Heike Tamm

DAE will sell seven Being and Airbus aircraft to K2 Aviation

DAE secures US$118 million cash insurance settlement for Aeroflot-leased aircraft

Financial

Dubai Aerospace Enterprise (DAE) has successfully obtained a cash insurance settlement totalling approximately US$118 million (£93 million) for aircraft previously leased to Public Joint Stock Company “Aeroflot – Russian Airlines” (Aeroflot). The settlement amount signifies the resolution of DAE’s insurance claims under Aeroflot’s insurance and reinsurance policies, specifically pertaining to seven aircraft and their associated […]

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Southwest Airlines has chosen Leonardo's sorter technology to reshape the transfer bags facility at Denver International Airport

Southwest Airlines chooses Leonardo’s sorter technology at DEN

Other News

Southwest Airlines, a major U.S. airline with almost 127 million annual passengers and the largest carrier of domestic passengers in the United States, has chosen Leonardo’s sorter technology to reshape the transfer bags facility at Denver International Airport (DEN). The move aims to guarantee faster connection times, accommodate tight flight schedules and enhance capacity to

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The six Mayors of Lofoten © Elfly Group

Elfly signs LoI with Lofoten to pursue zero-emission aviation

Other News

On December 13, Elfi Group, developers of all-electric seaplane programme ‘Noemi’, (No Emissions) has signed a Letter of Intent (LoI) with the Lofoten Green Islands, a private-public partnership for sustainable development, in the Lofoten Archipelago in Arctic Norway. The organisations have agreed to pursue the development of zero-emission regional aviation together.  The contract was signed in Lofoten

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Delta Air Lines and EL AL Israel Airlines will offer reciprocal code-share and frequent flyer benefits

Delta and EL AL Israel Airlines launch code-share agreement

Airlines & Routes

Delta Air Lines and EL AL Israel Airlines have implemented a long-term code-share agreement effective December 18, 2023 for travel beginning January 1, 2024, improving connection opportunities for customers flying between the Americas and Tel Aviv. The airlines will offer reciprocal code-share and frequent flyer benefits, including the ability to earn and redeem SkyMiles or Matmid points

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Air India Express Boeing 737-8

Griffin announces purchase and leaseback of ten Boeing 737-8s to Air India Express

Aircraft & Engines

Griffin Global Asset Management (Griffin) and Bain Capital through their joint venture have agreed to purchase and lease-back ten Boeing 737-8 aircraft to Air India Express, a subsidiary airline of Air India. The first aircraft was delivered in November 2023 and the remaining nine are to be delivered throughout the remainder of the fourth quarter

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Overture © Boom Supersonic

Boom Supersonic selects Honeywell’s Anthem integrated flight deck

MRO & Production

Boom Supersonic, the company building the world’s fastest airliner, has selected the Honeywell Anthem integrated flight deck for its Overture aircraft. As part of the agreement between the two companies, Honeywell’s next-generation flight deck and its modular avionics platform will be incorporated into Overture. The Honeywell Anthem flight deck will be tailored for Overture’s specific mission requirements,

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Orix Aviation secures inaugural credit facility with Bank of China Dublin Branch

Financial

Orix Aviation, a 100% subsidiary of ORIX Corporation of Japan, has released the successful closing of an inaugural Revolving Credit Facility with Bank of China Dublin Branch. This strategic financing initiative reflects the company’s commitment to continue the expansion of its funding base. Marie-Louise Kelly, Chief Financial Officer, ORIX Aviation commented: “We are delighted to

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Rendering of Azul's newly ordered Airbus A330-900 © Airbus

Azul discloses firm order for four additional A330-900s

Aircraft & Engines

Azul Linhas Aereas (Azul) has disclosed a firm order for four additional Airbus A330-900 aircraft from a purchase agreement signed in June 2023. With these aircraft, the airline will expand its fleet and international route offering. The A330neo is Airbus’ latest wide-body aircraft. Powered by latest-generation Rolls-Royce Trent 7000 engines, the A330-900 is capable of

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