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Aerospace

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LOAR

Feb 24, 2025
LOAR entered into a put option to acquire 100% of France's LMB FANS & MOTORS for €365m plus assumption of debt.
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BOEING

Feb 24, 2025
BOEING delivered the 100th 767-300BCF (30048; ex-Condor) to SF AIRLINES; aircraft was converted by GAMECO.
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AIRBUS

Feb 24, 2025
AIRBUS received type certification from EASA for GTF-powered A321XLR.
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WILLIS LEASE FINANCE

Feb 24, 2025
WILLIS LEASE FINANCE has ordered 30 more LEAPs (delivery dates TBD).
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LIEBHERR

Feb 24, 2025
LIEBHERR broke ground on 8,000 sq meter expansion to component manufacturing plant (for flight control and actuation systems, environmental control and thermal management systems, landing gear, and engines) in Guaratinguetá, Brazil.
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LILIUM

Feb 24, 2025
LILIUM, Germany filed for insolvency for a second time and says chance for restructuring is highly unlikely.
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BELCAN

Feb 24, 2025
BELCAN opened an office in Toulouse to support OEMs, tier-one suppliers, and other industry partners with design, analysis and digitalization services.
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CEBU PACIFIC

Feb 24, 2025
CEBU PACIFIC says a potential narrowbody airliner developed by Embraer would be attractive and beneficial to the air transport industry, which needs more aircraft availability and competition between OEMs. It has 42 A320s/26 A321s.
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TRIMAS AEROSPACE

Feb 25, 2025
TRIMAS AEROSPACE has multi-year Airbus contract to supply fastening solutions (through its Monogram Aerospace Fasteners, Allfast Fastening Systems and Mac Fasteners brands) for multiple civil and military fixed and rotary wing platforms, including the A320, A350 and A220; work will be performed in Commerce and Industry, CA and Ottawa, KS.
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ALTAIR

Feb 25, 2025
ALTAIR, MI joined Italy's Piedmont Aerospace Cluster to provide tools/expertise for digital engineering and application of AI for development, production, and maintenance of aircraft and subsystems.
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ENTROL

Feb 25, 2025
ENTROL introduced ENWALL interchangeable LED panel system (replaces projection-based systems) for helicopter and fixed-wing aircraft simulation.
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ACORN CAPITAL MANAGMENT

Feb 26, 2025
ACORN CAPITAL MANAGEMENT acquired Miami-based PAN AM FLIGHT ACADEMY and its 25 owned full flight simulators/FTDs.
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EMBRAER

Feb 26, 2025
EMBRAER received Board approval for an additional 4-year pause of E175-E2 development program in association with ongoing US mainline scope clause discussions with pilots and current global commercial aviation market conditions.
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TRUE BLUE POWER

Feb 28, 2025
TRUE BLUE POWER unveiled high voltage 6,500-watt DC-to-DC converter for business, commercial, defense, and AAM.
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VSE AVIATION

Feb 28, 2025
VSE AVIATION earned $101.4m on $786m revenues in 2024 vs $71.2m on $544m in 2023; it expects 35-40% growth in 2025.
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TRIMAS AEROSPACE

Feb 28, 2025
TRIMAS AEROSPACE earned $33.75m on $294m sales in 2024 vs $15.5m on $241m in 2023; sales were up 22.3% in 4Q24.
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TRIVE CAPITAL

Feb 28, 2025
TRIVE CAPITAL, Dallas completed equity investment in UK-based INDEPENDENT FORGINGS AND ALLOYS (AFI), which serves a diversified base of customers across narrowbody aircraft engines and major European defense suppliers.
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EXECUJET MRO SERVICES SOUTH AFRICA

Feb 25, 2025
EXECUJET MRO SERVICES SOUTH AFRICA replaced its first engine accessory gearbox (AGB) on a Challenger 604.
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FTAI AVIATION

Feb 28, 2025
FTAI AVIATION agreed to acquire 50% of IAG ENGINE CENTER EUROPE (CFM56 maintenance) at Rome Fiumicino Airport, forming joint venture called QUICK TURN ENGINE CENTER EUROPE, to handle 450 modules (150 engines) annually.
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MAGNETIC LINE

Feb 28, 2025
MAGNETIC LINE, Estonia has Norse Atlantic contract to provide full 787 technical handling at Berlin.
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GATES USA SPAH

Feb 28, 2025
GATES USA SPAH, OH was certified by Brazil to maintain/repair/recertify Brazilian-registered aircraft engines.

