AERA has arranged its first aircraft portfolio deals with Macquarie, MUFG

AERA arranges US$300 million aircraft portfolio acquisitions

Aera Aviation Capital (AERA) has arranged the acquisition of two portfolios comprising eight commercial passenger aircraft with a combined value of more than US$300 million, marking its first transaction since the company’s launch. The portfolios are made up predominantly of new-technology Airbus A320neo-family and Boeing 737 Max aircraft leased to a diversified global customer base […]

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Vertical Aerospace supports many sectors of the MRO industry, including commercial aircraft, air cargo, military and rotorcraft

First Class Air broadens MRO services with Vertical Aerospace investment

MRO & Production

First Class Air has invested in and partnered with Vertical Aerospace, an aviation MRO provider based in Bristow, Oklahoma, expanding its capabilities in complex aircraft structural repair, engineering and fabricated-part manufacturing. The deal will increase First Class Air’s technical capabilities and capacity, giving customers access to additional resources for the repair and support of complex

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Aquila Air Capital brings in David Crull as CFO

People

Aquila Air Capital, an Ireland-based engine lessor backed by funds managed by global alternative asset manager Wafra Inc., has appointed David Crull as Chief Financial Officer. Crull brings more than 25 years of experience across the airline, aviation aftermarket and aircraft-leasing sectors. He will join Aquila’s leadership team with expertise spanning the financial and operational

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The Paraguayan Air Force will add one Cessna SkyCourier to its fleet

Paraguay becomes SkyCourier’s first South American military user

Military & Defense

Paraguay’s air force has become the first military operator in South America of Textron Aviation’s Cessna SkyCourier turboprop, adding the aircraft to its existing fleet of Cessna Grand Caravans. The aircraft was funded by Itaipu Binacional, the entity jointly operated by the governments of Brazil and Paraguay, and will support relief operations and other missions

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airBaltic plans up to 700 job cuts as it reshapes business

Other News

Latvia’s national airline airBaltic is preparing to cut between 500 and 700 positions across its bases in Riga, Vilnius and Tallinn as it adjusts its operations and organisation under a new business plan, the company released. The estimate is based on current planning assumptions and could change as the process progresses. AirBaltic is consulting trade

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SR Technics Spain SAU to implement Bridgestone's easytrack solution

SR Technics cuts processing time with Bridgestone technology

MRO & Production

SR Technics has completed the rollout of Bridgestone Corporation’s (Bridgestone) easytrack solution, becoming the first MRO provider to adopt the technology, the company announced. The implementation follows a two-year joint project and extends a partnership between SR Technics Spain SAU and Bridgestone that dates back to 1999. The technology has replaced a largely manual process

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ACG has delivered the final out of six B737-8 aircraft to Royal Air Maroc

Royal Air Maroc receives sixth Boeing 737-8

Aircraft & Engines

Aviation Capital Group (ACG) has delivered a Boeing 737-8 aircraft to Morocco’s Royal Air Maroc, completing the delivery of six aircraft to the airline from ACG’s orderbook this year. The latest aircraft brings the number of 737-8s delivered by ACG to Royal Air Maroc to six in six months, supporting the carrier’s fleet renewal and

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Airhub Aviation has selected MRO-PRO for line maintenance

Airhub Aviation adopts MRO-PRO software

Information Technology

Airhub Aviation, a subsidiary of Lithuania-based GetJet Group, has signed up to use AI-driven aircraft maintenance software from MRO-PRO as the company expands its presence in the aviation maintenance market. MRO-PRO said Airhub Aviation will use its centralised digital platform to manage and coordinate line maintenance operations, providing greater visibility and automation while helping to

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Boeing wins first full-rate MH-139A Grey Wolf order

Military & Defense

Boeing has won an order for the first four full-rate production MH-139A Grey Wolf helicopters after the U.S. Air Force declared initial operating capability for the programme earlier this year, clearing the way for expanded deployment. The award brings the total number of MH-139As under contract to 42, with Boeing having delivered 27 aircraft to

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Official opening of Deutsche Aircraft’s new FAL in Leipzig © Deutsche Aircraft

Deutsche Aircraft opens Leipzig plant for D328eco production

MRO & Production

Deutsche Aircraft has officially opened a final assembly line at Leipzig/Halle Airport, marking the transition of its D328eco regional aircraft programme from development to serial production. The company said the facility, representing an investment of more than €100 million (US$114 million), will make Leipzig the production hub for the next-generation aircraft and restore aircraft manufacturing

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Heike Tamm

AERA arranges US$300 million aircraft portfolio acquisitions

First Class Air broadens MRO services with Vertical Aerospace investment

Aquila Air Capital brings in David Crull as CFO

Paraguay becomes SkyCourier’s first South American military user

airBaltic plans up to 700 job cuts as it reshapes business

SR Technics cuts processing time with Bridgestone technology

Royal Air Maroc receives sixth Boeing 737-8

Airhub Aviation adopts MRO-PRO software

Boeing wins first full-rate MH-139A Grey Wolf order

Deutsche Aircraft opens Leipzig plant for D328eco production

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