Heike Tamm

Tex-Tech completes acquisition of Fiber Materials

Financial

Tex-Tech Industries, Inc. (Tex-Tech), a provider of high-temperature and high-performance specialty materials and coatings, has successfully completed the previously announced acquisition of Fiber Materials, Inc. (FMI), based in Biddeford, Maine and Woonsocket, Rhode Island, from Spirit AeroSystems. FMI is a prominent player in the field of high-temperature materials and reinforced composites, specialising in carbon/carbon and […]

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Azorra secures US$190 million financing with BNDES

Financial

Azorra has successfully finalised a landmark US$190 million (R$1.1 billion) financing agreement with the Brazilian Development Bank (BNDES) to fund up to eight Embraer E2 jets. This facility marks the first collaboration between BNDES and ITASCA MGA Limited, further demonstrating Azorra’s dedication to pioneering innovative financing solutions. The financing, structured under BNDES’ Exim Post-shipment Product,

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Uruguay has converted options for five A-29 Super Tucano aircraft into firm orders

Uruguay converts options for A-29 Super Tucanos into firm orders

Military & Defense

The Uruguayan Air Force (FAU) and the Uruguayan Ministry of National Defence (MDN) have converted options for five A-29 Super Tucano aircraft into firm orders. This agreement follows a commitment made in August 2024, when the FAU announced a firm order with Embraer for one aircraft alongside options, which have now been exercised. The agreement

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V-280 Valor tiltrotor aircraft © Bell

Woodward partners with Moog to support U.S. Army’s NG tiltrotor aircraft

Military & Defense

Woodward has announced an agreement with Moog, Inc. to provide position sensors for the U.S. Army’s future long-range assault aircraft (FLRAA). Bell’s innovative tiltrotor aircraft has been chosen by the U.S. Army for the FLRAA programme. Woodward’s advanced position sensors will be integrated into Moog’s pylon conversion actuators, which enable the aircraft’s pylons to transition

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Mike Heaton

DASI welcomes Mike Heaton as president

People

DASI LLC, a provider of aircraft inventory solutions, has announced the appointment of Mike Heaton as president of the company. Heaton joins DASI from Satair, where he served as Managing Director, Americas, overseeing operations across four regional sites. With his extensive leadership expertise and proven track record, Heaton’s appointment aligns with DASI’s ongoing strategy to

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ATR 72-600 aircraft in Abelo livery © ATR

Abelo expands ATR fleet with new orders and strategic upgrades

Aircraft & Engines

ATR and turboprop lessor Abelo have strengthened their collaboration through significant fleet updates. Abelo has revised its original order for ten ATR 42 STOL (short take-off and landing) aircraft, converting it into a mix of five ATR 42-600 and five ATR 72-600 models. Furthermore, the company has expanded its fleet by confirming orders for three

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Karl Fitzgibbon (l) and Lee Carey (r)

EirTrade Aviation announces key leadership promotions

People

EirTrade Aviation (EirTrade), the global aviation asset trading and material management firm headquartered in Dublin, has announced the promotion of Lee Carey to Chief Investment Officer (CIO) and Karl Fitzgibbon to Chief Operating Officer (COO). Both have demonstrated exceptional career progression during their nearly decade-long tenures at EirTrade, with their responsibilities expanding significantly over the

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Installation of AeroSHARK on Austrian Airlines' Boeing 777 © Lufthansa Technik

Austrian Airlines introduces AeroSHARK technology on Boeing 777-200ER

MRO & Production

Austrian Airlines has successfully launched its first Boeing 777-200ER, equipped with AeroSHARK surface technology, on its maiden flight. The aircraft, registered as OE-LPC, departed Bangkok International Airport yesterday night and arrived in Vienna under flight number OS26. This achievement follows the European Union Aviation Safety Agency’s (EASA) approval of AeroSHARK for the Boeing 777-200ER, enabling

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Muirhead has announced a strategic expansion into the global seat cover business © Muirhead

Muirhead launches integrated seat cover service for airlines

MRO & Production

Muirhead has announced a strategic move into the global seat cover market, offering a unique, vertically integrated service that disrupts traditional airline seating supply chains. Renowned for its sustainable leather production, Muirhead is now a fully certified provider of streamlined, end-to-end seat cover solutions for airlines and seat OEMs. The new Muirhead seat cover service

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