Heike Tamm

Finnair's Embraer E190 fleet will be retrofitted with RECARO R1 and R2 seats

IFPL Group’s Cobalt Spectrum LED lighting selected for Finnair’s fleet upgrade

Other News

IFPL Group‘s Cobalt Spectrum LED mood lighting system, complete with wireless control, has been chosen by Finnair for the cabin enhancement of its Embraer fleet. The Cobalt Spectrum LED mood lighting system enhances passenger experience by offering customisable lighting options that foster a relaxing and comfortable atmosphere during flights. With its innovative wireless technology, the […]

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igning of the LOI between Satair and Eastern Airlines Technic © Satair

Satair and Eastern Airlines Technic sign LOI to optimise fleet material management

Other News

Satair, an Airbus Services company, and Eastern Airlines Technic, a subsidiary of China Eastern Airlines (CES), have inked a letter of intent (LOI) to explore a potential collaboration. This proposed partnership will focus on delivering a comprehensive material management service for a wide range of expendable parts across CES’ entire Airbus fleet, aimed at enhancing

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AJW Group has signed a PBH contract covering Enter Air's B737NG fleet

AJW Group signs PBH agreement with Enter Air for Boeing 737NG fleet support

MRO & Production

AJW Group has signed a multi-year power-by-the-hour (PBH) agreement with Enter Air Sp., the largest private airline operating in Poland. The contract, which commenced on November 1, 2024, covers 22 Boeing 737NG aircraft and includes a comprehensive logistics solution, warehousing and stock positioning in Warsaw, Poland. With over 90 years as a trusted aviation partner,

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Østnes Helicopters has ordered ten H125 helicopters © Airbus Helicopters

Airbus Helicopters signs new contracts with Østnes Helicopters and Airtelis at European Rotors

Aircraft & Engines

Airbus and Østnes Helicopters, the official distributor for Airbus Helicopters in the Nordic countries, have announced a contract for ten Airbus H125 helicopters at this year’s European Rotors. These aircraft will join a fleet of over 150 H125s in the region, largely dedicated to utility and aerial work missions. “Nordic customers require a truly versatile

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The General Court of the European Union has dismissed Wizz Air’s objections to the support package for TAROM

TAROM wins EU court battle as Wizz Air’s challenge against state aid is dismissed

Financial

On Wednesday, November 6, budget airline Wizz Air lost its legal challenge against a capital increase for its Romanian rival TAROM, funded by the Romanian government and approved by EU competition regulators. The General Court of the European Union, Europe’s second-highest court, dismissed Wizz Air’s objections to the support package. According to REUTERS news agency,

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SIA Engineering Group reports healthy half-year results with increased revenue and profit

Financial

SIA Engineering Group (SIAEC) has released its half-year results, indicating a robust demand for maintenance, repair and overhaul (MRO) services in the first half of the financial year ending 30 September 2024. All operating segments achieved higher revenue. Group revenue rose by 12.1% year-on-year to SGD576.2 million, while Group expenditure increased at a slightly lower

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© Lilium Jet

Lilium appoints KPMG for M&A process as part of court-approved restructuring

Financial

Lilium N.V., the electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has appointed KPMG to lead an open, transparent and fair M&A process, with initial investor briefings set to begin soon. This follows a significant step in Lilium’s restructuring, as the local court in Weilheim has approved the insolvency filing of Lilium’s German

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© Shutterstock

IBA reports airlines surpassing pre-pandemic capacity as revenues and yield stabilise in 2024

Other News

IBA, the aviation market intelligence and advisory company, has reported that the airline industry has recovered from the pandemic, with the outlook for 2024 showing all regions surpassing 2019 capacity levels, while revenues and yields stabilised in 2023 and early 2024. According to IBA’s latest analysis, global passenger capacity in Available Seat Kilometres (ASKs) as

IBA reports airlines surpassing pre-pandemic capacity as revenues and yield stabilise in 2024 Read More »

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