The official ground-breaking ceremony at Pinal Air Park in Marana, Arizona © Ascent Aviation Services

Ascent Aviation Services breaks ground in Marana, Arizona, on two new hangars

April 2, 2024

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

Rendering of Korean Air Airbus A350 © Airbus

Korean Air finalises order for 33 Airbus A350s

April 2, 2024

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

Cambodian Angkor Air will add three new ATR 72-600s to its fleet in 2025 © ATR

Abelo welcomes IndiGo as a new partner

March 26, 2024

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 becomes Chief Technology Officer for Supernal

March 26, 2024

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

Rolls-Royce to invest £55 million in the UK and Germany to meet demand for civil large engines

March 15, 2024

Rolls-Royce has announced significant investments in its assembly, test and shop visit capacity in the UK and Germany to address the increasing long-term demand for new civil large engines and enhance customer aftermarket support services for its global Trent engine fleet. According to projections outlined at last year’s Capital Markets Day, Rolls-Royce anticipates an annual

WLFC posts record financial results for 2023

March 15, 2024

Willis Lease Finance Corporation (WLFC) has posted annual total revenues of US$418.6 million and pre-tax income of US$67.1 million. Lease rent revenue increased by US$50.6 million, or 31.1%, to US$213.1 million in 2023, compared to US$162.6 million in 2022, primarily reflecting an increase in the number of engines acquired and placed on lease, including growth

A350F in future livery design as revealed at Paris Le Bourget © Airbus

Airbus establishes OpenCargoLab in collaboration with airfreight industry leaders

March 14, 2024

Airbus has launched the OpenCargoLab, a collaborative initiative with leading partners from the airline, logistics and handling sectors, focusing on the entire airfreight ecosystem. The collaboration involves a team of experts from CHAMP Cargosystems, Fraport, KLM Cargo, Kuehne+Nagel and Swissport. Together, the partners will work to drive digital, resource-saving concepts, contributing to more resilient and

Two Cessna Grand Caravan EX aircraft will be equipped to ensure the border sovereignty of the country of Djibouti © Textron Aviation

Textron receives order for two Cessna Grand Caravan EX turboprop aircraft

March 14, 2024

Textron Aviation has been awarded a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for two Cessna Grand Caravan EX turboprop aircraft. The aircraft will be owned and operated by the Djiboutian Air Force (DAF). This acquisition is the third delivery order under a recently established indefinite delivery, indefinite quantity (IDIQ) contract that allows up to

Honeywell will supply 105 T55-GA-714A engines to support Germany’s procurement of new CH-47F aircraft © Honeywell

T55 engines to power Germany’s first Chinook helicopters

February 27, 2024

Honeywell will supply 105 T55-GA-714A engines to support Germany’s procurement of new CH-47F aircraft, the country’s first fleet of Chinook helicopters. This sale supports Honeywell’s alignment with the compelling megatrend of the future of aviation. “The German army’s selection of the CH-47F Chinook helicopter is a testament to the reputation of not just the CH-47F, but also the

US$35 million will go to Washington Dulles International Airport in Virginia, funding a portion of the construction of a 14-gate, 400,000 ft² terminal building

FAA allocates US$970 million to upgrade and expand 114 U.S. airports

February 16, 2024

The Federal Aviation Administration (FAA) is set to distribute US$970 million from President Biden’s Bipartisan Investing in America agenda to 114 airports across the country, covering 44 states and three territories. This announcement, part of the Administration’s Investing in America tour, fulfils President Biden’s commitment to rebuilding the nation’s infrastructure, lowering costs for families, creating

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