SalamAir partners with MAI to set up first wheels and brakes facility in Oman

SalamAir has signed a ten-year memorandum of understanding (MoU) with Mach Aerospace International (MAI) to set up an aircraft wheels and brakes maintenance centre in Oman. Under the deal, SalamAir will provide MAI with a full set of specialised wheels and brakes shop tools. MAI will build and operate the new facility at Muscat International […]

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American Airlines posts record revenue but reports quarterly loss

Financial

American Airlines Group has announced its financial results for the third quarter of 2025, reporting record revenue of US$13.7 billion. Despite the strong performance, the airline posted a GAAP net loss of US$114 million, equivalent to US$(0.17) per diluted share. Excluding net special items, American Airlines reported an adjusted net loss of US$111 million, also

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Global airline giants take minority stakes in WestJet

Financial

Onex Partners and WestJet have finalised the sale of minority equity stakes in the Canadian carrier to Delta Air Lines, Korean Air, and Air France-KLM. The sale marks a new chapter in WestJet’s international partnerships while keeping control with Onex Partners, the private equity platform of Onex Corporation. The transaction, first announced on May 9,

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Rita Flaherty, Vice President at GE Aerospace’s Defence & Systems and Hanwha Aerospace President Sun Kim © GE Aerospace

Hanwha Aerospace orders more GE engines for military aircraft

Military & Defense

Hanwha Aerospace (Hanwha) has signed a new agreement with GE Aerospace to purchase more T700 and F404 engine kits. These engines will power Korea Aerospace Industries’ Surion helicopter and the T-50, TA-50, and FA-50 Golden Eagle jet trainers and light attack aircraft. Under the deal, Hanwha will receive 88 T700 kits and 40 F404 kits.

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Airbus predicts world freighter fleet to grow 45% by 2044

Airbus forecasts 45% growth in global freighter fleet by 2044

Aircraft & Engines

Airbus’ 2025 Cargo Global Market Forecast (GMF) projects the worldwide fleet of dedicated freighter aircraft will grow to 3,420 over the next 20 years, a 45% increase. This total will include 815 existing freighters and 2,605 additional ones. Of the 2,605 new freighters, 1,530 will replace older aircraft, while 1,075 will support fleet growth. These

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APS launches first Collins 568F propeller overhaul in Asia

MRO & Production, Uncategorized

Aircraft Propeller Service (APS) has completed its first overhaul of Collins Aerospace 568F propeller blades at its new MRO facility in Malaysia. It marks the first time this propeller type has been serviced within the region. Until now, all Collins 568F propellers had to be shipped to North America or Europe for overhaul. With APS’s

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Airbus, Leonardo and Thales unite to forge a new European space power

Other News

Airbus, Leonardo and Thales have signed a memorandum of understanding to merge their space activities into a single company. By joining forces, the three giants aim to bolster Europe’s strategic autonomy in space. This vital sector supports telecommunications, navigation, earth observation, science, exploration and national security. The new venture will also act as a trusted

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ATG's flagship product, the aerBlade® system © ATG

Bain Capital acquires Aerospace Technologies Group (ATG)

Financial

Jamco Corporation (Jamco), a Bain Capital portfolio company and Japan’s top manufacturer of aircraft cabin interiors, has announced the acquisition of Aerospace Technologies Group (ATG) by Bain Capital. The global investment firm manages assets worth around US$185 billion. Founded in 1998, ATG is a developer and supplier of window shade systems for both private and

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The latest deals involved the sale-and- leaseback of two new Embraer E195-E2 jets, delivered and leased to Canada’s Porter Airlines © AirTeamImages

Ashland Place builds momentum with Fortress and GOAL on fourth aircraft deal

Financial

Ashland Place Finance (Ashland Place) has completed its third and fourth aircraft financing facilities with affiliates of Fortress Investment Group and GOAL Aircraft Leasing. The deals involve the sale and leaseback of two new Embraer E195-E2 jets, delivered directly from Embraer and leased to Canada’s Porter Airlines. These latest transactions follow two similar financings announced

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Lockheed Martin’s US$179 billion backlog powers new phase of growth

Financial

Lockheed Martin has reported a robust third quarter for 2025, with sales reaching US$18.6 billion, up from US$17.1 billion a year earlier. Net earnings remained steady at US$1.6 billion, or US$6.95 per share, slightly higher than the US$6.80 per share recorded in the same period of 2024. Cash from operations rose sharply to US$3.7 billion,

Lockheed Martin’s US$179 billion backlog powers new phase of growth Read More »

Heike Tamm

SalamAir partners with MAI to set up first wheels and brakes facility in Oman

American Airlines posts record revenue but reports quarterly loss

Global airline giants take minority stakes in WestJet

Hanwha Aerospace orders more GE engines for military aircraft

Airbus forecasts 45% growth in global freighter fleet by 2044

APS launches first Collins 568F propeller overhaul in Asia

Airbus, Leonardo and Thales unite to forge a new European space power

Bain Capital acquires Aerospace Technologies Group (ATG)

Ashland Place builds momentum with Fortress and GOAL on fourth aircraft deal

Lockheed Martin’s US$179 billion backlog powers new phase of growth

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