Setna, a prominent player in the U.S. asset management sector, has announced the appointment of Andrew Storch as its new Vice President of Asset Management. This strategic hire is part of Setna’s ongoing efforts to enhance its operational capabilities and drive growth in its asset management division.
Kenya Airways, the flag carrier of Kenya, is currently in the process of seeking a strategic investor to aid in its financial recovery and future growth plans. This search is part of a broader strategy that includes completing a significant capital restructuring and enhancing liquidity to ensure sustainable operations.
Boeing, the aerospace giant, is taking steps to withdraw from a previous agreement to plead guilty in a high-profile criminal case. This case charged Boeing with deceiving aviation regulators about the safety features of its B737 MAXaircraft, which was linked to two deadly crashes that tragically claimed 346 lives.
United Airlines is significantly expanding its operations at its Houston hub by initiating the construction of a new Ground Service Equipment Maintenance Facility spanning 140,000 square feet, along with a state-of-the-art training facility. This development marks a substantial investment in the infrastructure and capabilities of United Airlines at one of its key operational bases.
Mammoth Freighters, a US-based company specializing in aircraft conversions, is actively exploring Maintenance, Repair, and Overhaul (MRO) facilities across Asia as potential sites to expand its B777 freighter conversion programs. These programs include the B777-300ERMF (Extended Range Main Deck Freighter) and the B777-200LRMF (Long Range Main Deck Freighter), both of which are pivotal to the company’s growth strategy in…
EPCOR, a subsidiary of the Dutch aerospace group AFI KLM E&M, specializing in Auxiliary Power Unit (APU) services, and Finnair, the flag carrier of Finland, have agreed to extend their maintenance contract for an additional five years. This agreement covers the GTCP331-350 APUs installed on Finnair’s fleet of Airbus A330 aircraft.
Wizz Air Malta, a subsidiary of the Hungary-based Wizz Air, has taken delivery of a new Airbus A321neo, serial number 12480. This aircraft is equipped with the latest Pratt & Whitney PW1133G-JM engines, known for their fuel efficiency and reduced environmental impact.
SolitAir, based in the UAE, has recently expanded its cargo fleet capabilities by taking delivery of a Boeing 737-800BCF (Boeing Converted Freighter). This aircraft, bearing serial number 33023, has been acquired on a wet lease from ASL Aviation Holdings, a prominent Ireland-based aviation services company.
Rimbun Airlines, based in Indonesia, is strategically planning to enhance its fleet by incorporating B737 Classics rather than the newer B737 Next Generation (NG) freighters. This decision stems from current challenges associated with securing necessary engines and parts for the B737NG models.
Lao Airlines, the national carrier of Laos, is poised to enhance its fleet capabilities with the introduction of the C909aircraft. This modern aircraft is scheduled for delivery by the end of March 2025, signaling a major step forward in the airline’s operational expansion.
