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DAILY AVIATION NEWS ALERT

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November 27th, 2023
Swissport and Asyad Holding (ASYAD) join forces

ASYAD acquires 49% stake in Swissport Saudi Arabia

Asyad Holding (ASYAD) and Swissport International AG have signed binding transaction agreements to unlock the enormous growth potential of Saudi Arabia’s aviation ground services sector over the coming years. As part of the transaction Swissport International is selling a 49% stake in Swissport Saudi Arabia to ASYAD, a diversified, family-owned Saudi holding group with significant business activities in and outside …

Türkiye's low-cost carrier AJet to commence flights in 2024

Established in 2008 to address the air transportation needs of Anatolia with advantageous options, AnadoluJet, a successful brand of Turkish Airlines, will operate as "AJet Air Transportation Inc." as a wholly owned subsidiary of Turkish Airlines starting from the end of March 2024. The official announcement of this transformation took place at an event held at the Istanbul Sabiha Gökçen …
Pieter van Oord

Pieter van Oord becomes new CEO for Royal Schiphol Group

Effective from June 1, 2024, Pieter van Oord is set to assume the role of CEO at Royal Schiphol Group, with the intention of the Supervisory Board (SB) to appoint him until June 1, 2028. Van Oord has been chosen because of his extensive managerial experience in a complex, operational sector. His experience in the field of assets and vision …
MTU Maintenance Zhuhai

MTU signs five-year LEAP-1A MRO contract with SriLankan Airlines

MTU Maintenance has signed a five-year LEAP-1A maintenance, repair and overhaul (MRO) contract with SriLankan Airlines, building on the two companies’ existing relationship that has also covered V2500 engines and leasing support. The national carrier of Sri Lanka currently operates a fleet of 22 Airbus A330s and A320/A321 aircraft and carries out flights across South Asia, Europe, the Far East …

SITA to transform network infrastructure for Qatar Airways

SITA and Qatar Airways have partnered to transform the airline's global network infrastructure with state-of-the-art secure access service edge (SASE) solutions that boost connectivity, operational efficiency and security. As part of the transformation SITA will deploy its Secure SD-WAN (software-defined wide area network), SITA Connect Go, which offers agile, scalable and secure access to airline systems and applications, by connecting infrastructure …
Finnair

Finnair repays €400 million capital loan to the State of Finland

In March 2021, Finnair and the State of Finland inked an agreement for a hybrid loan, totalling a maximum of €400 million, to provide vital support amidst the challenges posed by the COVID-19 pandemic. Fast forward to April 2022, the hybrid loan underwent a transformation into a capital loan, classified as an equity instrument and duly approved by the EU …

Exclusive AviTrader interview with

SETNA iO CEO David Chaimovitz

Virgin Australia increases pipeline of 737 MAX-8 aircraft orders

Dublin Airport approaches passenger cap, turning away airlines

AerSale's co-founder and Vice Chairman Robert Nichols to retire

ALC delivers first of 25 Boeing 737-8 aircraft to Malaysia Airlines Berhad

Turkish Technic joins Woodward's network as licensed asset management provider

Embraer delivers fifth upgraded E-99M aircraft to the Brazilian Air Force

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