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DAILY AVIATION NEWS ALERT

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December 5th, 2023
Travelport investors commit US$570 million in new equity financing

Travelport investors commit US$570 million in new equity financing

Travelport Worldwide Limited (Travelport), a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, has released that a group of its existing equity holders and lenders have agreed to invest US$570 million of new equity financing into the company. The new financing will give the company a robust capital structure, enable further investment into …
John McKirdy

Kellstrom Aerospace Group appoints John McKirdy as CCO

Kellstrom Aerospace Group, a leading provider of aviation life-cycle cost management solutions, has appointed John McKirdy as its Chief Commercial Officer. In his new capacity, McKirdy will leverage his extensive expertise and proven track record in delivering cost-effective aviation aftermarket services. This strategic move aims to provide Kellstrom's customers with enhanced visibility and access to the diverse array of products …
AirSwift ATR 72-600

NAC collaborates with ATR and TotalEnergies

Nordic Aviation Capital (NAC) collaborates with ATR and TotalEnergies to offer the equivalent of 6% SAF on NAC’s ATR delivery flights. The initiative provides for a blend of 30% SAF to be used for one-out-of-five deliveries of new ATR aircraft to NAC, resulting in four tonnes of CO2 saved for every batch of five aircraft. This is equivalent to a …
Vincent Metz

Vincent Metz joins SR Technics as VP Business Development Europe

Vincent Metz is joining SR Technics as VP Business Development Europe. In this role, he will leverage his experience in the aviation industry to grow SR Technics’ market share in Europe. With over two decades in aviation, Metz held key roles at Air France KLM, including VP of Strategy, Marketing and Communications. He possesses extensive experience in MRO, with positions …
Pratt & Whitney GTF engine

IBA predicts long-term turbulence in narrow-body engine market

In its latest webinar on the narrow-body engine market, IBA, a leading aviation market intelligence and consultancy company, predicted that engine market values and lease rates are likely to increase given the current and ongoing supply chain issues and the more specific GTF engine problem. It expects the industry to suffer longer term due to growing pressure on shop visits …
Turkish Airlines Chief Investment and Technology Officer Levent Konukcu and Riyadh Air CEO, Tony Douglas at the MoU signing

Turkish Airlines and Riyadh Air sign strategic MoU

Turkish Airlines (TK) and Riyadh Air (RX) have agreed a strategic cooperation memorandum of understanding (MoU) to offer a comprehensive range of benefits for guests traveling between the Kingdom, Türkiye and points beyond their Riyadh and Istanbul hubs, as well as lay the ground for deeper future collaborations. Guest of both airlines will be able to take full advantage of …

AVIAN Inventory Management acquires two Embraer ERJ-170s from Azorra

AVIAN Inventory Management (AIM), a division of AVIAN Component Solutions (ACS),a customised inventory capital solutions and financing services for the aviation industry, has successfully finalised the acquisition of two Embraer ERJ 170-100 LR aircraft from global lessor Azorra. Ian Gurekian, Founder and CEO of AVIAN Component Solutions, expressed, "Today marks a significant milestone for Avian, as we acquire commercial aircraft …

Exclusive AviTrader interview with

SETNA iO Managing Director & Partner, Tom Boulcott

Setna iO Tom Boulcott

Alaska Air Group announces US$1.9 billion acquisition of Hawaiian Airlines

easyJet collaborates with Collins Aerospace to enhance operations

China Airlines partners with GE for services on 747-400F fleet

South Korea opts for C-390 Millennium aircraft

SITA appoints Stefan Schaffner and Sergiy Nevstruyev to head Airport and Customer Experience teams

Hamburg Airport joins “Hydrogen Hub at Airport” network

Binter Technic signs up for AMOSeTL 

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