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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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Rolls-Royce to cut thousands of jobs in ambitious overhaul
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Rolls-Royce, under the leadership of its new CEO, Tufan Erginbilgiç, is embarking on a significant transformation, poised to eliminate up to 2,500 positions company-wide. The eagerly anticipated unveiling of the firm's long-term strategy is imminent. As reported by The Guardian, the renowned jet engine manufacturer is set to disclose a workforce reduction ranging from 2,000 to 2,500 jobs, with the …
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StandardAero's Springfield MRO facility to invest US$10 million in upgrades
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StandardAero has announced a commitment to invest US$10-12 million in leasehold improvements at the company’s Springfield, Illinois business aviation MRO facility. The investments, in partnership with Abraham Lincoln Capital Airport, will be completed in three phases over a two-and-a-half-year period. The investments and upgrades will be applied to major building improvements and modernisation including hangar door overhaul, interior door replacement, …
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Embraer Executive Jets and LHT intensify cooperation
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Embraer Executive Jets and Lufthansa Technik (LHT) have expanded their existing cooperation in the field of cabin management systems. In the future, the MRO company's renowned Original Equipment Innovation and Special Aircraft Services branch will supply the central passenger service system (PSS) for Embraer's new Phenom 100EX model. The recently modernised interior of the latter was presented to the public …
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IBC wins US$7.38 million in new orders from Lockheed Martin
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IBC Advanced Alloys, a leading beryllium and copper advanced alloys company, has won a new purchase order for its beryllium-aluminium alloy products from Lockheed Martin, the maker of the F-35 Lightning II aircraft and many other defence systems. The value of the new order is approximately US$7.38 million and the company expects to fulfil the order in 2023 and 2024. “This is …
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Mick Adams to retire as CEO, STS Aviation Services Europe
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STS Aviation Group (STS) has released that Mick Adams is to retire as CEO, STS Aviation Services Europe, effective January 1, 2024. Adams will be replaced by Ian Bartholomew who will become EVP & Managing Director, STS Aviation Services EU.Adams joined STS in 2019 at the inception of its strategy to grow exponentially in Europe. Since then, Adams has overseen …
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IBA reveals fall in commercial aircraft deliveries
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IBA’s latest Aviation Industry Barometer revealed that there were 87 commercial aircraft deliveries in September 2023, representing a month-on-month and year-on-year variance of -5% and -27% respectively. IBA Insight shows that in September monthly global passenger capacity edges closer to a full recovery, reaching 99% of pre-pandemic ASKs in September 2023, a gain of 1% compared to August 2023. In …
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Embraer-CAE Training Services adds two Phenom 300 FFS'
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Embraer and CAE's joint venture, Embraer-CAE Training Services (ECTS), will add training capacity with the deployment of two new Phenom 300 full-flight simulators (FFS') to meet the growing demand for pilot training in Europe and the United States. The first new FFS is scheduled to enter service in Q1 2024 at CAE London Burgess Hill (UK) and the second in …
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Honeywell's 32nd Annual Outlook predicts strong demand for new Business Jets
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Kellstrom Aerospace and Valcor Engineering strengthen alliance
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AMETEK MRO consolidates Avtech with Muirhead Avionics
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Gulfstream G500 gains FAA steep-approach certification
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Embraer expands agreement with Toyota do Brasil
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Neil Russell appointed CEO for Aero Norway
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Vallair sells CFM56-5B3/P engine to Setna iO
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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.
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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 (Americas)
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Malte Tamm
Vice President Sales & Marketing (International)
Email: [email protected]
Phone: +49 (0)162 8263049
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AviTrader Publications Corp.
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Richmond, British Columbia
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