On January 16, 2024, Willis Lease Finance Corporation (US) issued TAR Aerolíneas (Mexico) with a Notice of Continuing Event of Default, Demand for Payment and Demand to Return for TAR’s failure to pay amounts due under its lease agreement. Nearly two months later, TAR has failed to comply with the Notice, still with overdue payments, and […]
Willis Lease update on TAR Aerolíneas dispute Read More »
British Airways is embarking on a multi-million-pound investment programme to overhaul its ground support equipment at Heathrow Airport, as part of its commitment to reducing emissions both in the air and on the ground. The airline will gradually be replacing its ground vehicles at Heathrow, such as vans and cars, cargo transporters and passenger steps,
British Airways overhauls airport equipment at Heathrow to reduce emissions Read More »
Following Airbus‘s decision to abandon a deal to acquire Atos’s struggling cybersecurity assets, France has pledged to safeguard the strategic interests of the company. The move comes as Atos faces consecutive setbacks, including failed attempts to raise capital through asset sales, resulting in a sharp decline in its share value. According to REUTERS news agency,
France steps in to safeguard Atos cybersecurity assets after Airbus pulls deal Read More »
Dubai Aerospace Enterprise (DAE) a global aviation services company, has announced the signing of a US$420 million five-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB). This financing initiative aims to support DAE’s future financial requirements. Firoz Tarapore, CEO of DAE, expressed his satisfaction with the
Dubai Aerospace Enterprise secures US$420 million unsecured term loan with CCB Read More »
Joby Aviation will deliver two aircraft to MacDill Air Force Base (AFB) in 2025 as part of the company’s AFWERX Agility Prime contract with the U.S. Air Force. MacDill AFB is home to the U.S. Special Operations Command (USSOCOM), U.S. Central Command (CENTCOM) and units from the Air Mobility Command (AMC), along with numerous logistics-oriented
Joby widens U.S. Air Force partnership with delivery of two eVTOL aircraft Read More »
The WestJet Group has appointed Diederik Pen as President of WestJet Airlines effective April 1, 2024. As WestJet Group Chief Operating Officer and President of WestJet Airlines, Pen will continue to report to Alexis von Hoensbroech, WestJet Group’s Chief Executive Officer (CEO). Von Hoensbroech will continue to maintain overall responsibility for the WestJet Group and
Diederik Pen appointed President of WestJet Airlines Read More »
Inter Terminals Sweden is teaming up with SAS to enhance its aviation fuel capabilities in the Port of Gävle. The project involves repurposing tanks from traditional fossil heating oil storage to create a blending and storage facility for sustainable aviation fuel (SAF). This expansion aligns with SAS’s ambitious environmental objectives to fuel SAF equivalent to
Inter Terminals Sweden partners with SAS to expand SAF facility in Port of Gävle Read More »
GKN Aerospace has strengthened its long-term partnership with engine maker Safran, after signing a decade-long agreement to expand its support for the LEAP engines. The contract covers new shafts and spare part production for the Leap 1A-variant for the Airbus A320neo aircraft, with the expectation to produce similar components for the LEAP 1B engine for
GKN Aerospace to expand support for LEAP engines Read More »
Aviation software solutions provider QOCO Systems has launched its latest innovation, MROTools.io – Assignment. Developed in collaboration with leading industry operators, Assignment is a modern, reliable and cost-efficient solution that combines three separate modules currently used in maintenance planning – HR, maintenance, and flight ops systems – into one easy-to-use interface. “Aircraft maintenance operations require
QOCO Systems launches revolutionary MRO solution ‘Assignment’ Read More »
Textron Aviation has come to an agreement with California Aeronautical University for the purchase of 15 Cessna Skyhawk aircraft with deliveries beginning in 2027. The new aircraft will be added to its current fleet and will be used at the various Western United States locations including Bakersfield, CA, San Diego, CA, Ventura, CA and Mesa, AZ. “For more than six
California Aeronautical University orders 15 Cessna Skyhawks Read More »
