Heike Tamm

ADE Secures US$100m financing from QNB Group

Archer secures US$430m in funding to develop hybrid VTOL aircraft for defence applications

Archer has raised US$430 million in equity funding to support its collaboration with Anduril Industries (Anduril) on the development of hybrid vertical take-off and landing (VTOL) aircraft for defence applications and for other general corporate purposes. The new partnership with Anduril targets a potential programme with the U.S. Department of Defence (DoD) and aims to

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Boeing 737-800

AerCap expands partnership with Aloula Aviation through Boeing 737-800 Lease

AerCap Holdings N.V. has announced a new agreement to lease two Boeing 737-800 aircraft to Mukamalah Aviation Company, a subsidiary of Aramco operating as Aloula Aviation. These aircraft will support the transportation of passengers within the Aramco Group in Saudi Arabia. This partnership extends the long-standing relationship between AerCap and Aramco, which previously focused on

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FiberPrinting™ is an industrial winding method that allows for continuous winding of stator mats for ironless & slotless rotary & linear motors

Alva Industries wins US$1.85 million Lockheed Martin contract on advanced UAV technologies

Alva Industries (Alva), a Norwegian manufacturer renowned for its frameless motors and pioneering FiberPrinting™ technology, has secured a US$1.85 contract with Lockheed Martin. This collaboration will focus on developing cutting-edge technologies to enhance the capabilities of small Unmanned Aerial Vehicles (sUAVs) in the aviation and defence sectors. Leveraging Alva’s expertise in electric propulsion and motors,

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The new joint venture will specialise in advanced nacelle MRO services © AFI KLM E&M/ Patrick Delapierre

AAR and AFI KLM E&M to establish joint venture for nacelle MRO services

AAR CORP. and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) have partnered to establish a new joint venture focused on maintenance, repair and overhaul (MRO) services for next-generation aircraft nacelles in the Asia-Pacific region. This venture marks the second collaboration between the two companies, following a 2021 joint venture with Triumph Product

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Bahrain has ordered nine H145 helicopters for police and EMS operations

Bahrain orders nine advanced H145 helicopters for police and EMS operations

Airbus Helicopters has signed a contract with His Excellency Sheikh Rashid bin Abdullah Al Khalifa, Bahrain’s Minister of Interior, for the acquisition of nine H145 helicopters. These state-of-the-art aircraft will be utilised by the Police Aviation Command for law enforcement operations and emergency medical services (EMS), enhancing public safety and response capabilities across the kingdom.

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Air New Zealand will start testing the ALIA CX300 aircraft from April 2025 © BETA Technologies - Foto cargo version

Air New Zealand to begin electric aircraft demonstration flights in 2025

Air New Zealand is advancing its goal of introducing electric aircraft into its fleet with the announcement of a technical demonstrator programme using the battery-electric ALIA CX300 aircraft from April 2025. Manufactured by US partner BETA Technologies, the aircraft will be used to evaluate its performance in New Zealand conditions before commercial operations commence in

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Florian van Vugt

Florian van Vugt assumes new role of Corporate Finance Manager for TrueNoord

Specialist regional aircraft lessor TrueNoord has appointed aviation finance expert Florian van Vugt to the newly created role of Corporate Finance Manager. Based in TrueNoord’s Amsterdam office, Van Vugt will oversee debt structuring and refinancing activities while spearheading initiatives to diversify the company’s funding base. His responsibilities also include fostering long-term relationships with financial stakeholders

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After four years Korean Air has finally completed the take-over of Asiana Airlines

Korean Air finalises acquisition of Asiana Airlines, creating a regional aviation giant

Korean Air has completed its long-awaited acquisition of Asiana Airlines, solidifying its position as one of Asia’s largest carriers. The 1.8 trillion won (US$1.26 billion) deal, which has been in progress for four years, is the longest airline merger in history. Initially announced during the COVID-19 pandemic, the merger aimed to rescue Asiana Airlines, which

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