Air Transport

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MARABU AIRLINES

Feb 24, 2025
MARABU AIRLINES leased ex-IndiGo A320neo (8426) with GTFs from Jackson Square Aviation.
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MALAYSIA AIRLINES

Feb 24, 2025
MALAYSIA AIRLINES took delivery of another new 737-8 (43341) on lease from Air Lease Corporation.
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SPIRIT AIRLINES

Feb 24, 2025
SPIRIT AIRLINES received Bankruptcy Court approval for its Plan of Reorganization in which it will equitize $795m of funded debt, receive $350m of new equity investment and issue $840m aggregate principal amount of new senior secured debt to existing bondholders upon emergence from Chapter 11 with new revolving credit facility of $300m.
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AVION EXPRESS PHILIPPINES

Feb 24, 2025
AVION EXPRESS PHILIPPINES was formally announced as new ACMI operator as subsidiary of Avia Solutions Group.
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FLYDUBAI

Feb 24, 2025
FLYDUBAI had record AED2.5b earnings for 2024, up 16% vs 2023; revenues rose 15% to AED12.8b. It has 88 aircraft, but says it did not receive any of the aircraft that were contractually scheduled to be delivered in 2024 from Boeing.
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AIR PEACE

Feb 24, 2025
AIR PEACE, Nigeria agreed to lease ex-Japan Airlines 777-200ER (33395) with GE90s from Jet Midwest.
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ARAJET

Feb 24, 2025
ARAJET, Dominican Republic agreed to lease five new 737-8s from BOC Aviation for delivery in 2026/2027.
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AIRSIAL

Feb 24, 2025
AIRSIAL, Pakistan leased ex-Royal Jordanian A320-200 (4133) with CFM56s from BOC Aviation (SPNWS; August 30).
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ALMASRIA UNIVERSAL AIRLINES

Feb 24, 2025
ALMASRIA UNIVERSAL AIRLINES, Egypt leased ex-Sky Angkor A321-200 (1629) with CFM56s from Carlyle Aviation Partners. Separately, it acquired ex-Hi Fly A321-200 (1004) with V2500s and now has four A321s/two A320s/two 737s.
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POLAR AIR CARGO

Feb 24, 2025
POLAR AIR CARGO is reportedly being shut down by DHL and Atlas Air, which will assume its four 747-8Fs and two 777Fs.
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HAWAIIAN AIRLINES

Feb 24, 2025
HAWAIIAN AIRLINES took delivery of A330-300P2F (1245; ex-Etihad) from Altavair to fly for AMAZON PRIME AIR.
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AZUL

Feb 24, 2025
AZUL earned R$6.1b in 2024 (vs R$5.2b in 2023) on 4.4% higher revenues. It operates 181 pax aircraft.
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VOLARIS

Feb 24, 2025
VOLARIS earned US$413m in 2024 (vs US$223m in 2023) on 3.6% lower revenues. It operates 143 pax aircraft.
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ANA HOLDINGS

Feb 25, 2025
ANA HOLDINGS ordered/optioned 77 aircraft: 18 GEnx-powered 787-9s, 20 E190-E2s (five options) for delivery from FY2028, 14 LEAP-powered A321neos and 12 737-8s (four options) for ANA-branded operations, plus 13 LEAP-powered A321neos (incl three A321XLRs) for PEACH. It also finalized options for five 787-9s and 10 737-8s from earlier orders.
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EXCHANGE INCOME CORPORATION

Feb 25, 2025
EXCHANGE INCOME CORPORATION agreed to acquire CANADIAN NORTH (16 737s/15 ATRs) for C$205m.
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LUFTHANSA SYSTEMS

