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DAILY AVIATION NEWS ALERT

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October 3rd, 2023
SMBC Aviation Capital

SMBC Aviation Capital receives US$710 million insurance settlement

SMBC Aviation Capital has announced the successful settlement of insurance claims, resulting in the receipt of approximately US$710 million. This settlement pertains to its aircraft that were previously leased to Aeroflot. The funds represent the resolution of insurance claims filed by SMBC Aviation Capital under Aeroflot's insurance and reinsurance policies, covering a total of sixteen aircraft and their associated engines. …
Nicolai Hertz

Nicolai Hertz takes on role as CCO of TP Aerospace

TP Aerospace has announced that Nicolai Hertz has taken on the role of Chief Commercial Officer (CCO) of TP Aerospace as of October 2, 2023. Hertz brings almost 30 years of experience from the aviation industry from Satair, SAS Component Group and ST Aerospace. Most recently, he was with Satair for 15 years, latest in the role as Head of …
The first B767-300ER has been redelivered to Challenge Airlines

IAI redelivers converted Boeing 767-300ER to Challenge Airlines

Israel Aerospace Industries (IAI) has delivered a Boeing 767-300ER to Challenge Airlines MT after completing conversion of the aircraft from a passenger-to-cargo configuration, at IAI’s conversion site facility in Belgrade. The aircraft is the first of four converted planes of this type, which IAI will redeliver under a contract signed in 2021, which also includes the conversion of four 777-300ER …
AerFin has acquired three A320ceo aircraft to bolster its inventory

AerFin bolsters A320 inventory

AerFin has bolstered its A320 inventory with the acquisition of three Airbus A320ceo aircraft from Wings Capital Partners. All three aircraft are of manufacturer serial Number (MSN) 5000 and above, making them attractive airframes to be parted out worldwide of their type and class. Gwyn Scourfield of Wings Capital Partners states: “This transaction marks the sale of the last three …
LATAM has taken delivery of its first A321neo aircraft

LATAM expands Airbus aircraft order to add 13 additional A321neos

LATAM Airlines has taken delivery of its first A321neo leased from AerCap and placed an order for 13 additional A321neo aircraft to further expand its route network and drive its regional growth. This is the first delivery of a committed backlog of 76 A321neo aircraft. In total, LATAM has 111 A320-family aircraft to be delivered.The newly delivered A321neo for LATAM …
SkySelect has partnered with Ambry Hill Technologies, the creator of business management software solutions

SkySelect partners with Ambry Hill Technologies

SkySelect has partnered with Ambry Hill Technologies, the creator of business management software solutions that are purpose-built for the aviation aftermarket, to provide suppliers with new opportunities to be more efficient and additional capabilities to maximise demand. This new integration with Ambry Hill’s VistaQuote product enables the automation of inventory sharing to the SkySelect platform to better ensure that suppliers …
Gripen take-off

GKN Aerospace secures contract to enhance RM12 engine for JAS 39 Gripen fighter aircraft

GKN Aerospace has been awarded a contract by the Swedish Defence Materiel Administration (FMV) to enhance and upgrade the RM12 engine, which powers the renowned Swedish fighter aircraft, the JAS 39 Gripen C/D. This engine enhancement project will be carried out in collaboration with FMV and SAAB. GKN Aerospace, known for its longstanding 90-year partnership with the Swedish Air Force …
Patrick M. Shanahan

Spirit AeroSystems appoints Patrick M. Shanahan interim President and CEO

Spirit AeroSystems has released that Patrick M. Shanahan, a member of the company's Board of Directors, has been appointed interim President and Chief Executive Officer (CEO), effective immediately. Shanahan succeeds Thomas C. Gentile III as President and Chief Executive Officer. Gentile has resigned as a member of the Board, effective September 30, 2023. The company’s Board will conduct a search …

Schiphol Airport implements flight reductions and private jet restrictions from March 31, 2024

Madrid will host Ryanair's new pilot and cabin crew training centre

Royal Danish Air Force welcomes first four F-35 jets

Shell Aviation to supply SAF for Emirates' Dubai hub

NAA's Cargo Building No. 8 set to open in 2024, boosting ANA's logistics efficiency

Cathay Group signs order for 32 A320neo-family aircraft

Safran to design landing gear system for Bell's tiltrotor aircraft

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