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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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AAR to buy controlling stake in MRO Holdings
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AAR Corp. has agreed to acquire a 65% controlling stake in MRO Holdings at an implied enterprise value of US$4 billion, in a deal that will expand the aviation aftermarket company’s maintenance operations. The transaction values MRO Holdings at 10.7 times its forecast 2026 adjusted EBITDA, including US$75 million in expected annual cost synergies and excluding transaction-related tax benefits with …
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StandardAero names Paul McElhinney CEO
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StandardAero has appointed Paul McElhinney Chief Executive Officer, succeeding Russell Ford, who will remain executive chairman of the board through year-end. McElhinney brings more than three decades of aerospace and industrial leadership experience to the role, including senior positions at GE Aviation Services and GE Power Services. He has also served on StandardAero’s board since 2019, giving him extensive knowledge …
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Avolon, Lesha Bank agree aircraft portfolio deal
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Avolon and Lesha Bank have agreed to the sale and purchase of a portfolio of 33 aircraft leased to 25 airlines worldwide, the aviation finance companies said. The transaction marks an expansion of the relationship between Avolon and Lesha Bank and highlights continued institutional investor demand for leased aircraft and other aviation assets. Following completion, the portfolio will be managed …
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IAG rolls out SkyBreathe across 600-plus aircraft
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International Airlines Group (IAG) has selected OpenAirlines’ SkyBreathe fuel-efficiency platform for use across its five airlines, covering more than 600 aircraft, the companies said. The platform, which analyses operational data to identify ways to reduce fuel consumption, is being deployed at Aer Lingus, British Airways, Iberia, LEVEL and Vueling as airlines face continued pressure from volatile fuel prices. SkyBreathe analyses …
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ATSG to sell Omni Air as cargo strategy takes flight
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Air Transport Services Group (ATSG) released that it has agreed to sell Omni Air International to OAI Holdings, a privately held company led by an aviation-experienced management team, as ATSG sharpens its focus on air cargo and related services. Financial terms of the deal were not disclosed. The transaction is expected to close in the fourth quarter of 2026 or …
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Boeing MAX 10 faces new certification delay over software issue
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The U.S. Federal Aviation Administration (FAA) is holding off on certifying Boeing’s 737 MAX 10 until the planemaker resolves a newly disclosed software issue, adding another hurdle to the long-delayed jet’s entry into service, Reuters reported. FAA Administrator Bryan Bedford said Monday that regulators would delay certification of the MAX 10 until they are satisfied the software problem has been …
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FTAI buys 27 Boeing 737-700s from WestJet
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RECARO opens expanded aircraft seat plant in Poland
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Setna iO acquires Air Cairo CFM56 engine
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Liebherr wins China Airlines A350 landing gear contract
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Uzbekistan takes delivery of first C-390 Millennium aircraft
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SAE, Cebu Pacific sign A320 maintenance deal
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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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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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