AFI KLM E&M and Virgin Atlantic have signed a support services agreement for the airline's new fleet of 12 A350-1000 aircraft, the first unit of which will be delivered this summer. The flight-hour su...
GTLK Europe has closed a $265m refinancing jointly arranged by DVB Bank (London Branch), PK AirFinance and Credit Agricole CIB. The firm has refinanced three 2015 vintage Boeing 777-300ER aircraft, al...
S7 Technics' Moscow Domodedovo base and Lufthansa Technik have jointly held an unveiling of Cyclean, an aero engine cleaning process. Cyclean, developed by the German company and brought to the Russia...
Ryanair Holdings has revealed plans to purchase Malta Air, as part of the plans which will see Ryanair grow its Malta-based fleet of 6 B737 aircraft. This investment in Malta Air will allow Ryanair to...
The European Union has issued new regulations regarding the flying of drones. Under the commission delegated regulation (EU) 2019/945 & commission implementing regulation (EU) 2019/947, rules have bee...
Aircraft component support provider, Bii.aero has announced the appointment of James Burley as its new commercial manager. In his role, Burley will focus on establishing and managing the strategic gro...
SMBC Aviation Capital has revealed a profit before tax record $344 million for the financial year ending March 31, an increase of almost 8% year-on-year. The group has revealed a record $1.1 billion o...
AerFin has received EASA Part 145 maintenance organisation approval certification for its engine MRO services at its 100,000 sq.ft. facility based in the UK. With the certification the group will look...
Air France KLM has revealed that it flew 7.5 million passengers in May 2019, an increase of 3.8%. Its long-haul capacity grew by 2.1%, with a 5% increase in traffic. The load factor came in at 87.4%, ...
Heathrow has announced the rollout of new computed tomography (CT) security equipment, valued at over £50 million - to be installed throughout the airport over the next few years. When fully deployed,...
Magnetic MRO (MMRO) has reached an agreement with investors to raise additional capital by up to €8.95 million ($10.1 million). Chinese company Shenzhen Yongtai Trading and Hong Kong-based Sapphire In...
Rolls-Royce has made a deal to transfer pension risk liabilities to Legal & General. The deal covers the transfer of assets and liabilities relating to approximately 33,000 pensioners who are members ...
We're Social