Boeing and Icelease have signed an agreement for one 767-300 Boeing Converted Freighter (BCF), with options for up to two additional aircraft, as the Icelandic lessor continues to expand its dedicated freighter portfolio. The first aircraft is scheduled to enter the conversion process in the first quarter of 2027, with delivery planned for the second quarter of the year. The conversion work w...
Sustainable Aviation Fuel often begins its journey in an unexpected place: the restaurant deep fryer. Through a long-term partnership, Phillips 66 and Restaurant Technologies, Inc. (RTI) are transforming used cooking oil collected from restaurants across the United States into renewable fuels, helping strengthen the supply chain for lower-carbon energy solutions. RTI pr...
RIX Riga Airport has launched a tender process to attract investors for the development of new aircraft maintenance, repair and overhaul facilities, advancing its ambitions to become a major aviation hub in Northern Europe. The initiative seeks private investment for the construction of aircraft maintenance hangars and supporting infrastructure, expanding the airport’s aviation ser...
The International Aircraft Dealers Association (IADA) and the American Society of Appraisers (ASA) have formed a new educational partnership aimed at expanding professional development opportunities for members of both organizations and enhancing aircraft appraisal expertise across the general aviation sector. As part of the collaboration, IADA’s Quarterly Market Repor...
The Hellenic Ministry of National Defense has signed an agreement for the acquisition of three Embraer KC-390 Millennium multi-mission aircraft, with options for three additional units. The deal was concluded through a government-to-government partnership between Greece and Portugal, further strengthening European defence cooperation. Under the agreement, the Hellenic Air Force is scheduled to...
The UK Government and Rolls-Royce have unveiled plans for a joint £2.5 billion, 10-year research and technology programme aimed at advancing next-generation gas turbine technologies for both civil and defence aerospace. The initiative is expected to represent a major opportunity for the UK’s advanced manufacturing sector, supporting innovation, competitiveness, and industrial...
