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DAILY AVIATION NEWS ALERT

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October 4th, 2023
United Airlines Airbus A321neo

United Airlines boosts fleet with 110 aircraft orders from Boeing and Airbus

On Tuesday, October 3, United Airlines unveiled an ambitious plan, announcing its commitment to purchase a total of 110 new aircraft from both Boeing and Airbus. In addition to these acquisitions, the airline has also secured options to acquire an additional 90 planes, signifying a strong vote of confidence in the aviation industry's future. United Airlines, in a statement, revealed …
SAS has selected the winning bidders for its Chapter 11 financial exit

SAS selects Castlelake, Air France-KLM and Lind Invest as winning bidders in Chapter 11 exit financing

SAS has achieved a significant milestone in its ongoing Chapter 11 process within the United States. In this pivotal step, SAS has chosen a consortium led by Castlelake, representing certain funds or affiliates, Air France-KLM, Lind Invest and the Danish state (collectively referred to as the investors) as the winning bidder in its exit financing solicitation process. The agreed-upon transaction …
IATA has released data for August 2023 global air cargo markets

Air Cargo demand up 1.5% in August

The International Air Transport Association (IATA) has released data for August 2023 global air cargo markets, showing that year-on-year air cargo demand grew for the first time in 19 months. Global demand, measured in cargo tonne-kilometres (CTKs), increased by 1.5% compared to August 2022 levels (2% for international operations). Capacity, measured in available cargo tonne-kilometres (ACTKs), was up 12.2% compared …
China Airlines A321neo aircraft

China Airlines inducts first Pratt & Whitney GTF engine

Pratt & Whitney has releases that China Airlines has inducted its first Pratt & Whitney GTF engine. China Airlines joined the GTF MRO network in 2020, with its Engineering and Maintenance organisation providing disassembly, assembly and test capability for the PW1100G-JM engine, the GTF model that powers Airbus A320neo-family aircraft. In 2019, China Airlines selected the GTF engine to power 25 Airbus A321neo …
Ground-breaking ceremony at Rochefort Airport in the Charente-Maritime department of France’s Nouvelle-Aquitaine region

VoltAero breaks-ground on final-assembly line at Rochefort Airport, France

VoltAero marked another important step toward the full-scale production of its Cassio electric-hybrid aircraft family with the ground-breaking of a final-assembly line at Rochefort Airport in the Charente-Maritime department of France’s Nouvelle-Aquitaine region. This 2,400 m² facility will serve as the build-up site and delivery centre for VoltAero’s all-new product line of Cassio general aviation/regional aircraft. It positions VoltAero at a …
ENVISION Tasks is designed for the paperless execution of aircraft maintenance

Veryon announces acquisition of Rusada

Veryon, a leading provider of information services and software solutions for the aviation industry, has announced its acquisition of Rusada, a prominent player in the aviation maintenance management software industry since 1987. This strategic move solidifies Veryon's commitment to innovation while strengthening its position as a trusted aviation management software market leader. Headquartered in Geneva, Switzerland, Rusada has a presence …

SMBC Aviation Capital receives US$710 million insurance settlement

IAI redelivers converted Boeing 767-300ER to Challenge Airlines

Nicolai Hertz takes on role as CCO of TP Aerospace

AerFin bolsters A320 inventory

LATAM expands Airbus aircraft order with 13 additional A321neos

SkySelect partners with Ambry Hill Technologies

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

Spirit AeroSystems appoints Patrick M. Shanahan interim President and CEO

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