Heston Materials, based in Lithuania, has announced the creation of a new Engines Division. This expansion is underscored by the appointment of Semih Ozdemir to lead this newly established division.
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HAECO, a leading global provider of aircraft engineering and maintenance services based in Hong Kong, has announced the extension of its line maintenance contract with EVA Air of Taiwan. The contract, now renewed until the end of 2026, continues to cover non-technical services, reinforcing the strong partnership between the two companies.
The Asian Development Bank (ADB), based in the Philippines, has officially approved a financing package aimed at supporting Air Niugini’s re-fleeting program.
AURA AERO, the French manufacturer of electric-hybrid aircraft, has announced that its ERA (Electric Regional Aircraft) program has surpassed the 650 pre-order milestone. The achievement reflects increasing market interest in next-generation sustainable regional aviation, with five new letters of intent (LOIs) signed by a mix of international carriers, bringing the total order value to over $10.5 billion.
Air Senegal has signaled a major leap forward in its fleet expansion strategy by signing a Letter of Intent (LoI) for the acquisition of nine Boeing 737 MAX 8 aircraft. Announced at the Dubai Airshow, this potential order represents the most significant fleet commitment in the airline’s history, underscoring its ambition to strengthen regional and intercontinental connectivity.
A special audit into the bankruptcy of Nordica (Estonia) has uncovered governance failures, citing shortcomings in both the management and supervisory boards that contributed to the airline’s financial collapse. The findings highlight internal mismanagement as a key factor in the carrier’s downfall.
The European Commission has escalated its competition case against Lufthansa, issuing a Supplementary Statement of Objections that outlines its intention to order the airline to reinstate Condor’s access to feed traffic at Frankfurt Airport. This marks a significant development in the ongoing regulatory scrutiny of Lufthansa’s competitive practices.
