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Jet fuel prices have reached 12-year highs

As China’s reopening takes to the skies China made headlines again in the last week with the shooting down of a spy balloon over the U.S and subsequently at several other sightings in different parts of the world. For the aviation industry however, soaring jet fuel demand data will be vital to understanding if China’s

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Willis Aviation Services Limited expands service offerings

Willis Lease Finance Corporation has released that its United Kingdom subsidiary, Willis Aviation Services Limited (WASL), has expanded its service offerings to include UK CAA base maintenance approvals for the Airbus A320 family, Boeing 737NG, ATR 42/72 and Embraer 135/145 aircraft. These latest approvals complement WLFC’s existing UK CAA and EASA line maintenance approval capabilities

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FL Technics extends Part-CAMO capabilities to meet future demand of MRO industry

FL Technics, a global provider of aircraft maintenance, repair, and overhaul (MRO) services, has received certification update with extended CAMO (continuing Airworthiness Management Organization) capabilities to service Airbus A220, and Boeing B737-MAX and B787 aircraft. The new approval is the result of rigorous FL Technics development in 2022 focused on industry trends related to efficiency

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NAC and GE Aerospace sign MOU to explore carbon offset programme for NAC’s aircraft leasing operations

Nordic Aviation Capital (NAC) has entered into an MOU with GE Aerospace to explore a CORSIA*-compliant carbon offset programme that will allow NAC to offset carbon associated with its ferrying of aircraft and its directemployee long-haul business travel. The signing of this MOU represents NAC’s commitment to driving a more sustainable business model. Brian Power,

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Raytheon Technologies reports fourth-quarter 2022 results including for subsidiaries Pratt & Whitney and Collins Aerospace

Raytheon Technologies has reported fourth-quarter sales of US$18.1 billion, up 6% over the prior year. GAAP EPS from continuing operations of US$0.96 was up 109% versus the prior year and included US$0.31 of acquisition accounting adjustments and net significant and/or non-recurring charges. Adjusted EPS of US$1.27 was up 18% versus the prior year. Both GAAP and

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Fraport assumes responsibility for aviation security checks at Frankfurt Airport

Since January 1, 2023, Fraport has assumed responsibility for the organisation, management and performance of the security checkpoints at Frankfurt Airport (FRA). The German Federal Police, which was previously tasked with these responsibilities, will continue to hold statutory oversight and supervision roles, as well as overall responsibility for aviation security. It will also continue to

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