Pentagon 2000 Software unveils new ATP module

Pentagon 2000 Software, a provider of software solutions for the aviation and defence industries, has unveiled its new Available-to-Promise (ATP) module. This innovative tool is designed to enhance inventory management for aerospace and defence organisations, enabling precise delivery commitments and improved customer satisfaction. The ATP module is a powerful dashboard offering real-time insights into actual […]

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The legal dispute centred on pricing disagreements over Honeywell’s HTF7000 turbofan engines, developed exclusively for Bombardier’s Challenger jets © Bombardier

Honeywell and Bombardier resolve legal dispute, launch aviation technology deal

Financial

Honeywell International and Bombardier have reached a settlement in a lengthy legal dispute while also forming a new partnership to develop advanced aviation technologies. The collaboration will focus on avionics, engines, and satellite communications, with an estimated potential revenue of up to US$17 billion. The legal dispute, which dates back decades, centred on pricing disagreements

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TrueNoord has purchased a portfolio of seven ATR 72-600 aircraft from GOAL Aircraft Leasing

TrueNoord acquires seven ATR 72-600 aircraft from GOAL Aircraft Leasing

Aircraft & Engines

TrueNoord, the specialist regional aircraft lessor, has acquired a portfolio of seven ATR 72-600 turboprop aircraft from German asset manager GOAL Aircraft Leasing, acting on behalf of KGAL. This acquisition increases TrueNoord’s fleet to over 100 aircraft and introduces three new European lessee airlines into its portfolio. The newly integrated aircraft are leased to Air

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Representatives from Honeywell and Qatar Airways © Qatar Airways

Qatar Airways expands MRO capabilities with landmark APU deal

MRO & Production

Qatar Airways has secured a ground-breaking agreement with Honeywell, becoming the first MRO provider in the Middle East and Africa authorised to service the HGT1700 auxiliary power unit (APU) used in Airbus A350 aircraft. This milestone represents a significant step forward for Qatar Airways in the aviation maintenance sector. The HGT1700 APU, located in the

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Eve has been selected by FINEP to receive a grant of up to US$15.8 million

Eve secures additional US$35 million funding from BNDES

Financial

Eve Air Mobility (Eve) has announced a US$35 million investment from Brazil’s National Development Bank (BNDES), further strengthening its financial position to advance the development of its electric vertical take-off and landing (eVTOL) aircraft. This funding, sourced from BNDES’ Climate Fund, will support the production of conforming prototypes, testing processes, and eventual commercial manufacturing. This

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AutoFlight's eVTOL aircraft has completed its inaugural demonstration flight in Okayama Prefecture, Japan

AutoFlight completes historic eVTOL flight in Japan

Aircraft & Engines

AutoFlight, an innovator in electric vertical take-off and landing (eVTOL) technology, has achieved a significant milestone with its first successful flight in Japan. On November 29, the company’s two-ton eVTOL aircraft completed its inaugural demonstration flight in Okayama Prefecture. The landmark flight was conducted in collaboration with MASC, a Japanese non-profit organisation dedicated to advancing

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Qantas' first A321XLR has entered the final assembly line at Airbus’ production facility in Hamburg, Germany

First Qantas A321XLR progresses to final assembly line

MRO & Production

Qantas is one step closer to receiving its first Airbus A321XLR, as the aircraft has now entered the final assembly line at Airbus’ production facility in Hamburg, Germany. This development marks a major milestone in the Qantas Group’s fleet renewal programme, with key airframe components such as the forward and rear fuselage, wings, and the

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Italian flagship carrier ITA Airways is now part of the Lufthansa Group

EU clears Lufthansa’s acquisition of ITA stake amid concessions

Other News

The European Union has approved Lufthansa‘s acquisition of a 41% stake in ITA Airways, subject to key concessions, the Handelsblatt reported. This antitrust approval was granted in July, but only after Deutsche Lufthansa agreed to measures designed to ensure fair competition, as confirmed by the EU Commission on Friday, November 29. These measures include providing

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MTU forecasts continued growth and improved earnings for 2025

MTU Aero Engines projects profitable growth for 2025

Financial

MTU Aero Engines AG has forecast continued growth and improved earnings for 2025, expecting revenues between €8.3 and €8.5 billion. Adjusted EBIT is projected to rise in the low-to-mid teens percentage range, with adjusted net income expected to grow in line with EBIT. Free cash flow is anticipated to remain in the low triple-digit million-euro

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Latest views on air cargo market developments

WorldACD: tonnages hold firm while rates continue to build

Other News

In the final week of November (week 47), global air cargo tonnages remained stable compared to the previous week, while rates continued to rise, reaching the highest levels of 2024. According to WorldACD Market Data, global average rates increased by 2% week-on-week (WoW) to US$2.79, driven by rising spot rates from North America (12%) and

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Pentagon 2000 Software unveils new ATP module

Honeywell and Bombardier resolve legal dispute, launch aviation technology deal

TrueNoord acquires seven ATR 72-600 aircraft from GOAL Aircraft Leasing

Qatar Airways expands MRO capabilities with landmark APU deal

Eve secures additional US$35 million funding from BNDES

AutoFlight completes historic eVTOL flight in Japan

First Qantas A321XLR progresses to final assembly line

EU clears Lufthansa’s acquisition of ITA stake amid concessions

MTU Aero Engines projects profitable growth for 2025

WorldACD: tonnages hold firm while rates continue to build

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