Under the new MoU HAL will produce LEAP engine parts for Safran Aircraft Engines in its facilities in Bangalore

HAL and Safran partner for commercial engine parts manufacturing in India

India’s leading aviation company Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have signed a Memorandum of Understanding (MoU) announcing their intent to develop industrial cooperation in forging parts’ manufacturing for commercial engines. Under this partnership HAL will manufacture LEAP engine components at its Bangalore facilities, in line with the ‘Make in India’ policy of […]

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Spirit Airlines posts disappointing third-quarter results

Financial

Spirit Airlines (Spirit) has released its third-quarter 2023 financial results. The company reported a net loss of US$157.6 million, excluding special items; adjusted net loss for the third quarter 2023 was US$149.8 million. For the third quarter 2023, Spirit reported a pre-tax loss of US$203.6 million and a pre-tax margin of negative 16.2%. Adjusted pre-tax

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Norway will acquire six MH-60R SEAHAWK helicopters Photo: U.S. Navy MH-60R with door gunner

Government of Norway orders six MH-60R SEAHAWK helicopters

Military & Defense

The U.S. Navy has awarded Lockheed Martin a contract to produce six multi-mission MH-60R Seahawk® helicopters for the Norwegian government. Designed and built by Sikorsky, a Lockheed Martin company, MH-60R aircraft will enable Norway to perform multiple maritime missions, including search and rescue and coastal and offshore patrol. Norway’s order marks the second MH-60R contract

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IAG reports record third-quarter results

Financial

International Airlines Group (IAG) has reported record profit and high margins in the third quarter of 2023, driven by very strong leisure demand across all its airlines. The Group reported strong growth of operating profit before exceptional items in the quarter of €1,745 million (Q3 2022: €1,216 million) and an operating margin of 20.2%(Q3 2022:

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Southwest Airlines deepens commitment to fuel-efficient 737 MAX with order for 108 Boeing 737-7s

Aircraft & Engines

Southwest Airlines is reinforcing its dedication to the environmentally friendly 737 MAX family by placing an order for 108 Boeing 737-7 aircraft. This substantial order aligns with Southwest’s ongoing fleet modernisation initiative and offers the flexibility needed for fleet expansion. Bob Jordan, President and Chief Executive Officer of Southwest Airlines, reflected on their long-standing partnership

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Air France-KLM and Apollo sign €1.3 billion financing agreement

Financial

Air France-KLM and Apollo Global Management have signed a definitive agreement between Apollo-managed funds and entities and a dedicated operating affiliate of Air France-KLM regarding a €1.3 billion financing, accounted as quasi-equity under IFRS, with the option for Apollo to increase the nominal amount up to €1.5 billion in total, prior to closing. This dedicated

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SkyWest will operate the new Embraer E-jets for United Express

SkyWest orders 19 Embraer E175 aircraft

Aircraft & Engines

Embraer has agreed to the sale of 19 new E175 jets to SkyWest, for operation in the United Airlines network, adding to the 90 E175 jets SkyWest already operates for United. The E175 aircraft will fly exclusively with United under a capacity purchase agreement (CPA). The value of the contract, which has been included in

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Pete Schneider joins King Aerospace

People

Industry veteran Pete Schneider has joined King Aerospace as its new Vice-President, Programme Management and Special Projects. Schneider brings to King Aerospace more than 35 years of project management experience across many challenging, high-profile and highly diversified aerospace programmes, including more than 15 years managing VVIP aircraft programmes for the U.S. Air Force and international

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Archer’s Midnight aircraft takes flight

Aircraft & Engines

Archer Aviation, a leader in electric vertical take-off and landing (eVTOL) aircraft, has released that its flight test programme hit another key milestone as the company’s Midnight aircraft took flight. This milestone builds on Archer’s four years of flight testing, including two years of full-scale flight testing with Maker. “This next phase of Archer’s flight

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Embraer recorded backlog of US$26.4 billion for the first quarter of 2025

Embraer deliveries increase 30% in 3Q23

Aircraft & Engines

Embraer has delivered 43 jets in 3Q23, an increase of 30% compared to 3Q22 when 33 aircraft were delivered. Commercial Aviation has shown robust delivery growth, soaring from ten to 15 aircraft, a 50% increase compared to the same period in 2022. For Executive Aviation, there was also an increase; 28 jets delivered (19 light

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Heike Tamm

HAL and Safran partner for commercial engine parts manufacturing in India

Spirit Airlines posts disappointing third-quarter results

Government of Norway orders six MH-60R SEAHAWK helicopters

IAG reports record third-quarter results

Southwest Airlines deepens commitment to fuel-efficient 737 MAX with order for 108 Boeing 737-7s

Air France-KLM and Apollo sign €1.3 billion financing agreement

SkyWest orders 19 Embraer E175 aircraft

Pete Schneider joins King Aerospace

Archer’s Midnight aircraft takes flight

Embraer deliveries increase 30% in 3Q23

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