Vietjet inks deal with LHT to digitalise its fleet’s technical information update process

Vietjet and Lufthansa Technik have signed an agreement at the Singapore Airshow to adopt AVIATAR’s Technical Logbook, the seamless digital pilot-to-maintenance collaboration application. The application will be equipped on Vietjet’s entire fleet to replace the manual and paper-based process of capturing technical issues during flight and on ground and improve data quality and speed as […]

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Eve and Microflite announce partnership to bring UAM services to Melbourne with initial order of up to 40 eVTOLs

Eve and Microflite, one of Australia’s premier helicopter operators, have announced at the Singapore Airshow an order of up to 40 low-noise zero-emission eVTOLs (electric vertical take-off and landing) aircraft to support the commencement of new electric UAM (Urban Air Mobility) operations in Australia in 2026. Microflite and Eve plan to begin their partnership using

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Aergo Capital acquires first of three new Boeing 737-8 aircraft on lease to Lynx Air

Aergo Capital Limited (Aergo) has completed a sale-and-leaseback of the first of three B737-8 aircraft with Lynx Air (Lynx), Canada’s newest ultra-affordable carrier. Each of the three aircraft will be financed with equity provided by CarVal Investment funds and debt arranged by AV AirFinance. Fred Browne, Chief Executive Officer of Aergo, commented: “We are extremely happy to

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MTU Maintenance posts net income of €342 million for 2021

MTU Aero Engines AG has published its preliminary figures for 2021: Revenue rose 5% from €3,977 million to €4,188 million. Operating profit was 13% higher at €468 million (2020: €416 million). The adjusted EBIT margin was 11.2%, compared with 10.5% in 2020. Net income climbed to €342 million in 2021 (2020: €294 million). In commercial maintenance (MRO), MTU raised revenue by

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CFM International appoints Karl Sheldon as Executive Vice President

CFM International has appointed Karl Sheldon as Executive Vice President, replacing Allen Paxson. Paxson, who had served in the role since May 2014, was recently appointed Vice President, Commercial Programmes Strategy for GE Aviation. In this newly created role, he will be responsible for development and integration of strategies for the company’s commercial markets, execution

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American Airlines to expand Embraer fleet with order for three new E175 aircraft

American Airlines has signed a firm order with Embraer for three new E175s. The aircraft will be operated by American Airlines’ wholly owned subsidiary, Envoy Air. With deliveries to be completed this year, Envoy’s fleet of E175s will grow to over 100 aircraft by the end of 2022. The contract value is US$160.2 million at

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King Aerospace expands modification services with addition of two Arkansas hangars

King Aerospace Commercial Corporation (KACC) has signed a lease agreement for two hangars at the Northwest Arkansas Regional Airport (XNA) near Rogers. The secure-environment hangar spaces will be used to support highly specialized, FAA Part 145 modifications, engineering and integration services for mission-critical government or quasi-government wide-body aircraft. These include everything from upgraded airborne defense

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