Barnes Aerospace, a global force in component repair services and the production of advanced aero engine parts, has announced a leadership change with the appointment of George Whittier as its Chief Executive Officer, effective May 12, 2025. The position marks a new chapter for the company as it becomes an independent platform under the broader
Elbe Flugzeugwerke GmbH (EFW), the Airbus centre of excellence for passenger-to-freighter (P2F) conversions, has announced the successful rollout of its first A330P2F aircraft for Air Transport Services Group (ATSG). This milestone delivery is part of a larger agreement in which EFW will convert and redeliver 30 Airbus A330P2F freighters to ATSG, a prominent player in
Aviation Capital Group (ACG), a premier global full-service aircraft asset manager, has delivered one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (SAS). Featuring CFM International LEAP-1A engines, this is the eleventh aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-and-leaseback transaction between ACG and SAS. ACG specialises in
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
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
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
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
