PZL-Świdnik, the Polish company fully owned by Leonardo, has been awarded a contract by the Polish Ministry of Defence (MoD) worth PLN 8.25 billion (approximately £1.51 billion) ) for the supply of 32 AW149 multirole helicopters. The contract was announced during an official ceremony held at PZL-Świdnik’s facility on July 1, in the presence of […]
Turkish Technic and the national airline of Oman, Oman Air, have signed a comprehensive ten-year component pool and advance exchange contract for the airline’s fleet of Boeing B737 Next Generation and Boeing 737 MAX family. In accordance with the contract, Istanbul-based maintenance, repair and overhaul provider, Turkish Technic, will provide component pool, component maintenance and
Turkish Technic and Oman Air sign component pool and advance exchange services agreement Read More »
Daher has marked a major expansion of its U.S. industrial presence by acquiring the metallic and composite aerostructures assembly facility in Stuart, Florida, reinforcing the company’s position as a Tier 1 supplier for aircraft manufacturers in North America and beyond. The completion of this acquisition from TRIUMPH is bringing Stuart’s approximately 400 employees into Daher’s
Daher completes acquisition of Stuart, Florida aerostructures production facility Read More »
Two-thirds (66%) of large enterprises globally say they are keeping more stock on hand now compared to the pre-pandemic period, with nearly one in five in total (18%) retaining “significantly more” stock. This growing focus on taking innovative measures to address supply chain disruption is highlighted in new research commissioned by IFS, polling over 1,450
Harald Gloy completes the three-member Executive Board at Lufthansa Technik as new COO and Labor Director, Sören Stark has taken over as Chairman of the Executive Board of Lufthansa Technik from Dr Johannes Bussmann who leaves the Lufthansa Group at his own request after 23 years. At the same time, Gloy has succeeded Stark as
Sören Stark takes over as Chairman of the Executive Board of Lufthansa Technik Read More »
Stratos, a leading aircraft investment specialist and asset manager with a substantial portfolio of leased aircraft, has expanded its presence in Japan with a dedicated office in Toranomon, Tokyo staffed by two industry veterans. Masayuki Kamada has been appointed as Head of Japan and joins from FPG where he spent the past seven years as
Stratos opens office in Japan Read More »
The office of the inspector general of the U.S. Transportation Department has confirmed that it will now audit the Federal Aviation Administration’s (FAA’s) oversight of Boeing’s manufacture of the 737 and 787 jet. In particular the FAA will review the FAA’s processes for “identifying and resolving” production issues and “addressing allegations of undue pressure within
FAA’s role in Boeing 737 and 787 production oversight to be audited Read More »
Embraer and Pratt & Whitney have successfully tested a GTF-powered E195-E2 aircraft on 100% sustainable aviation fuel (SAF). The test, with one engine running on 100% SAF, validated that GTF engines and the E-Jets E2 family can fly on both engines with blends of up to 100% SAF without any compromise to safety or performance.
Embraer and P&W complete 100% SAF flight testing of GTF-powered E195-E2 aircraft Read More »
International Airlines Group (IAG) is converting 14 A320neo-family options, announced in August 2013, into firm orders for 11 A320neos and three A321neos. This is in addition to the conversion of eight A320neo-family options which IAG exercised in March 2022 for six A320neos and two A321neos. These aircraft will be delivered in 2024 and 2025 and
IAG converts 14 A320neo-family options into firm orders Read More »
LCI, a leading aviation company and a subsidiary of the Libra Group, has announced the acquisition of a portfolio of 19 helicopters from Lobo Leasing, alongside RIVE Private Investment and Turning Rock Partners. The portfolio is valued at over US$115 million (£94 million) and comprises helicopters from leading manufacturers including Airbus Helicopters, Bell, Leonardo and
LCI acquires 19-helicopter portfolio Read More »
