AviTrader sponsorship ad

Reliance Aircraft International acquires 757-200ER and 737-300 for disassembly

Reliance Aircraft International, Austin, Texas acquired ex-Delta 757-200ER and ex-Southwest Airlines 737-300 for disassembly and parts resale. Formed in 2011, RAI specializes in aircraft purchase for disassembly, inventory parts consignment and inventory evaluation of all fleet types. “RAI has exceeded projections and expectations for revenue and acquisitions (seven aircraft; A300-600, 757, 737-300/400 and MD82) in our first year and half of being in business” said Terry Hix, RAI President and Co-Founder.

Sanad announces strategic sale transaction with CFM Materials

Tuesday May 14, 2024

The deal was announced during the International Society of Transport Aircraft Trading (ISTAT) Asia in Hong Kong

Sanad, a wholly owned subsidiary of Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), has unveiled a strategic transaction with CFM Materials, the largest provider of used serviceable components for CFM International engines, during... Read More »

Alaska Airlines and Horizon Air announce leadership promotions

Tuesday May 14, 2024

The boards of directors of Alaska Airlines and Horizon Air have announced two leadership additions, promoting two industry veterans into significant roles at each airline. Alaska Airlines has promoted Shane Jones, a 20-year industry veteran, to Senior Vice Pre... Read More »

Fraport Group continues to grow in first quarter of 2024

Tuesday May 14, 2024

The Fraport Group started the 2024 fiscal year successfully, with all key financial indicators achieving at least double-digit growth rates during the first quarter of 2024 (ending 31 March).The main driver of this positive trend was continued passenger growth... Read More »

LHT to support Eurowing's A320-family fleet

Tuesday May 14, 2024

Eurowings currently operates an all-Airbus A320-family fleet of more than 100 aircraft

Lufthansa Technik (LHT) is to provide comprehensive base maintenance support for Eurowings’ Airbus A320-family fleet. The agreement was recently signed with Eurowings Technik, the airline’s technical operations department. Two exclusive lines at Lufthansa ... Read More »

Lilium in advanced talks with French Government for production expansion

Tuesday May 14, 2024

Lilium is in talks with the French Government to establish a production site in France © Lilium

Lilium has confirmed it is in advanced discussions with the French government regarding plans to expand its high-volume production capacity by establishing an industrial footprint in France, along with potential government subsidies and loan guarantees. This f... Read More »

P&WC's PW545D engine receives Transport Canada type certification

Tuesday May 14, 2024

Pratt & Whitney Canada’s (P&WC) PW545D engine is one step closer to entry into service with type certification granted on May 9, by Transport Canada Civil Aviation. In May 2023, Textron Aviation announced its new Cessna Citation Ascend business j... Read More »

Emirates Group achieves record profits, revenue and cash balance in 2023-24

Monday May 13, 2024

An Emirates' Airbus A380 flying over Dubai

The Emirates Group has unveiled its 2023-24 annual report, marking new milestones in profit, revenue and cash reserves. Both Emirates and dnata witnessed notable increases in profit and revenue during 2023-24, reflecting the Group’s global expansion effo... Read More »

Airbus Helicopters supports French Sécurité Civile and Gendarmerie fleet

Monday May 13, 2024

EC145 helicopter operated by the French Gendarmerie air forces

Airbus Helicopters, in partnership with Babcock, has secured a contract to maintain 48 EC145s operated by the French Ministry of Interior. The 12-year agreement, commencing this year, was inked with the Direction de la Maintenance Aéronautique (DMAé), the bo... Read More »

SIA Engineering Group posts net profit of SG$97.1 million for financial year e2024

Monday May 13, 2024

The SIA Engineering Group has unveiled its financial performance for the fiscal year ending March 31, 2024, reporting a revenue of SG$1,094.2 million. This represents a notable increase of 37.5% compared to the previous year, driven by a sustained recovery in ... Read More »

Condor's new A320neo embarks on maiden voyage

Monday May 13, 2024

The inaugural commercial flight of Condor's Airbus A320neo took to the skies on May 10, 2024

