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DAILY AVIATION NEWS ALERT

March 26th, 2024
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Abelo has acquired four ATR 72-600s through SKY Leasing, currently on lease to IndiGo © ATR

Abelo welcomes IndiGo as a new partner

Regional aircraft lessor Abelo has acquired four ATR 72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India’s low-cost carrier, IndiGo. Stephen Gorman, CEO of Abelo, stated "We are thrilled to welcome IndiGo as a new partner, marking a significant milestone …
David McBride

David McBride becomes Chief Technology Officer for Supernal

David McBride has been appointed Chief Technology Officer (CTO) for Supernal LLC – Hyundai Motor Group’s Advanced Air Mobility (AAM) company. McBride will lead Supernal’s technology strategy and vehicle development, reporting to CEO, Jaiwon Shin. “Following the debut of our product concept earlier this year, Superal has entered a new phase of our advanced air mobility business – where we …
© Shutterstock

AAR posts third quarter sales of US$567 million, up 9%

AAR CORP. has reported third quarter fiscal year 2024 consolidated sales of US$567.3 million and income from continuing operations of US$14.0 million. For the third quarter of the prior year, the company reported sales of US$521.1 million and income from continuing operations of US$21.8 million. Adjusted diluted earnings per share from continuing operations in the third quarter of fiscal year …
New bins will be available on 50 aircraft by the end of this year and can accommodate up to 29 more bags per flight, helping make room for everyone's carry-on © United Airlines

United introduces larger overhead bins for Skywest E175 fleet

United Airlines (United) has released that it is installing new, larger overhead bins on its SkyWest operated Embraer E175 fleet that will provide more room for passengers' roll aboard carry-on bags. These new bins will be available on 50 aircraft with a 76-seat configuration by the end of this year. United may expand the E175 larger overhead bins offering to …
C&L Aerospace has opened a new warehouse in Leipzig, Germany © Shutterstock

C&L Aerospace opens new warehouse in Leipzig, Germany

C&L Aerospace, a C&L Aviation Group company, has opened a 20,000-ft² parts warehouse in Leipzig, Germany. This location was carefully researched and chosen in order to provide the most convenient shipping hub for Europe and beyond. The company warehouse will store aircraft parts inventories for ATR 42/72, ERJ 145, E170/190, Saab 340, and more.  “Positioning a new warehouse in the …
Pentagon 2000 Software

Pentagon 2000 Software completes SOC1 Audit and Certification process

Pentagon 2000 Software, Inc. has successfully completed the SOC1 Audit and Certification process. This audit, conducted by third-party auditor Ernst & Young according to AICPA standards, is crucial for ensuring trust in financial reporting. The audit's success underscores the effectiveness of the company's controls and its ability to safeguard client data. By obtaining the SOC1 report from an independent auditor, …

David McBride becomes Chief Technology Officer for Supernal

Dave Calhoun to step down as Boeing CEO by end of 2024

Airbus Defence and Space to acquire INFODAS

TrueNoord secures new Term Loan with Deutsche Bank

Rex' Boeing 737NG full-flight simulator shifts base to Sydney

Boom Supersonic celebrates successful flight of XB-1

Air Canada finalises US$2.15 billion senior secured credit facilities

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