Heike Tamm

Spirit AeroSystems sells FMI business for US$165 million

Financial

Spirit AeroSystems has announced a deal to sell its Fiber Materials, Inc. (FMI) business to Tex Tech Industries (Tex Tech) for US$165 million in cash, subject to customary adjustments. The transaction involves FMI’s operations in Biddeford, Maine, and Woonsocket, Rhode Island, which employ approximately 400 engineers and production staff. FMI is a leader in high-temperature […]

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SkyFive and Lufthansa Technik partner to boost A2G connectivity

Other News

SkyFive, a provider of smart inflight connectivity solutions, has partnered with Lufthansa Technik to scale the delivery of cost-effective Air-to-Ground (A2G) broadband services for commercial airlines worldwide. This collaboration, established through a new framework agreement, leverages Lufthansa Technik’s expertise in design and production to create, certify and manufacture installation kits that simplify fleet upgrades with

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Oliver Vogelgesang

Oliver Vogelgesang joins Volocopter as new CFO, ahead of market launch

People

Volocopter, a pioneer in sustainable urban air mobility, has announced the appointment of Oliver Vogelgesang as its Chief Financial Officer (CFO), effective immediately. An accomplished financial executive with extensive experience in listed companies, Vogelgesang will oversee the firm’s fundraising initiatives and solidify its financial operations in preparation for its expected aircraft certification in 2025 and

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Inauguration of the new training centre in St Peters, close to Sydney Airport

Sydney welcomes new Qantas and CAE flight training centre

Other News

Qantas and CAE have officially inaugurated a state-of-the-art training centre in St Peters, near Sydney Airport. The centre is designed to train thousands of new and existing pilots from Qantas and Jetstar annually. Developed in collaboration with global training provider CAE, the facility features five full-flight simulators, three fixed training devices and ten classrooms, with

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Spirit Airlines

Spirit Airlines files for bankruptcy protection, promises to keep flying

Financial

Spirit Airlines (Spirit), a US budget carrier, has filed for Chapter 11 bankruptcy protection after accumulating over US$2.5 billion in losses since 2020, REUTERS has reported. Despite its financial struggles, the airline has assured customers that operations will continue without disruption, including ticket bookings and loyalty programmes. The airline announced a “restructuring support agreement” backed

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GKN Aerospace has delivered the first two C-27J nacelles to Leonardo Aircraft since 2018

GKN Aerospace delivers key C-27J nacelles, revitalising supply chain

MRO & Production

GKN Aerospace has successfully delivered the first two C-27J nacelles to Leonardo Aircraft since 2018, marking a significant step forward in rebuilding its supply chain and production capabilities. The first nacelle was delivered in September, with the second following in October, aligning with Leonardo’s schedule for test flights and certification by the year’s end. This

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Breeze Airways has leased three A220-300 aircraft from SMBC

Breeze Airways signs lease agreements for three A220-300s

Aircraft & Engines

SMBC Aviation Capital (SMBC), a global aircraft leasing company, has signed lease agreements with Breeze Airways for three Airbus A220-300 aircraft. The first two aircraft are slated for delivery in November and December 2024, with the final aircraft scheduled for early 2025. These will be the first Airbus A220-300 models to join SMBC Aviation Capital’s

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Mototok adopted by FL Technics Indonesia, has been used since January 2024 at Ngurah Rai Airport, Bali

FL Technics Indonesia adopts Mototok Spacer 8600 NG technology

Other News

FL Technics Indonesia, a prominent MRO service provider in the Asia-Pacific region, has taken a major step toward sustainability and operational efficiency with the adoption of the Mototok Spacer 8600 NG technology. This advanced tow bar-less aircraft tug has been operational at the company’s Bali hangar since January 2024, making FL Technics Indonesia a pioneer

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