Icelandair Group has acquired a 49% stake in Fly Play Europe Holdco (FPE), giving the airline access to an additional European Air Operator Certificate (AOC) as it seeks greater operational flexibility and new international growth opportunities. Icelandair is acquiring the stake from FPE hs., a fund managed by Isafold Capital Partners, for US$686,000. FPE’s subsidiary, […]
Icelandair takes 49% stake in Maltese AOC holder Read More »
TP Aerospace has appointed Julie Løkkegaard as Chief People & Corporate Affairs Officer (CPCAO), effective August 2026. Løkkegaard has been with the company since 2017, when she joined as communications & sustainability manager. She has since held several leadership positions, most recently serving as director, strategy, HR & communications. During her tenure, Løkkegaard has built
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Dubai-based Avora Aviation has completed a sale-and-leaseback transaction with FTAI Aviation covering one Airbus A320, MSN 5931. The aircraft will be operated by Fly2Sky Airlines and is expected to enter service later in August 2026. The addition forms part of Fly2Sky’s fleet renewal and restructuring programme for the year. Avora said the transaction also supports
Avora Aviation seals A320 sale-leaseback deal with FTAI Read More »
StandardAero has expanded its business aviation airframe maintenance capabilities at Van Nuys, California, adding support for select Bombardier Global aircraft. The company’s Van Nuys MRO facility is now authorised to provide airframe inspections, repairs, structural work and avionics services for the Global Express, Global Express XRS, Global 5000, Global 6000 and Global 7500. The site
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Barnes Aerospace has completed its acquisition of Jet AirWerks, an Arkansas City, Kansas-based provider of inspection, repair, overhaul and disassembly services for commercial aeroengine components. The acquisition expands Barnes Aerospace’s component repair and overhaul (CRO) operations and strengthens its aftermarket offering. It also adds repair capabilities and technical expertise as the company targets further growth
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MACH OE, an open-ended aircraft fund, took delivery of two new Boeing 737 MAX 9 aircraft on July 29 and 30, 2026, placing both on long-term leases with United Airlines. The aircraft are the first of several targeted acquisitions planned in the coming months as MACH OE builds its seed portfolio. MACH OE was jointly
MACH OE places first seed aircraft with United Airlines Read More »
