Private equity firm Carlyle has abandoned its attempts to offload engine parts maker Paradigm Precision, due to low valuations linked to the ongoing MAX 737 grounding, reports CNBC. Carlyle had own...
Christos Spyrou joins TIACA’s board of directors, following a recent board meeting of the cargo industry group. Spyrou, is chief executive and founder of Neutral Air Partner (NAP), has joined the...
The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13% full-year loss of passen...
BeauTech and Sky Regional Airlines are the launch customers for GE Aviation's new CF34-8 HPT (high pressure turbine) durability upgrade program for its CF34-8 engines to improve fleet stability, time...
Singapore-listed SIA Engineering Company Limited (SIAEC) has entered into a JV agreement with Air Innovation Korea o form a line maintenance joint venture based in the Republic of Korea. Under the...
British Airways and Royal Air Maroc have announced a codeshare which agreement which will open up new routes across Morocco, including Casablanca and Agadir. Codeshare flights will operate from 20 Fe...
Finnair is adding additional frequencies to its popular New York JFK route for the upcoming summer 2020 season. Between April 4 and October 24, Finnair will operate three additional weekly frequencie...
ST Engineering has signed two multi-year MRO contracts with South Korean airline T’way Air which will see to the extension of an ongoing partnership in component and engine MRO between the two compan...
Over the next 20 years 4,500 new airplanes will be needed in Southeast Asia valued at $710 billion at list prices, with additional demand for services bringing the total market demand to $785 billio...
Lessor BBAM has ordered three 737-800 Boeing Converted Freighters (BCF), driven by increased demand for freighter from growth in e-commerce and express sector of the air cargo market. BBAM has one of...
Lessor, Nordic Aviation Capital has appointed Patrick de Castelbajac as chief executive Officer, effective from the Q3 2020, when he will be based at NAC’s newly opened headquarters in Limerick, Irel...
Low cost Middle East carrier Air Arabia (PJSC), reported a net profit of AED 1 billion ($273million) for the 2019, an increase of 80 per cent on 2018. The airline’s turnover for the full year 2019 ...
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