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DAILY AVIATION NEWS ALERT

July 17th, 2023
Pilots of United Airlines are in line for a pay raise of up to 40%

United Airlines pilots agree to pay deal that will see raises of up to 40% in salaries

Pilots of America’s United Airlines are in line for a pay raise of up to 40% after the culmination of pay negotiations that have extended over the last four years. The Air Line Pilots association confirmed details of the agreement on Saturday, July 15. The agreement will now have to be ratified by the approximately 16,000 pilots. According to the …
Lilium announces US$192 million financing

Lilium announces US$192 million financing

Lilium, developer of the first all-electric vertical take-off and landing jet, has announced a US$192 million financing, including the pricing of an upsized US$75 million underwritten public offering of 57,692,308 of the company's Class A ordinary shares (the shares), as well as a concurrent US$42 million private placement of 32,146,147 Shares and warrants to purchase 8,036,528 Shares led by Earlybird …
China Eastern Airlines second C919 aircraft has completed the ferry flight in the morning of July 16

China Eastern Airlines takes delivery of second C919 aircraft

In the afternoon of July 14, 2023, the second C919 aircraft was officially delivered to China Eastern Airlines. A "three certificate" issuance and delivery ceremony of China Eastern Airlines' C919 aircraft was held in the flight test complex building of Zhuqiao base of Commercial Aircraft Corporation of China (COMAC) Relevant personnel and appointed representatives of CAAC East China Regional Administration, …
Apollo will raise a €500 million financing into an operating affiliate of Air France that will own a pool of components dedicated to Air France’s MRO activities

Air France-KLM and Apollo Global Management sign agreement for €500 million quasi-equity financing

Air France-KLM and Apollo Global Management have signed a definitive agreement for Apollo-managed funds and entities (Apollo) to raise a €500 million financing into an operating affiliate of Air France that will own a pool of components dedicated to Air France’s Engineering and Maintenance activities. Under this agreement and subject to customary closing conditions, Apollo will subscribe to perpetual bonds …
MTU Zhuhai celebrated the completion of its 4000th shop visit © MTU

MTU Maintenance Zhuhai marks 4000th shop visit

MTU Maintenance, a global market leader in customised MRO solutions for aero engines, has completed its 4000th shop visit at its Zhuhai location. This sets yet another milestone for 2023, after the official opening of a brand-new test cell last month. MTU Maintenance  redelivered a LEAP-1A engine, a product of CFM International, a 50/50 joint company between GE Aerospace and Safran …
Avia Solutions Group is expanding in UK by acquiring Synergy Aviation

Avia Solutions Group acquires UK airline

Avia Solutions Group has acquired UK-based airline operator Synergy Aviation, later to be rebranded to Ascend Airways. The newly purchased business, which has an Air Operator Certificate (AOC) and Type B Operating License from the UK CAA, will enable the Group to strengthen its position in the UK aviation market. Jonas Janukenas, CEO of Avia Solutions Group, said: “We have …

Delta Air Lines looks to expand fuel-efficient fleet

Global tonnages and rates further decline

Coulson Aviation continues to support aerial firefighting efforts

Swiss-AS releases AMOSeTL

AJW Group and Azerbaijan Airlines strengthen partnership

Marubeni Corporation acquires 50% equity stake in DASI

Air bp appoints Federica Berra Senior Vice President

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