Condor is set to broaden its flight schedule in summer 2025, adding eight vibrant cities ideal for city breaks. From Frankfurt, Condor will offer one daily flight each to Rome (FCO), Milan (MXP), Prague (PRG), Vienna (VIE), Zurich (ZRH), Berlin (BER), Hamburg (HAM), and Munich (MUC), inviting passengers to explore a rich variety of cultural, […]
Condor shift focus to city travel with new European routes Read More »
Crestone Air Partners (Crestone), a comprehensive aviation asset management platform, has announced its acquisition of a Boeing 737-800 aircraft from a securitisation managed by Castlelake. The aircraft is currently on lease with MIAT Mongolian Airlines. This transaction marks the inaugural partnership between Crestone and Castlelake. Steve Williamson, Principal and Head of Trading at Crestone, commented,
Crestone Air Partners acquires B737-800 from Castlelake Read More »
Air Transport Services Group (ATSG), a major player in leasing medium wide-body freighter aircraft and air transport operations, announced it will be acquired by Stonepeak, an investment firm specialising in infrastructure, for approximately US$3.1 billion. This all-cash acquisition at US$22.50 per share represents a 29.3% premium over ATSG’s recent share price, benefiting shareholders with substantial
ATSG to go private in US$3.1 billion acquisition by Stonepeak Read More »
Ethiopian Airlines, the largest Airbus operator in Africa, has received its first A350-1000 aircraft from Airbus in Toulouse, France. This significant addition makes Ethiopian Airlines the first African carrier to operate this model, enhancing its premium-service offerings on major routes such as Washington D.C., London, Paris and Frankfurt. Currently, Ethiopian Airlines operates a fleet of
Ethiopian Airlines welcomes first A350-1000 aircraft Read More »
CAE has announced plans to increase its stake in SIMCOM Aviation Training by acquiring a majority of shares from Volo Sicuro for CA$230 million (US$165.00 million). This purchase will be funded through CAE’s credit facility and existing cash, with the transaction expected to close shortly. As part of the deal, Flexjet, a Volo Sicuro affiliate,
CAE increases stake in SIMCOM Aviation Training with CA$230m investment Read More »
Deutsche Aircraft and Pratt & Whitney Canada (P&WC) have successfully concluded a pioneering series of test flights on a D328® UpLift research aircraft powered by synthetic Fischer-Tropsch fuel, a sustainable aviation fuel (SAF) alternative designed to reduce carbon emissions and contrails. These tests, part of the UpLift-CLIM0ART project conducted in partnership with the German Aerospace
Deutsche Aircraft and P&WC complete breakthrough test flights Read More »
TP Aerospace has announced an extended long-term agreement with K-Mile Air, Thailand’s express cargo airline, to provide a comprehensive wheels and brakes programme for the airline’s fleet, including B737CL and B737NG aircraft. This agreement is an all-inclusive, cost-per-landing arrangement that simplifies maintenance and reduces operational costs, reflecting TP Aerospace’s commitment to support airlines throughout the
TP Aerospace expands partnership with Thailand’s K-Mile Air Read More »
Airbus Helicopters has secured a significant contract with SkyAlyne, a Canadian joint venture between CAE and KF Aerospace, to deliver 19 H135 helicopters for training Royal Canadian Air Force (RCAF) pilots. This is the first instance of Airbus helicopters entering service with the Canadian Armed Forces. The H135 aircraft, renowned for its advanced twin-engine capabilities
Airbus H135 helicopters to train RCAF pilots Read More »
After seven weeks on strike, Boeing’s West Coast factory workers voted on Monday to accept a new contract, marking the end of a prolonged standoff that had severely disrupted jet production. With 59% of the union members voting in favour, the new contract promises a 38% pay rise over four years, providing much-needed stability for
Boeing strike ends: workers win pay rise and bonuses Read More »
At the Marrakech Air Show 2024, Safran Aircraft Engines announced the signing of several agreements with Moroccan partners in preparation for the construction of its new LEAP engine maintenance, repair, and overhaul (MRO) facility. Scheduled to begin operations in 2026, the new shop will be located near Casablanca Mohammed V International Airport, as revealed on
Safran Aircraft Engines signs multiple agreements at Marrakech Air Show Read More »
