Aviation News - AviTrader Publications

LATEST AVIATION NEWS

May 8, 2024

GECAS delivers new Airbus A320 to Spring Airlines

March 4, 2013

GE Capital Aviation Services (GECAS) reported the delivery of a new Airbus A320 to Spring Airlines to expand the Chinese low-cost carrier’s fleet. The aircraft ...

ILFC and American sign new sale-leaseback agreement for Boeing aircraft

March 4, 2013

International Lease Finance Corporation (ILFC) has entered into an agreement with American Airlines for the purchase and leaseback of an additional 15 new B737-800 and ...

Image of the Cessna SkyCourier designed and manufactured by © Textron Aviation

Cessna SkyCourier receives type certification from ACASA

May 8, 2024

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

Safran, GDAT Group ink helicopter engine support deals

May 8, 2024

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)

AJW Group promotes Clare Brown to Chief Financial Officer, AJW Aviation

May 8, 2024

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

Flexrotor shown during USS Paul Hamilton IMX23 operations © Petty Officer 2nd Class Elliot Schaudt

Airbus completes acquisition of Aerovel and its UAS Flexrotor

May 8, 2024

Airbus has finalised the acquisition of Aerovel, a U.S.-based company renowned for its unmanned aerial system (UAS), Flexrotor, enhancing Airbus’s array of tactical unmanned solutions. Flexrotor is a compact tactical unmanned aerial system specially crafted for intelligence, surveillance, target acquisition, and reconnaissance (ISTAR) missions both at sea and on land. “We see more and more

© Embraer delivered 25 jets in 1Q24, 18 executive jets and seven commercial jets © Embraer

Embraer announces strong 1Q24 performance

May 8, 2024

Embraer has released its first quarter (1Q24) results, showcasing robust figures across its aviation sectors. In the commercial aviation segment, the company delivered between 72 and 80 aircraft, while in executive aviation, deliveries ranged between 125 and 135 aircraft. Total revenues for the company fell within the range of US$6.0-6.4 billion, with an adjusted EBIT

UrbanLink to deploy Lilium Jets in South Florida © Lilium

Lilium partners with UrbanLink to introduce eVTOL jets in South Florida

May 7, 2024

Lilium, the creator of the eVTOL Lilium Jet, has unveiled its collaboration with advanced air mobility (AAM) operator UrbanLink to deploy Lilium Jets in South Florida. As part of the agreement, UrbanLink will procure 20 Lilium Jets, with pre-delivery payments scheduled, becoming the inaugural airline in the U.S. fully dedicated to integrating eVTOL aircraft into

Emirates will refurbish 43 A380s and 28 Boeing 777 aircraft © Emirates

Emirates to refurbish 71 additional A380s and B777s

May 7, 2024

Emirates has revealed plans to completely refurbish another 43 A380s and 28 Boeing 777 aircraft, expanding its retrofit programme to encompass 191 aircraft. The initial scheme aimed for 120 aircraft – 67 A380s and 53 777s – to undergo full refurbishment. The Boeing 777 remains the backbone of the Emirates fleet, while the A380 stands

ATSG to operate ten more Boeing 767 freighters for Amazon Air

May 7, 2024

Air Transport Services Group (ATSG), a provider of medium wide-body cargo aircraft leasing, air cargo transportation, and associated services, has revealed an agreement to operate ten additional Boeing 767 freighters for Amazon.com Services in the Amazon Air network, by the conclusion of 2024. The operating agreement, under which ATSG’s airlines will operate these aircraft, will

IndiGo has signed an order for 30 A350-900 aircraft

IndiGo orders 30 Airbus A350 wide-body aircraft

May 7, 2024

India’s premier airline, IndiGo, has confirmed an order for 30 Airbus A350-900 aircraft, marking a significant expansion in its international network towards long-haul destinations. India, boasting the title of the world’s fastest-growing major aviation market, stands on the cusp of an imminent surge in international travel, propelled by economic advancement and escalating household incomes. The

Final assembly line of Boeing 787 Dreamliner © AirTeamImages

FAA launches new investigation into Boeing’s 787 inspections

May 7, 2024

The Federal Aviation Administration (FAA) has initiated a fresh probe into Boeing, this time focusing on inspections concerning its 787 Dreamliner jets. CNN reported that investigators are delving into whether Boeing personnel neglected some quality inspections on its fleet of 787 aircraft, the FAA disclosed on Monday. The investigation aims to ascertain whether the inspections

magniX has appointed Reed Macdonald has CEO

magniX appoints Reed Macdonald as CEO

May 7, 2024

magniX, the driving force behind the electric aviation revolution, disclosed the appointment of Reed Macdonald as Chief Executive Officer (CEO). Macdonald will assume leadership at magniX as it prepares its groundbreaking electric powertrains for entry into service. With a career spanning over 25 years in aerospace, finance, defence, and manufacturing, Macdonald has held numerous board

Qantas to pay AU$120m penalty for allegedly selling tickets for already cancelled flights

May 6, 2024

Qantas announced it has reached an agreement with the Australian Competition and Consumer Commission (ACCC) to settle the court proceedings filed in August last year. The allegations suggested that Qantas had advertised and sold tickets for over 8,000 flights that had already been cancelled in its internal system. These revelations led to the early retirement

MightyFly obtains FAA flight corridor approval for large cargo eVTOL

May 6, 2024

The next-generation aviation start-up MightyFly asserts that it is the first company to be developing a large, autonomous eVTOL cargo drone, has received approval from the Federal Aviation Administration (FAA) for a flight corridor. This approval marks a significant achievement for MightyFly, signifying a notable advancement in the realm of drone delivery services. The newly

Ground breaking at Grand Rapids Gerald R. Ford International Airport ©Pro Star Aviation

Pro Star Aviation commences construction on cutting-edge facility

May 6, 2024

Pro Star Aviation, has announced the commencement of construction on a new USD$12.4 million, 37,000 square-foot hangar and office complex at the Grand Rapids Gerald R. Ford International Airport. The development encompasses a multi-bay aircraft maintenance hangar with a supporting mezzanine, alongside a 17,000-square-foot steel-framed office building. The hangar is designated to operate as a

Lux-Airport and Luxair open the new aircraft maintenance hangar

May 6, 2024

Lux-Airport and Luxair has marked a significant moment in its collaborative journey with the unveiling of the new Luxair aircraft maintenance hangar. The official ceremony was graced by the presence of Mrs. Yuriko Backes, Minister of Defence, Mobility, Public Works, Gender Equality, and Diversity, alongside Mrs. Jacqueline Breuer, Mayor of Sandweiler. This new structure, spanning

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MAINTENANCE, REPAIR & OVERHAUL NEWS

Safran, GDAT Group ink helicopter engine support deals

May 8, 2024

Emirates to refurbish 71 additional A380s and B777s

May 7, 2024

FAA launches new investigation into Boeing’s 787 inspections

May 7, 2024

Around The World

MRO & Production

SR Technics breaks ground on new center of excellence for aircraft maintenance in Malta

April 28, 2019

SR Technics, has reported the ground breaking of the new six-bay hangar including significant back-shop facilities for its center of excellence (CoE) for aircraft maintenance ...

Financial

Recaro Aircraft Seating posts 22% growth and revenue of nearly €600 million

April 25, 2019

Aircraft seat manufacturer Recaro grew its revenues with 22% to almost €600 million in 2018. With this result, Recaro continues its more than 15 years ...

Financial

WNG Capital raises US$438 million

April 25, 2019

WNG Capital, the global aviation investment manager and lessor of narrow body commercial aircraft, has announced the final closing of WNG Aircraft Opportunities Fund II, ...