ATR announced the signature of a firm order for 10 ATR 72-600s with Avation PLC. Deliveries are scheduled between 2025 and 2028, showcasing Avation’s long-term vision and confidence in the relevance of ATR’s products to serve the regional aviation market. The agreement is further complemented by 24 purchase rights, extending until 2034. This order represents another significant development in the
Textron Aviation has announced the grand opening of its largest parts distribution facility at its headquarters in Wichita, Kansas. With the incorporation of an additional 180,000 square feet of space, this cutting-edge facility is now more adept at catering to the company’s global customer base, offering enhanced parts storage capabilities and expedited shipping services. With
Specialist regional aircraft lessor TrueNoord has finalised a sales agreement for an additional eight aircraft with Nordic Aviation Capital (NAC). This portfolio of aircraft, comprising one Dash 8-400 and seven E190s, will expand TrueNoord’s fleet of new and young in-production turboprop and regional jets to 94 aircraft. The transaction encompasses four aircraft operating in the
Aviation Capital Group (ACG), a premier global full-service aircraft asset manager, has delivered one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (SAS). Featuring CFM International LEAP-1A engines, this is the eleventh aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-and-leaseback transaction between ACG and SAS. ACG specialises in
At this year’s MRO Americas in Chicago, AviTrader had the opportunity to talk to Caroline Vandedrinck, SVP Business Dev. at SR Technics, about Engines and a Diverse Workforce : SR Technics recently inducted its 5,500th engine into the engine shop in Zurich. You also started to build an additional test cell. Is Engine maintenance the
AEGEAN has announced its strategic decision to invest in an extended-range and upgraded cabin quality version of the Airbus A321neo, creating a dedicated “special purpose” sub-fleet initially comprising four aircraft. These specially configured A321neo aircraft will be capable of reaching further destinations, primarily targeting markets to the South and South-East of Greece. Equipped with additional
Rhinestahl Corporation has announced its intention to acquire HYDRO Systems KG, marking a significant step towards consolidating strengths in the aviation support equipment and services sector. The plans for this strategic acquisition were unveiled during a presentation at Aviation Week Network’s MRO Americas in Chicago, led by Dieter Moeller, CEO and President of Rhinestahl and
North America’s commercial aircraft services market is projected to experience substantial growth, reaching US$45 billion by 2042, a 45% increase from the current US$31 billion, as per Airbus’ latest Global Services Forecast (GSF). Following the pandemic, North America emerged as one of the earliest and strongest regions to recover. The demand for domestic and international
Ascent Aviation Services, an independent aircraft aftermarket services provider, has broken ground at Pinal Air Park in Marana, Arizona, on two new wide-body aircraft hangars to establish a North American conversion site to carry out passenger-to-freighter conversions and heavy maintenance. This expansion increases the Maranaoperation hangar capacity by 180,000 ft² along with an additional 60,000
Korean Air has solidified its commitment to the Airbus A350 family, marking a significant milestone as a new customer with the signing of a firm order for 33 aircraft. The order comprises 27 A350-1000s and six A350-900s. With its remarkable fuel efficiency and reduced carbon emissions, the A350 will revolutionise Korean Air’s intercontinental routes, offering
