Mesa Air Group has unveiled a series of agreements with United Airlines (United) that promise to significantly enhance its operating income and liquidity over the coming year. Additionally, the company has provided an update on its efforts to reduce debt and fortify liquidity by selling excess CRJ-900 assets. Highlights of the United agreements: The United
Aergo Capital (Aergo) and Acumen Aviation (Acumen) have announced a dynamic collaboration aimed at elevating the scope of aviation asset and investment management services for their esteemed investor base. This strategic partnership capitalises on the extensive knowledge and decades of experience inherent in both organisations, presenting a holistic and more thorough and comprehensive approach to
Raytheon Technologies Corporation (RTX) has officially announced the appointment of Phil Jasper as the new President of Raytheon. Jasper, a seasoned aerospace and defence professional with 31 years of experience, will report directly to Christopher T. Calio, the President and Chief Operating Officer of RTX. He will be taking over from Wesley D. Kremer, who
Alaska Airlines (Alaska) has taken delivery of the first Boeing 737-8 aircraft – the next component of its strategic, long-term fleet plan that builds on its strengths and provides a road map for ongoing future success. From 2024 through 2027, Alaska is on track to add 15-25 new Boeing aircraft each year. Currently the carrier
The Road less travelled – an overview of ‘women’ in aviation maintenance By: Swaati Ketkar When I first heard this topic from my editor, a wave of relief washed over me. How difficult could it be to find women working in the aerospace maintenance, repair and overhaul (MRO) sector? A little research left me in
Boeing has named Stephanie Pope as the Executive Vice President and Chief Operating Officer of The Boeing Company. Effective January 1, 2024, Pope will report directly to Boeing President and Chief Executive Officer Dave Calhoun. In her newly established role, Pope will oversee the performance of Boeing’s three business units, driving excellence in supply chain,
The Government of Canada has inked a Foreign Military Sales letter of offer and acceptance for the procurement of up to 16 Boeing P-8A Poseidon aircraft, marking a significant milestone in the Canadian Multi-Mission Aircraft (CMMA) project. Canada joins a group of eight nations selecting the P-8, recognised as the sole proven, in-service, and in-production
SAS Scandinavian Airlines (SAS) has achieved a significant milestone in its SAS FORWARD plan as the U.S. Bankruptcy Court for the Southern District of New York grants approval for the airline’s entry into an investment agreement with the winning bidder consortium. Comprising Castlelake, Air France-KLM, Lind Invest ApS and the Danish state, the investors are
With its LCCevolution project, Lufthansa Cargo is pressing ahead with modernising the Frankfurt hub: In August of this year, construction work began on the new warehouse, including the automated transport system and the first building modules in the north of Frankfurt Airport. In addition to the new building, the existing buildings and warehouses of the
Akbar Al Baker, who has been at the helm of Qatar Airways since 1997, is set to resign from his position as the airline’s Chief Executive on November 5, 2023. This unexpected development marks the end of one of the longest-serving leadership tenures in the aviation world. The reasons for Al Baker’s departure were not
