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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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TrueNoord confirms Arcus as new majority investor
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TrueNoord has diclosed that investor Arcus Infrastructure Partners has firmly agreed to acquire an approximate 74% stake in the business, while founding investor Freshstream will re-invest to retain the remaining share. The move marks a significant step in the company’s growth, providing stable capital to support future aircraft acquisitions as TrueNoord continues to build a global leased fleet of Embraer, …
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Biman Bangladesh Airlines places 14 Boeing aircraft order
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Biman Bangladesh Airlines have announced that the national carrier has placed its largest-ever Boeing order, selecting 14 787 Dreamliner and 737 MAX aircraft to support the expansion and modernisation of its fleet. The order comprises eight 787-10s for high-demand routes to the Middle East, two 787-9s to enhance long-haul services to Europe and North America, and four 737-8s, to improve …
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Aircraft Finance Germany acquires second new A321neo
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Aircraft Finance Germany (AFG) has announced the acquisition of a new Airbus A321neo, which is on lease to IndiGo. The aircraft was delivered on April 28th to India’s leading airline at Airbus’ facilities in Hamburg, Germany. The transaction marks a further step in strengthening AFG’s relationship with IndiGo and highlights its ongoing support for one of the world’s fastest-growing carriers. …
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AMETEK strikes deal to acquire First Aviation Services
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AMETEK has announced that it has entered into a definitive agreement to acquire First Aviation Services, a provider of highly engineered, mission-critical defence and aviation maintenance, repair and overhaul (MRO) services, as well as a manufacturer of related proprietary components. First Aviation’s MRO capabilities encompass advanced electronics, rotor blades and assemblies, propellers, landing gear and flight controls. The company also …
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Bird Aviation signs three-year MRO deal with KM Malta Airlines
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Bird Aviation has signed a three-year agreement with KM Malta Airlines to provide heavy maintenance services, strengthening the existing relationship between the two companies. Under the deal, Bird Aviation will support the airline’s fleet with a range of base maintenance activities, including C-checks and other scheduled work, carried out at its facilities in Larnaca, Cyprus. The agreement extends cooperation into …
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Airbus names Eric Kirstetter as EVP for Strategy
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Airbus has appointed Eric Kirstetter as Executive Vice President for Strategy, effective May 18th. He succeeds Matthieu Louvot, who has recently been appointed CEO of Airbus Helicopters. Joining from global strategy consultancy Roland Berger, Kirstetter will report to Airbus CEO Guillaume Faury in his new role. “Eric is joining Airbus at a critical juncture for the Company, as we work …
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Textron to split Industrial arm in strategic overhaul
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Hydrogen jet test marks major breakthrough
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SMBC Aviation Capital upsizes facility to US$3.7bn
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SCAT Airlines boosts 737 MAX fleet for long-haul expansion
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GA-ATS completes first Bangladesh Navy Do228 overhaul
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Rolls-Royce wins back LATAM with Trent 1000 XE order
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles.
Subscription free monthly magazine straight to your inbox, as a pdf attachment or link to hosted site.Edit this to insert text.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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Vice President Sales & Business Development (Americas)
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AviTrader Publications Corp.
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Richmond, British Columbia
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For information, contributions, letters to the editor and queries:
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