GE Aerospace has announced the completion of the next series of testing on its XA100 adaptive cycle engine, marking a step forward in advancing this next-generation technology for future combat aircraft. Adaptive cycle engines play a crucial role in ensuring U.S. combat aircraft maintain their superiority, offering 30% greater range and significantly enhanced thermal management
Falko Regional Aircraft Limited (Falko), a large asset manager and aircraft lessor focused solely on the regional aircraft sector, has provided a summary of its first quarter 2024 (Q1 2024) portfolio activity. Throughout the quarter, Falko engaged in transactions concerning 50 aircraft and two engines. Notably, Falko entered into a purchase agreement with Nordic Aviation
Vallair, the seasoned aircraft asset specialist committed to supporting operators and lessors, has appointed François Biarneix as Operations Director. Based in Châteauroux, Luxembourg, Biarneix will lead the strategic deployment and operations of Vallair’s aerostructure and composite shop, engine shop, logistics department and aircraft dismantling activities. Biarneix’s extensive management background enhances Vallair’s senior team and capabilities.
Independent UK MRO, Caerdav, has unveiled a dedicated line maintenance station at Cardiff Wales Airport, initially catering to support ACMI (aircraft, crew, maintenance, and insurance) operator, Avion Express. The new station will conduct overnight daily and weekly maintenance checks for Avion Express, ensuring the smooth operation of its aircraft throughout the summer 2024 contract with
Willis Lease Finance Corporation (WLFC) announced record first quarter total revenues of US$119.1 million and record quarterly pre-tax income of US$29.9 million. For the three months ended March 31, 2024, aggregate, core lease rent and maintenance reserve revenues were at an all-time high of US$96.8 million, up 26% as compared to US$76.7 million in 2023.
The Cessna SkyCourier twin utility turboprop aircraft has been granted type certification by the Australia Certification and Accreditation Service Agency (ACASA), marking a significant milestone for the aircraft’s deployment in remote communities and enhancing regional connectivity throughout Australia. This certification follows closely on the heels of the first SkyCourier order in Australia, announced three months
During Chinese President Xi Jinping’s official visit to France, Safran Helicopter Engines, in the presence of CEO Olivier Andriès and GDAT Group Chairman Peter Jiang, has sealed support-by-the-hour contracts with GDAT. These contracts are set to maintain the Makila engines, propelling GDAT’s Airbus H225 helicopter fleet and the Arrano engines empowering GD Helicopter Finance’s (GDHF)
LOT Polish Airlines (LOT) has announced plans to incorporate the Embraer E195-E2 into its fleet to bolster operational flexibility and support network expansion. The airline will lease three new E195-E2 aircraft from Azorra, underscoring its dedication to sustainable growth by integrating the 25% more efficient E2 into its operations. The first aircraft is scheduled to
AJW Group has announced the promotion of Clare Brown to the role of Chief Financial Officer (CFO), AJW Aviation. With an extensive career spanning more than 25 years within the aviation industry, including eight years of invaluable service at AJW Group, where she has occupied central positions such as Finance Director and Senior Vice President
Airbus has finalised the acquisition of Aerovel, a U.S.-based company renowned for its unmanned aerial system (UAS), Flexrotor, enhancing Airbus’s array of tactical unmanned solutions. Flexrotor is a compact tactical unmanned aerial system specially crafted for intelligence, surveillance, target acquisition, and reconnaissance (ISTAR) missions both at sea and on land. “We see more and more
Embraer has released its first quarter (1Q24) results, showcasing robust figures across its aviation sectors. In the commercial aviation segment, the company delivered between 72 and 80 aircraft, while in executive aviation, deliveries ranged between 125 and 135 aircraft. Total revenues for the company fell within the range of US$6.0-6.4 billion, with an adjusted EBIT
Lilium, the creator of the eVTOL Lilium Jet, has unveiled its collaboration with advanced air mobility (AAM) operator UrbanLink to deploy Lilium Jets in South Florida. As part of the agreement, UrbanLink will procure 20 Lilium Jets, with pre-delivery payments scheduled, becoming the inaugural airline in the U.S. fully dedicated to integrating eVTOL aircraft into
Emirates has revealed plans to completely refurbish another 43 A380s and 28 Boeing 777 aircraft, expanding its retrofit programme to encompass 191 aircraft. The initial scheme aimed for 120 aircraft – 67 A380s and 53 777s – to undergo full refurbishment. The Boeing 777 remains the backbone of the Emirates fleet, while the A380 stands
Air Transport Services Group (ATSG), a provider of medium wide-body cargo aircraft leasing, air cargo transportation, and associated services, has revealed an agreement to operate ten additional Boeing 767 freighters for Amazon.com Services in the Amazon Air network, by the conclusion of 2024. The operating agreement, under which ATSG’s airlines will operate these aircraft, will
India’s premier airline, IndiGo, has confirmed an order for 30 Airbus A350-900 aircraft, marking a significant expansion in its international network towards long-haul destinations. India, boasting the title of the world’s fastest-growing major aviation market, stands on the cusp of an imminent surge in international travel, propelled by economic advancement and escalating household incomes. The
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