Heike Tamm

magniX Samson300 Battery

magniX launches revolutionary Samson battery line for aviation

magniX, the company spearheading the electric aviation revolution, has announced the launch of Samson, its ground-breaking battery line. The Samson batteries are designed specifically for aviation and other industries requiring high levels of performance, safety and reliability. These batteries will be certifiable under aviation regulations while delivering industry-leading energy density, unmatched cycle life and patented […]

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Canadian company Chartright Air Group has taken delivery of one Airbus ACH160

Chartright Air Group takes delivery of Canada’s first corporate ACH160

Chartright Air Group, a provider of private aviation services in Canada, has taken delivery of Canada’s first corporate ACH160 helicopter. This aircraft will enter service immediately, marking the first ACH160 to be delivered in North America. “We are excited to be the first private aviation company in Canada to operate the ACH160 for our owner

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SMBC Aviation Capital

SMBC Aviation Capital secures US$1.5 billion finance facility

Aircraft leasing company SMBC Aviation Capital has finalised a five-year global syndicated finance facility. The transaction raised US$1.5 billion from 29 financial institutions, 13 of which are new banking relationships for SMBC Aviation Capital. The senior syndication phase saw participation from 10 banks, while the general syndication phase included an additional 19 banks. The syndicated

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Alaska Airlines Boeing 737 MAX 9 has lost a chunk of its fuselage during a flight

Alaska Airlines reaches tentative labour deal with flight attendants union

Alaska Airlines and its 7,000-member flight attendants’ union have reached a tentative labour agreement after more than a year and a half of negotiations, reported CNN. The terms of the deal have not been disclosed, but the union described it as a “record contract.” It is expected that the agreement includes a significant pay increase,

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Astral Aviation Boeing 767 Freighter

Avmax completes major transactions with Astral Aviation

Canada-based Avmax Group has successfully completed two significant transactions with Astral Aviation, a prominent cargo carrier based in Kenya. The first transaction involved the purchase-and-lease-back of a Boeing 767-200 Freighter (MSN 22217) airframe, which has been part of carrier’s fleet since 2020. The second transaction comprised the dry lease of a Boeing 737-400F (MSN 27082),

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Official inauguration of the new Savannah Training Centre © CAE

CAE opens Gulfstream-dedicated aviation training centre

CAE has inaugurated its first Gulfstream-dedicated business aviation training centre, a key development in training more pilots and maintenance technicians over the coming decades. Located near Gulfstream Aerospace Corp. headquarters in Savannah, the new centre can accommodate up to four full-flight simulators (FFS). The first, a Gulfstream G550 FFS, began operating in January and the

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On Monday June 24, flights at Manchester Airport have resumed following a power cut that caused a day of chaos

Manchester Airport restores flights after day-long power cut

Flights at Manchester Airport have resumed following a power cut that caused a day of chaos. Up to 90,000 passengers were affected, with flights cancelled and scheduled arrivals diverted. The airport announced that check-in and departures at Terminals 1 and 2 have now fully resumed. Officials stated that further disruption is not anticipated on Monday.

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Honeywell has agreed to acquire CAES Systems Holdings for approximately US$1.9 billion in an all-cash transaction © Honeywell

Honeywell to acquire CAES Systems Holdings for US$1.9 billion

Honeywell has agreed to acquire CAES Systems Holdings LLC (CAES) from private equity firm Advent International for approximately US$1.9 billion in an all-cash transaction. This represents approximately 14-times the estimated 2024 EBITDA on a tax-adjusted basis. This acquisition will enhance Honeywell’s defence technology solutions across land, sea, air, and space, including new electromagnetic defence solutions

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SITA enters operations as a service market with ASISTIM acquisition

SITA has taken a significant step into the operations as a service market by acquiring ASISTIM, a company renowned for its airline flight operations services. This move highlights SITA’s ongoing pursuit of innovative solutions to help airlines tackle challenges and stay ahead, enhancing air travel for everyone. This acquisition strengthens SITA’s position as a top

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