GA Telesis’ FSG continues USM market growth following disassembly of PW4168 engine

GA Telesis has kicked-off the new year with the disassembly of a Pratt & Whitney 4168 engine. The engine is a part of alease return pool sourced from the company’s Asset Transaction Group. It will be managed by GAT’s Flight Solutions Group (FSG) for disassembly and redistribution. Following the dismantling and repair, the used serviceable […]

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ATSA becomes first South American operator of Dash 8-400 aircraft to join De Havilland Canada’s cargo solutions programme

MRO & Production

De Havilland Aircraft of Canada (De Havilland Canada) has released that Aero Transporte S.A. (ATSA) has signed a firm agreement for a Dash 8-400 freighter conversion with a large cargo door (Dash 8-400 F-LCD). With this agreement, ATSA has become the first South American operator of Dash 8-400 aircraft to join De Havilland Canada’s cargo

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John Holland-Kaye to step down as CEO of Heathrow Airport

People

John Holland-Kaye has informed the Board of Heathrow Airport that he intends to step down as CEO during 2023, after nine years at the helm of the airport. During Holland-Kaye’s exceptional leadership, he has been building a strong management team, developing a consumer-focused culture, improving cost efficiency, and putting Heathrow at the forefront of global

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Norway’s domestic carrier Flyr files for bankruptcy

Financial, Top Stories

Five days after UK regional carrier Flybe filed for bankruptcy, Norwegian domestic carrier Flyr has been forced to go down the same route after failing to raise only half of the needed cash to see it through the winter season and enable it to prepare for spring demand. “There is no longer a realistic opportunity

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High oil and kerosene prices contribute to collapse of Norwegian low-cost carrier Flyr, IBA Analysis says

Other News

Norwegian low-cost airline Flyr has entered administration just 18-months after starting operations. IBA Insight reveals that Fly operated a fleet of 12 leased aircraft (six Boeing 737 NGs and six Boeing 737 MAXs). Seven of these were owned by Air Lease Corporation. Flyr was a very seasonal operation, with its top city pairs featuring summer

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Stéphane Viala joins Ascendance Flight Technologies from ATR

People

Ascendance Flight Technologies, the French start-up specialising in aviation decarbonisation, has named Stéphane Viala as Director of Engineering & Programme. As of February 1, 2023, Viala will oversee the technical management of the young aircraft manufacturer’s two flagship programmes: the STERNA modular hybrid propulsion system and the hybrid-electric VTOL aircraft ATEA. The aeronautical engineer from

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U.S. Airlines’ December 2022 fuel cost per gallon down 5.3% from November 2022

Other News

The Department of Transportation’s Bureau of Transportation Statistics (BTS) has released U.S. airlines’ December fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.471 billion gallons of fuel, 5.3% more fuel than in November 2022 (1.398 billion gallons) and 5.2% less than in pre-pandemic December 2019. The cost per gallon of fuel in

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SkyWorks reports fourth-quarter 2022 activities

Aircraft & Engines

SkyWorks Holdings has released transactions and activities performed during the fourth quarter of 2022 for its Leasing and Asset Management and Investment Banking & Advisory Groups. Leasing & Asset Management Group activities included the following:On behalf of an institutional investor client, SkyWorks arranged the lease extension of two Airbus A319-100 aircraft on lease to American

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Qatar Airways and Airbus settle dispute over A350 surface degradation

Other News

Qatar Airways and Airbus have reached an amicable and mutually agreeable settlement in relation to their legal dispute over A350 surface degradation and the grounding of A350 aircraft, avoiding a UK court trial. A repair project is now underway to get these aircraft safely back in the air. The details of the settlement are confidential,

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Embedded Ventures closes first US$100 million fund

Financial

Embedded Ventures, an early-stage deep tech venture capital firm, has announced the first closing of its US$100 million (£81 million) inaugural fund. The minority-led firm takes a commercial-first approach to investing in early-stage start-ups with applications that can serve the Department of Defence, focusing on cutting-edge start-ups in Digital Engineering, Advanced Manufacturing and Space Operations.

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GA Telesis’ FSG continues USM market growth following disassembly of PW4168 engine

ATSA becomes first South American operator of Dash 8-400 aircraft to join De Havilland Canada’s cargo solutions programme

John Holland-Kaye to step down as CEO of Heathrow Airport

Norway’s domestic carrier Flyr files for bankruptcy

High oil and kerosene prices contribute to collapse of Norwegian low-cost carrier Flyr, IBA Analysis says

Stéphane Viala joins Ascendance Flight Technologies from ATR

U.S. Airlines’ December 2022 fuel cost per gallon down 5.3% from November 2022

SkyWorks reports fourth-quarter 2022 activities

Qatar Airways and Airbus settle dispute over A350 surface degradation

Embedded Ventures closes first US$100 million fund

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