FLYADEAL expanded partnership with Lufthansa Technik to include 5-year extension of its Aircraft Engineering Services deal, addition of Swiss-AS' AMOS software to support CAMO services, and advancement of digital technical operations.
SWIFT ANCHOR HOLDINGS completed strategic investment in Montreal-based ESSENTIAL TURBINES (engine MRO, specializing in M250 and RR300), supported by investment of equity and debt capital by BALANCE POINT CAPITAL.
GAMA reports OEMs delivered 527 general aviation aircraft (127 business jets/108 turboprops/292 pistons) worth $4b in 1Q24 vs 524 (117 business jets/117 turboprops/290 pistons) worth $3.7b in 1Q23; helicopter billings fell 15.2% to $0.7b.