GA Telesis is strengthening its fleet portfolio with the acquisition of 23 Spirit Airways Airbus aircraft

GA Telesis to purchase 23 Airbus aircraft from Spirit Airlines

GA Telesis, LLC, has signed a definitive purchase agreement for 23 used Airbus A320ceo and A321ceo aircraft from Spirit Airlines. This acquisition marks a significant milestone for GA Telesis, representing the company’s largest transaction involving non-leased aircraft of similar vintages. The aircraft, manufactured between 2014 and 2019, are powered by V2527-A5 and V2533-A5 Select-One™ jet […]

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TurbineAero has been acquired by Snow Peak Capital © TurbineAero

Snow Peak Capital acquires TurbineAero for global MRO growth

Financial

Snow Peak Capital, LLC, a private equity firm specialising in middle-market investments, has acquired TurbineAero, Inc., the independent provider of MRO services for aircraft auxiliary power units (APUs) and other aero engine components. The acquisition was made from The Gores Group, a global investment firm, though specific financial details were not disclosed. TurbineAero, founded in

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BP Aero gains GE CF34-10 engine maintenance authorisation

MRO & Production

BP Aero, a provider of engine maintenance, repair, and overhaul (MRO) services, has obtained new authorisation and execution of GE Aerospace’s CF34-10 technical data licence. This advancement enhances BP Aero’s service portfolio within the ITP Aero group and strengthens the company’s position for future growth in providing full engine lifecycle propulsion services. Securing the CF34-10

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Lilium N.V. announces insolvency filing for German subsidiaries amid funding setback

Financial

Lilium N.V., the electric aircraft manufacturer, has confirmed that its principal German subsidiaries will initiate applications for self-administration proceedings in the coming days. This move follows a protracted and complex government approval process for a loan from KfW, which was ultimately declined by the Budget Committee of the German Parliament. As Lilium’s international competitors benefit

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TARMAC Aerosave and EastMerchant signed the new recycling contract at the MRO Europe in Barcelona © TARMAC Aerosave

TARMAC Aerosave, EastMerchant to recycle A380 aircraft

MRO & Production

At the Aviation Week Network’s MRO Europe in Barcelona, a significant contract was signed between TARMAC Aerosave, a French aircraft recycling specialist, and EastMerchant, a German aviation services provider. This agreement is centred on the dismantling and recycling of three Airbus A380 aircraft, which will take place at TARMAC Aerosave’s Tarbes facility in France over

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AFI KLM E&M will provide maintenance support for Air Europa's Boeing 787s

AFI KLM E&M and Air Europa sign maintenance contract for Boeing 787 fleet

MRO & Production

Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) and Air Europa have signed a new contract for comprehensive maintenance support for Air Europa’s Boeing 787 aircraft. Effective from March 1, 2024, this agreement underscores AFI KLM E&M’s commitment to delivering exceptional value and service excellence. It also strengthens the longstanding relationship between the

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GE Aerospace secures ten-year agreement with Emirates

MRO & Production

GE Aerospace has announced a ten-year, multi-million-dollar services agreement with Emirates, focusing on the electrical load management system for its Boeing 777 fleet. This agreement is supported by GE Aerospace’s operations in Cheltenham, UK. Emirates is the largest operator of the Boeing 777, boasting a fleet of 143 aircraft. Electrical load management systems are crucial

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Qantas pilot in the flight deck © Qantas

Qantas invests in safety academy and pilot scholarships

Other News

Qantas will establish an Australian-first safety academy in partnership with Griffith University and RMIT University, providing safety education credentials aimed at upskilling safety professionals and developing safety leaders across all industries. The Qantas Group Safety Academy is set to launch in 2025, initially offering safety-related micro-credentials in areas such as safety culture, risk management, data

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Vikram Singh, Director of New Services, Revima, Olivier Legrand, President and CEO of Revima, Adnan Mansur, Head of Digital & Innovation Services, ADE © ADE

Strategic partnership between ADE and Revima to boost digital fleet management

Information Technology

Asia Digital Engineering (ADE) has entered into a strategic collaboration with Revima to enhance ADE’s digital fleet management platform, ELEVADE™, by integrating Revima’s advanced APU predictive maintenance solution, PREDICARE. The signing ceremony took place at Aviation Week Network’s MRO Europe, the leading event for the commercial aviation aftermarket. Revima, a well-known independent specialist in auxiliary

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Boeing reports US$17.8 billion revenue with significant Q3 losses

Financial

Boeing has reported third-quarter revenue of US$17.8 billion, with a GAAP loss per share of (US$9.97) and a core loss per share of (US$10.44), primarily due to the IAM work stoppage and charges on commercial and defence programmes. The company posted negative operating cash flow of (US$1.3 billion) and free cash flow of (US$2.0 billion).

Boeing reports US$17.8 billion revenue with significant Q3 losses Read More »

Heike Tamm

GA Telesis to purchase 23 Airbus aircraft from Spirit Airlines

Snow Peak Capital acquires TurbineAero for global MRO growth

BP Aero gains GE CF34-10 engine maintenance authorisation

Lilium N.V. announces insolvency filing for German subsidiaries amid funding setback

TARMAC Aerosave, EastMerchant to recycle A380 aircraft

AFI KLM E&M and Air Europa sign maintenance contract for Boeing 787 fleet

GE Aerospace secures ten-year agreement with Emirates

Qantas invests in safety academy and pilot scholarships

Strategic partnership between ADE and Revima to boost digital fleet management

Boeing reports US$17.8 billion revenue with significant Q3 losses

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