Aero Capital Solutions (ACS), a prominent figure in aircraft leasing and trading worldwide, has announced the appointment of Julien Basset as Senior Vice President (SVP) of Sales for the Asia-Pacific region. Based at the company’s Singapore office, Basset brings with him a wealth of experience and expertise in mid-life aircraft and engine leasing. Prior to
Pratt & Whitney Canada (P&WC) and TAAG Angola Airlines E.P., the national carrier of Angola, have sealed a six-year Fleet Management™ Program (FMP) agreement. This arrangement encompasses engine maintenance services for the airline’s PW150A engines, which power its fleet of Dash 8-400 regional turboprops. Notably, the agreement empowers Pratt & Whitney to customise coverage to
GE Additive is undergoing a transformation, emerging anew as Colibrium Additive – an entity within the GE Aerospace fold. Forming part of GE Aerospace’s Propulsion & Additive Technologies (PAT) division, Colibrium Additive, formerly known as GE Additive, was established towards the end of 2016. Today, it stands as a trusted ally and producer of industrial
Bombardier has disclosed that its customer NetJets has emerged as the previously undisclosed purchaser of 12 Challenger 3500 aircraft. Initially announced in December 2023, the transaction, pegged at US$326.4 million based on prevailing list prices, could potentially surpass US$6 billion if all optional 232 Challenger 3500 jets are eventually acquired. This procurement further enhances NetJets’
Estonia has accused Russia of breaching international airspace regulations by disrupting GPS signals. According to REUTERS, Margus Tsahkna, Estonia’s Foreign Minister, stated that the interference in Estonian airspace caused disruptions to civil aviation in the area. Tsahkna labelled this interference as a “hybrid attack” and intends to address the issue at the European Union (EU)
IAG Cargo, the cargo division of International Airlines Group (IAG), has recently injected €1.5 million into the enhancement of its temperature-controlled perishables facility in Madrid, Spain. This investment is part of a total €12 million allocated to bolstering the business’ Spanish hub over the last six years. Serving as the primary entry point into the
StandardAero, in collaboration with Augusta Regional Airport (AGS), Augusta Economic Development Authority, and the state of Georgia, has announced the upcoming addition of an 80,500 ft² hangar expansion to its Augusta Business Aviation MRO facility. The construction is expected to be completed in 2025. “The new facility will add over 60% of new space to
Pan Am Flight Academy has announced the arrival of its latest addition, a Level D Airbus A330 full-flight simulator (FFS). This cutting-edge simulator, formerly located in Bahrain, has now been installed at the new Pan Am Flight Academy training centre situated at the Axis Park complex in Hialeah, FL. Featuring Airbus Standard 2.4 specifications, the
Turkish Airlines, Airbus, and Rolls-Royce came together at Turkish Airlines’ headquarters in Istanbul to commemorate the momentous order for 150 A321neo and 80 A350-family aircraft placed in December 2023. The gathering was attended by distinguished figures including the Turkish Minister of Trade, Prof. Ömer Bolat, Minister of Industry and Technology, Mehmet Fatih Kacır, Minister of
In the first quarter of 2024, Air France-KLM Group saw a notable increase in passenger numbers, welcoming 20.9 million travellers, marking a 6.2% rise from the previous year. With capacity expanding by 4.5% and traffic growing by 5.0%, the load factor experienced a slight uptick of 0.4 points compared to the previous year. However, despite
The U.S. Air Force has awarded Boeing a US$178 million contract to produce seven MH-139A aircraft and provide sustainment and training support, bringing the total number of aircraft under contract to 26. “Building the Grey Wolf fleet and paving the way towards full-rate production is a critical step in supporting the Air Force’s modernisation priorities,”
MTU Aero Engines (MTU) achieved adjusted revenue of €1.67 billion in the first quarter of 2024, marking an 8% increase compared to the same period in 2023 (1-3/2023: €1.54 billion). Adjusted EBIT2 reached €218 million, up from €212 million in the prior-year period, while the adjusted EBIT margin stood at 13.0% (1-3/2023: 13.7%). Adjusted net
Collins Aerospace (Collins) has appointed Phill Godfrey as Chief Sustainability Officer (CSO), succeeding former Collins CSO LeAnn Ridgeway upon her retirement. In his new capacity, Godfrey will spearhead the implementation of sustainable strategies across Collins’ six strategic business units. Collins is pioneering innovative sustainable technologies such as hybrid-electric propulsion, lighter and more efficient aircraft systems,
ACIA Aero Leasing (ACIA), a regional aircraft lessor, has reported the delivery of the first of two ATR 72-500 bulk freighters to Thailand’s newest airline, Pattaya Airways. Pattaya Airways received the aircraft (MSN745) earlier in April 2024, with the second (MSN742) scheduled to be delivered this May. “We are very pleased to be entering a
Boeing has closed a deal with GKN Aerospace St. Louis and its parent company, Melrose Industries, to continue the manufacturing of critical components that support the U.S. government and its allies. The agreement between Boeing and GKN immediately transitions the St. Louis site’s capabilities and operations in support of the F/A-18 and F-15 programmes to
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