VSE, a leading provider of aftermarket distribution and MRO services for air, land and sea transportation assets for commercial and government markets, has entered into a definitive agreement to acquire Desser Holding Company (Desser Aerospace), a global aftermarket solutions provider of specialty distribution and MRO services. The acquisition is expected to close within the next […]
VSE Corporation acquires Desser Aerospace Read More »
Atlas Air Worldwide has released that Michael T. Steen, Executive Vice President and Chief Commercial Officer of Atlas, has been appointed Chief Executive Officer (CEO) of the company, in line with the company’s long-term succession plan, effective June 15, 2023. Steen succeeds John W. Dietrich, who is retiring from the company after nearly 25 years.
Michael T. Steen appointed CEO of Atlas Air Worldwide Read More »
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has delivered the first of two A321neo aircraft fitted with Airbus’ Cabin Flex (A321NX) to its long-standing customer, Volaris (Controladora Vuela Compañía de Aviación, S.A.B. de C.V.). The delivery is part of the lease agreements signed with the airline in
CDB Aviation delivers first A321NX to Volaris Read More »
Willis Lease Finance has reported first-quarter pre-tax earnings of US$6.8 million and total revenues of US$89.5 million. For the three months ended March 31, 2023, aggregate lease rent and maintenance reserve revenues were US$76.7 million and spare parts and equipment sales were US$5.1 million. The company reportedincreased total revenues in the first quarter when compared
Willis Lease Finance reports first-quarter pre-tax income of US$6.8 million Read More »
Air Transat is increasing its services from London Gatwick to Montreal and Toronto in Canada for the 2023 summer season, including the re-introduction of its seasonal weekly direct flight to Quebec City. Increased services from Gatwick include daily flights to Montreal and double daily flights to Toronto. This comes as Air Transat celebrates 35 years since
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Embraer has posted consolidated revenue of US$ 717 million for the first quarter of 2023 (1Q23) represented growth of 19% y-o-y due to better commercial mix, strong growth in Defence & Security (+56% y-o-y) and Services & Support (+20% y-o-y). The company’s total revenue closed the quarter as planned. Commercial Aviation reported revenue growth of
Embraer posts 19% revenue growth for first quarter 2023 Read More »
It is understood that US asset manager Apollo Global Management Inc. (Apollo) is looking to apply for approval from both Danish and Swedish regulators to acquire a majority stake in stricken carrier SAS AB (SAS) as part of its Chapter 11 bankruptcy plan. In July 2022 the Scandinavian carrier filed for Chapter 11 bankruptcy protection
Apollo looks to acquire majority stake in troubled SAS Read More »
Datalex, a market leader in digital retail technology focused on the airline market, has confirmed the renewal of its long-standing partnership with JetBlue, New York’s Hometown Airline® and the U.S.A.’s sixth-largest carrier. This is the third contract renewal made by Datalex in recent weeks, in addition to partnership extensions with Air China and Air Transat.
Datalex renews partnership with JetBlue and signs new contract with LATAM Airlines Read More »
Emirates Airline and Etihad Airways have signed a Memorandum of Understanding (MoU) to expand their interline agreement and provide travellers additional itinerary options when visiting the UAE. This first-of-its-kind agreement between the two UAE carriers aims to capitalise on opportunities to boost tourism to the UAE from key source markets by enabling visitors to experience more
Emirates and Etihad sign MoU to expand interline agreement Read More »
Aircraft maintenance software provider Rusada has announced the appointment of Steve Lightstone as Director of Sales & Business Development. Lightstone has a wealth of experience in the aviation software industry having worked with airline maintenance and engineering operations around the world over the course of his career. In his previous role, Lightstone served as Vice
Steve Lightstone joins Rusada as Director of Sales and Business Development Read More »
