Pratt & Whitney has completed a fully digital technical assessment of its XA103 engine under the U.S. Air Force’s Next Generation Adaptive Propulsion (NGAP) programme, marking a key step towards hardware production and testing. The assembly readiness review confirms the company’s transition from digital design into the procurement and manufacture of physical engine components. The […]
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Novus Aviation Capital (Novus), in partnership with Sumitomo Mitsui Trust Bank (SMTB), has launched the Ortus Aircraft Leasing Fund, L.P. III (Ortus III), the third in a series of operating leasing funds focused on acquiring Airbus and Boeing aircraft placed on lease with airlines worldwide. The launch of Ortus III comes amid continued strength in
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StandardAero has acquired Unified Turbines, LLC (Unified Turbines) in an all-cash transaction. Unified Turbines marks StandardAero’s 14th acquisition since 2015 and its eighth within the Component Repair Services (CRS) segment. Founded in 1997 and operating from its facility in Milton, Vermont, Unified Turbines is an FAA Repair Station. The company provides hot section component repair
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EirTrade Aviation has promoted Eoin Doherty to the role of Vice President – Pricing, where he will lead the company’s highly analytical pricing team responsible for airframe and engine evaluations supporting the acquisition of a broad range of aviation assets. The detailed market intelligence and analysis produced by the team play a key role in
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Scoot, the low-cost subsidiary of Singapore Airlines (SIA), is strengthening its regional growth strategy with an order for five additional Airbus A320neo-family aircraft, alongside the exercise of options for a further six aircraft from its original 2014 agreement with Airbus. The 11 new aircraft, all powered by Pratt & Whitney PW1100G-JM geared turbofan (GTF) engines,
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Jet Aviation has delivered the first of three PC-24 aircraft acquired for the French Navy. The company will also provide ongoing sustainment support for the fleet. The delivery forms part of a contract between Jet Aviation France and the Direction de la Maintenance Aéronautique (DMAé), covering aircraft acquisition, leasing and sustainment within a single support
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ACIA Aero Leasing (ACIA), a provider of regional aircraft leasing and lease management services, has announced the completion of a sale-and-leaseback transaction involving two ATR72-600 passenger aircraft operated by Braathens Regional Airlines. The two aircraft, MSN 1348 and MSN 1357, operate regional routes across Sweden and Northern Europe on behalf of SAS. The transaction increases
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IBA, the aviation intelligence and advisory company, has warned that the collapse of Spirit Airlines may signal broader stress across the low-cost carrier (LCC) sector, with the airline’s financial position deteriorating sharply in the year leading up to its failure. Data from IBA’s Insight aviation intelligence platform found that, in 2025, the airline reported a
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Malaysia’s AirAsia has placed an order for 150 next-generation A220-300 aircraft. The agreement marks the largest single firm order for the A220 to date and takes the programme beyond the milestone of 1,000 firm orders, highlighting the aircraft’s strong global market appeal. The contract was announced during a ceremony at the Airbus facility in Mirabel,
AirAsia confirms record order for 150 Airbus A220 aircraft Read More »
Pratt & Whitney (RTX) has secured an agreement to power AirAsia X’s new fleet of 150 Airbus A220 aircraft with its GTF™ engines, with deliveries due to begin in 2028. As part of the deal, Pratt & Whitney will also provide long-term engine maintenance support through a 12-year EngineWise® Comprehensive service agreement, reinforcing its partnership
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