Boeing forecasts that single-aisle jets are expected to account for more than 70% of commercial deliveries in Africa

Narrow-body aircraft values recover in 2022 and set for 2023 climb

New narrow-body aircraft base values rose beyond the long-term trend into 2023 and lease rates are forecast to climb further this year, according to data revealed by IBA leading aviation market intelligence and consultancy company. In its latest values webinar, IBA’s ISTAT-certified experts revealed that the base value of a new Airbus A220-300 was US$38.25 […]

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Ashwin Bhat CCO of Lufthansa Cargo elected to SWISS’ Board of Directors

People

Ashwin Bhat, Chief Commercial Officer (CCO) at Lufthansa Cargo, has been newly elected to the SWISS Board of Directors at the company’s annual general meeting. He succeeds Christina Foerster, who remains a member of the Lufthansa Group Executive Board and also interim CEO of Brussels Airlines. New Board member Ashwin Bhat has been Chief Commercial

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Boeing sets F/A-18 production completion date

Military & Defense

Boeing expects to complete new-build production of the F/A-18 Super Hornet fighter aircraft in late 2025 following delivery of the final U.S. Navy fighters. Production could be extended to 2027 if the Super Hornet is selected by an international customer. To meet demand for defence products and services, Boeing plans to continue hiring year-over-year for

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Collins Aerospace to design, develop and build Lilium Jet’s inceptors

MRO & Production

Collins Aerospace has teamed with Lilium, developer of the all-electric vertical take-off and landing (eVTOL) jet, to design, develop, and build the Lilium Jet’s inceptors – the innovative sidestick system used by the pilot to control the aircraft. Collins is a leader in technologically advanced and intelligent solutions for the global aerospace and defence industry

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JetBlue celebrates ground breaking of US$4.2 billion project to develop new JFK International Terminal 6

Airports

New York City-based JetBlue has celebrated a key milestone in the Port Authority of New York and New Jersey’s transformation of JFK International Airport (JFK) with the ground-breaking of a US$4.2 billion project to develop a new international Terminal 6. The ground-breaking, held at JetBlue’s JFK maintenance hangar, only reinforces the airline’s commitment to JFK,

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Airbus predicts airlines in Asia Pacific region will take delivery of 920 new aircraft over next 20 years

Aircraft & Engines

Airlines based in the Pacific region will take delivery of 920 new aircraft over the next 20 years, generated by an average growth in passenger traffic in the region of 3.2% per annum, according to the latest Airbus Global Market Forecast. This forecast for new aircraft includes around 750 single-aisle aircraft like the A220 and

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Eliminating pain points in the supply chain [MRO Editorial]

MRO & Production

The MRO supply chain typically includes lengthy approval processes, complex supply networks, incomplete data, order backlogs, and inventory accuracy issues. As AviTrader MRO investigates, identifying the problem is the first step in finding solutions. Delays in the supply chain for parts provision and repairs are now all too familiar. MROs, aftermarket specialists, repair stations and

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Flexjet buys Constant Aviation – now has in-house MRO capabilities

Financial

Ohio-headquartered Flexjet, the global leader in subscription-based private aviation has announced that it has acquired Constant Aviation, which is also headquartered in Ohio. Constant Aviation is a leading provider of aircraft maintenance, repair and overhaul (MRO) services and with its acquisition, Flexjet becomes the only private aviation fleet provider which can offer such capabilities, while

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Satair and SR Technics Malta sign multi-year agreement for Integrated Material Services (IMS)

Information Technology

Satair, an Airbus Services company, and MRO provider SR Technics Malta, have signed a multi-year contract for Satair’s Integrated Material Services (IMS) solution; an integrated supply chain service to support SR Technics’ base maintenance activities on Airbus A320 aircraft. The service covers an initial expendable parts scope of thousands of part numbers comprising Airbus Proprietary

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Tracey Patterson joins AAR Corp. as VP and Chief of Human Resources