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Airbus Extends Financial Aid To Spirit AeroSystems

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Airbus has committed to providing an additional $94 million in financial support to Spirit AeroSystems, increasing its total assistance to the U.S.-based aerostructures manufacturer to $152 million. This move comes amid efforts to stabilize production and supply chain challenges that have impacted major aircraft programs, particularly the A220 and A320neo families for which Spirit is a key supplier.

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T’way Air Reports Q3 2024 Net Loss Despite 14.5% Sales Growth

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T’way Air, a low-cost carrier based in South Korea, has reported its Q3 2024 financial results, showing a net loss of $2.2 million despite achieving a 14.5% year-over-year increase in sales to $281 million. The results highlight the challenges faced by the airline industry in balancing revenue growth with rising operational costs.

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IAC To Build Second Widebody Paint Hangar In Teruel By Q3 2026

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International Aerospace Coatings (IAC) has announced plans to expand its presence in Teruel, Spain, with the construction of a second widebody aircraft paint hangar, reinforcing the region’s role as a strategic hub in the aerospace maintenance and coatings sector. The new facility will be built adjacent to IAC’s existing widebody hangar and construction is scheduled to begin in August…

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Korean Air Takes Delivery of A350-900

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Korean Air has enhanced its fleet with the delivery of a new Airbus A350-900, showcasing its commitment to modernizing its operations and improving passenger experience. The aircraft, bearing serial number 689, is powered by the highly efficient Trent XWB-84 engines, recognized for their outstanding fuel efficiency and environmental performance.

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Ouranos Aircraft Stations A321 P2F In Kenya Via Sky Vision

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Ouranos Aircraft has signed an agreement with Sky Vision Airlines to deploy one Airbus A321 P2F (Passenger-to-Freighter) aircraft at Freedom Airline in Kenya for a one-year operational period. The aircraft will be based at Nairobi’s Jomo Kenyatta International Airport, where it will serve as a key asset for cargo distribution between Africa, Europe, and the UAE.