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DAILY AVIATION NEWS ALERT
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VoltAero receives €5.6 million government grant for Cassio electric-hybrid aircraft development
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VoltAero’s Cassio 330 electric-hybrid aircraft development programme has received a financial boost from the French government in the form of a €5.6 million grant via BPI France. The financing was made available through the “France 2030” investment plan, which had previously been established by the French government to assist with sustainably transforming key sectors of the country’s economy – including …
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WestJet names Michael Scott Executive Vice-President and CFO
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The WestJet Group has named Michael Scott as the Group's Executive Vice-President and Chief Financial Officer. The 30-year aviation industry veteran will start with the airline’s executive team on June 13, 2023. Scott’s long-established career with StandardAero, included more than 13 years as Chief Financial Officer and Treasurer. He led tremendous growth with revenue increases of more than 300%, while …
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MTU Maintenance Zhuhai opens second test cell
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MTU Maintenance Zhuhai has opened its second test cell, located in Jinwan, at a ceremony with CAAC representatives, local government and representatives from China Southern and MTU Maintenance. Having received CAAC, EASA and FAA approval for PW1100G-JM engines at the beginning of June, the 60,000 lb thrust test cell is now up and running and will ramp-up to an annual …
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Honeywell, Lockheed Martin to grow presence in Czech Republic
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Honeywell and Lockheed Martin have signed a Memorandum of Understanding (MOU) at the recently concluded International Defence and Security Technologies Fair (IDET) in Brno, Czech Republic. The agreement outlines collaboration to identify growth opportunities in the Czech Republic, marking an important expansion milestone for Honeywell on the F-35 Lightning II platform. The agreement provides Honeywell the opportunity to participate in development …
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WorldACD cargo trends show downward trend in cargo tonnages into early June
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The downward trend in air global cargo tonnages has continued into early June, with average rates also continuing the year-long pattern of slow year-on-year (YoY) decline, according to the latest weekly figures from WorldACD Market Data. Figures for week 22 (29 May to 4 June) show a decrease of -6% in tonnages and -1% in average global air cargo prices, …
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AIP Capital announces US$230 million acquisition facility
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AIP Capital (AIP), a global aviation asset management and investment firm, announced the closing of a US$230 million acquisition facility. The non-recourse facility provides financing for the purchase of seven Boeing 737 MAX 8 aircraft, that have been delivered or are scheduled to be newly delivered between 2021 and 2023, and are on long-term leases, to three airlines. Citi acted …
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Adams Rite Aerospace extends channel partnership with Wencor
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Adams Rite Aerospace has extended its exclusive partnership with Wencor as its distributor supporting the commercial aftermarket in Europe, Middle East, the Americas, and Japan through a multi-year agreement. The agreement includes the full range of Adams Rite solutions for the commercial aftermarket including cockpit security, lavatory products, and hardware. Customers will continue buying Adams Rite products through Wencor’s reliable …
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US FAA to roll out pilot training and certification rules relating to eVTOL air taxis
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GE Aerospace to supply engines for LMXT strategic tanker
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Deutsche Aircraft chooses Series 9 economy-class seats from Acro
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FSG selects Aviation Glass as partner for 'RealGlass' lenses
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Jet Aviation completes new hangar in Scottsdale
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Satair and CTT Systems sign multi-year agreement
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Vallair completes teardown of two A320s on behalf of SETNA iO
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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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