Ontic, a prominent provider of complex engineered parts for the global aerospace and defence industries, has announced the appointment of Gareth Parkin as its new global Chief Financial Officer (CFO). Parkin will officially take on the role on February 14, 2025, following a comprehensive transition period with the outgoing CFO, Toby Woolrych. Based at Ontic’s […]
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Flydocs has entered a five-year agreement with Avianca, Latin America’s largest airline, to digitise and optimise the records and asset management of its fleet of over 140 aircraft. As part of this partnership, the airline will implement flydocs’ enhanced Digital Records Management (DRM) platform, integrating it seamlessly into its operations. This collaboration complements Avianca’s existing
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Embraer has reported that it achieved a total of 206 aircraft deliveries in the full year of 2024, a 14% increase over the 181 delivered in 2023. The company delivered 75 aircraft in the fourth quarter of 2024 (4Q24), a 27% rise compared to the 59 deliveries in the third quarter (3Q24) and matching the
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Veryon, a provider of aviation information services and software solutions, has acquired RCMBT, a Canada-based provider of parts reliability analytics for OEMs, regional airlines and cargo operators. With over 20 years of expertise, RCMBT specialises in advanced decision-support technologies designed to enhance fleet reliability and performance. This strategic acquisition aims to bolster Veryon’s portfolio by
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AAR Corporation has reported second quarter (Q2) fiscal year 2025 results. Consolidated second-quarter sales rose by 26% to US$686.1 million, compared to US$545.4 million in the same period last year. This increase reflects a 30% growth in consolidated sales to commercial customers, driven by the acquisition of the Product Support business and robust demand across
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Dubai Aerospace Enterprise (DAE) has announced the signing of a definitive agreement to acquire 100% of the Nordic Aviation Capital group (NAC), an aircraft leasing company established over 30 years ago. Financial terms of the transaction were not disclosed. As of September 2024, NAC’s fleet consisted of 252 owned and committed assets leased to around
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ECS Group has inked a total cargo management (TCM) contract with JetSMART Airlines, South America’s low-cost carrier group. The contract, which began on January 1, 2025, marks the first-ever TCM agreement with a regional airline in South America. JetSMART Airlines operates under four national air operator certificates (AOCs)—in Chile, Colombia, Peru, and Argentina—covering extensive domestic
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Qatar Executive, the private jet charter division of Qatar Airways Group, has added two more Gulfstream G700 aircraft to its fleet, increasing its total fleet size to 24. This latest delivery brings the number of G700s in Qatar Executive’s fleet to six, with four more scheduled for delivery in 2025 and early 2026. The company’s
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In December 2024, Norwegian Air Shuttle (Norwegian) and Widerøe transported a combined total of 1,769,513 passengers, with Norwegian carrying 1,476,256 and Widerøe 293,257. For the year, more than 26.4 million passengers travelled with the two airlines, marking a significant achievement for the group. Norwegian’s capacity, measured in available seat kilometres (ASK), rose by 24% year-on-year
Norwegian and Widerøe post strong passenger numbers for December Read More »
Monolith, an artificial intelligence (AI) software provider for engineering teams, has partnered with Vertical Aerospace (Vertical), a global pioneer in zero-emission aviation. The collaboration aims to optimise testing and simulation processes for Vertical’s eVTOL aircraft, improving performance and accelerating the VX4’s journey to market. Developing eVTOL aircraft is notoriously complex, with flight and ground tests
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