Aircraft leasing and asset management company Altavair is reshuffling its senior leadership, with CEO Steve Rimmer set to become Executive Chairman from January 1, 2027. Matt Hoesley, who joined Altavair in 2005, will succeed Rimmer as CEO and President. Dimitrios Kotinis will become Chief Commercial Officer, overseeing marketing, trading, pricing, risk and capital markets. Rimmer […]
Altavair names new CEO in leadership shake-up Read More »
Ontic has acquired Wichita-based Aero-Mach companies, adding the aerospace group’s manufacturing, distribution and aftermarket capabilities to its portfolio. Aero-Mach, which has more than 50 years of aviation experience, comprises three specialist businesses: Aero-Mach Labs, Aero-Mach Wilco and Aero-Mach TCO. Aero-Mach Labs provides aerospace manufacturing, technical services and repair and overhaul capabilities, while Aero-Mach Wilco distributes
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FL Technics Indonesia has signed a service support agreement with GE Aerospace covering avionics systems for Boeing 737 and Airbus A320 aircraft at its facilities in Jakarta and Bali. The agreement makes FL Technics Indonesia the first MRO provider in Indonesia to partner with GE Aerospace under the arrangement. The deal was signed at MRO
FL Technics Indonesia to partner with GE Aerospace under new avionics agreement Read More »
Pegasus Airlines has completed its acquisition of Czech Airlines and Smartwings Group after securing all required regulatory approvals and meeting customary closing conditions. The deal expands Pegasus’s international footprint and brings together two established airline businesses with complementary networks and operations. The combined fleet exceeds 175 aircraft, with further growth supported by firm orders for
Pegasus completes Czech Airlines, Smartwings Group takeover Read More »
GD Helicopter Finance (GDHF) has secured more than €125+ million in financing from the Landesbank Hessen-Thüringen Girozentrale (Helaba) and BayernLB, with support from Bpifrance, to fund the acquisition of new Airbus helicopters in 2026 and 2027. The financing agreements will support the company’s purchase of multiple factory-new Airbus H175 and H160 helicopters. The facility was
GDHF secures €125+ million financing for helicopter fleet expansion Read More »
Aero Norway, an ITP Aero company specialising in MRO of CFM56 engines, has signed a multiyear agreement with GE Aerospace to perform shop visits on high-pressure turbine components for CFM LEAP-1A and LEAP-1B engines. The deal is Aero Norway’s first of its kind and marks a step in the company’s expansion into the CFM LEAP
Aero Norway, GE Aerospace sign LEAP MRO deal Read More »
