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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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AkzoNobel shareholders back Axalta merger
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AkzoNobel shareholders have overwhelmingly approved all resolutions related to the proposed all-share merger with Axalta at an Extraordinary General Meeting, clearing a major milestone in the transaction. Shareholders endorsed the merger, changes to the Articles of Association, the share issuance linked to the deal, proposed board appointments and the remuneration policy. Axalta shareholders also approved the merger at a separate …
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Avolon launches US$1.5bn commercial paper programme
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Avolon Holdings has established a US$1.5 billion commercial paper programme through its wholly owned subsidiary, Avolon Aerospace Leasing Limited (AALL), to diversify its funding sources and strengthen access to short-term capital. Under the programme, AALL may issue unsecured commercial paper notes with a total outstanding principal amount of up to US$1.5 billion. The notes will be fully and unconditionally guaranteed …
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EirTrade wins three new global authorisations
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EirTrade Aviation Maintenance (EirTrade) has secured operational authorisations from the Bailiwick of Guernsey (2-REG), the Civil Aviation Authority of the Cayman Islands (CAACI) and the Bermuda Civil Aviation Authority (BCAA) for its expanding maintenance facility at Ireland West Airport Knock. The authorisations cover aircraft operations, transitions, parking and storage, enabling the company to support aircraft registered with the three overseas …
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LHTP breaks ground for new facility at Clark International Airport
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Lufthansa Technik Philippines (LHTP) has broken ground on a new wide-body MRO facility at Clark International Airport, marking a major expansion of its operations in the country. The new base maintenance centre will be built on a 157,000 m² site and will complement the company's existing facility at Manila's Ninoy Aquino International Airport, around 100km away. Backed by an investment …
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Honeywell Aerospace lifts 2026 outlook after spin-off
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Honeywell Aerospace reported higher second-quarter sales following its separation from Honeywell International and raised parts of its 2026 financial outlook as it begins operating as an independent company. Second-quarter sales rose 5% year over year on both a reported and organic basis, while backlog increased 9% to US$18.2 billion. Orders over the past 12 months climbed 8%, supported by continued …
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BeauTech appoints Baccarani to lead APAC asset management
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BeauTech Power Systems (BeauTech) has appointed Francesco Baccarani as Director Asset Management – APAC, strengthening its engine leasing and asset management capabilities across the Asia-Pacific region. Based in Singapore, Baccarani will support BeauTech's engine leasing and asset management activities, provide technical expertise and work closely with customers, lessors, airlines and industry partners. He joins the company with more than 20 …
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Honda delivers first Elite II business jet in Brazil
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GetJet unit expands MRO footprint at Vilnius
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APOC Aviation hires Darren Naughton to lead engine business
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Lufthansa Q2 profit hit by fuel, strikes
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Embraer wins Colombia KC-390 order
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Willis Lease Q2 profit boosted by asset sales, expands AUM
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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.
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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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Interested in promoting your company with AviTrader?
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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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