FL Technics Indonesia, a leading provider of aircraft maintenance services in the Asia-Pacific region, has achieved a significant milestone by obtaining certification from the Civil Aviation Safety Authority (CASA) of Australia. This certification enables the company to provide maintenance services in compliance with Australian aviation standards.
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Setna iO, a US-based aviation services company, has announced the acquisition of five Airbus A319 airframes for disassembly. This purchase allows Setna iO to expand its parts distribution network by providing high-quality, certified components sourced from these A319 aircraft. The disassembly process also supports sustainable practices in the aviation industry, as it enables the recycling and repurposing of…
Copa Holdings, the parent company of Copa Airlines, has reported its October 2024 traffic results, showing positive growth in Available Seat Miles (ASMs) and Revenue Passenger Miles (RPMs). ASMs saw an increase of 6.6%, while RPMs rose by 6.5% compared to the same period last year. However, the load factor (LF), which indicates how full flights are on average, experienced a slight decline…
Liebherr-Aerospace has inaugurated a new MRO service center at the Aerospace Hub in Dubai South, reinforcing its commitment to supporting aircraft maintenance operations in the Middle East.
AE Industrial Partners, a U.S.-based private equity firm specializing in aerospace, defense, and industrial services, has acquired Air Transport Components (ATC), also based in the U.S., to serve as the cornerstone of a new aviation services platform. The acquisition marks a significant step in AE Industrial’s strategy to build an end-to-end component and accessory repair ecosystem tailored…
Volofin Capital Management (UK) has announced the successful structuring and closing of a spares inventory financing facility for Virgin Atlantic (UK). The facility, valued at up to $100 million, will support Virgin Atlantic in managing and optimizing its aircraft spare parts inventory.
Mesa Air Group has announced the successful sale of 23 CF34-8C engines, generating total proceeds of $33.5 million.
