Heike Tamm

flynas has secured a Murabaha financing agreement with Bank AlJazira to finance the acquisition of three A320neos © AirTeam Images

flynas secures Murabaha financing agreement to acquire A320neos

Financial

flynas has announced the successful closure of a Murabaha financing agreement with Bank AlJazira worth SAR 495 million (US$132 million) to finance the acquisition of three state-of-the-art Airbus A320neo aircraft. This initiative forms part of the airline’s ongoing efforts to support the Saudi financial sector and enhance its competitiveness by developing sophisticated financial products tailored […]

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Ribbon-cutting ceremony at the new facility in Dubai © Kühne+Nagel

Kuehne+Nagel opens Rolls-Royce aircraft engine hub in Dubai

Aircraft & Engines

Kuehne+Nagel UAE has inaugurated a purpose-built hub in Dubai to streamline the delivery of Rolls-Royce aircraft engines across the Middle East. Rolls-Royce, a prominent global supplier of aircraft engines for civil aerospace, operates distribution centres in the Netherlands, the U.S., and the U.K. The expansion of its UAE facility is part of preparations for the

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Thales reports strong performance in 2024

Financial

Thales, renowned for its expertise in defence, aerospace, cybersecurity and digital technologies, delivered solid results in 2024, maintaining steady sales momentum and achieving an order intake of over €25 billion. This significant order book provides excellent visibility for all the group’s operations, reinforcing confidence in its long-term outlook. Order intake for the 2024 financial year

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Norwegian will buy ten Boeing 737-800 aircraft currently leased within its fleet

Norwegian to acquire ten Boeing 737-800 aircraft to strengthen fleet strategy

Aircraft & Engines

Norwegian has announced an agreement to purchase ten Boeing 737-800 aircraft currently leased within its fleet, with the transaction expected to close in the first quarter of 2025. The acquisition, made on favourable terms, marks a key step in securing Norwegian’s future fleet. The deal will enhance financial flexibility, align with the airline’s long-term strategy,

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AW139 helicopter for disassembly

Karen strengthens partnership with Horix Aerospace through AW139 acquisition and disassembly agreement

MRO & Production

Karen, Switzerland’s largest private helicopter MRO (maintenance, repair, and overhaul) provider, has announced the acquisition of an AW139 helicopter for disassembly. The company has also established a further consignment agreement with Horix Aerospace, under the Horix ‘Trust Consignment’ programme, to remarket the materials recovered from the disassembled helicopter. This new collaboration involves the first-ever AW139

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Air France has taken delivery of one A350-900 aircraft from ACG © AirTeamImages

Aviation Capital Group delivers Airbus A350-900 to Air France

Aircraft & Engines

Aviation Capital Group (ACG), a global aircraft asset manager, has delivered one Airbus A350-900 aircraft on long-term lease to Air France. The aircraft, powered by Rolls-Royce Trent XWB Turbofan engines, is part of a multi-aircraft sale-leaseback transaction between ACG and Air France. This delivery marks ACG’s first lease agreement with an airline to include sustainability-linked

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Donatas Dockus

FL Technics appoints Donatas Dockus as CEO for Canadian subsidiary

People

FL Technics has appointed Donatas Dockus as the new CEO of its Canadian subsidiary, Wright International, marking a strategic step to bolster its presence in the Americas. The appointment aims to leverage Dockus’ extensive global experience to expand the company’s capabilities and capitalise on growth opportunities within the Canadian aviation market. Dockus brings over a

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Spirit AeroSystems Wichita, Kansas facility © Shutterstock

Spirit AeroSystems reports fourth-quarter loss amid acquisition process

Financial

Spirit AeroSystems reported a US$577 million fourth-quarter operating loss on Friday, February 28, compared with US$215 million in operating income a year earlier, which had been bolstered by a funding agreement with key customer Boeing. The major supplier to the U.S. planemaker reported steep losses for 2024, after warning in November that there was “substantial

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Alaska Airlines

Alaska Airlines flight attendants ratify new contract

Other News

Alaska Airlines’ more than 6,900 flight attendants, represented by the Association of Flight Attendants (AFA), have ratified a new three-year contract. The agreement includes significant enhancements, such as increased pay (including boarding pay and a ratification payment), greater flexibility and scheduling improvements, better benefits, and more. This is the eighth ratified labour contract between an

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Colorful Guizhou Airlines has taken delivery of its second Airbus A320

Colorful Guizhou Airlines receives Airbus A320neo with new cabin design

Aircraft & Engines

CDB Aviation has delivered an Airbus A320-251N to Colorful Guizhou Airlines, marking the introduction of the carrier’s new cabin design, Head of Version by Colorful Guizhou Airlines. The upgraded cabin aims to enhance passenger comfort and provide an improved onboard experience. The delivery ceremony took place in Toulouse, France, on February 27, 2025, with CDB

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