Feb 25, 2025
LUFTHANSA SYSTEMS was selected by SunExpress (Lufthansa/Turkish Airlines) to provide its Revenue Integrity solution to manage bookings.
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FLYDUBAI

Feb 25, 2025
FLYDUBAI plans June 5 to begin daily Dubai-Antalya, Türkiye (737).
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MIAMI INTERNATIONAL AIRPORT

Feb 25, 2025
MIAMI INTERNATIONAL AIRPORT handled record 56m pax in 2024, up 6.8% vs 2023.
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AVATION

Feb 25, 2025
AVATION, Singapore had US$868m net income on US$53m revenues for six months ended Dec 31 vs $8.8m loss on $45m a year ago. It ended period with 32 aircraft (777; A330; six A321s; two A320s; five A220s; 17 ATRs) vs 34 a year ago.
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AIR MONTENEGRO

Feb 25, 2025
AIR MONTENEGRO wet-leased E190 (494) from Windrose Airlines through October 2025.
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AZZERA

Feb 25, 2025
AZZERA added ReFuelEU module to its CELESTE platform to help operators to comply with monitoring/reporting requirements of EU's new mandate.
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JETTIME

Feb 25, 2025
JETTIME, Denmark leased ex-Neos 737-800 (37161) from Macquarie AirFinance.
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IATA

Feb 26, 2025
IATA reports commercial aviation industry suffered 46 total accidents (1.13 per million sectors) in 2024 vs 42 (1.09 per million sectors) in 2023; there were seven fatal accidents/244 fatalities in 40.6m flights 2024 vs 1/72 in 38.6m 2023.
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INDIGO

Feb 26, 2025
INDIGO agreed to wet-lease another three 787-8s from Norse Atlantic starting 2H25; first is to enter service on March 1.
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FLYARYSTAN

Feb 26, 2025
FLYARYSTAN leased ex-Wizz Air A320-200 (6576) with V2500s from SMBC Aviation Capital.
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AERCAP

Feb 26, 2025
AERCAP posted $2.1b net income on $8b revenues for 2024 vs $3.1b on $7.6b in 2023 and ended year with owned/managed/committed fleet of 3,525 aircraft, engines and helicopters. It announced new $1b share repurchase program.
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TRANSNUSA

Feb 26, 2025
TRANSNUSA plans April 13 to begin four-times-weekly Guangzhou-Bali (A320); it also plans to begin serving Perth.
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AAPA

Feb 26, 2025
AAPA members carried 35.2m pax in January, up 19.9% vs Jan 2024; capacity (ASKs) rose 17.4%. Cargo rose 4.7%.
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SAMARITAN'S PURSE

Feb 26, 2025
SAMARITAN'S PURSE, NC has acquired ex-Qantas 767-300F (33510) to join its 757-200PCF, DC-8 and Cessna SkyCourier.
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AVIATION CAPITAL GROUP

Feb 28, 2025
AVIATION CAPITAL GROUP had $162.7m net profit on $1.24b revenues in 2024 vs $152.8m on $1.21b in 2023. It has owned/managed/committed fleet of 496 aircraft (97% narrowbody) vs 488 a year ago (38 aircraft to be delivered in 2025).
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WIZZ AIR

Feb 28, 2025
WIZZ AIR plans August 1 to begin daily London Gatwick-Medina, Saudi Arabia (A321XLR).
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VIETJET

Feb 28, 2025
VIETJET plans in September to begin four-times-weekly Ho Chi Minh City-Auckland, New Zealand (A330).
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QANTAS GROUP

Feb 28, 2025
QANTAS GROUP recorded A$1.39b pre-tax profit for six months ended December 31, up 11% from A$1.25b a year ago.
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JETBLUE

Feb 28, 2025
JETBLUE plans June 12 to begin daily Manchester, NH-JFK (A320).
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AVATION

Feb 28, 2025
AVATION, Singapore agreed to acquire A320-200 (TBA; leased to ETIHAD) with V2500s in deal to close in 2Q25.
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FLY KHIVA

