NOEMI Aerospace has secured NOK30 million (€3 million) from Innovation Norway to support the flight test programme for its electric amphibious aircraft, advancing what could become the world’s first certified electric amphibious aircraft for commercial passenger transport. The public funding will be matched by €4 million from private investors, bringing the total funding for the
AJet will expand and modernise its fleet with the addition of five Airbus A321neo aircraft under a new lease agreement with BOC Aviation. The new-generation aircraft, powered by Pratt & Whitney GTF engines, are scheduled for delivery in 2028 and will support the Turkish low-cost carrier’s continued growth across Europe, North Africa and the Middle
SAS has announced that President and CEO Anko van der Werff will leave the airline at the beginning of 2027 after accepting the role of CEO at Air Canada. The Board of Directors said van der Werff will remain in post until his departure, ensuring leadership stability while the airline continues to deliver on its
Scandinavian carrier SAS has ordered 18 Airbus A330-900 aircraft to support its fleet renewal and long-haul growth strategy. The agreement was signed in Copenhagen by SAS CEO Anko van der Werff and Benoît de Saint-Exupéry, Airbus Executive Vice President Sales, Commercial Aircraft. The new aircraft will enable SAS to expand its international network, increase capacity
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has extended its long-standing component support agreement with LOT Polish Airlines, expanding coverage to the carrier’s fleet of 31 Boeing 737 MAX aircraft through to 2033. The renewed agreement builds on the companies’ longstanding partnership and reflects LOT’s continued confidence in AFI KLM E&M’s Boeing
ecube has announced the departure of Chief Executive Officer Lee McConnellogue and Chief Operating Officer Simon Nolan, with both stepping down from their roles with immediate effect as the company enters a new phase of integration. The company paid tribute to the pair for their leadership, commitment and contribution to ecube’s growth and success over
KKR has committed a further US$1.4 billion in equity to expand its global commercial aircraft leasing portfolio with Altavair, building on two existing partnerships. The investment will be funded primarily through KKR’s infrastructure and asset-based finance strategies. Since forming their strategic partnership in 2018, KKR-managed funds have committed more than US$8 billion to aircraft leasing
Bain Capital has launched JB Aircraft Finance, LLC, a new corporate jet financing and leasing platform focused on the mid-life business aircraft market. The venture has been established in partnership with aviation industry veteran Thomas Garbaccio and Miami-based Brickell Asset Management. JB Aircraft Finance aims to address a longstanding gap in corporate aviation by providing
Bell Textron has announced an order for three additional Bell 407GXis from Life Flight Network, the largest not-for-profit air medical programme in the United States and operator of the world’s largest Bell HEMS fleet, comprising 35 Bell aircraft. The new mission-ready helicopters will strengthen the organisation’s ability to deliver rapid-response emergency medical care across its
TrueNoord has diclosed that investor Arcus Infrastructure Partners has firmly agreed to acquire an approximate 74% stake in the business, while founding investor Freshstream will re-invest to retain the remaining share. The move marks a significant step in the company’s growth, providing stable capital to support future aircraft acquisitions as TrueNoord continues to build a
