IBA releases latest Aviation Industry Barometer for February 2022

Aviation industry consultant IBA has published its latest Aviation Industry Barometer for February 2022. Data from IBA’s InsightIQ intelligence platform indicates that the recovery of global passenger flights has been static from December 2021 to February 2022, with flight capacity remaining at 74% relative to pre-pandemic levels. IBA’s Aviation Industry Barometer for February 2022 indicates […]

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DAE closes US$1 billion revolving credit facility

Financial

Dubai Aerospace Enterprise (DAE) has successfully closed a new four-year US$1 billion (£760 million) revolving credit facility with a one-year extension option. The facility replaces other facilities with near-term maturity dates and represents DAE’s first facility that is priced with reference to SOFR. The facility attracted strong interest from a broad group of banks and

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Lilium commences flight tests at ATLAS Flight Test Center in Spain

Aircraft & Engines, Top Stories

Lilium has announced it is to begin flight tests with its fifth-generation technology demonstrator, Phoenix 2, at the ATLAS Flight Test Center in Jaén, Spain. ATLAS (Air Traffic Laboratory for Advanced unmanned Systems) is the first facility of its type in Spain and unique to Europe, created exclusively for and dedicated to the testing of

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Asia Cargo Network’s RGA-Black Stone Airlines takes off

Airlines & Routes

After receiving its second newly approved Air Operator Certificate (AOC) in Indonesia on March 28, which is its third airline AOC in the region, the Asia Cargo Network group launched RGA-Black Stone Airlines with its inaugural flight departing last week on March 30, 2022. Setting out of Soekarno-Hatta International Airport (CGK) in Jakarta, the flight

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Liebherr Group reports significant boost in turnover in 2021

Uncategorized

In 2021, the Liebherr Group achieved a turnover of €11,639 million. Compared to the previous year, the company posted an overall increase of €1,298 million or 12.6 %. As a result, the Liebherr Group was almost able to match its previous record year in 2019 in terms of annual turnover. Liebherr recorded a significant increase

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As of September 30, 2025, Air Lease’s fleet comprised 503 owned aircraft and a further 50 managed aircraft © Boeing

Air Lease Corporation adds 32 Boeing 737 MAX jets to orderbook

Aircraft & Engines

Aircraft lessor Air Lease Corporation (ALC) is expanding its airplane portfolio with an order for 32 additional Boeing 737-8 and 737-9 jets. As the travel market recovers, ALC is increasing its 737 MAX family offering to meet airline demand for modern, fuel-efficient and sustainable operations. ALC continues to grow its investment in the 737 MAX

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Jordi Boto becomes new CEO at Elbe Flugzeugwerke

People

Jordi Boto has been appointed CEO of Elbe Flugzeugwerke GmbH (EFW) and started in his new role on April 1. Boto is the successor of Dr Andreas Sperl, who left the company after more than 15 years of growth. Prior to the appointment, Boto was COO, responsible for driving the ramp-up of the conversion from passenger-to-cargo

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TITAN Aviation Fuels® acquires European-based aviation fuel reseller AKRYL

Financial

TITAN Aviation Fuels®, one of the largest suppliers of aviation fuel products in the United States for the past 45 years, has announced the acquisition of AKRYL, an aviation fuel reseller with a world-wide digital fuel procurement platform based in Geneva, Switzerland. TITAN Aviation Fuels, already a well-established aviation fuel brand throughout the United States, will

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IBC Advanced Alloys launches copper alloy casting operations in new expanded Indiana facility

MRO & Production

IBC Advanced Alloys, a leading beryllium and copper advanced alloys company, has launched copper alloy casting at its new and expanded copper alloy foundry facility in Franklin, Indiana. The launch of production at the new facility marks the effective completion of a two-year consolidation of three production facilities into a single, vertically integrated manufacturing operation dedicated

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Volare Aviation opens dedicated helicopter facility at London Oxford Airport