Heike Tamm

Ryan Barrett to lead CDB Aviation’s Asia Pacific commercial operations

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CDB Leasing), has released that former GECAS executive Ryan Barrett has joined its commercial team as Head of Commercial, Asia Pacific. The continued build-out of the lessor’s commercial leadership is part of ongoing efforts to strengthen CDB Aviation’s strategic presence in

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Asia-Pacific region will need over 17,600 new aircraft by 2040

According to Airbus’ newest Global Market Forecast, the next 20-year passenger traffic growth of 5.3% per annum and accelerated retirement of older less fuel-efficient aircraft will see the Asia-Pacific region require 17,620 new passenger and freighter aircraft. Nearly 30% of these will replace older less fuel-efficient models. In a region which is home to 55%

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Ukrainian carriers struggle to get insurance – UIA parks planes in Spain on lessors instructions

With escalating tension between Russia and Ukraine, two Ukrainian carriers have revealed that they have encountered problems in securing flight insurance for several internal flights. Many foreign carriers have already begun to avoid Ukrainian airspace. Ukraine International Airlines (UIA) has confirmed that it has been notified by its insurers concerning internal flights. “UIA is making

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ST Engineering secures contracts to provide integrated component support to China Airlines Group and Jeju Air

ST Engineering’s Commercial Aerospace business has secured component Maintenance-By-the-Hour (MBH™) contracts to support the carriers under China Airlines Group.Under the new multi-year contracts, which have duration between seven and 12 years, ST Engineering will provide integrated component support to the Airbus A321neo and A330 aircraft belonging to national carrier, China Airlines, and the Airbus A320neo

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Topcast Group signs new long-term agreement partnership with Cathay Pacific and HAECO ITM

Topcast Group, a global supplier of parts, services, and solutions for the aviation industry, has agreed on a new long-term contract with Cathay Pacific and HAECO ITM at the Singapore Airshow 2022. Starting with a fresh year, Topcast Group took a big step in growth of earning two major multi-year agreements for providing aircraft jack

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SIAEP signs agreement with North American industries to provide aircraft recycling solutions

SIA Engineering (Philippines) Corporation (SIAEP) has signed an agreement with North American Aerospace Industries (NAAI), an aircraft part-out specialist, to provide sustainable, end-to-end aircraft recycling solutions. Under the agreement, SIAEP and NAAI will collaborate to provide a range of services including aircraft parking and storage, component harvesting and dismantling activities on aircraft that will be

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Aviation Capital Group finalises order for 20 A220s

Global full-service aircraft lessor Aviation Capital Group (ACG), wholly owned by Tokyo Century Corporation, has signed a firm contract for 20 Airbus A220s following its order for 40 A320neo-family aircraft including five A321XLRs announced in December 2021.” “We are delighted to expand our partnership with Airbus through this A220 order”, said Steven C. Udvar-Hazy, Senior

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Boeing to offer P-8A Poseidon for Canada’s Multi-Mission Aircraft project

Boeing intents to offer the P-8A Poseidon in response to Canada’s Request for Information (RFI) for long-range maritime patrol aircraft. The Canadian Multi-Mission Aircraft (CMMA) project will replace the Royal Canadian Air Force fleet of CP-140 Aurora aircraft and enhance its anti-submarine warfare (ASW) and intelligence, surveillance and reconnaissance (ISR) capabilities. With more than 140

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China Airlines and LHT extend contract for further six years

China Airlines, the flag carrier of Taiwan, has extended the Total Component Support (TCS) contract with Lufthansa Technik for another six years minimum. The agreement covers component support for the Airbus A330 fleet comprising 23 aircraft. Lufthansa Technik also provides component services for the carrier’s Airbus A350 fleet, including simulator components as well as auxiliary

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