Feb 28, 2025
FLY KHIVA, Uzbekistan leased 757-300 (30179) with RB211s from Icelandair.
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QATAR AIRWAYS GROUP

Feb 28, 2025
QATAR AIRWAYS GROUP received regulatory approval to acquire 25% of VIRGIN AUSTRALIA (SPNWS; February 21); Bain Capital, Virgin Group, and Queensland Investment Corporation will maintain shareholdings in Virgin Australia.
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COLORFUL GUIZHOU AIRLINES

Feb 28, 2025
COLORFUL GUIZHOU AIRLINES, China took delivery of second new A320neo (12402) with LEAPs on lease from CDB Aviation under deal for three (third is due in 2026); aircraft launches the carrier’s new Head of Version cabin design.
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ARCHER

Feb 28, 2025
ARCHER announced Launch Edition commercialization program for Midnight eVTOL to establish commercialization playbook to deploy aircraft in early adopter markets in advance of FAA certification. Abu Dhabi Aviation is initial customer.

Business Aviation

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HONDA AIRCRAFT

Feb 24, 2025
HONDA AIRCRAFT began production of first HondaJet Echelon test unit with start of assembly of wing structure in Greensboro, NC; first flight is planned in 2026 and aircraft is designed to be first light jet with US transcontinental range.
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FREEMAN HOLDINGS GROUP

Feb 24, 2025
FREEMAN HOLDINGS GROUP added its first two FBOs in Texas via acquisition of MILLION AIR LUBBOCK and FREEMAN JET CENTER ABILENE (previously known as Lubbock Aero and Abilene Aero, respectively) and now has 24 FBO locations.
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YINGLING AVIATION

Feb 24, 2025
YINGLING AVIATION completed its first installation of Starlink inflight connectivity system on a Bombardier Global.
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EXECUJET MRO SERVICES SOUTH AFRICA

Feb 25, 2025
EXECUJET MRO SERVICES SOUTH AFRICA replaced its first engine accessory gearbox (AGB) on a Challenger 604.
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JETNET

Feb 25, 2025
JETNET reports >2,300 business jets were sold in 2024, up 4.2% vs 2023; turboprop sales fell 6% to 1,168 aircraft.
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SURF AIR MOBILITY

Feb 25, 2025
SURF AIR MOBILITY is relocating its Air Operations Center to Addison, TX; it is maintaining offices in Hawthorne, CA.
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SLATE AVIATION

Feb 25, 2025
SLATE AVIATION moved into former 80,000 sq ft Bombardier service center at Middle Georgia Regional Airport to support maintenance and cabin conversions of its 35 CRJ200s to VIP charter and shuttle seating configurations.
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TECNAM

Feb 28, 2025
TECNAM, Italy has EASA type certification for 4-seat P2006T NG with twin Rotax 912iSC3 engines and 2,844 lb MTOW.
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PLANESENSE

Feb 28, 2025
PLANESENSE launched PC-12 NGX pilot training with Level D full flight simulator supplied by ASE; it has 46 PC-12s.
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JEFFERIES

Feb 28, 2025
JEFFERIES reports that global used business jets for sale totaled 1,155 aircraft in February, up 6% vs Feb 2024.

Defense

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PRATT & WHITNEY

Feb 24, 2025
PRATT & WHITNEY completed Detailed Design Review (DDR) for its XA103 adaptive cycle engine for USAF's Next Generation Adaptive Propulsion (NGAP) program; prototype engine is expected to begin testing in late 2020s.

MRO

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THALES AND QATAR AIRWAYS

Feb 24, 2025
THALES and QATAR AIRWAYS signed MOU to establish a dedicated IFE service and maintenance center in Doha.
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SETNA

Feb 24, 2025
SETNA iO purchased a V2533-A5 from SmartLynx Airlines for part out.
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AFI KLM E&M

Feb 24, 2025
AFI KLM E&M has 10-year Air Canada contract to provide component support for projected fleet of 58 787s, plus 12 options.
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SETNA iO

Feb 24, 2025
SETNA iO acquired its sixth A380 airframe (072; ex-Lufthansa) for part out by TARMAC AEROSAVE in Tarbes, France.
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HAECO

