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DAILY AVIATION NEWS ALERT
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Wheels Up faces closure as post-pandemic demand drops
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Wheels Up Experience (Wheels Up), the private aircraft charter enterprise faces closure as demand for personal air transport continues to fall post the COVID-19 pandemic. According to REUTERS, the warning comes despite Delta Air Lines providing the business with substantial short-term funding. Wheels Up charters private aircraft to clients by the hour and according to data from Argus International, demand …
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ST Engineering sells 11 narrow-body aircraft to Keystone
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ST Engineering has announced the sale of 11 new-generation and current-generation narrow-body aircraft by its Aviation Asset Management business to Keystone Holdings (Global) Pte. Ltd. (Keystone). Keystone is a 50-50 joint venture between ST Engineering’s Commercial Aerospace and Sojitz Corporation. This sale is consistent with the group’s strategy of working with partners to grow its Aviation Asset Management business, thereby enabling …
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TUI Group reports significant increase in earnings
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The TUI Group is experiencing very high demand for holiday travel. For the first time since the beginning of the pandemic, the Group closed the third financial quarter profitably. All segments showed a positive operating performance and contributed to the improvement in earnings. The growth sector Hotels & Resorts reported underlying earnings above pre-crisis levels for the fifth consecutive quarter. …
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GEnx engine family surpasses 50 million flight-hours
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The GEnx engine family has surpassed the 50 million flight-hour mark in less than 12 years, the fastest rate ever for a commercial wide-body engine. The GEnx-1B, which powers the Boeing 787 Dreamliner family, has accumulated nearly 32 million hours since entering service in 2012. The GEnx-2B has accumulated 18 million hours since entering service in 2011 on the Boeing …
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Eve collaborates with DHL to craft innovative supply chain model for eVTOL support
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Eve Air Mobility (Eve) and DHL Supply Chain, a global leader in the realm of warehousing and distribution, have jointly unveiled a Memorandum of Understanding (MoU) that signals their intent to develop a supply chain tailored to support Eve's electric vertical take-off and landing aircraft (eVTOL) operation. This partnership seeks to comprehensively explore the unique demands and characteristics inherent to …
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AMETEK MRO Muirhead Avionics welcomes David Bentley as Divisional Vice President
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AMETEK MRO Muirhead Avionics has welcomed David Bentley as the Divisional Vice President. Bringing a wealth of expertise from his prior leadership roles at Dowty/Smiths/GE and NORDAM spanning over twenty years, Bentley has been entrusted with the role of Vice President and Business Unit Manager for the UK market. This appointment follows his successful tenure overseeing AMETEK MRO's ventures in …
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Passenger growth provides boost to Fraport financial performance
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Spirit AeroSystems and Oak Ridge National Laboratory partner to shape future of aerospace
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AEI B737-800SF freighter conversion ordered by Serve Air
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Cessna SkyCourier attains ANAC certification
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C&L Aviation Group expands ATR 42 aircraft parts programme
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Jeff Foland set to lead Atlantic Aviation as new CEO
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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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