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F3 Logistics expands with Pentagon 2000 Software

F3 Logistics has implemented Pentagon 2000SQL™ to expand operations with support for procurement and logistics services to the U.S. Air Force and other industry customers. F3 Logistics was recently awarded a Third Party Equipment Purchasing (3PEP) small-business contract to improve war fighter support, maintain or lower costs for the government, ensure continued utilisation/increase of small

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SmartLynx Airlines now flies with two Airbus A330 for Condor

In June 2022, SmartLynx Airlines entered the long-haul market and started operations for Condor Flugdienst GmbH with an Airbus A330. For the winter season, another aircraft of the type has been added with services starting in December. The basis is a wet-lease agreement concluded with the German holiday airline. The current flight schedule from Frankfurt

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Hyperion Aero Capital launches new aircraft financing platform

Hyperion Aero Capital PLC (Hyperion) has launched an aircraft funding platform focused on providing financing for long-term cargo leasing and leased business jets. Hyperion has been established to combine decades of experience in aviation fleet management with financing to provide a range of currency-agnostic hybrid opportunities including debt, equity and convertible instruments for aircraft financing.

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Multi-Billion dollar O’Hare Airport terminal construction gets green light from FAA

Construction can start on new passenger terminals at O’Hare International Airport U.S.A., after the Federal Aviation Administration completed the project’s environmental review.  “Chicago’s transportation infrastructure is what makes this city an economic powerhouse of global importance,” said U.S. Transportation Secretary Pete Buttigieg. “Now, as we prepare to break ground on O’Hare’s newest terminal, Chicago and this

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NAC executes lease agreements for Dash 8-400s with Aviair

Nordic Aviation Capital (NAC) has executed lease agreements for a number of Dash 8-400 aircraft with Aviair, a regional scheduled airline, a charter flight/air tour operator and a public transport operator based in Kununurra, Western Australia. Aviair’s fleet of 30 aircraft include; Pilatus PC12 pressurised single-engine turbine aeroplanes, B200 King Air twin turbine aeroplanes, Cessna 208

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Falko outlines third-quarter 2022 portfolio activity

Falko Regional Aircraft (Falko), the asset manager and aircraft lessor focused solely on the regional aircraft sector, has provided a summary of its third-quarter 2022 market activity.  Falko added eight aircraft to its portfolio during the quarter, eight aircraft were sold, four aircraft were delivered on lease to customers in Europe and the lease on

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AirAsia X CEO Tony Fernandes to step-down

AirAsia X (AAX) has announced key changes in the senior management team as it prepares for the next phase of growth as a mid-range airline. Tony Fernandes, who was recently appointed as the Acting Group CEO in addition to his position as a Non-Independent Non-Executive Director of AAX in July this year, will be stepping

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