Feb 25, 2025
HAECO was selected by Tigerair Taiwan to perform end-of-lease checks in Hong Kong on five A320ceos in 2026-2028.
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AERO INSPECTION

Feb 25, 2025
AERO INSPECTION, Ireland was selected by SolitAir for CAMO services.
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LUFTHANSA TECHNIK

Feb 25, 2025
LUFTHANSA TECHNIK added Technical Repetitives Examination module to AVIATAR that analyzes electronic technical logbook write-ups with AI.
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GE AEROSPACE and SAS

Feb 25, 2025
GE AEROSPACE and SAS concluded predictive maintenance project using GE's Event Measurement System (EMS) flight data and analytics platform to focus on challenges associated with SAS' E190 bleed systems and flight controls.
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FREEFLIGHT SYSTEMS

Feb 26, 2025
FREEFLIGHT SYSTEMS has FAA STC to install 5G Tolerant RA-6500 radar altimeter system on 737CL; ASG and Aeronaves TSM teamed on project.
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OASES

Feb 26, 2025
OASES, UK was selected by SalamAir to provide its M&E software solution.
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MAMMOTH FREIGHTERS

Feb 26, 2025
MAMMOTH FREIGHTERS announced installation of main cargo door on first 777-300ERMF (35299) by ASPIRE MRO.
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SAMCO AIRCRAFT MAINTENANCE BRATISLAVA

Feb 26, 2025
SAMCO AIRCRAFT MAINTENANCE BRATISLAVA completed C-Check on E190 (381) for Air Dolomiti.
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STANDARDAERO STOCKTON

Feb 26, 2025
STANDARDAERO STOCKTON, CA is new name for Aero Turbine (military engine MRO) following acquisition in Sept 2024.

Who’sNews

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WHO'SNEWS: BOEING

Feb 24, 2025
Jeff Shockey to Executive VP-Government Operations, Global Public Policy & Corporate Strategy of Boeing, Arlington, VA.
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WHO'SNEWS: AVTRAC

Feb 24, 2025
John Eichten to Commercial Accounts Director of Avtrac UK.
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WHO'SNEWS: LUFTHANSA CITYLINE

Feb 25, 2025
Fabian Schmidt to Chief Executive Officer of Lufthansa CityLine, Germany; Fran Maleiner was named Chief Operating Officer.
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WHO'SNEWS: MAGNIFICA AIR

Feb 25, 2025
Kevin Ketter to Vice President of Technical Operations and Director of Maintenance of Magnifica Air, Orlando.
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WHO'SNEWS: PAN AM FLIGHT ACADEMY

Feb 26, 2025
Ed Wegel to Chief Executive Officer of Pan Am Flight Academy, Miami; Jeff Portanova will continue as President and COO.
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WHO'SNEWS: THE BOEING COMPANY

Feb 26, 2025
Stephanie F. Pope was removed as COO of The Boeing Company, but remains EVP and also President/CEO of Boeing Commercial Airplanes.
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WHO'SNEWS: KELLSTROM AEROSPACE

Feb 26, 2025
Miguel Rosas to Key Account Manager of Kellstrom Aerospace, FL.
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WHO'SNEWS: VSE CORPORATION

Feb 28, 2025
Ben Thomas, President of VSE Aviation, was promoted to Chief Operating Officer for VSE Corporation.
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WHO'SNEWS: ABELO

Feb 28, 2025
Jack Conroy to Vice President-Marketing of Abelo, Ireland.
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WHO'SNEWS: GENESIS

Feb 28, 2025
Bridget Gallagher to Vice President Commercial of Genesis, Ireland.
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WHO'SNEWS: JACKSON SQUARE AVIATION

Feb 28, 2025
Wilson Chen, Chief Financial Officer & Executive Vice President-Operations of Jackson Square Aviation, announced retirement (effective June 30).
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WHO'SNEWS: GULFSTREAM AEROSPACE

Feb 28, 2025
Courtney Valentine to Senior Vice President and General Counsel of Gulfstream Aerospace.