Aergo Capital (Aergo) has announced the sale of two Airbus A321-200 aircraft to FTAI Aviation, alongside the acquisition of an Airbus A320-200neo on lease to Scandinavian Airlines (SAS), further demonstrating its active portfolio management strategy. The two Airbus A321-200 aircraft, bearing manufacturer serial numbers 4099 and 4148, are currently on lease to Air Transat. The […]
Aergo reshapes portfolio with Airbus transactions Read More »
Setna iO (Setna) has completed the acquisition of one Airbus A319-100 airframe formerly operated by easyJet, further expanding its aircraft teardown programme. The aircraft is one of three ex-easyJet A319-100s acquired as part of the transaction. The airframe will be dismantled at ecube’s facility in St Athan, Wales. Components will then be channelled through Setna’s
Setna iO expands A319 teardown portfolio Read More »
Airbus Helicopters and the Republic of Armenia have signed a contract for the purchase of six H145 helicopters. The agreement, finalised during French President Emmanuel Macron’s state visit to Yerevan, has now entered into force, marking a significant step in strengthening ties between France and Armenia. The multi-role helicopters will be used for transport missions
Airbus Helicopters receives order for H145 helicopters from Armenia Read More »
KKR has committed a further US$1.4 billion in equity to expand its global commercial aircraft leasing portfolio with Altavair, building on two existing partnerships. The investment will be funded primarily through KKR’s infrastructure and asset-based finance strategies. Since forming their strategic partnership in 2018, KKR-managed funds have committed more than US$8 billion to aircraft leasing
KKR expands aircraft leasing investment with Altavair Read More »
Alaska Airlines has marked the ceremonial ground-breaking of a new maintenance hangar in Portland, Oregon. Following final permitting approvals, the facility will be built next to the airline’s existing Horizon Air operations centre and maintenance hangar at Portland International Airport (PDX). The project will add around 125,000 ft² of indoor aircraft maintenance space for the
Alaska Airlines breaks ground on new Portland hangar Read More »
Norwegian has agreed to acquire Nordic Leisure Travel Group (NLTG), a leading Nordic provider of hotels and leisure travel experiences, in a deal designed to create a larger, more integrated travel group across the region. The transaction will bring together some of the best-known names in Nordic travel, including Ving, Spies, Tjäreborg, Globetrotter and Sunclass
Norwegian moves to build Nordic travel powerhouse Read More »
EY has launched a new aviation managed services engagement with global commercial aircraft lessor K2 Aviation, in collaboration with Cloudcards Software, marking a key step in the expansion of its aviation-focused managed services offering. The partnership will support back-office data, records and workflow management throughout the aircraft lifecycle. Services will cover lease, technical and operational
EY launches aviation managed services with K2 Aviation Read More »
JetZero has started work on a vast new manufacturing and final assembly campus in Greensboro, North Carolina, laying the foundations for large-scale production of its next-generation aircraft. The new facility will span eight million square feet across more than 600 acres and is expected to become one of the largest aerospace manufacturing sites in the
JetZero breaks ground on aircraft factory in North Carolina Read More »
American Airlines has appointed Paola Torri as Director of Operations for Mexico and Canada, a newly created leadership position aimed at supporting the airline’s continued growth and operational strength across two of its most significant international markets. Torri assumes the role as part of a wider leadership transition across the region, building on the foundations
Paola Torri takes charge of Mexico and Canada operations Read More »
Airbus Defence and Space has signed a contract with OCCAR (Organisation for Joint Armament Cooperation), acting on behalf of the French Directorate General of Armaments (DGA), to develop new capabilities for the A400M military transport aircraft. The upgrades, known as the Parallel Mission System (PMS), will equip French Air and Space Force A400Ms with enhanced
France backs next-generation A400M mission upgrade Read More »
