AAR Signs Exclusive Defense Distribution Agreement With AmSafe Bridport

ByAdmin 28/08/202501/09/2025

AAR CORP. has signed a multi-year exclusive defense distribution agreement with AmSafe Bridport, a TransDigm company, marking a significant expansion of its defense aftermarket capabilities. Under the new agreement, AAR will act as the exclusive distributor for KC-46 Pegasus and C-40 Clipper platforms, serving both direct and indirect sales channels across the global defense and military aftermarket. This includes the U.S. Defense Logistics Agency, U.S. Armed Services, and foreign militaries such as Japan.

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Boeing | Corporation | Leasing | Lessor

AerCap Signs Lease for Two B737-800s with Mukamalah Aviation

ByAdmin 12/12/202416/12/2024

AerCap Holdings (Ireland) has announced lease agreements for two Boeing B737-800 aircraft, further solidifying its presence in the aviation leasing market. The leased aircraft will be operated by Mukamalah Aviation Company (Saudi Arabia) under the brand name Aloula Aviation.

Corporation | Financial | Lessor | Quarterly Performance

Air Lease Reports 4Q 2024 Highlights

ByAdmin 08/01/202512/01/2025

Air Lease Corporation (US) has revealed its key activities for the fourth quarter of 2024, showcasing significant progress in its operations and financial strategies. The company delivered 18 new aircraft to its customers and successfully completed the sale of 14 aircraft to third-party buyers, generating $540 million in proceeds.

Corporation | Financial

IAG Initiates $1 Billion Share Buyback Program Following Strong Financial Performance

ByAdmin 02/03/202505/03/2025

International Airlines Group (IAG) has announced the launch of the first tranche of its $1 billion share buyback program, starting with an initial $522 million repurchase. This move follows IAG’s strong financial performance and demonstrates the group’s confidence in its profitability and long-term growth strategy.

Corporation | Governments | Partnership

Morocco and Embraer Sign MOU for Joint Aerospace Projects

ByAdmin 01/11/202403/11/2024

Morocco has signed a Memorandum of Understanding (MOU) with Brazilian aerospace company Embraer to explore potential joint projects within the Moroccan aerospace industry. This strategic partnership aims to advance collaboration across several areas, including commercial aviation, defense, and emerging fields such as urban air mobility. The agreement aligns with Morocco’s vision to establish itself as…

Airbus | Corporation | Manufacturers

Airbus Reports October 2024 Order Book Updates with New A320neo and A321neo Orders

ByAdmin 13/11/202414/11/2024

Airbus has updated its order book for October 2024, reflecting several new orders within its A320neo family. The changes include an order for one A321neo from American Airlines and two separate orders for five and ten A320neosfrom undisclosed customers. Additionally, a private customer placed an order for one A320neo. These orders continue to reinforce the popularity of Airbus’s A320neo family, known for its fuel efficiency and suitability for various…

Boeing | Corporation | Management

Boeing Appoints Alay Parikh to Lead Defense Business Development in India

ByAdmin 05/08/202508/08/2025

Boeing has announced the appointment of Alay Parikh as Director of Business Development for its Defense and Services business in India, reaffirming its strategic commitment to growth in the region. Parikh succeeds Alain Garcia, who has taken on a new role with Boeing in South Korea. He will report directly to Randy Rotte, Senior Director of International Business Development.

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