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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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Dave Calhoun to step down as Boeing CEO by end of 2024
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Boeing President and CEO, Dave Calhoun, has declared his intention to step down from his CEO position at the end of 2024. However, Calhoun will continue to guide Boeing through the remainder of the year to ensure the completion of crucial ongoing initiatives aimed at stabilising and positioning the company for future success. Furthermore, Boeing announced that Stan Deal, President …
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Airbus Defence and Space to acquire INFODAS
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Airbus Defence and Space has announced plans to acquire INFODAS, a leading Cologne-based German firm specialising in cybersecurity and IT solutions for the public sector, including defence and critical infrastructures. The agreement, subject to regulatory approvals, is anticipated to be finalised by the close of 2024. This strategic move aligns with Airbus' commitment to fortify its cybersecurity offerings, catering to …
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TrueNoord secures new Term Loan with Deutsche Bank
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Specialist regional aircraft lessor, TrueNoord, has finalised a new Term Loan agreement with Deutsche Bank. The financing arrangement is aimed at bolstering TrueNoord's ongoing business expansion initiatives and fleet enlargement, while also marking the addition of Deutsche Bank as a valued banking partner. Legal counsel Clifford Chance represented TrueNoord, while Milbank acted on behalf of Deutsche Bank in this transaction. …
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Rex's Boeing 737NG full-flight simulator shifts base to Sydney
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Rex has announced the certification of its Boeing 737NG full-flight simulator (FFS) by the Civil Aviation Safety Authority (CASA), marking its readiness for operational use. The Level D FFS is adaptable for both 737-700 and 737-800 variants and holds approval for upset prevention and recovery training (UPRT). Originally located at Ansett Aviation Training (AAT) facilities in Brisbane, the Rex full-flight …
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Boom Supersonic celebrates successful flight of XB-1
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Boom Supersonic has announced the first flight of XB-1, the world's inaugural independently crafted supersonic jet. The event unfolded at the Mojave Air & Space Port in Mojave, California, marking a significant leap forward in aviation technology. Like Overture, XB-1 capitalises on cutting-edge advancements such as carbon fibre composites, state-of-the-art avionics, digitally-optimised aerodynamics and an advanced supersonic propulsion system. Blake …
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Air Canada finalises US$2.15 billion senior secured credit facilities
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Air Canada has announced the completion of its US$2.15 billion senior secured credit facilities. These facilities comprise a US$1.175 billion term loan B maturing in 2031 (the Term Loan) and a US$975 million revolving credit facility maturing in 2029 (the Revolving Facility). This collective arrangement forms the "Senior Credit Facilities". Proceeds from the Term Loan, alongside US$1.09 billion from Air …
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SAS' Chapter 11 Plan approved by court
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JAL to accelerate international network growth with order of 42 new aircraft
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IAG Cargo will grow its IT and digital team with more than 60 positions
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Pratt & Whitney collaborates with the FAA to study non-CO2 emissions
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Southwest Airlines, TWU 555 sign collective bargaining agreement for Ramp, Operations and Cargo Agents
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GKN Aerospace to develop conceptual studies for advanced power and propulsion system
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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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