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DAILY AVIATION NEWS ALERT

May 19th, 2023

Featured Story

ST Engineering and SF Airlines to establish joint venture company JVCo

ST Engineering and SF Airlines to establish joint venture company JVCo

The Commercial Aviation arm of Singapore Technologies Engineering (ST Engineering) and SF Airlines Co., Ltd. (SF Airlines), are to combine resources under the umbrella of a joint venture company (JVCo) in Ezhou, Hubei, China. The JVCo will operate a greenfield airframe Maintenance, Repair & Overhaul (MRO) facility at Ezhou Huahu Airport to provide airframe MRO services to cargo and passenger …
Munich International Airport

Munich Airport significantly improves financial results in fiscal year 2022

A dynamic traffic development brought Munich Airport significantly improved financial results in fiscal year 2022. With a passenger volume of 31.6 million passengers – 19 million more than in the previous year – the airport already reached around 70% of its pre-crisis level. Revenue was almost doubled year-on-year to around €1.2 billion. Earnings before interest and taxes (EBIT) amounted to …
Royal Jordanian Airlines has signed a deal with Embraer and Azorra for eight new E2 jets

Embraer and lessor Azorra sign deal with Royal Jordanian Airlines for eight E2 jets

Embraer and commercial aviation lessor Azorra have signed a new eight-aircraft deal with Royal Jordanian Airlines, Jordan’s flag carrier. The agreement will see the introduction of both the E190-E2 and E195-E2 to the airline’s fleet. Aircraft deliveries are expected to begin in Q4 2023. The agreement covers eight commercial aircraft, four E190-E2 and four E195-E2, with a list price value …
AerCap has concluded the delivery of four Airbus A321neo aircraft to Air India

AerCap delivers fourth A321neo to Air India

AerCap Holdings (AerCap) has completed a mandate for the lease of four new Airbus A321neo aircraft with Air India, the flag carrier of India, following the delivery of the fourth aircraft. The aircraft, powered by CFM LEAP-1A engines, are the first A321neo aircraft to be inducted into the carrier's fleet. "It is a very exciting time for Air India as …
IAI reports first-quarter revenues of US$1,279 million

IAI reports first-quarter revenues of US$1,279 million

Israel Aerospace Industries (IAI), Israel's largest national military and civilian security defence company, has reported that the company's revenues in the first quarter of 2023 (Q1 2023) totalled US$1,279 million compared with US$1,200 million in Q1 2022, an increase of US$79 million arising mainly from the increase in revenues of the Systems Missiles & Space Group and the Aviation Group. …
Finnair will lease two A330 aircraft to oneworld partner Qantas

Finnair to lease two Airbus A330 aircraft to Qantas

Finnair and Qantas have entered into a long-term agreement, in which Finnair first leases two Airbus A330 aircraft with crew (wet-lease) to oneworld partner Qantas for a period of two years, and after the wet-lease period, dry leases (aircraft lease with no crew) two of its A330s to Qantas for a period of 2.5 years, starting in 2025. The wet …
National Jet Express plans to procure two Dash 8-Q400NGs for its operations in Queensland starting July 1.

National Jet Express makes entry into Queensland market

National Jet Express (NJE), a subsidiary of the Rex Group, has made its highly anticipated entry into the Queensland market by securing a long-term contract. NJE recently announced that it had been chosen to provide services to BHP Mitsubishi Alliance (BMA), a renowned global mining operator. Chris Hine, Chief Executive Officer and Managing Director of NJE, expressed gratitude for being …

Helvetic Airways leases two Embraer E190s from TrueNoord

Rolls-Royce successfully concludes first tests of UltraFan technology demonstrator

GE Aerospace to invest up to US$20 million in EPISCenter 

Aerial refuelling without human intervention

EFW receives Chinese validation of its STC for A330P2F

Star Air commences Embraer E175 flights in India

EAS and FalconPoint Aviation join forces with MRO JAT Tehnika to tear up the tear-down market

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