There are several advantages to leasing an aircraft over buying it, especially if you are a new operator, are looking at a rapid expansion programme, need flexibility to adapt to changing market demands, or want to test new routes. With the option of a straightforward lease, or a sale-and-leaseback agreement, having less money tied up
EirTrade has received full planning permission from Mayo County Council to significantly expand its facility at Ireland West Airport Knock, strengthening its aircraft disassembly and maintenance capabilities. The development will extend the company’s existing 2,100 m² site with a new 10,500 m² facility designed to increase capacity for engine and airframe disassembly, as well as
Estonian-founded SkySelect, an AI-powered procurement platform for aviation parts, has raised US$9 million in new funding. Airlines currently face significant operational and financial challenges linked to parts sourcing. Globally, carriers hold around US$50 billion in excess inventory, much of it tied up in legacy procurement systems that lack real-time visibility. When aircraft are grounded due
Precision Aviation Services, a subsidiary of Precision Aviation Group, Inc. (PAG), has been approved as an Authorised Autopilot Installer (AAI) for the Thales and StandardAero StableLight Autopilot System. The next-generation four-axis autopilot is designed specifically for the light rotorcraft market. This new authorisation significantly expands PAG’s avionics installation and modernisation capabilities, enabling customers to benefit
HAECO has signed a new contract with Air India to provide technical ground handling services at Shanghai Pudong International Airport (PVG). Under the agreement, HAECO will deliver line maintenance support for Air India’s wide-body fleet — including Boeing 777, Boeing 787 and Airbus A350 aircraft — for three years, through to 2029. Building on earlier
With demand for narrow-body aircraft continuing to surge, Delta TechOps has expanded its CFM International LEAP engine portfolio, becoming the first and only North American airline maintenance, repair and overhaul (MRO) provider licensed to support both the CFM LEAP-1A and CFM LEAP-1B engines. The addition of full overhaul capability for CFM LEAP-1A engines further strengthens
1. Can you tell us a bit about the history of Aeras Aviation? Aeras Aviation was founded in October 2017 in Dubai with a bold and focused ambition: to become a trusted global partner in aviation asset management and aftermarket solutions. From day one, we recognized that turbine availability, cost volatility, quality, and regulatory complexity
Elbe Flugzeugwerke (EFW), the Airbus–ST Engineering joint venture specialising in passenger-to-freighter (P2F) conversions, has signed a contract with Hong Kong-based aircraft lessor Asia Pacific Aviation Leasing Group (APAL) to convert an Airbus A330-300 passenger aircraft into a freighter. The conversion programme will begin in the second quarter of 2026 at one of EFW’s partner conversion
TAT Technologies (TAT), a supplier of products and services to the commercial and military aviation sectors as well as the ground defence industry, has signed a new agreement with a major global cargo airline to provide maintenance, repair and overhaul (MRO) services for two auxiliary power unit (APU) platforms. The combined estimated value of the
Joby Aviation (Joby) has begun flight testing its first FAA-conforming aircraft as part of the Type Inspection Authorization (TIA) process, marking a significant step towards type certification and the eventual launch of commercial air taxi services. The aircraft, registered as N547JX, is the first in a fleet currently being produced to support the rigorous TIA
