Complete Aircraft Group finalises acquisition of Aerocare AS

Complete Aircraft Group (CAG), part of JMC Group (JMC), the established aviation services business, has finalised the acquisition of MRO Part 145 provider, interiors and paint specialist Aerocare Aviation Services. This formally ratifies its September 2021 terms of agreement and cements CAG’s move into business aircraft support. The Aerocare Aviation Services Limited name remains unchanged. […]

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US airlines cancel 700 flights while German airports look to hire foreign workers

Other News, Top Stories

On both sides of the Atlantic carriers and airports have been struggling to take on new staff to cope with the surge in demand for air travel after the lifting of multiple worldwide travel restrictions. Airlines and airports alike shed thousands of jobs at the peak of the COVID-19 pandemic and many of those employees

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Aer Lingus signs for two A320neo aircraft

Aircraft & Engines

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has agreed to lease two Airbus A320neo aircraft to Irish flag carrier, Aer Lingus, for delivery during this summer season. The transaction marks the introduction of the first A320neo variant in the airline’s growing fleet. The aircraft, which are fitted

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Volocopter and Diehl agree to expand cooperation

MRO & Production

Volocopter, the pioneer of urban air mobility and Diehl Aerospace, a leading supplier of avionics systems and a joint venture between Diehl Aviation and Thales, are further expanding their cooperation. The contract extension provides for the development and production of an optical splitter to complement the flight control system as well as other components for

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Lufthansa reactivates Airbus A380

Airlines & Routes

Lufthansa has announced that it is reactivating the Airbus A380 in response to the steep rise in customer demand and the delayed delivery of ordered aircraft. The airline expects to use the long-haul aircraft, which is popular with customers and crews, again from summer 2023. The company is currently assessing how many A380s will be

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CharterSync bolsters senior management team with new appointments

People

Air cargo charter business, CharterSync, is announcing several strategic appointments to accelerate its global expansion plans. Charter market veteran, Chris Metters, is joining the team in a consultant advisory role to the board as interim Financial Director, following 28 years with leading global air charter broker, Chapman Freeborn where he was Group Financial Director and

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Battle for Spirit Airlines heats up as ISS now recommending Frontier offer

Financial, Top Stories

The battle between Frontier Group Holdings (Frontier) and JetBlue Airways Corp. (JetBlue) for the acquisition of Spirit Airlines Inc. (Spirit) has taken another twist as proxy advisory firm Institutional Shareholder Services Inc (ISS) has changed its recommendation subsequent to the most recent revised offer from Frontier. “On balance, support for the merger with Frontier on

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Government of Cyprus orders six H145 helicopters

Military & Defense

The Government of Cyprus has signed a contract with Airbus Helicopters for the purchase of six H145Ms with an option for another six aircraft. The five-bladed helicopters will be operated by the Cypriot National Guard. “The implementation of this agreement will provide the National Guard with a cost-effective and high-performance helicopter solution that satisfies the

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Fritz Joussen, CEO of TUI, hands over his position to Sebastian Ebel

People

Sebastian Ebel, currently the Chief Financial Officer, is to become CEO of TUI. After around ten years at the helm, Fritz Joussen will hand over his position as CEO of the tourism group at the end of September. He is exercising a right of resignation granted in connection with the conditions of the Corona stabilisation

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Embraer signs contract for up to ten passenger-to-freight conversions