AMTRA Aero, a U.S.-based aviation services provider, has appointed Pablo Aguirre as President, strengthening its leadership as the company continues to expand its footprint in the aviation industry.
In order to view the full content as well as having access to our archives and receiving the daily newsletter, please REGISTER .
Lufthansa Technik, the renowned German provider of maintenance, repair, and overhaul (MRO) services, has entered into an agreement with GetJet Airlines to deliver Single Component Maintenance support for the Lithuanian carrier’s fleet.
International Airlines Group (IAG), headquartered in the UK, has reaffirmed its commitment to its stake in Air Europa, Spain’s prominent airline. The group announced its decision to participate in Air Europa’s capital increase, contributing $16.8 million to the initiative. This move ensures that IAG retains its 20% ownership in the airline, solidifying its strategic position in the Spanish and broader…
Aergo Capital, a leading aircraft leasing and trading company based in Ireland, has announced the appointment of Aengus Whelan as its new Chief Trading Officer, effective November 4, 2024. Whelan succeeds Nathan Riggs, who recently resigned from the company.
Edelweiss Air, Switzerland’s leading leisure airline, has announced the appointment of Jens Fehlinger as the new Chairman of the Board of Directors. Fehlinger steps into the role, succeeding Dieter Vranckx, who previously led the board with a focus on growth and strengthening Edelweiss’s market position. Fehlinger’s appointment signals Edelweiss Air’s commitment to continuity in leadership while bringing fresh perspectives…
Spirit AeroSystems, a leading U.S.-based aerospace manufacturer, has issued a stark warning regarding its financial health, stating that there is “substantial doubt” about the company’s ability to continue as a going concern. This cautionary statement comes as Spirit AeroSystems faces significant cash flow challenges, with cash reserves reportedly dwindling at a concerning rate. The announcement underscores…
Tulpar Air, a Russian airline, has been ordered by the Arbitration Court of the Republic of Tatarstan to pay US$4.2 million to its former director, Azat Khakim. This legal ruling concludes a significant dispute between the airline and its former executive.
