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DAILY AVIATION NEWS ALERT

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October 30th, 2023
SAF_Ireland

Ireland has potential to develop SAF industry generating revenue of €2.55 billion by 2050

Ireland has the potential to develop a sustainable aviation fuel (SAF) industry generating revenue of €2.55 billion by 2050 and providing up to 1,000 high-skilled jobs. These are the findings of a feasibility study into the production of SAF in Ireland produced by SkyNRG and SFS Ireland, in a partnership supported by Avolon, Boeing and ORIX Aviation. The study - Ireland’s Sustainable Aviation …
Under the new MoU HAL will produce LEAP engine parts for Safran Aircraft Engines in its facilities in Bangalore

HAL and Safran partner for commercial engine parts manufacturing in India

India’s leading aviation company Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have signed a Memorandum of Understanding (MoU) announcing their intent to develop industrial cooperation in forging parts’ manufacturing for commercial engines. Under this partnership HAL will manufacture LEAP engine components at its Bangalore facilities, in line with the 'Make in India' policy of the Indian government and to …
The FAA has approved TAM's LPV-modification for the Saab 2000 aircraft

FAA approves TAM’s easy-to-install LPV-modification for Saab 2000

TAM, Täby Air Maintenance, has developed a smart and easy-to-install LPV-modification kit for the Saab 2000 (LPV – localizer performance with vertical guidance). The LPV or RNP-approach equipped aircraft will be mandatory in Europe in early 2024. TAM’s LPV-modification was certified by EASA on August 10, 2023, and now also by FAA on October 25, 2023. The modification package, developed …
Aviator has extended its partnership with Ryanair

Aviator Airport Alliance extends strategic partnership with Ryanair

Aviator Airport Alliance (Aviator), a full-range provider of aviation services at 15 airports across the Nordics and Irish low-cost carrier Ryanair have announced the expansion of their strategic collaboration across multiple important bases. The expanded arrangement is effective until October 2027 and applies to all Aviator-operated stations, including Arlanda (ARN), Malmö (MMX), Copenhagen (CPH), and Helsinki (HEL). This extension reinforces …
Spirit Airlines

Spirit Airlines posts disappointing third-quarter results

Spirit Airlines (Spirit) has released its third quarter 2023 financial results. The company reported a net loss of US$157.6 million, excluding special items, adjusted net loss for the third quarter 2023 was US$149.8 million. For the third quarter 2023, Spirit reported a pre-tax loss of US$203.6 million and a pre-tax margin of negative 16.2%. Adjusted pre-tax loss for the third …
Norway will acquire six MH-60R SEAHAWK helicopters Photo: U.S. Navy MH-60R with door gunner

Government of Norway orders six MH-60R SEAHAWK helicopters 

The U.S. Navy has awarded Lockheed Martin a contract to produce six multi-mission MH-60R Seahawk® helicopters for the Norwegian government. Designed and built by Sikorsky, a Lockheed Martin company, MH-60R aircraft will enable Norway to perform multiple maritime missions, including search and rescue and coastal and offshore patrol. Norway’s order marks the second MH-60R contract award in less than a …
IAG reports record third-quarter results

IAG reports record third-quarter results

International Airlines Group (IAG) has reported record profit and high margins in the third quarter of 2023, driven by very strong leisure demand across all its airlines. The Group reported strong growth of operating profit before exceptional items in the quarter of €1,745 million (Q3 2022: €1,216 million) and an operating margin of 20.2%(Q3 2022: 16.6%). Aer Lingus total revenue …

Southwest Airlines deepens commitment to fuel-efficient 737 MAX with order for 108 Boeing 737-7s

Air France-KLM and Apollo sign €1.3 billion financing agreement

SkyWest orders 19 Embraer E175 aircraft

Pete Schneider joins King Aerospace

Archer's Midnight aircraft takes flight

Embraer deliveries increase 30% in 3Q23

Boeing posts third-quarter net loss of US$1.6 billion

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