AAR strengthens engineering capabilities with strategic acquisition

AAR has entered into a definitive agreement to acquire Aircraft Reconfig Technologies, an aircraft interiors engineering company, from ZIM Aircraft Cabin Solutions for US$35 million in an all-cash transaction, subject to customary adjustments. Upon completion, the acquisition will immediately enhance AAR’s engineering and certification capabilities within its Repair & Engineering segment, further differentiating AAR as […]

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Boeing forecasts that Indian, South Asian airlines will need nearly 3,300 new airplanes by 2044

Boeing deliveries rebound as production stabilises

Aircraft & Engines

IBA, the aviation market intelligence and advisory firm, has reported that Boeing aircraft deliveries in 2025 rose by 69% year-on-year compared with 2024 and were 16% above 2023 levels, signalling a strong recovery and helping to stabilise global aircraft production. Analysis from Stuart Hatcher, Chief Economist and Chief Data Officer at IBA, together with IBA

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ITP Aero to acquire Aero Norway

Financial

ITP Aero, a global reference in aerospace propulsion, has signed a binding agreement to acquire Aero Norway, an well known MRO provider specialising in the overhaul and repair of CFM56 engines. The agreement represents a substantial milestone in ITP Aero’s global growth strategy and reinforces its commitment to expanding its aftermarket services capabilities. Based in

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AELF has acquired two Boeing 737-800s from ICBC, currently on lease to Aerolíneas Argentinas

AELF acquires two B737-800s from ICBC Aviation Leasing

Aircraft & Engines

Aircraft Engine Lease Finance Inc. (AELF) has acquired two Boeing 737-800 aircraft, both manufactured in 2015, from ICBC Aviation Leasing (ICBC). The aircraft are currently on lease to Aerolíneas Argentinas, marking AELF’s first assets placed with the Argentine flag carrier. The transaction represents AELF’s first completed deal with ICBC and reflects the complementary nature of

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The German Navy has taken delivery of the first out of 31 NH90 Sea Tiger helicopters

Germany receives first NH90 Sea Tiger

Military & Defense

Airbus Helicopters, through the NHIndustries joint venture, has delivered the first NH90 Sea Tiger helicopter to the German Navy. A total of 31 aircraft are scheduled for delivery by 2030. The NH90 Sea Tiger will be deployed for anti-surface and anti-submarine warfare missions, forming a core element of the German Navy’s future maritime combat capability.

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AerFin broadens B777-300ER portfolio

Aircraft & Engines

AerFin, the aviation asset specialist focused on the buying, selling, leasing and repair of aircraft, engines and parts, has acquired a third B777-300ER, previously operated by Japan Airlines. The latest acquisition further strengthens AerFin’s established capability in supporting the global B777 market. The company holds extensive B777 inventory across its warehouses in the UK, the

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BAE Systems wins KF-21 IFF contract

Military & Defense

BAE Systems has been awarded an US$11 million contract by Korea Aerospace Industries (KAI) to integrate the AN/APX-127(V)1 Combined Interrogator Transponder (CIT) on the KF-21 Boramae aircraft. The latest Identification Friend or Foe (IFF) system enhances decision-making by enabling pilots to more effectively distinguish allied forces from potential threats in contested operational environments. Designed for

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Spirit advances restructuring plans

Financial

Spirit Aviation Holdings has reached an agreement with its senior secured noteholders to amend its debtor-in-possession (DIP) credit agreement, enabling the previously agreed third funding round of incremental financing totalling US$100 million to be completed on December 15. Under the amended terms, US$50 million (net of original issue discount) is immediately available to the company.

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Image of Air Niugini Airbus A220 © Airbus

Asian Development Bank backs Air Niugini fleet renewal

Financial

The Asian Development Bank (ADB) and Air Niugini have signed a US$35.8 million financing package to support the modernisation of Papua New Guinea’s national airline fleet. The investment is aimed at improving operational efficiency, further enhancing safety standards, and strengthening the country’s domestic and international air connectivity, with wider benefits for Papua New Guinea’s social

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Aergo Capital adds Boeing 737 MAX 8 to portfolio

Aircraft & Engines

Aergo Capital (Aergo) has completed the acquisition of a Boeing 737 MAX 8 aircraft from Aircastle. The aircraft, manufacturer serial number 60513, is currently on lease to Canadian airline WestJet. Fred Browne, Chief Executive Officer of Aergo Capital, commented: “We are pleased to complete the acquisition of this Boeing 737 MAX 8 from Aircastle. I

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Heike Tamm

AAR strengthens engineering capabilities with strategic acquisition

Boeing deliveries rebound as production stabilises

ITP Aero to acquire Aero Norway

AELF acquires two B737-800s from ICBC Aviation Leasing

Germany receives first NH90 Sea Tiger

AerFin broadens B777-300ER portfolio

BAE Systems wins KF-21 IFF contract

Spirit advances restructuring plans

Asian Development Bank backs Air Niugini fleet renewal

Aergo Capital adds Boeing 737 MAX 8 to portfolio

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