C&L Aerospace, a subsidiary of the C&L Aviation Group, has inaugurated a new warehouse in Johannesburg, South Africa, slated to be fully operational by July 2024. Positioned strategically between Johannesburg’s two main airports, O. R. Tambo International Airport and Lanseria International Airport, this facility serves as a pivotal shipping hub for customers across the African
Ultra-low fare carrier Frontier Airlines has reinstated its code-sharing agreement with the Mexico City-based airline Volaris. Commencing May 8, 2024. Frontier customers will have the opportunity to book travel between the U.S. and Mexico via the codeshare for flights departing from May 16, 2024, onwards. Volaris is the Mexican ultra-low-cost airline operating in Mexico, the
Latvian flag carrier airBaltic has reported the inauguration of the airBaltic Technical Academy – a leading-edge training venture tailored for individuals aspiring to embark on or enhance their careers in aircraft maintenance. The academy is currently open for applications for its trio of specialised programmes, in partnership with Riga Technical University, Liepaja State Technical School
Crestone Air Partners, an aviation asset management platform, has acquired two A320ceo aircraft in partnership with Atalaya Capital Management. This move highlights Crestone’s dedication to expanding its narrow-body portfolio with top-tier aircraft leased to reliable operators. The two planes are currently leased to SmartLynx Airlines, a prominent European ACMI, cargo and charter service provider. With
AerCap Holdings N.V. (AerCap) hosted its 2024 Capital Markets Day in New York on May 8, 2024. AerCap’s CEO Aengus Kelly, along with other senior leaders, were discussing the company’s strategic priorities and outlook for the near and longer term. In conjunction with the investor conference, the company unveiled several significant announcements. Foremost among them
GE Aerospace has announced the completion of the next series of testing on its XA100 adaptive cycle engine, marking a step forward in advancing this next-generation technology for future combat aircraft. Adaptive cycle engines play a crucial role in ensuring U.S. combat aircraft maintain their superiority, offering 30% greater range and significantly enhanced thermal management
Falko Regional Aircraft Limited (Falko), a large asset manager and aircraft lessor focused solely on the regional aircraft sector, has provided a summary of its first quarter 2024 (Q1 2024) portfolio activity. Throughout the quarter, Falko engaged in transactions concerning 50 aircraft and two engines. Notably, Falko entered into a purchase agreement with Nordic Aviation
JEKTA, the Switzerland-based creator of the PHA-ZE 100 (Passenger Hydro Aircraft – Zero Emission 100) regional amphibious aircraft, has unveiled the debut interiors for its economy-class Traveller and full-executive Corporate cabin configurations. The interiors have been meticulously crafted for passenger comfort, operational durability and utmost elegance, blending elements from the illustrious history and futuristic sophistication
Vallair, the seasoned aircraft asset specialist committed to supporting operators and lessors, has appointed François Biarneix as Operations Director. Based in Châteauroux, Luxembourg, Biarneix will lead the strategic deployment and operations of Vallair’s aerostructure and composite shop, engine shop, logistics department and aircraft dismantling activities. Biarneix’s extensive management background enhances Vallair’s senior team and capabilities.
Independent UK MRO, Caerdav, has unveiled a dedicated line maintenance station at Cardiff Wales Airport, initially catering to support ACMI (aircraft, crew, maintenance, and insurance) operator, Avion Express. The new station will conduct overnight daily and weekly maintenance checks for Avion Express, ensuring the smooth operation of its aircraft throughout the summer 2024 contract with
Willis Lease Finance Corporation (WLFC) announced record first-quarter total revenues of US$119.1 million and record quarterly pre-tax income of US$29.9 million. For the three months ended March 31, 2024, aggregate, core lease rent and maintenance reserve revenues were at an all-time high of US$96.8 million, up 26% as compared to US$76.7 million in 2023. The
The Cessna SkyCourier twin utility turboprop aircraft has been granted type certification by the Australia Certification and Accreditation Service Agency (ACASA), marking a significant milestone for the aircraft’s deployment in remote communities and enhancing regional connectivity throughout Australia. This certification follows closely on the heels of the first SkyCourier order in Australia, announced three months
During Chinese President Xi Jinping’s official visit to France, Safran Helicopter Engines, in the presence of CEO Olivier Andriès and GDAT Group Chairman Peter Jiang, has sealed support-by-the-hour contracts with GDAT. These contracts are set to maintain the Makila engines, propelling GDAT’s Airbus H225 helicopter fleet and the Arrano engines empowering GD Helicopter Finance’s (GDHF)
LOT Polish Airlines (LOT) has announced plans to incorporate the Embraer E195-E2 into its fleet to bolster operational flexibility and support network expansion. The airline will lease three new E195-E2 aircraft from Azorra, underscoring its dedication to sustainable growth by integrating the 25% more efficient E2 into its operations. The first aircraft is scheduled to
AJW Group has announced the promotion of Clare Brown to the role of Chief Financial Officer (CFO), AJW Aviation. With an extensive career spanning more than 25 years within the aviation industry, including eight years of invaluable service at AJW Group, where she has occupied central positions such as Finance Director and Senior Vice President
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