To commemorate its 25th anniversary, Safran Aircraft Engines Services Morocco (SAESM), a collaboration between Safran Aircraft Engines and Royal Air Maroc, have unveiled the expansion of its Nouaceur plant near Casablanca’s Mohammed V International Airport. The two partners also formalised a memorandum of understanding (MoU) to support the continued growth of the unit, which includes
SkyWorks Holdings hasndisclosed the transactions and engagements conducted during the first quarter of 2024 across its Leasing & Asset Management and Investment Banking & Advisory Groups. Under the Leasing & Asset Management Group, SkyWorks facilitated the sale of two A321-200 aircraft leased to Aegean Airlines on behalf of Sierra Echo Aircraft Leasing. Additionally, SkyWorks negotiated
At this year’s MRO Americas in Chicago, AviTrader had the opportunity to talk to Caroline Vandedrinck, SVP Business Dev. at SR Technics, about Engines and a Diverse Workforce : SR Technics recently inducted its 5,500th engine into the engine shop in Zurich. You also started to build an additional test cell. Is Engine maintenance the
AEGEAN has announced its strategic decision to invest in an extended-range and upgraded cabin quality version of the Airbus A321neo, creating a dedicated “special purpose” sub-fleet initially comprising four aircraft. These specially configured A321neo aircraft will be capable of reaching further destinations, primarily targeting markets to the South and South-East of Greece. Equipped with additional
Rhinestahl Corporation has announced its intention to acquire HYDRO Systems KG, marking a significant step towards consolidating strengths in the aviation support equipment and services sector. The plans for this strategic acquisition were unveiled during a presentation at Aviation Week Network’s MRO Americas in Chicago, led by Dieter Moeller, CEO and President of Rhinestahl and
North America’s commercial aircraft services market is projected to experience substantial growth, reaching US$45 billion by 2042, a 45% increase from the current US$31 billion, as per Airbus’ latest Global Services Forecast (GSF). Following the pandemic, North America emerged as one of the earliest and strongest regions to recover. The demand for domestic and international
Ascent Aviation Services, an independent aircraft aftermarket services provider, has broken ground at Pinal Air Park in Marana, Arizona, on two new wide-body aircraft hangars to establish a North American conversion site to carry out passenger-to-freighter conversions and heavy maintenance. This expansion increases the Maranaoperation hangar capacity by 180,000 ft² along with an additional 60,000
Korean Air has solidified its commitment to the Airbus A350 family, marking a significant milestone as a new customer with the signing of a firm order for 33 aircraft. The order comprises 27 A350-1000s and six A350-900s. With its remarkable fuel efficiency and reduced carbon emissions, the A350 will revolutionise Korean Air’s intercontinental routes, offering
Regional aircraft lessor Abelo has acquired four ATR 72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India’s low-cost carrier, IndiGo. Stephen Gorman, CEO of Abelo, stated “We are thrilled to welcome IndiGo as a new
David McBride has been appointed Chief Technology Officer (CTO) for Supernal LLC – Hyundai Motor Group’s Advanced Air Mobility (AAM) company. McBride will lead Supernal’s technology strategy and vehicle development, reporting to CEO, Jaiwon Shin. “Following the debut of our product concept earlier this year, Superal has entered a new phase of our advanced air
