14 August 2026

Avolon and Akasa Air have signed lease agreements for seven 737-8200s

Akasa adds up to seven 737-8200 aircraft in Avolon deal

Aircraft & Engines, Top Stories

Avolon has agreed a sale-and-leaseback transaction with India’s Akasa Air covering up to seven Boeing 737-8200 aircraft. The deal expands the aviation finance company’s existing partnership with Akasa and will support the airline’s continued fleet growth and network development in the Indian market. The 737-8200 is the highest-capacity variant of the 737-8 MAX, offering improved […]

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airBaltic shifts focus to financial stability

Financial, Top Stories

airBaltic has outlined the key elements of a revised business plan aimed at strengthening its long-term competitiveness, improving financial sustainability and maintaining connectivity for Latvia and the wider Baltic region. Approved by the airline’s Supervisory Board, the plan combines a more focused network centred on Riga, a smaller all-Airbus A220-300 fleet, stronger year-round ACMI partnerships

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Celso Ferrer

Boeing appoints Celso Ferrer Latin America President

People

Boeing has appointed former GOL Linhas Aéreas chief executive Celso Ferrer as President of Boeing Latin America and the Caribbean, effective September 4, 2026. Ferrer will be responsible for strengthening Boeing’s operations, strategy and presence across the region, as well as supporting growth opportunities throughout Latin America and the Caribbean. He joins Boeing after serving

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Collins Aerospace to support the modernisation of the US Army's Chinook helicopters

US Army taps Collins for Chinook avionics upgrade

Military & Defense

The US Army has awarded Collins Aerospace a contract worth up to US$472 million to provide engineering services supporting the modernisation and sustainment of its CH-47 Chinook fleet. The RTX business will deliver avionics upgrades designed to support the integration of new capabilities, address obsolescence and strengthen the helicopter’s avionics architecture. Collins said the work

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Sam Jackson

King Aerospace names Sam Jackson COO

People

King Aerospace has appointed aviation industry veteran Sam Jackson as Chief Operating Officer (COO). In his new role, Jackson will oversee operations across the company’s multiple sites, aligning its operational activities with its strategic objectives and supporting growth in the government, military and corporate aviation markets. Jackson brings more than 20 years of aviation leadership

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StandardAero will provide MRO services for the PW127M turboprops powering ATR 42-500/600 and ATR 72-500 platforms

StandardAero lands Precision Air PW127M MRO deal

MRO & Production

StandardAero has secured an exclusive, multi-year contract from Tanzania’s Precision Air to provide maintenance, repair and overhaul (MRO) services for the Pratt & Whitney Canada PW127M engines powering the airline’s ATR fleet. The agreement covers the PW127M turboprops installed across Precision Air’s nine ATR 42-500/600 and ATR 72-500 aircraft, extending a long-standing partnership between the

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