Chinese state media Shenzhen TV reported that Boeing had apparently resumed deliveries of new planes, including the 737 MAX and 787 Dreamliner, to China. The company had paused deliveries last month f...
FTAI Aviation has purchased Lockheed Martin Commercial Engine Solutions (LMCES) from Lockheed Martin Canada for $170 million on May 30, 2024. The acquisition is set to close in the second half of the ...
Hamburg Commercial Bank has appointed Chad Leat as chairman of the supervisory board, replacing Juan Rodriguez Inciarte. Leat will serve as chairman until current board member Paulus de Wilt is ava...
Expliseat has signed a purchase agreement with Jazz Aviation. The Canadian airline has chosen the TiSeat 2V, to renew the cabins of 25 Dash 8-400s. Jazz operates Air Canada Express service under a ...
Eagle Air Iceland has sold its only Dornier 328-100 aircraft on May 29, 2024, after putting it up for sale in January 2024, with ACC Aviation appointed to remarket the aircraft. The sale included i...
Zunum Aero has been awarded $81.2 million, alongside $11.6 million for tortious interference, following its lawsuit against Boeing. However, for “failing to mitigate damages”, the amount awarded wa...
AMETEK MRO has appointed Mike Audus as its new DVP & business unit manager - MRO Europe. Audus will be responsible for leading AMETEK MRO's multiple businesses across Europe, which includes AEM, Antav...
Strong capacity growth in the US is likely to impact US airlines' fares and profits in the year ahead, according to Bloomberg Intelligence reports. Aircraft utilisation is around 94-95% of 2019 levels...
Swiss Steel Group is calling on the aviation industry to use sustainable materials in aircraft design, as well as the development of alternative drive technologies and the improvement of engine effici...
Delta Air Lines CEO Ed Bastian said demand for its international routes is growing faster than its domestic demand, Reuters reported. Bastian added that it is seeing healthy demand overall, with its s...
IndiGo CEO Pieter Elbers has been appointed to the International Air Transport Association's (IATA) board of governors. His one-year term began at the conclusion of IATA's annual general meeting in Du...
Airline net profits are set to reach $30.5bn in the year ahead, according to International Air Transport Association (IATA). The projection is a marked improvement over last year’s net profits of an e...
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