Daiwa Securities Group and Airborne Capital have announced a transformative partnership aimed at expanding investment opportunities in the aircraft leasing sector, a key driver of Japan’s post-COVID economic recovery. The joint venture, expected to be named Daiwa Airborne, will combine the strengths of both companies to provide tailored fleet options and stable returns, setting a
With COP29 coming to a close, IBA, the aviation market intelligence and advisory company, has forecast a growing divergence between mandated demand for sustainable aviation fuel (SAF) and the demand based on larger airlines’ planned SAF use. From around one million tonnes in 2024, IBA predicts that SAF production will grow substantially to 26.8 million
GA Telesis, a global pioneer in aerospace ecosystem solutions, has announced the establishment of its state-of-the-art Digital Innovation and R&D Centre in Ankara, Türkiye. This marks a pivotal advancement in the company’s digital transformation strategy and bolsters the capabilities of GA Telesis’ Digital Innovation Group. The facility will enable the in-house development of the company’s
Lufthansa Cargo’s subsidiary, time:matters GmbH and Shenzhen Airport Group Co., have announced plans to deepen their partnership, focusing on logistics handling services. Shenzhen Airport, located in the Guangdong-Hong Kong-Macao Greater Bay Area, is a key player in the e-commerce sector and has experienced a significant rise in cross-border air transport volumes. Since July 2024, Lufthansa
Pan Am Flight Academy has reported the acquisition of its newest Level D B737-NG Full Flight Simulator (FFS). This cutting-edge simulator has been installed at the new Pan Am Flight Academy training centre located in the Axis Park complex in Hialeah, FL. Equipped with Boeing 737-NG standard specifications, the simulator features the CFM-56 engine. It
SkyFive, a provider of smart inflight connectivity solutions, has partnered with Lufthansa Technik to scale the delivery of cost-effective Air-to-Ground (A2G) broadband services for commercial airlines worldwide. This collaboration, established through a new framework agreement, leverages Lufthansa Technik’s expertise in design and production to create, certify and manufacture installation kits that simplify fleet upgrades with
Qantas and CAE have officially inaugurated a state-of-the-art training centre in St Peters, near Sydney Airport. The centre is designed to train thousands of new and existing pilots from Qantas and Jetstar annually. Developed in collaboration with global training provider CAE, the facility features five full-flight simulators, three fixed training devices and ten classrooms, with
Boeing has announced the issuance of 2,500 layoff notices as part of a broader plan to reduce its workforce amid ongoing financial struggles. These notifications began on November13, 2024 and will continue through mid-November, with affected employees’ final day on the payroll set for January 17, 2025. This is part of a larger effort to
FL Technics Indonesia, a prominent MRO service provider in the Asia-Pacific region, has taken a major step toward sustainability and operational efficiency with the adoption of the Mototok Spacer 8600 NG technology. This advanced tow bar-less aircraft tug has been operational at the company’s Bali hangar since January 2024, making FL Technics Indonesia a pioneer
Boeing’s 2024 World Air Cargo Forecast (WACF) anticipates robust growth for the air cargo industry, projecting an average annual increase of 4% in air cargo traffic through 2043. This sustained growth follows a post-pandemic resurgence, with current air cargo volumes already exceeding pre-pandemic levels. Darren Hulst, Boeing’s Vice President of Commercial Marketing, attributes this momentum
