EGYPTAIR has taken delivery of its first A321neo from Airbus’ Delivery Centre in Hamburg, making the airline the first African operator of the aircraft. EGYPTAIR has specified a high-comfort, two-class configuration with 16 Business-class seats and 166 Economy-class seats and will increase the airline’s single aisle capacity to the Middle East, Africa and Europe. The […]
EGYPTAIR takes delivery of first A321neo from Airbus Read More »
Ocean Explorer, a Brazilian helicopter operator and Embraer have signed a commercial agreement for the use of Beacon, the maintenance coordination digital platform that connects resources and professionals for a faster return-to-service. Ocean Explorer is the first helicopter operator to use Beacon to help bring contextual communication between its maintenance teams and external partners, simplify
Rex (Regional Express Holdings Limited), has posted an after-tax loss of A$16.5 million for the six months ended December 31, 2022 (1HFY23), an improvement of 55% over the prior corresponding period. This loss includes a negative impact of A$23 million related to mark-to-market valuation of the convertible note and warrant facility entered into with PAG
Rex posts half-year results Read More »
ST Engineering has officially inaugurated a new aircraft maintenance hangar at Pensacola International Airport. The new facility is the second of four hangars at an airframe maintenance, repair and overhaul (MRO) complex being developed by ST Engineering. The new 177,000 ft² hangar features two bays capable of accommodating wide-body aircraft, effectively doubling ST Engineering’s existing
ST Engineering opens new aircraft maintenance hangar in Pensacola Read More »
Alliance Airlines has entered into a sale-and-purchase agreement for an additional 30 Embraer E190 aircraft from Dublin-based lessor AerCap. The additional 30 E190 aircraft are currently on lease from AerCap to a U.S. airline and have been operated by the carrier since new. Aircraft deliveries and payments will commence in September 2023 and will be
Alliance Airlines acquires an additional 30 E190 aircraft from AerCap Read More »
International Airline Group (IAG), the parent company of British Airways, Aer Lingus and Iberia, has confirmed its intention to acquire the remaining 80% of shares in Spain’s Globalia offshoot, Air Europa. Having agreed in March 2022 to grant Air Europa a €100 million loan that was convertible into a 20% stake, this latest move sees
IAG to complete full purchase of Spain’s Air Europa for €400m Read More »
New narrow-body aircraft base values rose beyond the long-term trend into 2023 and lease rates are forecast to climb further this year, according to data revealed by IBA leading aviation market intelligence and consultancy company. In its latest values webinar, IBA’s ISTAT-certified experts revealed that the base value of a new Airbus A220-300 was US$38.25
Narrow-body aircraft values recover in 2022 and set for 2023 climb Read More »
Ashwin Bhat, Chief Commercial Officer (CCO) at Lufthansa Cargo, has been newly elected to the SWISS Board of Directors at the company’s annual general meeting. He succeeds Christina Foerster, who remains a member of the Lufthansa Group Executive Board and also interim CEO of Brussels Airlines. New Board member Ashwin Bhat has been Chief Commercial
Ashwin Bhat CCO of Lufthansa Cargo elected to SWISS’ Board of Directors Read More »
Boeing expects to complete new-build production of the F/A-18 Super Hornet fighter aircraft in late 2025 following delivery of the final U.S. Navy fighters. Production could be extended to 2027 if the Super Hornet is selected by an international customer. To meet demand for defence products and services, Boeing plans to continue hiring year-over-year for
Boeing sets F/A-18 production completion date Read More »
Collins Aerospace has teamed with Lilium, developer of the all-electric vertical take-off and landing (eVTOL) jet, to design, develop, and build the Lilium Jet’s inceptors – the innovative sidestick system used by the pilot to control the aircraft. Collins is a leader in technologically advanced and intelligent solutions for the global aerospace and defence industry
Collins Aerospace to design, develop and build Lilium Jet’s inceptors Read More »
