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DAILY AVIATION NEWS ALERT
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Richard Branson’s Virgin Orbit cuts 85% of rocket workforce after funding failure
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Billionaire Sir Richard Branson’s Virgin Orbit satellite launch company has failed to secure new funding and as a consequence, approximately 85% of the workforce has been cut. This equates to roughly 675 members of staff, leaving a pared down business with around 100 remaining staff. Virgin Orbit is a California-based company and the staff cuts were reported in a U.S. …
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SWISS will be recruiting trained first officers
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Swiss International Air Lines (SWISS) has released that it will be recruiting trained first officers with or without a current type rating for the next few years. Having been unable to train any new pilots during the COVID-19 pandemic, SWISS is ensuring through these actions that it will continue to maintain adequate numbers of cockpit personnel. “We are looking forward …
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Boeing to enhance KC-46A advanced communications capabilities through Block 1 upgrade
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Boeing will enhance the KC-46A advanced communications capabilities through a Block 1 upgrade under a US$184 million contract awarded by the U.S. Air Force. Upgrades include line-of-sight and beyond-line-of-sight communications technologies with antijamming and encryption features. These capabilities will further enhance the data and communications connectivity the KC-46A provides to joint and allied forces for battlespace situational awareness. “This upgrade …
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AerCap signs lease agreements for two 737-800BCFs with Raindo
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AerCap has signed lease agreements for two 737-800BCF (Boeing Converted Freighters) with newly launched cargo airline, PT Rusky Aero Indonesia, operating as Raindo United Services (Raindo). The first passenger-to-freighter conversion will be completed by Boeing Shanghai Aviation Services (BSAS) and the second by Taikoo (Shandong) Aircraft Engineering (STAECO). "We are very pleased to welcome Raindo as a new customer to …
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Lufthansa Technik Turbine Shannon opens new engine parts repair facility
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Lufthansa Technik Turbine Shannon (LTTS) is continuing its rapid growth trajectory in Ireland with the official opening of its new Engine Parts & Accessories Repair (EPAR) facility in Shannon. The new 2,000 m² state-of-the-art facility brings LTTS' total capacity for aircraft engine maintenance and repair in the region to 10,000 m². This development enables LTTS to expand its portfolio by …
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Ashwin Bhat becomes new CEO of Lufthansa Cargo
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Ashwin Bhat is set to be appointed as new CEO of Lufthansa Cargo. Subject to the pending resolution by the Supervisory Board of Lufthansa Cargo, he will take over his new position as of April 15, 2023. In his new role, he will continue to be responsible for product and sales. Dr Michael Niggemann, Member of the Executive Board of …
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New generation narrow-body engines remain highly liquid asset IBA data reveals
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New generation narrow-body engines remain a highly liquid asset with strong orderbooks, reflecting a complete post-pandemic recovery for this type, according to data revealed by aviation market intelligence and consultancy company, IBA. In IBA’s latest webinar, its experts revealed that new-generation narrow-body engine base values have risen in response to cost escalations after price stability through the pandemic. The LEAP-1A26 had …
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Australian sustainable aviation fuel industry receives massive boost with major investment
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EVA Air finalises order for five additional Boeing 787-9 Dreamliners
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Liebherr and China Airlines sign agreement on A321neo component support
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Epic Flight Academy orders 15 new Cessna Skyhawk 172 aircraft
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Zurich Airport gets approval from KEVU for runway extensions
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Wencor signs multi-year defence partnership with Regal Rexnord Aerospace
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Board and Executive leadership changes at Rolls-Royce
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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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Interested in promoting your company with AviTrader?
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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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