WestJet Cargo confirms launch of four new Boeing 737-800 Freighters in March 2023

WestJet Cargo, the air cargo division of WestJet, has spent the last few months putting a solid structure in place in order to take its cargo activities to another level. The company confirmed that it will launch four dedicated Boeing 737-800 freighters on March 26, 2023 to massively increase its operations, thereby meeting the growing […]

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Hyperion Aero Capital launches new aircraft financing platform

Uncategorized

Hyperion Aero Capital PLC (Hyperion) has launched an aircraft funding platform focused on providing financing for long-term cargo leasing and leased business jets. Hyperion has been established to combine decades of experience in aviation fleet management with financing to provide a range of currency-agnostic hybrid opportunities including debt, equity and convertible instruments for aircraft financing.

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Air Greenland becomes latest A330neo operator

Aircraft & Engines

Air Greenland has taken delivery of an A330-800 wide-body aircraft, becoming the latest operator of the type. The A330neo will replace previous-generation aircraft in the company’s fleet, reducing operating cost, improving environmental efficiency while offering an unrivalled passenger experience. Air Greenland’s A330neo will comfortably accommodate 305 passengers, featuring 42 premium-class seats and 263 economy-class seats. Air

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C&L Aviation Group purchases UK-based ACLAS Technics

Financial

C&L Aviation Group has purchased ACLAS Technics, a UK-based company that offers structural component repair and overhaul for multiple aircraft types, including the ATR 42, ATR 72, P-8 Poseidon, B737, B747, B757, B777, A320, A330 and more. This acquisition made by C&L is a continuation of growth plans which includes expanding its product and service

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Airbus likely to miss 2022 delivery target but reaffirms financial guidance

Other News, Top Stories

Airbus has admitted that owing to a complex operating environment at the moment, it is likely to miss its targeted delivery of “around 700” commercial aircraft this year, albeit marginally. This month its deliveries totalled 68 units, bringing the total deliveries for the year to 565 aircraft. For 2023 and 2024 the European planemaker anticipates

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International Aerospace Coatings (IAC Group) acquired by Tiger Infrastructure Partners

Financial

Tiger Infrastructure Partners (Tiger), a private equity infrastructure investor, has announced the acquisition of International Aerospace Coatings (IAC) Group, which includes Eirtech Aviation Services. IAC Group is one of the world’s leading aviation services providers headquartered in Shannon, Ireland and Irvine, California. IAC’s portfolio of 18 aircraft hangars is strategically located at seven airports and

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IATA provides economic outlook and state of the industry

Other News

The International Air Transport Association (IATA) expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in 2022. In 2023, airlines are expected to post a small net profit of US$4.7 billion—a 0.6% net profit margin.

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TA Aerospace selects Wencor for global distribution partnership

MRO & Production

TA Aerospace has selected Wencor as an authorised distributor supporting the global commercial aftermarket and OEM market segments, as well as selecting Wencor as the preferred channel for defence. The multi-year agreement allows Wencor to support these channels through its global stocking facilities and on-site service locations at key customers. The global agreement includes TA’s

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Etihad Cargo to offer twice-weekly freighter capacity between Shanghai and Chennai

Airlines & Routes

Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has reinforced its commitment to the Chinese and Indian markets, reinstating a twice-weekly freighter service from Shanghai to Abu Dhabi via Chennai starting December 8. The additional freighter service will provide additional capacity into two key global markets. This latest addition to Etihad Cargo’s network

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Jürgen Sehne becomes Managing Director of Complete Aircraft Services

People

Complete Aircraft Services GmbH (CAS) will start operations as part of the AeroVisto Group on January 1, 2023. At the same time, Jürgen Sehne will assume the role of Managing Director. After studying aerospace and industrial engineering in the ’90s, Sehne worked for several well-known aviation companies, including Dornier, Airbus, Lufthansa, Condor and SWISS. During

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Heike Tamm