Peach Airways Airbus A320-200 © AirTeamImages

Ashland Place finalises two aircraft financing deals for Sirius

Ashland Place Finance LLC (Ashland Place), a commercial aviation financing platform, has completed two new financing facilities for Sirius Aviation Capital Holdings Limited (Sirius), an aircraft leasing company based in Abu Dhabi Global Market. The agreements relate to two Airbus A320-200 aircraft currently on lease to Peach Aviation Limited in Japan and Volaris in Mexico. […]

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Anders Forslund, co-founder and CEO of Heart Aerospace, announced that the company is relocating to Los Angeles © Heart Aerospace

Heart Aerospace relocates headquarters to Los Angeles

Other News

Heart Aerospace, the Swedish hybrid-electric aircraft manufacturer, has announced it is relocating its corporate headquarters from Gothenburg, Sweden, to Los Angeles, California. The strategic shift aims to support the development and testing of its forthcoming aircraft prototypes, particularly the experimental Heart X1 and the future X2 model. The company’s X1 prototype, which is scheduled for

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WLFC closes US$64.8 million in JOLCO engine financing deals

Financial

Willis Lease Finance Corporation (WLFC), the prominent lessor of commercial aircraft engines and global provider of aviation services, has announced the successful closing of three Japanese operating lease with call option (JOLCO) transactions, securing a total of US$64.8 million in financing. Two of the financings were completed in the first quarter of 2025, covering a

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flynas' new cabin with Safran next-generation seats

flynas to equip 60 new A320neo aircraft with Safran seats

MRO & Production

flynas, the low-cost Saudi air carrier, has announced the signing of an agreement with Safran, the prominent manufacturer of aircraft seats for both crew and passengers. The deal will see the next 60 new A320neo aircraft joining the flynas fleet fitted with the latest-generation seats, setting a new benchmark for comfort and convenience in low-cost

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EASA: COMAC’s C919 certification could take up to six years

Other News

Europe’s aviation regulator, the European Union Aviation Safety Agency (EASA), has said it may take between three and six years to certify COMAC’s C919 narrow-body jet for use in European airspace, Reuters reported on Monday, citing an interview with EASA executive director Florian Guillermet published in L’Usine Nouvelle. The C919, which aims to rival Airbus

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Avolon’s net income up 36% in Q1 2025

Financial

Avolon, the global aviation finance company, has reported strong financial results for the first quarter (Q1) of 2025, with net income rising 36% year-on-year to US$145 million. Lease revenue reached US$683 million, a 10% increase compared with Q1 2024. The company generated robust operating cash flow of US$365 million, up 8% year-on-year. During the quarter,

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Lufthansa Group reports stronger Q1 2025 performance despite ongoing challenges

Financial

The Lufthansa Group reported a 10% year-on-year revenue increase in the first quarter of 2025 (Q1 2025) reaching €8.1 billion. While the company recorded an adjusted EBIT loss of €722 million, this marked a significant improvement over last year’s €849 million loss. However, the Group’s net result declined to -€885 million from -€734 million. Operational

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Dr Christian Leifeld and Dr Janna Schumacher

Dr Christian Leifeld, Dr Janna Schumacher join LHT Executive Board

People

The Executive Board of Lufthansa Technik AG will welcome two new members effective May 1, 2025: Dr Christian Leifeld will assume the role of Chief Financial Officer, while Dr Janna Schumacher becomes the new Chief Human Resources Officer. The company’s Supervisory Board appointed both individuals for an initial three-year term, simultaneously expanding the Executive Board

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India has signed an official order for 26 Rafale Marine jets © Dassault Aviation

India signs deal for 26 Rafale Marine Jets

Military & Defense

The Inter-Governmental agreement between India and France was signed on April 28, paving the way for the official signing—witnessed by Dassault Aviation Chairman and CEO, Éric Trappier—of the contract for India’s acquisition of 26 Rafale Marine aircraft to equip the Indian Navy. This contract follows the announcement in July 2023 of the Rafale Marine’s selection,

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Airbus secures key Spirit AeroSystems assets to strengthen aircraft production

Financial

Airbus has finalised a definitive agreement with Spirit AeroSystems to acquire industrial assets related to its commercial aircraft programmes. Under this agreement, Airbus will take ownership of several key Spirit AeroSystems assets. These include the Kinston site in North Carolina, US, which produces A350 fuselage sections, and the St. Nazaire site in France, which also

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Heike Tamm

Ashland Place finalises two aircraft financing deals for Sirius

Heart Aerospace relocates headquarters to Los Angeles

WLFC closes US$64.8 million in JOLCO engine financing deals

flynas to equip 60 new A320neo aircraft with Safran seats

EASA: COMAC’s C919 certification could take up to six years

Avolon’s net income up 36% in Q1 2025

Lufthansa Group reports stronger Q1 2025 performance despite ongoing challenges

Dr Christian Leifeld, Dr Janna Schumacher join LHT Executive Board

India signs deal for 26 Rafale Marine Jets

Airbus secures key Spirit AeroSystems assets to strengthen aircraft production

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