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DAILY AVIATION NEWS ALERT

August 21st 2026
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Icelandair takes 49% stake in Maltese AOC holder

Icelandair takes 49% stake in Maltese AOC holder

Icelandair Group has acquired a 49% stake in Fly Play Europe Holdco (FPE), giving the airline access to an additional European Air Operator Certificate (AOC) as it seeks greater operational flexibility and new international growth opportunities. Icelandair is acquiring the stake from FPE hs., a fund managed by Isafold Capital Partners, for US$686,000. FPE’s subsidiary, Fly Play Europe Limited, holds …
The acquisition of Jet AirWerks strengthens Barnes Aerospace’s CRO business © Barns Aerospace

Barnes Aerospace acquires Jet AirWerks

Barnes Aerospace has completed its acquisition of Jet AirWerks, an Arkansas City, Kansas-based provider of inspection, repair, overhaul and disassembly services for commercial aeroengine components. The acquisition expands Barnes Aerospace’s component repair and overhaul (CRO) operations and strengthens its aftermarket offering. It also adds repair capabilities and technical expertise as the company targets further growth in commercial aerospace aftermarket services. …
The A320 aircraft will be operated by Fly2Sky Airlines

Avora Aviation seals A320 sale-leaseback deal with FTAI

Dubai-based Avora Aviation has completed a sale-and-leaseback transaction with FTAI Aviation covering one Airbus A320, MSN 5931. The aircraft will be operated by Fly2Sky Airlines and is expected to enter service later in August 2026. The addition forms part of Fly2Sky’s fleet renewal and restructuring programme for the year. Avora said the transaction also supports the development of its wider …
Julie Løkkegaard

TP Aerospace names Løkkegaard new CPCAO

TP Aerospace has appointed Julie Løkkegaard as Chief People & Corporate Affairs Officer (CPCAO), effective August 2026. Løkkegaard has been with the company since 2017, when she joined as communications & sustainability manager. She has since held several leadership positions, most recently serving as director, strategy, HR & communications. During her tenure, Løkkegaard has built TP Aerospace’s global HR function …
© StandardAero

StandardAero adds Bombardier Global MRO at Van Nuys

StandardAero has expanded its business aviation airframe maintenance capabilities at Van Nuys, California, adding support for select Bombardier Global aircraft. The company’s Van Nuys MRO facility is now authorised to provide airframe inspections, repairs, structural work and avionics services for the Global Express, Global Express XRS, Global 5000, Global 6000 and Global 7500. The site specialises in long-range business jets …
MACH OE has placed two B737 MAX9 aircraft with United Airlines

MACH OE places first seed aircraft with United Airlines

MACH OE, an open-ended aircraft fund, took delivery of two new Boeing 737 MAX 9 aircraft on July 29 and 30, 2026, placing both on long-term leases with United Airlines. The aircraft are the first of several targeted acquisitions planned in the coming months as MACH OE builds its seed portfolio. MACH OE was jointly established by Mercuria Investment Co. …

Airbus kicks off wing facility extension in Belfast

HAECO, CALC plan Hong Kong engine support platform

Air Transat deploys stratosX X360 platform, becomes launch costumer

Pem-Air selects Ramco for engine MRO operations

SalamAir appoints Yaqoob Al Kiyumi as CEO

BOC posts increased first-half profit

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