easyJet has formally agreed to a £5.7bn take-over by US private equity firm Apollo Global Management, according to The Guardian. The airline confirmed on Thursday that it had accepted Apollo’s firm offer after rival bidder Castlelake withdrew from the race, ending the prospect of a bidding war. The deal values easyJet at £7.15 a share, […]
easyJet agrees £5.7bn take-over by US private equity firm Apollo Read More »
Catalina Aircraft Company has announced plans for a new Engineering and Technology Center (ETC) in Vero Beach, Florida, to support development of its Catalina SPAR amphibious aircraft. The multi-tenant facility will bring Catalina’s design team together with aerospace and hardtech start-ups, providing shared access to digital engineering resources, a scale wind tunnel, wave tank, and
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Azorra has acquired an Airbus A330-200 (MSN 1161) from TrueNoord, marking the latest addition to its wide-body portfolio. The aircraft is currently on lease to Maldivian Airlines, the flag carrier of the Maldives, adding a new airline customer and operating jurisdiction to the company’s global portfolio. The transaction builds on Azorra’s expansion into wide-body aircraft
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Turboprop aircraft lessor Abelo has acquired four ATR 72-600 and two DHC8-400 turboprops managed by Aergo Capital. The six aircraft are on lease to Emerald Airlines, Binter Canarias, National Jet Express, Citilink and Philippine Airlines, adding five new operators to Abelo’s portfolio and further diversifying its global customer base. “This transaction marks another milestone in
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Teledyne Controls has launched its GroundLink Edge Computing Platform (ECP) and AppLink cloud service following US Federal Aviation Administration (FAA) Supplemental Type Certificate approval for the Boeing 737 series. The new platform enables airlines to remotely deploy, update and scale onboard software applications across their fleets without aircraft downtime, hardware modifications or aircraft-level certification for
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The aviation industry will gather in Frankfurt, Germany, on September 29-30, for the Global Aviation Conference Frankfurt 2026, a two-day event designed to connect airlines, airports, MROs, lessors, OEMs, technology providers and aviation service providers from around the world. Hosted at the Frankfurt Marriott Hotel, the conference will feature expert keynote presentations, executive panel discussions,
Global Aviation Conference heads to Frankfurt Read More »
AkzoNobel shareholders have overwhelmingly approved all resolutions related to the proposed all-share merger with Axalta at an Extraordinary General Meeting, clearing a major milestone in the transaction. Shareholders endorsed the merger, changes to the Articles of Association, the share issuance linked to the deal, proposed board appointments and the remuneration policy. Axalta shareholders also approved
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EirTrade Aviation Maintenance (EirTrade) has secured operational authorisations from the Bailiwick of Guernsey (2-REG), the Civil Aviation Authority of the Cayman Islands (CAACI) and the Bermuda Civil Aviation Authority (BCAA) for its expanding maintenance facility at Ireland West Airport Knock. The authorisations cover aircraft operations, transitions, parking and storage, enabling the company to support aircraft
EirTrade wins three new global authorisations Read More »
Avolon Holdings has established a US$1.5 billion commercial paper programme through its wholly owned subsidiary, Avolon Aerospace Leasing Limited (AALL), to diversify its funding sources and strengthen access to short-term capital. Under the programme, AALL may issue unsecured commercial paper notes with a total outstanding principal amount of up to US$1.5 billion. The notes will
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Lufthansa Technik Philippines (LHTP) has broken ground on a new wide-body MRO facility at Clark International Airport, marking a major expansion of its operations in the country. The new base maintenance centre will be built on a 157,000 m² site and will complement the company’s existing facility at Manila’s Ninoy Aquino International Airport, around 100km
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