Heike Tamm

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AE Industrial to acquire L3Harris Space Systems stake

AE Industrial Partners has agreed to acquire a controlling interest in L3Harris’ Space Propulsion and Power Systems business, at a total enterprise value of US$845 million. The transaction is expected to close in the second half of 2026, subject to regulatory approvals and the satisfaction of customary closing conditions. L3Harris’ RS-25 rocket engine business is […]

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Lufthansa Group and Amadeus aim to consolidate all relevant travel information

Lufthansa and Amadeus simplify flight bookings

The Lufthansa Group and travel technology provider Amadeus have entered into a pioneering partnership aimed at making the booking, amendment and management of flights more intuitive and straightforward for travellers. Central to the initiative is the introduction of an “Order ID”, a new single identification number that will ultimately replace existing booking and ticket numbers

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RESIDCO secures US$100m to accelerate engine acquisitions

RESIDCO has announced the closing of a US$100 million commercial aircraft engine acquisition facility provided by Huntington National Bank, a US$223 billion-asset regional bank headquartered in Columbus, Ohio. The newly established debt facility is designed to support RESIDCO’s strategic expansion in the global aviation secondary market, with a specific focus on the acquisition of high-demand

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The Condor Mk3, Collins Aerospace’s cooperative surveillance radar capable of communicating directly with aircraft transponders

Collins Aerospace wins major FAA radar modernisation contract

Collins Aerospace, an RTX business, has secured a US$438 million contract from the Federal Aviation Administration (FAA) to support the Radar System Replacement programme, a central element of efforts to modernise the United States National Airspace System. The programme forms a key component of the Department of Transportation’s wider initiative to deliver a brand-new air

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Thai Airways

Thai Airways advances digital MRO transformation

Trax and Aerostrat, both part of the AAR group, have been selected by Thai Airways to support a comprehensive digital transformation of the airline’s maintenance, repair and overhaul (MRO) operations. The initiative represents a significant step in modernising maintenance processes and strengthening operational efficiency across Thai Airways’ global network. At the core of the programme

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WLFC

Willis Lease and Blackstone launch engine leasing alliance

Willis Lease Finance Corporation (WLFC), has entered a strategic aircraft engine leasing partnership with Blackstone Credit & Insurance (BXCI). The collaboration plans to deploy more than US$1 billion over the next two years, targeting both current- and next-generation aircraft engines, as well as a select number of aircraft. The partnership combines Willis Lease’s specialist expertise

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