Heike Tamm

The HAECO Group has announced management changes at its Airframe Services division

HAECO Group makes leadership changes at Airframe Services division

People

The HAECO Group has announced several senior management changes within its Airframe Services division to reinforce its commitment to delivering top-tier MRO services to its customers. Following Jacqueline Jiang’s transition within the Swire group to the role of Chair, Chinese Mainland of John Swire & Sons (China), Ben Scheidel will succeed her and join the […]

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Rendering of the E-7A AEW&C Wedgetail aircraft © Boeing

Boeing secures US$2.56 billion Wedgetail aircraft contract

Military & Defense

Boeing has been awarded a US$2.56 billion contract by the U.S. Air Force to develop two rapid prototype E-7A AEW&C Wedgetail aircraft. The contract encompasses lifecycle development, training and support for the Air Force’s E-7A fleet. The combat-proven E-7A Wedgetail delivers advanced tracking and battle management command-and-control capabilities, providing joint forces with a “first to

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Qantas will invest in a new nature-based credit fund

Qantas joins forces to back high-integrity carbon fund in Australia

Other News

Qantas has joined Rio Tinto and BHP as foundational investors in a new fund aimed at developing high-integrity, nature-based carbon projects across Australia. Managed by Silva Capital—a joint venture between investment managers Roc Partners and C6 Investment Management—the Silva Carbon Origination Fund aims to raise AU$250 million to originate and manage high-integrity Australian Carbon Credit

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airBaltic will adopt AMOS to streamline and enhance its aircraft maintenance operations © Swiss-AS

airBaltic to implement AMOS Airline/MRO edition

Information Technology

Swiss AviationSoftware (Swiss-AS) has announced the commencement of the AMOS implementation project at airBaltic. The Latvian national airline will adopt AMOS to streamline and enhance its aircraft maintenance operations. The decision to opt for AMOS followed a rigorous evaluation process. After considering various alternatives, AMOS was chosen for its robust capabilities, flexibility and alignment with

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Archer’s high-volume manufacturing facility in Covington, GA

Archer secures fresh investment from Stellantis

Financial

Archer has announced an agreement in principle on key terms for its contract manufacturing relationship with Stellantis. Building on the nearly US$300 million Stellantis has already invested, including US$55 million in July 2024, the company plans to fund additional costs to support Archer’s manufacturing goals. Stellantis will finance up to approximately US$370 million of the

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The deal between Quadrant Pilot and ProSim was sealed at this year's Farnborough Airshow © Quadrant Pilot

Quadrant Pilot acquires ProSimA322 cockpit trainer

Other News

Quadrant Pilot, based in Burgess Hill, UK, and ProSim Training Solutions (ProSim), headquartered in Delft, The Netherlands, have announced the expansion of their partnership with the purchase of a Skalarki-built ProSimA322 Cockpit Procedures Trainer (CPT). The new trainer will be equipped with ProSim’s Virtual Instruction XR tool (ViXR). This agreement was finalised at the Farnborough

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Aergo Capital has completed the purchase and lease-back of eight Boeing 737-800 aircraft with WestJet © AirTeamImages

Aergo Capital acquires and leases back eight aircraft to WestJet

Aircraft & Engines

Aergo Capital Limited has successfully completed the purchase and lease-back of eight Boeing 737-800 aircraft to WestJet. This transaction marks Aergo’s first collaboration with WestJet, adding a Canadian carrier to its client portfolio. The addition of these eight aircraft further expands Aergo’s growing fleet, strengthening its presence in the aviation leasing market. WestJet views this

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EuroaviaAirlines has leased one Boeing 767-300 converted freighter © Boeing

Euroavia Airlines leases one Boeing 767 Freighter from CAM

Aircraft & Engines

Euroavia Airlines, a cargo carrier headquartered in Larnaca, Cyprus, has leased a Boeing 767-300 converted freighter from Cargo Aircraft Management (CAM), a subsidiary of Air Transport Services Group. The aircraft was secured through a sublease arrangement with New York-based SLG Worldwide. Mike Berger, the Chief Executive Officer of ATSG, highlighted the significance of this arrangement,

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Embraer delivered 47 jets in 2Q24 © Embraer

Embraer sees strong growth in 2Q24 with surge in deliveries and revenue

Financial

In the second quarter of 2024, Embraer delivered 47 jets, marking an 88% increase from the 25 aircraft delivered in the first quarter. Of these deliveries, 27 were executive jets—20 light and seven medium—19 were commercial jets, and one was a multi-mission C-390 Millennium in Defence. The company’s firm order backlog reached US$21.1 billion in

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Qantas

Qantas reduces executive remuneration

Financial

Qantas‘ Board has finalised its decisions regarding executive remuneration for FY23, implementing significant reductions in response to recent challenges and reputational damage. Last September, the Board announced a 20% reduction in short-term incentives for members of the Group Management Committee, recognising the brand and customer impacts from various cumulative events, including operational disruptions and legal

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