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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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Scandinavian Airline SAS secures US$1.21 billion investment from consortium
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SAS has successfully secured a substantial investment agreement, totalling 13.2 billion Swedish crowns (US$1.21 billion), through a consortium that includes Air France-KLM, Lind Invest ApS, and the Danish state. This agreement marks a significant milestone in SAS's restructuring efforts, with Castlelake providing a loan to replace the previous debtor-in-possession financing from Apollo Global Management. Notably, the winning consortium increased its …
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GKN Aerospace and GE strengthen existing partnership with wide-ranging new agreement
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GKN Aerospace and GE have deepened their long-term partnership on a series of industry-leading engines including the GEnx programme, the fastest-selling high-thrust engine. The new agreement focuses on three key areas: new technology insertion, fan case production and assembly and repair of high volume, complex engines structures. The ground-breaking technology insertion programmes on the GEnx will focus on alternative material …
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Southwest to purchase up to 680 million gallons of SAF from USA BioEnergy
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Southwest Airlines (Southwest) has announced an off-take agreement with USA BioEnergy, LLC (USA BioEnergy), for up to 680 million gallons of neat sustainable aviation fuel (SAF). Over the term of the 20-year agreement, once blended with conventional jet fuel, the SAF could produce the equivalent of 2.59 billion gallons of net-zero fuel and avoid 30 million metric tonnes of CO2. Southwest …
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RECARO celebrates ten-years in Qingdao, completes facility expansion
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RECARO Aircraft Seating (RECARO) celebrated a decade of success at its facility in Qingdao, China. The milestone was marked with an event on October 26, 2023, with distinguished guests including customers, VIPs, suppliers and the RECARO leadership team in attendance. "Reaching the ten-year milestone is an exciting accomplishment, not just for the Asia Pacific region but for overall RECARO,” said …
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Ryanair posts profit of €2.18 billion in first-half of FY 2024
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Ryanair has reported that in the first half of FY2024 scheduled revenues increased 37% to €6.1 billion, traffic grew 11% to 105.4 million, while average fares rose 24% to €58 due to a strong Easter and record summer 2023 demand. Ancillary revenue increased 14% to €2.5 billion (€23.70 per passenger). In the total first-half of FY24 revenue therefore rose 30% to €8.6 …
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flydocs signs five-year partnership renewal with Cebu Pacific Air
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Digital records and asset management solution provider flydocs, has announced a five-year extended software deal with Cebu Pacific Air (CEB), the Philippines’ leading carrier, to digitise and automate processes of daily records and asset management of its fleet of over 80 aircraft. The renewed partnership will benefit Cebu Pacific Air with a seamless interface through flydocs’ enhanced integration with the …
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Bombardier posts solid financial results for third quarter 2023
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Delta Air Lines implements corporate job cuts to mitigate rising expenses
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Chad Archer promoted to SVP and Chief Financial Officer for Textron Aviation
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Stratos continues successful placement of various aircraft for third parties
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October tonnages track close to last year’s levels
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Copenhagen Airport becomes newest member of Heart Aerospace’s Industry Advisory Board
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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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