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DAILY AVIATION NEWS ALERT

October 2nd 2026
This edition is supported by:
Matt Hoesley

Altavair names new CEO in leadership shake-up

Aircraft leasing and asset management company Altavair is reshuffling its senior leadership, with CEO Steve Rimmer set to become Executive Chairman from January 1, 2027. Matt Hoesley, who joined Altavair in 2005, will succeed Rimmer as CEO and President. Dimitrios Kotinis will become Chief Commercial Officer, overseeing marketing, trading, pricing, risk and capital markets. Rimmer founded Altavair in 2003 and …
Ontic has acquired Wichita-based Aero-Mach companies

Ontic acquires Aero-Mach companies

Ontic has acquired Wichita-based Aero-Mach companies, adding the aerospace group’s manufacturing, distribution and aftermarket capabilities to its portfolio. Aero-Mach, which has more than 50 years of aviation experience, comprises three specialist businesses: Aero-Mach Labs, Aero-Mach Wilco and Aero-Mach TCO. Aero-Mach Labs provides aerospace manufacturing, technical services and repair and overhaul capabilities, while Aero-Mach Wilco distributes aviation parts and products. Aero-Mach …
FL Technics Indonesia and GE Aerospace have inked a service support agreement for avionics systems

FL Technics Indonesia to partner with GE Aerospace under new avionics agreement

FL Technics Indonesia has signed a service support agreement with GE Aerospace covering avionics systems for Boeing 737 and Airbus A320 aircraft at its facilities in Jakarta and Bali. The agreement makes FL Technics Indonesia the first MRO provider in Indonesia to partner with GE Aerospace under the arrangement. The deal was signed at MRO Asia Pacific 2026 in Singapore. …
Opening a new chapter; Pegasus Airlines, Czech Airlines and Smartwing Group

Pegasus completes Czech Airlines, Smartwings Group takeover

Pegasus Airlines has completed its acquisition of Czech Airlines and Smartwings Group after securing all required regulatory approvals and meeting customary closing conditions. The deal expands Pegasus’s international footprint and brings together two established airline businesses with complementary networks and operations. The combined fleet exceeds 175 aircraft, with further growth supported by firm orders for 140 planes already secured by …
GDHF has signed a €125+ million finance agreement

GDHF secures €125+ million financing for helicopter fleet expansion

GD Helicopter Finance (GDHF) has secured more than €125+ million in financing from the Landesbank Hessen-Thüringen Girozentrale (Helaba) and BayernLB, with support from Bpifrance, to fund the acquisition of new Airbus helicopters in 2026 and 2027. The financing agreements will support the company’s purchase of multiple factory-new Airbus H175 and H160 helicopters. The facility was first drawn in September to …
Aero Norway signed an offload agreement with GE Aerospace for CFM LEAP engine modules

Aero Norway, GE Aerospace sign LEAP MRO deal

Aero Norway, an ITP Aero company specialising in MRO of CFM56 engines, has signed a multiyear agreement with GE Aerospace to perform shop visits on high-pressure turbine components for CFM LEAP-1A and LEAP-1B engines. The deal is Aero Norway’s first of its kind and marks a step in the company’s expansion into the CFM LEAP engine market. Under the agreement, …

Ethiopian orders ten Boeing freighters

Malaysia Aviation Group to acquire Airbus MRO unit SAE

SriLankan Engineering signs Jetstar line maintenance deal

Avora Group consolidates aviation businesses under one platform

WGI to invest US$19 million in Aerospace MRO facility

FLYONE Armenia finalises order for two Airbus A321neo aircraft

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