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DAILY AVIATION NEWS ALERT

March 20th, 2023

Featured Story

Boeing set to manufacture 184 AH-64E Apaches for the U.S. Army and overseas users

Boeing set to manufacture 184 AH-64E Apaches for the U.S. Army and overseas users

Boeing has confirmed it is to build 184 AH-64E Apaches for the U.S. Army as well as several international customers. This will include the first Apaches for Australia. This latest award, valued at US$1.9 billion, will bring the total current funded value of the contract to US$2.1 billion. Future obligations have the potential to see this value to increase to …
Investor group led by Apollo completes acquisition of Atlas Air Worldwide

Investor group led by Apollo completes acquisition of Atlas Air Worldwide

Atlas Air Worldwide (Atlas) a leading global provider of outsourced aircraft and aviation operating services, has released that the investor group led by funds managed by affiliates of Apollo, together with investment affiliates of J.F. Lehman & Company and Hill City Capital, has completed its previously announced acquisition of the company. The company will continue to maintain its global presence, …
Afroport Mauritanie and IATA sign agreement on ground handling safety

Afroport Mauritanie and IATA sign agreement on ground handling safety

The International Air Transport Association (IATA) and Afroport Mauritanie have signed an agreement to enhance the safety of ground operations in Mauritania with a focus on two critical global standards: IATA Ground Operations Manual (IGOM) and the IATA Safety Audit for Ground Operations (ISAGO). The agreement was signed by Kamil Alawadhi, IATA’s Regional Vice President, Africa and the Middle East, …
Recaro Business-Class seats take flight on Iberia's A350 cabin

Recaro Business-Class seats take flight on Iberia's A350 cabin

The Recaro Aircraft Seating (Recaro) CL6720 Business-Class seat with doors took flight in Iberia’s A350 cabin on the route from Madrid to Buenos Aires in January. A total of 31 CL6720 seats are outfitted in the A350 Business-Class cabin. The Premium-Economy and Economy cabins are also fully equipped with the Recaro PL3530 and the CL3710, respectively. Iberia is the launch …
Air France-KLM repays €300 million of outstanding €600 million French State perpetual hybrid bonds 

Air France-KLM repays €300 million of outstanding €600 million French State perpetual hybrid bonds 

Air France KLM has repaid €300 million of outstanding French State perpetual bonds, exceeding the 75% COVID-19 recapitalisation aid redemption threshold. In April 2021, Air France-KLM and the French State agreed to convert the direct French State loan of €3 billion, granted by the French State to Air France-KLM in late May 2020, into perpetual hybrid bonds as a COVID-19 …
AAR elects John W. Dietrich to Board of Directors

AAR elects John W. Dietrich to Board of Directors

AAR CORP. has released that John W. Dietrich has been elected to AAR’s Board of Directors, effective immediately. Dietrich is the President and Chief Executive Officer of Atlas Air Worldwide Holdings (Atlas), a leading global provider of outsourced aircraft and aviation services, and serves as the Chairman of the National Defence Transportation Association.  “Mr. Dietrich brings significant aviation and airline …
Finnair increases use of sustainable aviation fuel

Finnair increases use of sustainable aviation fuel

Finnair is increasing the use of sustainable aviation fuel (SAF) as part of its goal to reduce carbon emissions from flying. Finnair has purchased 750 tonnes of SAF from its partner Neste for use on flights departing from Helsinki Airport. Finnair's customers are also involved in reducing carbon dioxide emissions from flights: a small part of the price of each …
BAA Training partners with Airways Aviation Academy in France

BAA Training partners with Airways Aviation Academy in France

BAA Training, one of Europe’s largest independent aviation training centres, has partnered with Airways Aviation Academy (ESMA), one of the largest privately owned multidisciplinary aviation academies based in France. BAA Training’s soon-to-open simulator centre near Paris-Orly Airport, BAA Training France, will be assisting the Airways Aviation pilots with MCC courses and A320/B737 type rating training. Marijus Ravoitis, CEO of BAA …

Virgin Orbit operations on hold as further investment sought

WorldACD figures indicate global cargo tonnages flatten as average rates further soften

London Gatwick Airport reports strong financial results for 2022

AFI KLM E&M selects Exail to supply flight simulator for E-3F AWACS aircraft

LHT hands over third Airbus A350 government aircraft to German Armed Forces

SriLankan Airlines becomes new member of AMOS community

Bluebird Nordic plans to obtain Air Operator Certificate (AOC) in Slovakia

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