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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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AAR begins construction of new maintenance facility in Miami
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On Wednesday, March 27, AAR CORP. commenced the construction of its new maintenance, repair, and overhaul (MRO) facility in Miami, marking a significant milestone for the company. Over 400 attendees congregated to commemorate the occasion, with John M. Holmes, AAR’s Chairman, President and CEO, expressing gratitude for the collaborative efforts enabling the expansion. James Crane, Vice President of Tech Ops …
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Honeywell announces intention to acquire Civitanavi Systems
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Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi Systems S.p.A., for a purchase price of €6.30 per share in cash (an equity value of approximately €200 million at closing). The acquisition will further strengthen Honeywell’s capabilities to help its customers create autonomous operations in aircraft and other vehicles. It also supports Honeywell’s alignment of its portfolio …
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Lilium appoints Johan Malmqvist as new CFO
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Lilium has appointed Johan Malmqvist as Chief Financial Officer (CFO) effective April 1, 2024, bringing more than 25 years of experience as a CFO of global public and private companies across a variety of sectors and geographies. Most recently, he served as CFO at a premium electric vehicle manufacturer, Polestar Automotive Holding UK (Polestar), where he led the company’s financial …
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SIAEC to exit PW1500G engine risk-revenue sharing programme
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SIA Engineering Company (SIAEC) has entered into an agreement with Pratt and Whitney (P&W) to exit from the PW1500G engine risk-revenue sharing programme (RRSP) that was held through its wholly-owned subsidiary, NexGen Network (2) Holding (NGN2). This programme was previously known as the CSeries aircraft engine programme. NGN2 invested in the RRSP in 2010 and had a one-percent share of …
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STS Aviation Services opens new line maintenance stations in the UK
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STS Aviation Group has announced the expansion of STS Aviation Services UK, with the opening of two new line maintenance stations at East Midlands (EMA) and Norwich (NWI) airports in the United Kingdom, effective April 1, 2024. This strategic expansion is set to enhance service capabilities in the region, with Air Explore as the primary customer at the outset. Ian Bartholomew, Executive Vice …
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Lufthansa and Ver.di resolve pay dispute after successful mediation
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Following successful mediation, Lufthansa and the trade union Ver.di have reached an agreement on the main features of a collective labour agreement for approximately 25,000 Lufthansa employees, announced in Frankfurt. Details of the agreement to be disclosed this Thursday, March 28, 2024. Ver.di chief negotiator Marvin Reschinsky expressed satisfaction with the arbitration outcome, while Lufthansa's Chief Human Resources Officer Michael …
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Crestone Air Partners acquires eleven Boeing 757-300 aircraft
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Joby Aviation chooses IFS Cloud for aviation maintenance platform
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SAS AB initiates company reorganisation process in Sweden
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Brussels Airlines reaches agreement with cockpit unions on reward package
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Emirates adds SAF on flights from Amsterdam Schiphol Airport
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ASQS and LHIND unveil revolutionary Ai Co-Validator
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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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