CAE Inc. has appointed Ryan McLeod, CPA, CA, as Chief Financial Officer (CFO), effective 23 February 2026. In this role, McLeod will lead CAE’s global finance organisation and play a central role in advancing the company’s strategic growth and operational excellence. The appointment follows a comprehensive search process. To ensure a smooth transition, McLeod will […]
CAE appoints Ryan McLeod as new CFO Read More »
Airbourne Colours, an aircraft painting and refinishing specialist, has announced a new partnership with Austrian Airlines to deliver a comprehensive painting programme for the airline’s Airbus A320 fleet. Under the agreement, ten aircraft will be repainted at Airbourne Colours’ East Midlands Airport paint facility, marking a strong start to 2026 for the company’s aircraft painting
Airbourne Colours to repaint Austrian Airlines’ A320 fleet Read More »
KKR, a global investment firm, and Altavair, a frontrunner in commercial aviation leasing and financing, have signed a definitive agreement under which KKR will increase its ownership stake in Altavair and its sister company, AV AirFinance. KKR will fund the investment from its balance sheet. The new investment deepens the long-term strategic partnership between KKR
KKR strengthens stake in Altavair Read More »
Parata Air, a South Korean start-up airline, has gone live with AMOS, the maintenance and engineering solution from Swiss AviationSoftware (Swiss-AS), to support the launch of its commercial operations and future growth. Parata Air entered the market with a fleet of four aircraft, comprising two Airbus A330s and two Airbus A320s. At go-live, one A330
Parata Air launches operations with AMOS Read More »
TransDigm Group Incorporated (TransDigm) has entered into a definitive agreement to acquire Jet Parts Engineering and Victor Sierra Aviation Holdings, portfolio businesses of Vance Street Capital, for approximately US$2.2 billion in cash, including certain tax benefits. The acquisition expands TransDigm’s presence in the commercial aerospace aftermarket, adding two established platforms focused on proprietary, highly engineered
TransDigm to acquire Jet Parts Engineering and Victor Sierra Aviation Read More »
Safran has entered into a definitive agreement with Embraer for the sale of Safran Cabin’s shares in EZAir, the companies’ 50/50 joint venture. EZAir manufactures aircraft interiors for Embraer at its facility in Chihuahua, Mexico, and also supports associated aftermarket activities, as well as related engineering and manufacturing work in Brazil. Under the terms of
Safran agrees sale of EZAir stake to Embraer Read More »
OTR has appointed Oscar Torres as President and Chief Executive Officer, effective January 5, 2026, marking a key leadership transition as the company positions itself for its next phase of development. The appointment brings to OTR a senior executive with more than 25 years of leadership experience in private equity–backed businesses and a strong track
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Capital A Berhad has completed the disposal of its aviation businesses, AirAsia Berhad and AirAsia Aviation Group Limited, to AirAsia X Berhad (AAX), as disclosed in its Bursa Malaysia announcement dated 16 January. The move concludes a six-year restructuring process initiated after the COVID-19 shock and marks a structural reorganisation of the wider group, rather
Capital A completes aviation business disposal to AirAsia X Read More »
At the end of December 2025, the French Air Force Maintenance Directorate (DMAé) awarded Sabena technics a major contract for the MRO of the C-130J-30 and KC-130J aircraft operated by the Binational Air Transport Squadron based at Évreux Air Base 105. With a duration of ten years, the agreement represents one of the largest military
Sabena technics secures Franco-German C-130J support deal Read More »
On January 14, General Atomics Aeronautical Systems, Inc. (GA-ASI) began construction of a new hangar at El Mirage Airfield in El Mirage, California. The facility is being developed in the high desert of Southern California, adjacent to GA-ASI’s existing Desert Horizon Flight Operations facility. The project will deliver nearly 85,000 ft² of new hangar space
General Atomics breaks ground on new MQ-9B hangar Read More »
