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DAILY AVIATION NEWS ALERT
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Air France-KLM and Apollo in talks over €500million cash injection
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Air France-KLM has confirmed it has been in discussions with Apollo Global Management (Apollo), the private equity firm, for a second capital injection of €500 million, this time for one of its engineering maintenance units. According to the European carrier, the money will be allocated for general corporate purposes and that no workforce-related changes would be involved. The new financing …
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WorldACD Market Data shows global tonnages in April down by 10% compared to 2022
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Global tonnages appear to have stabilised in the last week of April, following a mid-month increase after dropping sharply at the end of March and declining for several previous weeks, according to the latest weekly figures from WorldACD Market Data, with rates also stabilizing and even slightly rising after a period of decline. However, following an upswing in chargeable weight …
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United adds SAF on flights at San Francisco Airport
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United Airlines (United) has announced that it will begin using a blend of sustainable aviation fuel (SAF) on departing flights from San Francisco International Airport and is planning to use a SAF blend later this year at London Heathrow Airport, which could put the airline on track to use approximately ten-million gallons in 2023, nearly three-times more than in 2022 and close …
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India's first C295 aircraft completes maiden flight
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The first C295 aircraft for India has successfully completed its maiden flight, marking a significant milestone towards its delivery by the second half of 2023. The tactical aircraft took off from Seville, Spain, on the May 5, and landed after three hours of flight. “This first flight represents a significant accomplishment for the first Make in India aerospace programme. With the …
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Derek Kerr to retire from American Airlines on September 30
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American Airlines Group (American) has released that Derek Kerr, American’s Vice Chair, President of American Eagle and Strategic Advisor, will retire from the airline on September 30. Kerr stepped down as CFO at the end of 2022 after 20 years in the role as part of a long-planned succession process. Devon May was named Kerr’s successor as CFO and assumed the role …
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Embraer and Finep to develop demonstration platforms for new aeronautical technologies
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Embraer and the Financiadora de Estudos e Projetos (Finep), which promotes Brazil's economic and social development through public funding for Science, Technology and Innovation, have signed an agreement for the development of platforms to demonstrate new aeronautical technologies. The formalisation of the partnership focused on sharing the costs and risks inherent in research and development at a low and medium Technology …
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EASA publishes first proposal on assessment and limitation of air taxi noise
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The European Union Aviation Safety Agency (EASA) has published the first proposal world-wide for the assessment of the noise generated by air taxis, addressing one of the top societal concerns concerning this new mode of urban transport. The Environmental Protection Technical Specifications (EPTS) are applicable to electric Vertical Take-Off and Landing (eVTOL) aircraft powered by multiple, vertical, non-tilting, evenly distributed rotors. …
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Fraport’s improved Q1 results sees 2023 Group net profit forecast of €300 - €420 million
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RECARO's BL3710 economy-class seats enter into service on IndiGo's A321neo
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VSE Corporation acquires Desser Aerospace
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Michael T. Steen appointed CEO of Atlas Air Worldwide
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CDB Aviation delivers first A321NX to Volaris
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Willis Lease Finance reports first-quarter pre-tax income of US$6.8 million
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Air Transat increases service to London Gatwick
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Embraer posts 19% revenue growth for first quarter 2023
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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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