Boeing and Alaska Airlines has signed a formal agreement to purchase Virtual Airplane (VA), marking a significant milestone in the partnership between the two companies. The agreement was signed during the World Aviation Training Summit (WATS) in Orlando, Florida. Alaska Airlines has been a key development partner since the early stages of the Virtual Airplane […]
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Avora Aviation has successfully delivered an Airbus A321-211 aircraft to Cairo-based Sky Vision Airlines under a dry operating lease agreement. The aircraft has been added to the Egyptian register and ferried to its operating base ahead of entering commercial service, where it will support the airline’s international route network expansion. The transaction reflects Avora Aviation’s
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Azorra has announced the acquisition of an Airbus A220-300 order portfolio from Dubai Aerospace Enterprise (DAE). The deal includes eight A220-300 aircraft, two of which are currently leased to TAAG Angola Airlines, representing Azorra’s first leasing relationship with the carrier. The remaining six aircraft are due for delivery in 2027 and 2028, increasing Azorra’s total
Azorra to acquire DAE’s Airbus A220 order book Read More »
VSE Corporation (VSE) has disclosed that it has successfully finalised its acquisition of Precision Aviation Group (PAG), a portfolio company of GenNx360 Capital Partners (GenNx), in a transaction valued at approximately US$2.025 billion in cash and equity. “Today marks a significant milestone in executing our strategy to build a focused, high-quality aviation aftermarket platform,” said
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Willis Lease Finance Corporation (WLFC) has reported its financial results for the first quarter ended March 31 2026 and announced a quarterly dividend of $0.40 per common share. The dividend is scheduled to be paid on 22 May 2026 to shareholders on record as of the close of business on May 11 2026. Willis Lease
WLFC reports record quarterly lease rent revenue in Q1 2026 Read More »
euroAtlantic Airways (euroAtlantic) has announced the appointment of Pauls Calitis as Chief Executive Officer, effective from May 18 2026. Calitis succeeds Stewart Higginson, who will move into the role of Non-Executive Chairman of the Board. The planned leadership transition reflects the company’s continued commitment to strong governance, operational continuity and long-term value creation. Calitis brings
euroAtlantic Airways confirms Pauls Calitis as new CEO Read More »
Textron Aviation (Textron) has opened a new service facility at Essendon Fields Airport in Melbourne, expanding factory-direct support for Cessna, Beechcraft and Hawker operators across Australia and the Asia-Pacific region. The dedicated facility enhances Textron Aviation’s global service network and demonstrates the company’s continued investment in expanding maintenance capacity and strengthening customer support throughout aircraft
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ITP Aero has marked the expansion of its Hyderabad operations with a groundbreaking ceremony for a new facility in Hyderabad, India. The development will further strengthen the company’s presence in the country and reflects its continued long-term investment in the region. Having operated in Hyderabad for 15 years, ITP Aero has established strong engineering and
ITP Aero starts development of new Hyderabad aerospace facility Read More »
Tawazun Council for Defence Enablement, the national body responsible for enabling and regulating the UAE’s defence and security industrial ecosystem, has awarded a contract to Embraer for the procurement of ten firm C-390 Millennium aircraft, with options for a further ten, to enhance the country’s operational airlift capabilities in collaboration with a UAE-based defence company.
Embraer lands largest-ever C-390 export deal Read More »
Ascent Aviation Services used MRO Americas 2026 in Orlando to showcase a series of strategic developments, underlining its ambitions for continued growth in the MRO sector. Central to its presence at the event was the unveiling of two new wide-body hangars, representing a significant expansion of its infrastructure and operational capacity. These newly introduced facilities
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