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DAILY AVIATION NEWS ALERT

March 15th, 2024
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Rolls-Royce to invest £55 million in the UK and Germany to meet demand for civil large engines

Rolls-Royce has announced significant investments in its assembly, test and shop visit capacity in the UK and Germany to address the increasing long-term demand for new civil large engines and enhance customer aftermarket support services for its global Trent engine fleet. According to projections outlined at last year’s Capital Markets Day, Rolls-Royce anticipates an annual increase of 7 - 9% …
WLFC has posted annual total revenues of US$418.6 million and pre-tax income of US$67.1 million © Shutterstock

WLFC posts record financial results for 2023

Willis Lease Finance Corporation (WLFC) has posted annual total revenues of US$418.6 million and pre-tax income of US$67.1 million. Lease rent revenue increased by US$50.6 million, or 31.1%, to US$213.1 million in 2023, compared to US$162.6 million in 2022, primarily reflecting an increase in the number of engines acquired and placed on lease, including growth in utilisation compared to that …
The partnership between Lilium and Atlantic Aviation aims to establish a planned network to support operators of the Lilium Jet  © Lilium

Lilium and Atlantic Aviation sign MoU to electrify existing airport infrastructure 

Lilium  and Atlantic Aviation, a fixed-based operation (FBO) and aviation services provider, have signed an MoU to prepare Atlantic’s network of more than 100 FBOs for the Lilium Jet’s upcoming regional air mobility service launch in the United States.   This strategic partnership will work to ensure seamless compatibility between the Lilium Jet and Atlantic's network of aviation assets across North America, …
The Embraer E195-E2 and E190-ES aircraft have received ETOPS-120 approval © Embraer

Embraer achieves ETOPS-120 approval for E190-E2 and E195-E2 jets

Embraer has secured 120-minute extended twin-engine operations (ETOPS-120) approval for the E190-E2 and E195-E2 jets from Brazil’s Civil Aviation Authority ANAC (Agência Nacional de Aviação Civil), FAA (Federal Aviation Administration) and EASA (European Union Aviation Safety Agency). This milestone paves the way for E2 operators to conduct direct non-limiting routes over water and other remote areas, resulting in significant time …
The Global 7500 business jet with the new livery © GA-ATS

GA-ATS completes new paint job for Global 7500 business jet

German aircraft manufacturer General Atomics AeroTec Systems (GA-ATS) has carried out a completely new paint job for a Global 7500 Business Jet at the VIP Paint+ Shop on its factory premises in Oberpfaffenhofen. The aircraft, which was newly built by Bombardier, received a completely new livery at the EDMO Munich-Oberpfaffenhofen airport. It was delivered with a bare aluminium surface and …
BOC Aviation

BOC Aviation reports final results for year ended December 31, 2023

In the fiscal year ending on December 31, 2023, BOC Aviation's (BOC) financial performance demonstrated significant growth and resilience. Total revenues and other income experienced a notable 7% increase year-on-year, reaching US$2.5 billion. A remarkable net profit after tax of US$764 million was achieved, a substantial rise from US$20 million in 2022. Core net profit after tax stood at US$547 …

Airbus establishes OpenCargoLab in collaboration with airfreight industry leaders

Textron receives order for two Cessna Grand Caravan EX turboprop aircraft

Embraer Defense & Security and ST Engineering to boost cooperation

CAMP Systems International to acquire portfolio of aviation software businesses

Archer and Falcon Aviation to jointly develop vertiport network

Corsair takes delivery of first Airbus A330neo from AerCap

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