Sumitomo Corporation makes investment in Volocopter’s Series E-funding round

Sumitomo Corporation, a Fortune 500 company, has invested in Volocopter’s Series E Funding round and will also become a key strategic partner for entry into service in the Japanese market starting in 2025. Additionally, the Japan Civil Aviation Bureau (JCAB) has accepted Volocopter’s application for concurrent type certification (TC) of the VoloCity aircraft in Japan. […]

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Oliver Krueger becomes new Chief Marketing Officer of Lufthansa Group

People

Oliver Krueger will become new Chief Marketing Officer of the Lufthansa Group. Krueger will assume responsibility for the areas Brand, Loyalty, Ancillaries and Marketing with immediate effect. He is also responsible for Miles & More GmbH and reports directly to the Executive Board of the Group. Krueger has more than two decades of international experience

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AFTERMARKET SALES rise amid challenging economic forecast [MRO Editorial]

MRO & Production

Clyde Buntrock Chief Executive Officer at AJW Aviation speaks to the AviTrader editor about the current status of the MRO and aftermarket and how the economic climate might influence the industry going forward. OEMs are set to increase production rates of new aircraft especially narrowbodies in response to meeting demands for years’ long backlogs. Clyde

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VAS Aero Services Acquires Two Boeing 737-700 Aircraft for teardown

MRO & Production

VAS Aero Services has acquired two Boeing B737-700 aircraft for teardown and subsequent parts harvesting and marketing. VAS will manage the teardown of both aircraft at Marana, Arizona, with disassembly scheduled to begin in the first quarter of 2023, adding to the vast number of Boeing aircraft that VAS has disassembled over the years. Used

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Lufthansa Technik to invest €7.5 million in training centre

MRO & Production

Lufthansa Technik (LHT) will invest €7.5 million (£6.6 million) in a training centre in Hamburg-Rahlstedt, Germany to meet the need for a large number of engine mechanics. Following the COVID-19 crisis, the workload in Lufthansa Technik’s engine shops is steadily increasing again and requires many highly qualified engine mechanics. To meet the demand, Lufthansa Technik

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SmartLynx Airlines receives Foreign Air Transport Operator Certificate in Australia

Aircraft & Engines

The global ACMI, charter and cargo operator SmartLynx Airlines has received Australian Foreign Air Transport Operator Certificate (FATAOC) granted by the Australian Civil Aviation Authority. The certification allows SmartLynx to begin operations to, from and within Australia. Operating flights to Australia has been integral to SmartLynx’s strategic plans to expand its global network by entering

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Scoot adding Embraer E190-E2 aircraft to improve network connectivity

Aircraft & Engines

Singapore Airlines’ low-cost subsidiary Scoot has signed a letter of Intent (LOI) to lease nine brand-new Embraer E190-E2 twin-engine jets from aircraft lessor Azorra. The aircraft will come in a 112-seat configuration and will be scheduled for delivery between 2024 and 2025. The regional jet will be the first to be flown by a Singapore-based

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AkzoNobel and American Airlines partner to deliver new way of training apprentice painters

MRO & Production

AkzoNobel Aerospace Coatings (AkzoNobel) and American Airlines will partner to deliver a new way of training apprentice painters and upskilling existing teams. This will be accomplished through the use of a Virtual Reality (VR) technology that is significantly more efficient and sustainable than the airline’s previous training regimes. The VR platform mimics a customer’s production

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Aviator Airport Alliance signs new partnership with Lufthansa Group

Other News

Aviator Airport Alliance (Aviator), a full-range provider of aviation services at 15 airports across the Nordics, has signed a new partnership with Lufthansa Group. Under the agreement, Aviator will provide ground handling and de-/anti-icing services to Lufthansa Group’s airlines, including Deutsche Lufthansa AG, Swiss International Air Lines and Austrian Airlines, at Stockholm-Arlanda airport for the

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Embraer delivers 80 jets in the fourth quarter of 2022

Aircraft & Engines

Embraer has delivered 80 jets in the fourth quarter of 2022, of which 30 were commercial jets and 50 were executive jets (33 light and 17 mid-size). Over the year, the company delivered 159 aircraft (57 commercial jets and 102 executive jets). Embraer increased the number of aircraft delivered by 12.7% compared with 2021. As

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Sumitomo Corporation makes investment in Volocopter’s Series E-funding round

Oliver Krueger becomes new Chief Marketing Officer of Lufthansa Group

AFTERMARKET SALES rise amid challenging economic forecast [MRO Editorial]

VAS Aero Services Acquires Two Boeing 737-700 Aircraft for teardown

Lufthansa Technik to invest €7.5 million in training centre

SmartLynx Airlines receives Foreign Air Transport Operator Certificate in Australia

Scoot adding Embraer E190-E2 aircraft to improve network connectivity

AkzoNobel and American Airlines partner to deliver new way of training apprentice painters

Aviator Airport Alliance signs new partnership with Lufthansa Group

Embraer delivers 80 jets in the fourth quarter of 2022

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