AerCap completes acquisition of GE Capital Aviation Services

AerCap Holdings, a global leader in aircraft leasing, has completed its acquisition of the GE Capital Aviation Services business (GECAS) from General Electric (GE). The acquisition positions AerCap as the worldwide industry leader across all areas of aviation leasing: aircraft, engines and helicopters. The combined company will serve approximately 300 customers around the world and […]

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ARCTOS names Chris Greamo as President and Chief Executive Officer

People

ARCTOS has named defence technology leader Chris Greamo as its new President and Chief Executive Officer (CEO). Greamo has extensive technical competence and significant experience leading innovative defence technology enterprises. He previously served as president and CEO of Two Six Labs, building the technical products and services company with greater than 30% annual growth and

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AFG Aviation Ireland completes acquisition of two Boeing B747-8F freighter aircraft

Uncategorized

AFG Aviation Ireland, a wholly owned subsidiary of Aircraft Finance Germany GmbH, has completed the acquisition of two two Boeing B747-8F freighter aircraft bearing MSN 37562 and MSN 37563 from Saudi Arabian Airlines Corporation (Saudi Arabia) for its strategic partner Hongyuan Group (the People’s Republic of China). The Hongyuan Group is the official warehousing and

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Chaos as American Airlines forced to cancel 1,500 flights over the weekend and delay a further 1,000

Airlines & Routes, Top Stories

A combination of bad weather and staff shortages forced American Airlines to cancel 367 flights on Friday, 551 on Saturday, and 634 on Sunday, blaming a combination of bad weather and staff shortages. “With additional weather throughout the system, our staffing begins to run tight as crew members end up out of their regular flight

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Spain’s Supreme Court has ruled that staff pay cuts and working condition changes imposed by Ryanair during the COVID-19 pandemic were unlawful

Ryanair posts first half loss of €48 million

Financial

Ryanair has released that first half (H1) scheduled revenues have increased 61% to €1.27 billion as traffic jumped 128% from 17.1 million to 39.1 million (at a 79% load factor). The COVID disruption of Easter traffic, the delayed relaxation of EU travel restrictions into May/June, and the uncertainty caused by the UK’s traffic light system

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Vietjet and Rolls-Royce sign US$400 million deal for modern aircraft engines

Aircraft & Engines

Vietjet and Rolls-Royce have signed an agreement to provide engines and engine services for the airline’s future wide-body fleet with a total value of approximately US$400 million (£290 million). The Trent 700 engine is the only engine specifically designed for this wide-body aircraft and is widely recognised for its outstanding efficiency and reliability. Since its

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CAE to acquire Sabre’s AirCentre airline operations portfolio

Financial

CAE and Sabre Corporation have announced an agreement for CAE to acquire Sabre’s AirCentre airline operations portfolio (AirCentre) – a highly valuable suite of flight and crew management and optimisation solutions. The agreement, which is valued at US$ 392.5 million excluding post-closing adjustments, includes the Sabre AirCentre product portfolio, related technology and intellectual property as well

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First A319neo takes to the skies with 100% sustainable aviation fuel

Aircraft & Engines

Airbus, Dassault Aviation, ONERA, the French Ministry of Transports and Safran have launched the first in-flight study of a single-aisle aircraft running on unblended sustainable aviation fuel (SAF). During the flight test over the Toulouse region on October 28, one CFM LEAP-1A engine of an Airbus A319neo test aircraft operated on 100% SAF. Initial results

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Boeing breaks ground for new MRO facility in Jacksonville

Military & Defense

Boeing has begun construction of a new 370,000 ft² maintenance, repair and overhaul (MRO) facility located at Cecil Airport that, once complete, will support Boeing’s ability to deliver readiness outcomes for US government customers. The facility will include eight new hangars, additional workspace and offices where Boeing maintainers, engineers and data analysts will support US

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Air Transat appoints Sonia Kurek as new Commercial Director of UK, Ireland and GSA Markets

People

Canadian leisure airline Air Transat, has announced the appointment of Sonia Kurek as its new Commercial Director of UK, Ireland and GSA Markets. Joining Air Transat on November 1, 2021, Kurek will lead the airline’s global team to develop its commercial strategy, including all sales and marketing activity across every distribution channel. She will lead

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Heike Tamm