Aerotec Europe GmbH (Aerotec) has announced the acquisition of Global Aerotech d.o.o, a Croatia-based provider of aircraft MRO services. The company specialises in base maintenance, line maintenance and component repair. Financial terms of the transaction have not been disclosed. Aerotec, together with its subsidiary Airplane Equipment & Services A.E.S. GmbH, has been pursuing a targeted
AerCap has signed lease agreements with Ethiopian Airlines for two Boeing 777-300ERSF converted freighters, marking the introduction of the aircraft type—often referred to as “The Big Twin”—to the African market. The aircraft are scheduled for delivery in the second quarter of 2028 and will be the first of its kind to operate on the continent.
Finnair has signed an agreement for up to 46 E195-E2 aircraft, including 18 firm orders, 16 options and 12 purchase rights. The E195-E2 will replace the airline’s older aircraft, underpinning its strategy for profitable growth. Chosen for its superior efficiency, reliability and passenger appeal, the E195-E2 is the quietest single-aisle jet currently available and up
De Havilland Aircraft of Canada Limited (De Havilland Canada) is marking a defining moment in aviation history with the delivery of its 1,000th DHC-6 Twin Otter. This milestone aircraft, together with the 999th Twin Otter, will join the fleet of SATENA, Colombia’s state-owned regional airline, representing both a global production achievement and a significant step
Estonian-founded SkySelect, an AI-powered procurement platform for aviation parts, has raised US$9 million in new funding. Airlines currently face significant operational and financial challenges linked to parts sourcing. Globally, carriers hold around US$50 billion in excess inventory, much of it tied up in legacy procurement systems that lack real-time visibility. When aircraft are grounded due
SMBC Aero Engine Lease B.V. has announced the appointment of Stephen O’Dwyer as Chief Commercial Officer at SAEL, effective March 2026. O’Dwyer brings extensive experience in the aircraft and engine leasing sector, with a strong track record in commercial strategy and in building relationships with airlines and OEMs. Most recently, he served as Senior Vice
SMFL Helicopters (SMFLH), a new global helicopter lessor, has launched following the merger of two established industry players, positioning itself to reshape the rotorcraft leasing market through greater scale and innovation. The company has been formed after Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), through SMFL LCI Helicopters Limited, acquired LCI and Macquarie Rotorcraft
Dubai Aerospace Enterprise (DAE) has entered into a definitive agreement to acquire 100% of Macquarie AirFinance (MAF) for an approximate enterprise value of US$7 billion. The combined group will have a pro forma fleet of 1,029 owned, managed and committed aircraft and will serve 191 airline customers across 79 countries. Narrow-body aircraft will account for
Embraer has revealed the next‑generation Praetor 600E and Praetor 500E, marking the first evolution of the Praetor family. The new aircraft feature fully redesigned cabins that elevate the private flying experience, optimising the longer-range missions they are capable of. With these improvements, the new Praetors usher in a new era of private aviation, where aircraft
Airborne Tactical Advantage Company (ATAC), a subsidiary of Textron Systems under Textron, has announced the award of its first task order under the Combat Air Forces Contracted Air Services indefinite delivery, indefinite quantity (IDIQ) framework. The award, valued at up to US$7.82 million over a maximum period of 27 months, will see ATAC deliver chase
