Virgin Atlantic to raise additional £160 million to further combat air travel crisis

Having received backing for a £1.2 billion rescue deal back in August 2020 which Virgin Atlantic claimed would secure its future for approximately 18 months, the struggling carrier has announced it is raising a further £160 million in new financing to help combat the effects of the global pandemic on demand for flights. It is […]

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First CFM-powered Airbus A321P2F aircraft delivered to Titan Airways

Titan Airways has taken delivery of its first passenger-to-freighter converted aircraft, a CFM56-5B-powered Airbus A321P2F. This delivery is the first of three Airbus A321 converted passenger-to-freighter aircraft on order. The U.K. airline is among the first carriers to operate the converted aircraft since the plane’s initial production in 2020. The aircraft is leased to Titan

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DAE will acquire a portfolio of Boeing 737-8, 737-9 and 737-10 aircraft from CALC

Boeing receives order for 24 737 MAX aircraft from investment firm 777 Partners

Boeing and private investment firm 777 Partners have announced an agreement to add 24 737-8 aircraft to the 777 Partners’ diverse aviation portfolio, with purchase rights for an additional 60 airplanes. The Miami-based company will place the single-aisle airplanes with its growing portfolio of low-cost carrier investments around the world. In addition to aircraft leasing,

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ATR Eastern Support Subsidiary appoints new Managing Director

ATR has appointed Alessandro Luzi as Managing Director of the company’s Eastern Support (AES) subsidiary, based in Singapore, effective as of March 1, 2021. Luzi joined ATR in 2008 as Cockpit and Cabin Design Engineer and has since developed with leadership roles as Head of Aircraft Interiors and Systems Installation and subsequently leading the development

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Alaska Airlines expands Pacific Northwest service with four new routes

Alaska Airlines continues to strengthen its Pacific Northwest connections with the announcement of four new routes, which includes linking Boise to Chicago O’Hare and Austin, and two new destinations from Seattle. On June 17, Alaska will begin daily nonstop service between Boise and Chicago, and between Boise and Austin. Both routes will be flown year-round

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Rolls-Royce confident of future despite posting record loss of £4 billion

Rolls-Royce CEO Warren East has remained confident about the company’s future, despite revealing a £4 billion loss for 2020. Cash burn is expected to halve in 2021 from £4.2 billion to £2.0 billion and will likely turn positive for the latter half of the year as post-vaccination air travel begins to recover. This projection is

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MTU Maintenance Zhuhai and Sichuan Airlines sign engine MRO contract

MTU Maintenance, a global leader in customized solutions for aero engines, and long-standing partner Sichuan Airlines have strengthened their existing relationship with an engine MRO contract for the airline’s V2500 and CFM56-5B engines. The agreement covers 259 engines including spares for a five-year period. Services will be carried out at MTU Maintenance’s facilities in Zhuhai,

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LCI places two news AW109SP helicopters with Sloane Helicopters

LCI, a leading helicopter leasing, management and investment platform, has placed two AW109SP helicopters on long-term operating leases to undertake EMS (emergency medical services) operations with its newest customer, Sloane Helicopters. The two new Leonardo helicopters, which are the first of its type to enter LCI’s fleet, were recently delivered to Sloane Helicopters’ base at

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Transavia France selects TRAX eMobility electronic technical log

Transavia France is adding the suite of eMobility apps to its maintenance environment. With this addition to its TRAX core maintenance system, Transavia will transition to electronic technical logbooks and digital task cards. The airline will experience immense gains from going mobile and paperless. eMobility apps are task based and intuitive for end users with

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