Heike Tamm

Irish Department of Defence orders two Airbus C295 aircraft

Ireland’s Department of Defence has ordered two Airbus C295 medium airlifters in a maritime surveillance configuration. With this new order, the Irish Air Corps will become the 33rd C295 operator worldwide. Both aircraft will be equipped with the Fully Integrated Tactical System (FITS) and specific state-of-the-art mission sensors together with the recently announced Collins Aerospace […]

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Air Lease Corporation delivers new Airbus A321-200neo to Air Macau

Air Lease Corporation (ALC) has delivered one new Airbus A321-200neo aircraft on long-term lease to Air Macau.  This aircraft, featuring Pratt & Whitney PW1133G engines, is the first of two A321-200neo aircraft confirmed to deliver to the airline from ALC’s order book with Airbus and the first A321-200neo to deliver to the airline. 

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SIA Engineering Company signs maintenance services agreement with Safran Aircraft Engines

SIA Engineering Company (SIAEC) and Safran Aircraft Engines have signed an agreement for SIAEC to provide engine maintenance services to Safran Aircraft Engines. The ten-year agreement encompasses engine Quick Turn (QT) and modification embodiment services for both CFM LEAP-1A and LEAP-1B engines. SIAEC will set up a dedicated facility with the latest engine and QT

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Robert Keane joins Astronics Corporation’s Board of Directors

Astronics Corporation, a provider of advanced technologies for global aerospace, defense, and other mission critical industries, has reported that Robert S. Keane has joined its Board of Directors, effective December 9, 2019. Keane is Chairman and CEO of Cimpress , which provides mass customization services through its group of companies and is strategically focused on

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Southwest Airlines

Southwest reaches partial settlement with Boeing for MAX grounding compensation

Southwest Airlines (Southwest) has confirmed that it has reached a confidential agreement with The Boeing Company for partial settlement of an ongoing claim for damages the American carrier has suffered as a consequence of the grounding of the 737 MAX in March. Southwest has also confirmed its Board of Directors has authorized a discretionary, incremental

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Apollo and Athene close acquisition of GE Capital’s PK AirFinance debt business

Apollo Global Management, Athene Holding and GE Capital, the financial services arm of GE have closed their previously announced transaction for Apollo and Athene to purchase PK AirFinance, an aviation lending business, from GECAS, GE Capital’s Aviation Services unit.  In connection with this transaction, Apollo has acquired the PK AirFinance aircraft lending platform and Athene

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