Blueberry Aviation completes remarketing of eleven ATR72-600 aircraft

Blueberry Aviation has recently delivered the last of eleven ATR72-600 aircraft to U.S. lessor Jetstream Aviation Capital. The delivery marks the completion of a repossession and remarketing project which started in 2021 following Avianca’s Chapter 11. Blueberry Aviation was mandated by the French and Italian Export Credit Agencies (ECAs) to support the negotiation with the airline […]

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Czech Airlines Technics continues base maintenance services of Finnair fleet for another three years

MRO & Production

Czech Airlines Technics (CSAT) long-term co-operation with Finnair is to continue. The original three-year base maintenance agreement was extended by another three years thanks to the exercised option. CSAT will thus continue to provide base maintenance checks and repairs for the carrier’s Airbus A320-family narrow-body aircraft fleet in Hangar F at Václav Havel Airport Prague,

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Ruili Airlines becomes first Chinese airline to be part of Embraer’s Energia Advisory Group

MRO & Production

Ruili Airlines has signed an agreement with Embraer to join its Energia Advisory Group – Energia is Embraer’s project developing sustainable aircraft for the future. The companies will work together on the design requirements for next-generation sustainable aircraft and the potential market in China. Based at Kunming Changshui International Airport, Ruili Airlines is a full-service

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DAE increases bond repurchase programme by US$300 million

Financial

Dubai Aerospace Enterprise (DAE) has released that its Board of Directors and Shareholders have authorised an additional US$300 million for bond repurchases to be conducted through open market transactions. To date, DAE has repurchased approximately US$815 million of principal amount of its publicly traded bonds under the previous authorisations of US$900 million. DAE now has

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RNZAF gains access to Lufthansa Technic’s parts inventory to support its four new Boeing P-8As

Military & Defense, Top Stories

Boeing Co. has signed a Total Component Support (TCS) deal with Lufthansa Technic for sustainment services to the Royal New Zealand Air Force’s (RNZAF) growing fleet of Boeing P-8A aircraft. Lufthansa Technic’ TCS services will enable the RNZAF to reduce its investment in aircraft parts as the programme for the 737 covers over 400 commercial

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Amount of blocked airline funds rising by more than 25%

Financial

The International Air Transport Association (IATA) warned that the amount of airline funds for repatriation being blocked by governments has risen by more than 25% (US$394 million) in the last six months. Total funds blocked now tally at close to US$2.0 billion. IATA calls on governments to remove all barriers to airlines repatriating their revenues

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VAECO / Vietnam Airlines sign up for AMOS

Information Technology

Vietnam Airlines Engineering Company (VAECO), a subsidiary of Vietnam Airlines, has signed agreements with Swiss Aviation Software (Swiss-AS) and NGS Equipment and Communication Joint Stock (NGS), the Swiss-AS local partner in Vietnam, who will support Swiss-AS in the process of implementing the AMOS MRO software solution. Five years ago, Swiss-AS released the AMOS MRO edition,

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Finnair extends its €600 million pension premium loan

Financial

In its Stock Exchange Release on May 20, 2020, Finnair announced that the Finnish Government had approved that the State of Finland guaranteed Finnair’s pension premium loan up to €540 million. With the state guarantee and the following pension premium loan, Finnair aimed to further secure its cash position and business continuity after the exceptional

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Rolls-Royce, Pratt & Whitney, Virginia Tech sign new research partnership agreement

MRO & Production

Rolls-Royce and Pratt & Whitney have signed a joint agreement with Virginia Tech for pre-competitive research focused on the impact of environmental contaminants on aeroengine operation and testing. The four-year project will leverage Virginia Tech’s research and cross-discipline expertise on engine operation, instrumentation, and geosciences as well as the current research relationships that both Pratt

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AMTRA Aero and Nehalem Aviation Holdings sign joint venture agreement to create Nexus Aviation Ventures

MRO & Production

AMTRA Aero, and Nehalem Aviation Holdings, have formed a joint venture, Nexus Aviation Ventures, to source, convert and lease Airbus A321 freighter aircraft. “We are excited to be working together with the Nehalem team. We believe the A321 platform is the future of narrow-body freighters”, said Pablo Aguirre, Chief Commercial Officer of AMTRA. The joint

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Blueberry Aviation completes remarketing of eleven ATR72-600 aircraft

Czech Airlines Technics continues base maintenance services of Finnair fleet for another three years

Ruili Airlines becomes first Chinese airline to be part of Embraer’s Energia Advisory Group

DAE increases bond repurchase programme by US$300 million

RNZAF gains access to Lufthansa Technic’s parts inventory to support its four new Boeing P-8As

Amount of blocked airline funds rising by more than 25%

VAECO / Vietnam Airlines sign up for AMOS

Finnair extends its €600 million pension premium loan

Rolls-Royce, Pratt & Whitney, Virginia Tech sign new research partnership agreement

AMTRA Aero and Nehalem Aviation Holdings sign joint venture agreement to create Nexus Aviation Ventures

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