United Aircraft (Russia) has announced plans to issue more than 2 trillion shares, aiming to raise approximately $5.5 billion in capital. This move is intended to strengthen the company’s financial position and support ongoing aircraft development and production programs.
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ATR, the Franco-Italian regional aircraft manufacturer, has announced the appointment of Marion Smeyers as its new Senior Vice President of Operations and Procurement, effective 01 May 2025. She will succeed Eric Segura and report directly to Nathalie Tarnaud Laude, CEO of ATR.
Boeing and its machinists‘ union have reached a tentative agreement on a new contract proposal, which includes a pay raise aimed at resolving a strike that has affected Boeing’s operations for nearly seven weeks. The new offer comes after extensive negotiations and is set for a union vote on November 4, 2024. If accepted, this…
EVA Air, a leading airline based in Taiwan, has reported impressive financial results for Q3 2024, showcasing significant growth in both revenue and net income. The airline’s revenue increased by 7.3% year-over-year to reach $1.76 billion, while its net income surged by 51%, totaling $276.3 million. These results underscore EVA Air’s strong operational performance and effective cost management strategies.
ST Engineering‘s Commercial Aerospace division has announced the acquisition of Maintenance, Repair, and Overhaul (MRO) contracts for CFM56-7B and LEAP-1A engines from two prominent Middle Eastern airlines.
Delta Air Lines has reported its financial performance for the second quarter of 2025, delivering net income of $2.1 billion, representing a 63% increase year-over-year. This comes even as total operating revenue remained flat at $16.6 billion, indicating improved cost management and operational efficiency within the airline’s structure.
FL Technics, a Lithuanian-based MRO provider, has announced the appointment of Donatas Dockus as the new CEO of Wright International, its Canadian subsidiary. The leadership change is part of FL Technics’ strategic expansion into the North American aviation market, reinforcing its global presence in the aircraft maintenance, repair, and overhaul (MRO) industry.
