Altavair L.P. (Altavair), a global leader in commercial aviation lease finance, has announced the expansion of its international footprint with the opening of Altavair Limited in Dublin, Ireland. The new office and team will complement Altavair’s existing operations in London, Seattle and Singapore with increased support in marketing, technical, accounting, legal and contract management. “We
IAG, parent company to BA, Vueling, Iberia and Aer Lingus, has decided to cut back on an anticipated summer ramp-up in short-haul flights owing to staffing problems. As a result of the Omicron variant of the COVID-19 virus which has led to flight crew shortages, together with a general lack of ground staff, plus IT
Astronics Corporation, a leading provider of advanced technologies for global aerospace, defence, and other mission critical industries, has expanded its CorePower® product portfolio and capabilities to address the needs of the emerging electric aircraft industry. The company’s CorePower product line offers advanced flight-critical electrical power generation, conversion, distribution and control, primarily for smaller rotary and
Airbus is expanding its flight training portfolio, by extending its Competency Based [pilot] Training and Assessment (CBTA) offer to include Evidence Based Training (EBT). This new flight training concept will enable airlines to incorporate operational and training data in order to adapt training programmes for technical and non-technical skills. EBT is currently being offered as
Boeing Capital Corporation, a wholly-owned subsidiary of The Boeing Company, has released the 2022 Commercial Aircraft Financing Market Outlook (CAFMO) showing improving financing stability as the industry recovers from the impacts of the global pandemic. “Financiers and investors remain committed to the long-term fundamentals that continue to make aircraft a valuable asset class,” said Tim
ExxonMobil has announced that Kalitta Air will now use Mobil Jet™ Oil II and Mobil™ HyJet™ IV-Aplus across its entire fleet. Kalitta Air, which currently uses Mobil Jet Oil II as well as Mobilgrease™ 33 and Mobilgrease™ 28 in its Boeing 777 freighter fleet, will commit to using Mobil Jet Oil II in its Boeing
Rex, Australia’s independent regional and domestic airline, has signed a Letter of Intent (LOI) with Delta Air Lines, confirming the parties’ intention to enter into a ‘definitive commercial agreement’. The final agreement will see Rex and Delta providing reciprocal interline ticketing and baggage services to each other commencing during the third quarter of 2022. “This
IBA, the aviation industry consultant, has outlined the continued buoyancy of the freighter aircraft marketplace, even as the recovery from the pandemic gathers pace. The Boeing 737-800 freighter fleet has almost doubled in size to 113 from 59 a year ago, demonstrating its sustained appeal as an aircraft of optimal size and value for conversion.
In conjunction with Earth Day, StandardAero has announced that the company is setting a global goal to reduce its overall carbon footprint by net 45% by the year 2030 and to achieve a net-zero carbon footprint by 2050. The new goals were launched to enhance the success of StandardAero’s GreenERmro initiative, a multi-year programme to
Bombardier will begin a new era in Wichita, U.S. Bombardier’s footprint in Wichita includes an expanding service centre that supports Bombardier’s entire family of Learjet, Challenger and Global business jets. The site also continues to operate one of the leading flight test centres that performs testing and certification of aircraft upgrades on all new Bombardier
