The overarching goal of the EU Aviation Strategy should be to create a climate which encourages European investors to invest in the aviation sector, according to the EESC – the EU institution representing civil society. In its opinion entitled Aviation Package I, the European Econ...
Viking Air Limited (“Viking”), a global leader of utility aircraft, support and services and manufacturer of the world-renowned Twin Otter, and Longview Aviation Asset Management, today announced a new relationship that will provide customers for both new-build and used Twin Otter aircra...
Rolls-Royce Holdings Plc said it has agreed to buy the stake it doesn’t already own in Industria de Turbo Propulsores SA for 720 million euros ($795 million) to strengthen its position in the service market for its largest engines that power Airbus and Boeing jets. The U.K. manufacturer is buying the remaining 53.1 percent from Sener Grupo de Ingeniería SA, which exercised a put op...
Cobham has signed a contract to extend its current QantasLink contract for the provision of airline services through to the end of 2026. Cobham announced today that it has been awarded a 10 year, A$ 1.2 billion contract to continue provision of airline services to QantasLink, supporting their fleet of 20 Boeing 717 aircraft to the end of 2026. The Cobham-Qantas partnership commenced in 1991...
Norsk Titanium AS, the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components today announced the successful close of its Q2 2016 funding round. Minneapolis-based investment bank Piper Jaffray led the round for Norsk Titanium to secure investment from institutional and strategic investors to provide financing for a rapidly expanding customer...
Aircastle Limited (the “Company” or “Aircastle”) announced that it entered into a new $400.5 million term facility secured by 17 aircraft. The facility has a maturity of seven years and includes an accordion feature allowing for $67.5 million in additional future funding. Funding of the facility will take place through several draw-downs, with the first one, for $167.3...
A4E has released a new study on the economic impact of Air Traffic Control (ATC) strikes in Europe during its first “CEO Summit on Air Mobility and Prosperity” in Brussel, today. The analysis compiled by PwC reveals that between 2010-15 the overall impact of ATC strikes reduced European UnionGDP up to €9.5 billion (at 2015 prices). Unless the situation is tackled, t...
Waypoint Leasing has placed two new Sikorsky S-92s on lease with a global helicopter operator. “Despite a period of weak demand for oil and gas globally, and a recent shift in the market for heavy aircraft, we are receiving numerous inquiries.” Clark McGinn, Waypoint’s senior vice president of Sales & Relationship Management said: “Despite a period of weak demand...
Shares in the big three U.S. airlines fell sharply Friday, as investors worried that the impact of Brexit would be damaging to international airlines that serve Great Britain. However, the CEO of Lufthansa Group has told employees that the impact of Brexit will be limited, according to the Twitter TWTR -3.52% site @LufthansaFlyer, which follows the company. Lufthansa Group owns Lufthansa, SWISS...
Ben Paul, PwC partner and airline industry leader, said: “The decision to leave the EU has profound implications for our aviation industry, with issues ranging from access to the single aviation market to sector financing and infrastructure investment. “Leaving the EU has wider implications than just access to the European market. EU-level air services agreements with count...
AWAS, the Dublin-based leading global aircraft leasing company has announced an order for an additional 15 A320 Family aircraft, comprising 12 A320ceo and three A321ceo aircraft. Dave Siegel, AWAS CEO remarked on the deal, “AWAS is pleased to continue our long-term relationship with Airbus in reaching this deal for the order of 15 A320 CEO Family aircraft which wi...
Aviation Finance Company (AFC), a Stellwagen Group company headquartered in Dublin, has now completed over $6.5 billion of financing with the sale and leaseback of its eighth A380-800 to Emirates. This will be the second A380 that will be owned by Stellwagen. Since its foundation three years ago, AFC has financed the delivery of aircraft for both airlines and leasing companies. Seraph...
Sberbank and Volga-Dnepr Group entered into a strategic cooperation agreement at the St. Petersburg International Economic Forum. The document was signed by Maxim Poletaev, First Deputy Chairman of the Executive Board of Sberbank, and Alexey Isaikin, President of Volga-Dnepr Group. According to the arrangements that were reached, Volga-Dnepr Group will consider Sberbank as a strategic partner f...
Zodiac Aerospace shares rose as much as 13 percent Wednesday after the biggest supplier of seats to Airbus Group SE said a logjam in the production of premium berths for the manufacturer’s latest A350 model is beginning to ease. Zodiac, which has struggled to meet Airbus and Boeing Co. delivery schedules for two years after taking on too much work, has achieved certificatio...
08/09/2026
United Kingdom, London
10/09/2026
Latvia, Riga
Solairus Aviation announced an agreement to acquire the Aircraft Management and Charter divisions of Clay Lacy Aviation. Solairus currently manages approximately 360 aircraft from more than 100 b...