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DAILY AVIATION NEWS ALERT
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Alliance Airlines acquires additional 30 E190 aircraft from AerCap
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Alliance Airlines has entered into a sale and purchase agreement for an additional 30 Embraer E190 aircraft from Dublin-based lessor AerCap. The additional 30 E190 aircraft are currently on lease from AerCap to a U.S. airline and have been operated by the carrier since new. Aircraft deliveries and payments will commence in September 2023 and will be completed in January …
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IAG to complete full purchase of Spain’s Air Europa for €400m
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International Airline Group (IAG), the parent company of British Airways, Aer Lingus and Iberia, has confirmed its intention to acquire the remaining 80% of shares in Spain’s Globalia offshoot, Air Europa. Having agreed in March 2022 to grant Air Europa a €100 million loan that was convertible into a 20% stake, this latest move sees the culmination of a deal …
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Narrow-body aircraft values recover in 2022 and set for 2023 climb
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New narrow-body aircraft base values rose beyond the long-term trend into 2023 and lease rates are forecast to climb further this year, according to data revealed by IBA leading aviation market intelligence and consultancy company. In its latest values webinar, IBA’s ISTAT-certified experts revealed that the base value of a new Airbus A220-300 was US$38.25 million in 2019 and will …
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Ashwin Bhat CCO of Lufthansa Cargo elected to SWISS' Board of Directors
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Ashwin Bhat, Chief Commercial Officer (CCO) at Lufthansa Cargo, has been newly elected to the SWISS Board of Directors at the company’s annual general meeting. He succeeds Christina Foerster, who remains a member of the Lufthansa Group Executive Board and also interim CEO of Brussels Airlines. New Board member Ashwin Bhat has been Chief Commercial Officer at Lufthansa Cargo since …
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Boeing sets F/A-18 production completion date
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Boeing expects to complete new-build production of the F/A-18 Super Hornet fighter aircraft in late 2025 following delivery of the final U.S. Navy fighters. Production could be extended to 2027 if the Super Hornet is selected by an international customer. To meet demand for defence products and services, Boeing plans to continue hiring year-over-year for the next five at its …
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Collins Aerospace to design, develop and build Lilium Jet’s inceptors
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Collins Aerospace has teamed with Lilium, developer of the all-electric vertical take-off and landing (eVTOL) jet, to design, develop, and build the Lilium Jet’s inceptors – the innovative sidestick system used by the pilot to control the aircraft. Collins is a leader in technologically advanced and intelligent solutions for the global aerospace and defence industry and a Raytheon Technologies business. …
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JetBlue celebrates ground breaking of US$4.2 billion project to develop new JFK International Terminal 6
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New York City-based JetBlue has celebrated a key milestone in the Port Authority of New York and New Jersey's transformation of JFK International Airport (JFK) with the ground-breaking of a US$4.2 billion project to develop a new international Terminal 6. The ground-breaking, held at JetBlue’s JFK maintenance hangar, only reinforces the airline’s commitment to JFK, Queens and New York. The …
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Airbus predicts airlines in Asia Pacific region to take delivery of 920 new aircraft over next 20 years
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Airlines based in the Pacific region will take delivery of 920 new aircraft over the next 20 years, generated by an average growth in passenger traffic in the region of 3.2% per annum, according to the latest Airbus Global Market Forecast. The forecast for new aircraft includes around 750 single-aisle aircraft like the A220 and A320 families and around 170 …
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Flexjet buys Constant Aviation – now has in-house MRO capabilities
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Satair and SR Technics Malta sign multi-year agreement for Integrated Material Services (IMS)
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Tracey Patterson joins AAR Corp. as VP and Chief of Human Resources
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Jet2.com selects seats from Acro Aircraft Seating for fleet of new Airbus A321/A320neos
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ST Engineering and SF Airlines to set-up airframe MRO JV
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Swissport doubles passenger numbers in 2022
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Atlas Air posts full-year net income of US$355.9 million
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles.
Subscription free monthly magazine straight to your inbox, as a pdf attachment or link to hosted site.Edit this to insert text.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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Vice President Sales & Business Development
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AviTrader Publications Corp.
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Richmond, British Columbia
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For information, contributions, letters to the editor and queries:
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