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DAILY AVIATION NEWS ALERT

August 8th, 2023
Western Global Airlines MD-11F aircraft

Western Global Airlines files for Chapter 11 bankruptcy protection

Estero, Florida-based Western Global Airlines has filed for Chapter 11 bankruptcy protection. The company operates chartered cargo jets for the military and other organisations. The carrier is undergoing restructuring  with the help of  US$77 million in financing from creditors and bondholders. The filing was not unexpected after revenues fell heavily and a heavy debt load. Western Global founder and CEO …
B737-800 P2F

IBA forecasts oversupply of 737-800 P2F aircraft

Aviation market intelligence and consultancy company IBA, has revealed there are signals of potential oversupply of the Boeing 737-800 passenger-to-freighter (P2F) aircraft, with 60 conversions forecast for this year alone.   IBA highlighted data from its aviation intelligence platform, IBA Insight, which shows that the 737-800 has been converted at a faster rate than any other P2F programme. In the …
Student training

Rex Group pilot academy resumes training for Chinese cadets

AAPAV, a pilot academy within the Rex Group, has recommenced the training for aspiring Chinese aviators at its Ballarat facility in Victoria. This marks the academy's first stride back into action since the easing of COVID restrictions. Chris Hine, the Managing Director of AAPAV, stated, "Despite the challenges posed by COVID, we persevered in training 56 Chinese cadets, enabling them …
Boeing 737-MAX 8 in Lynx Air livery

High Ridge Aviation acquires first aircraft from Aergo

The first aircraft in High Ridge Aviation’s portfolio has been identified as MSN 44312, a Boeing MAX 8 in operation with Lynx Air purchased from Aergo Capital (Aergo). The transaction was completed on June 28. Fred Browne, Chief Executive Officer of Aergo, commented: “We are delighted to share this milestone event with our friends at High Ridge Aviation. Aergo is …
Air bp operators in Brazil

Air bp unveils new supply hub in São Paulo state

Air bp has unveiled the commencement of operations at a new supply hub situated in Paulínia, within the interior of São Paulo. Anticipated to become operational later in 2023, this novel hub will enhance logistical versatility and offer expanded choices for clients. Its scope will encompass servicing the aviation sector in São Paulo state, along with the crucial Central-West locations …
AerFin has appointed Jacqueline Fernandez Head of Americas

Jacqueline Fernandez named Head of Americas for AerFin

AerFin has announced the appointment of Jacqueline Fernandez in a newly created role of Head of Americas. Fernandez is an industry veteran with 30 years’ experience in delivering aftermarket supply chain solutions and has held senior leadership roles at Kellstrom, AerSale and most recently TrueAero as Senior Vice President of the Materials Group. In this new position Fernandez will be …
Airstream has arranged the sale of four Dash 8-Q400 aircraft to Sky Alps

Airstream arranges sale of Dash 8-Q400 aircraft to Sky Alps

Aircraft remarketing specialist Airstream International Group has arranged the sale of four ex-Air Berlin Dash 8-Q400 aircraft to Sky Alps SRL in Italy. The aircraft were sold on behalf of Declan Taite of Kroll, Liquidator of NAC Aviation 9 Limited (in liquidation).The aircraft, serial numbers 4234, 4239, 4245 and 4250 add to Sky Alps growing fleet of Q400 aircraft. Sky …

Flying Colours MRO to join Flexjet family of companies

Falko outlines Q2 2023 portfolio activity

Brussels Airlines improves 2022 quarter-result by 87%

WLFC reports second-quarter pre-tax income of US$19.0 million

BAA Training opens new pilot training centre in France

Strong July for Norwegian

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