Heike Tamm

Cebu Pacific chooses Airinmar to provide warranty management and value engineering support services

AAR subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, has signed a new services agreement with Philippines-based low-cost carrier Cebu Pacific. Airinmar will provide Cebu Pacific with a full suite of support services covering both aircraft warranty management and value engineering. Warranty management services will include the identification,

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Embraer’s Eve and BLADE India announce partnership for Indian UAM ecosystem development

FlyBlade India (BLADE India) is a joint venture involving Hunch Ventures, a privately held New Delhi investment firm and BLADE India, an offshoot of Blade, the technology-powered urban air mobility (UAM) platform while Eve is an accelerated start-up for the UAM ecosystem backed by Brazilian planemaker Embraer. The two have announced a joint venture whereby

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Air India and Willis Lease Finance ink multiple ConstantThrust® engine sales and leasebacks

Air India has signed definitive sale-and-leaseback agreements with Willis Lease Finance (Willis Lease) for 34 CFM56-5B engines installed on its Airbus A320-family fleet. The engines will be covered under Willis Lease’s ConstantThrust® programme, which will deliver significant reliability and cost savings versus a traditional MRO shop visit programme. This is the first ConstantThrust® sale-and-leaseback agreement

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China Airlines selects Boeing 787 to expand global network and cargo capacity

Boeing and China Airlines have finalised an order for up to 24 Boeing 787 Dreamliners, as the carrier invests in the fuel-efficient wide-body jet to expand passenger and cargo operations. The deal includes a firm order for 16 of the longest-range 787-9s with options for eight additional jets, a landmark purchase that will enable the

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AFG Aviation Ireland completes acquisition of Boeing 757-200F aircraft

On 28 September 2022 AFG Aviation Ireland Limited, a wholly-owned subsidiary of Aircraft Finance Germany GmbH (Germany), completed the acquisition of one Boeing 757-200F aircraft bearing MSN 25622, as well as one Rolls-Royce RB211 engine with ESN 30512 from a subsidiary of ASL Aviation Holdings DAC (Ireland) for its customer Airline Geo Sky (Tbilisi, Georgia).

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Finnair

Finnair starts change negotiations, estimates 200 jobs could be reduced globally

Finnair starts change negotiations with its employees to discuss plans to re-organise the company through personnel redundancies and changing job descriptions. The plan is linked to Finnair’s new strategy which focuses on restoring Finnair’s profitability. The plan targets to build Finnair’s different functions to meet the size of the company and the changes in Finnair’s

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