding five new operators to Abelo’s portfolio and further diversifying its global customer base. “This transaction marks another milestone in […]
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Teledyne Controls has launched its GroundLink Edge Computing Platform (ECP) and AppLink cloud service following US Federal Aviation Administration (FAA) Supplemental Type Certificate approval for the Boeing 737 series. The new platform enables airlines to remotely deploy, update and scale onboard software applications across their fleets without aircraft downtime, hardware modifications or aircraft-level certification for
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easyJet has formally agreed to a £5.7bn take-over by US private equity firm Apollo Global Management, according to The Guardian. The airline confirmed on Thursday that it had accepted Apollo’s firm offer after rival bidder Castlelake withdrew from the race, ending the prospect of a bidding war. The deal values easyJet at £7.15 a share,
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