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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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Akasa Air and CFM ink deal for over 300 LEAP-1B engines
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As part of the state visit by French President Emmanuel Macron to India, Akasa Air and CFM International have jointly revealed an agreement for the acquisition of CFM LEAP-1B engines to power 150 Boeing 737 MAX airplanes. The announcement follows the recent declaration of the sale of these aircraft. This comprehensive agreement encompasses spare engines and a services contract, further …
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Liebherr-Aerospace acquires SIBI SAS
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Liebherr-Aerospace Toulouse SAS has acquired the activities of SIBI SAS, a subsidiary of the industrial family group KEP Technologies. The acquisition of SIBI activities and its integration into the Liebherr Group are effective since December 20, 2023. A new Liebherr legal entity called “Liebherr-Aerospace Montauban SAS” has been created and all SIBI SAS employees were taken over. SIBI SAS is …
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DAE and Turkish Airlines sign long-term lease agreements
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Dubai Aerospace Enterprise (DAE) has reached an agreement with Turkish Airlines for the lease of ten new Boeing 737-8 aircraft. The aircraft are scheduled to deliver in 2025.Commenting on the agreement, Firoz Tarapore, Chief Executive Officer of DAE, said, “We are delighted to further deepen our already strong and long-term relationship with Turkish Airlines and to provide them a solution …
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Ryanair adjusts annual profit projection amidst online travel agents dispute
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In response to the removal of its flights by certain online travel agents in December, Ryanair has revised its profit forecast for the fiscal year ending March 2024. The airline disclosed on Monday that it anticipates an after-tax profit ranging between €1.85 billion and €1.95 billion (US$2 billion to US$2.1 billion), marking a downward adjustment from its initial November projection …
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JSA unveils key business transactions for fiscal-year 2023
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Against the backdrop of improved market conditions in 2023, Jackson Square Aviation (JSA) reports a year of stability and recovery for the majority of the world's airlines. JSA's strategic initiatives during this period included the expansion of its fleet, with the addition of 32 aircraft through sale and leaseback as well as finance lease products. Notably, the company deployed US$1.8 …
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Mesa Air Group reports full-year 2023 net loss of US$120.1 million
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Mesa Air Group has reported that its fiscal full-year 2023 results reflect a net loss of US$120.1 million, compared to a net loss of US$182.7 million for fiscal full-year 2022. Mesa’s fiscal full-year 2023 adjusted net loss was US$79.5 million versus adjusted net loss of US$40.2 million in fiscal full-year 2022. Total operating revenues for the full-year were US$498.1 million, …
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SMBC Aviation Capital delivers Airbus A320-271NX to JetSMART
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SMBC Aviation Capital has reported the delivery of one Airbus A320-271NX aircraft (MSN 11786) to JetSMART Airlines. The aircraft was delivered while located at the Airbus delivery centre in Mobile, Alabama. This is the fourth of five aircraft contracted between SMBC Aviation Capital Limited and JetSMART Airlines (two A320neos plus three A321neos) from the company's direct order book with Airbus. …
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GOL to use United States Chapter 11 process to strengthen financial position
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American post full-year revenue of US$53 billion
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3-D printing a US$70.8 billion industry by 2030 says GlobalData
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Azorra delivers two Embraer E195-E2s to Royal Jordanian Airlines
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Airbus and Tata Group to set up India’s first helicopter FAL
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Eviation Aircraft appoints Andre Stein as new CEO, Jeff Hurford as CFO
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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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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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