The inaugural commercial flight of Condor’s freshly minted A320neo, bearing the registration D-ANCZ, took to the skies from Frankfurt, Germany, to Heraklion, Greece, on May 10, operating under flight number DE1662. Subsequent flights to Fuerteventura, Gr... Read More »

airBaltic celebrates milestone in construction of Baltic Cargo Hub

Monday May 13, 2024

Representatives from airBaltic, UPB Nams, the Ozola un Bula architect office and RIX Riga Airport, with the time capsule at the construction site of the new Baltic Cargo Hub

Latvian national airline airBaltic, in collaboration with UPB Nams, the Ozola un Bula architect office, and RIX Riga Airport, marked a significant milestone in the development of the Baltic Cargo Hub by inserting a time capsule. The Baltic Cargo Hub, poised to... Read More »

SIAEC appointed strategic partner by Air India for base maintenance facilities development

Monday May 13, 2024

SIAEC has been chosen by Air India as a strategic partner

SIA Engineering Company (SIAEC) has been appointed by Air India as the strategic partner for base maintenance (BM) facility development in Bangalore, India. In collaboration with Air India, SIAEC will oversee the planning, construction and operationalisation o... Read More »

IAG reports strong performance for the first quarter, despite global challenges

Friday May 10, 2024

Demand for travel has bolstered International Airlines Group‘s (IAG) performance in the first quarter, with passenger revenue per available seat kilometre (ASK) rising by 4.4% compared to the same period in 2023. This increase was attributed to the timin... Read More »

C&L Aerospace expands global reach with new warehouse in Johannesburg

Friday May 10, 2024

The new warehouse in South Africa © C&L Aviation Group

C&L Aerospace, a subsidiary of the C&L Aviation Group, has inaugurated a new warehouse in Johannesburg, South Africa, slated to be fully operational by July 2024. Positioned strategically between Johannesburg’s two main airports, O. R. Tambo Inte... Read More »

Frontier Airlines, Volaris renew code-share agreement

Friday May 10, 2024

Ultra-low fare carrier Frontier Airlines has reinstated its code-sharing agreement with the Mexico City-based airline Volaris. Commencing May 8, 2024. Frontier customers will have the opportunity to book travel between the U.S. and Mexico via the codeshare for... Read More »

airBaltic unveils Technical Academy

Friday May 10, 2024

Latvian flag carrier airBaltic has reported the inauguration of the airBaltic Technical Academy – a leading-edge training venture tailored for individuals aspiring to embark on or enhance their careers in aircraft maintenance. The academy is currently open f... Read More »

Louis Philippe Mallette to become President of AJW Technique

Friday May 10, 2024

AJW Group has promoted Louis Philippe Mallette to the position of President of AJW Technique, AJW Group’s premier maintenance repair and overhaul (MRO) facility situated in Montreal, Canada. With over 25 years of international operational and strategic exper... Read More »

Crestone and Atalaya secure and lease two Airbus A320s

Friday May 10, 2024

Crestone Air Partners and Atalaya Capital Management have acquired two A320ceos currently leased to SmartLynx © AirTeamImages

Crestone Air Partners, an aviation asset management platform, has acquired two A320ceo aircraft in partnership with Atalaya Capital Management. This move highlights Crestone’s dedication to expanding its narrow-body portfolio with top-tier aircraft lease... Read More »

AerCap unveils new CFM LEAP engine deal at 2024 Capital Markets Day

Thursday May 9, 2024

AerCap has ordered 150 new CFM LEAP engines © CFM International

AerCap Holdings N.V. (AerCap) hosted its 2024 Capital Markets Day in New York on May 8, 2024. AerCap’s CEO Aengus Kelly, along with other senior leaders, were discussing the company’s strategic priorities and outlook for the near and longer term. I... Read More »

GE Aerospace advances adaptive engine testing for future combat fighters

Thursday May 9, 2024

GE Aerospace has announced the completion of the next series of testing on its XA100 adaptive cycle engine, marking a step forward in advancing this next-generation technology for future combat aircraft. Adaptive cycle engines play a crucial role in ensuring U... Read More »