Avianca has secured up to US$300 million in financing to support MRO services for its CFM56 engines at GE Aerospace’s Celma facility in Brazil. The agreement, announced by Avianca, GE Aerospace and the Brazilian Agency for Management of Guarantee Funds and Guarantees (ABGF), was arranged through Citibank and backed by export credit insurance provided by […]
Avianca secures US$300m engine maintenance financing Read More »
GE Aerospace has agreed to acquire Consolidated Precision Products (CPP), a major manufacturer of highly engineered castings, from private investment firms Warburg Pincus and Berkshire Partners. Headquartered in Cleveland, Ohio, CPP supplies precision castings and sub-assemblies primarily to the commercial aerospace and defence sectors. Founded in 1991, the company is one of the world’s largest
GE Aerospace to buy precision casting specialist CPP Read More »
UK airports warned of further disruption on Wednesday after a software failure in the country’s air traffic control system grounded more than 1,000 flights and left tens of thousands of passengers stranded. Flights resumed at the UK’s busiest airports after Tuesday’s outage, but airlines faced widespread knock-on delays as aircraft and crew were repositioned, according
UK airports face further disruption after air traffic control failure Read More »
Ontic has acquired SIRS Navigation, a Kent, UK-based specialist in the design and manufacture of precision standby magnetic compasses for the global aviation industry. SIRS Navigation has been designing, manufacturing and supporting aviation magnetic compasses for more than 60 years. Its products are installed across major commercial and business aviation platforms, including fixed-wing aircraft and
Ontic acquires SIRS Navigation Read More »
Egyptian carrier Air Cairo has signed a firm order for 15 Airbus A320neo aircraft at the El Alamein International Airshow 2026, marking a major step in its long-term expansion strategy. The agreement with Air Cairo will see introduce directly owned aircraft alongside its existing leased Airbus fleet, giving the airline greater flexibility as it expands
Air Cairo places order for 15 Airbus A320neos Read More »
Aviation Capital Group (ACG), a global full-service aircraft asset manager, has delivered a new Boeing 737-8 to Trinity Airways (Trinity), formerly T’way Air, a South Korean selective-service carrier. Delivered from ACG’s orderbook, the aircraft is the first to enter service featuring the airline’s new brand identity and distinctive Trinity grey and rose-gold livery. It will
Trinity takes delivery of first Boeing 737-8 in new livery Read More »
