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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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Korean Air orders 33 A350-family aircraft from Airbus
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Korean Air has announced that it has ordered 33 state-of-the-art A350-family aircraft from Airbus, comprising 27 A350-1000s and six A350-900s. The order is valued at US$13.7 billion. The order will supplement the airline’s long-term fleet operations as it gradually retires its older aircraft. The procurement of the next-generation, eco-friendly A350 is not only aligned with the airlines’ sustainability efforts, but …
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Einar Örn Ólafsson appointed new CEO of PLAY airlines
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Einar Örn Ólafsson has been appointed as PLAY airlines' new Chief Executive Officer (CEO), succeeding Birgir Jónsson. Jónsson will continue to work for PLAY airlines until April 2, 2024, and will remain as an advisor for the company for the next few months to ensure a seamless transition. Ólafsson is one of PLAY airlines’ largest shareholders and has been chairman …
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Vallair sells overhauled CFM56-5B engine
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Vallair, a mature asset specialist, has finalised the sale of a CFM56-5B3/P engine (serial number 779740) to an undisclosed buyer. Recently restored to peak performance, the engine boasts full operational capability at the -5B3 thrust level, making it an ideal candidate for lease across the A320-family of aircraft. Patrick Leopold, Director of Asset Management at Vallair, highlights the engine's suitability …
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SR Technics launches ‘SR Technics Line Maintenance AG’
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MRO services provider SR Technics, has released that its new legal entity ‘SR Technics Line Maintenance AG’ received its own Part-145 approval (CH.145.0400) and will ‘Go live’ on March 31, 2024. The new legal entity will operate as an independent unit inside the SR Technics Group. With a professional team of over 200 employees, with the majority of experienced licensed …
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Skyways Technics Hungary expands services to include aircraft nose radome repairs
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After Skyways Technics Hungary achieved the triple certification EASA/FAA/CAA UK, back in October 2023, the company has reached another important milestone in its development. The workshops focused on regional and narrow-body aircraft structural repairs are now able to propose a complete set of repair schemes for all types of commercial aircraft nose radomes. From the use of hot bonder and …
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AAR, Cebu Pacific sign CFM56-5B surplus material agreement
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AAR CORP. and Cebu Pacific have inked a multi-year deal aimed at supplying surplus material for the CFM56-5B engine. Under the terms, AAR will provide support for the 30 CFM56-5B scheduled shop visits planned by Cebu Pacific throughout the contract period. Shevantha Weerasekera, Vice President for Engineering and Fleet Management at Cebu Pacific, expressed pride in the partnership with AAR, …
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GKN Aerospace joins HyFIVE Consortium to lead liquid-hydrogen fuel system development
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GKN Aerospace partners with Marshall, Parker Meggitt, University of Manchester, University of Bath, and Cardiff University in the HyFIVE consortium. HyFIVE marks a significant step forward in the development of a world-leading liquid-hydrogen fuel system and future supply chain. This collaboration underscores GKN Aerospace's dedication to driving innovation and sustainability in the aviation sector. The HyFIVE consortium, led by Marshall, …
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Willis Lease update on TAR Aerolíneas dispute
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On January 16, 2024, Willis Lease Finance Corporation (US) issued TAR Aerolíneas (Mexico) with a Notice of Continuing Event of Default, Demand for Payment and Demand to Return for TAR’s failure to pay amounts due under its lease agreement. Nearly two months later, TAR has failed to comply with the Notice, still with overdue payments, and with its CEO, Ricardo Baston, …
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British Airways overhauls airport equipment at Heathrow to reduce emissions
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Joby widens U.S. Air Force partnership with delivery of two eVTOL aircraft
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France steps in to safeguard Atos cybersecurity assets after Airbus pulls deal
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Dubai Aerospace Enterprise secures US$420 million unsecured term loan with CCB
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Diederik Pen appointed President of WestJet Airlines
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Inter Terminals Sweden partners with SAS to expand SAF facility in Port of Gävle
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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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For information, contributions, letters to the editor and queries:
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