Aquila Air Capital, a U.S.-based aviation asset manager, has announced the appointment of Gary Lew as its new Chief Financial Officer (CFO). The move comes as the company continues to expand its aircraft leasing and trading operations amid sustained demand for efficient mid-life aircraft solutions.
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Air India has announced a leadership transition as Klaus Goersch, the airline’s Chief Operating Officer (COO), will step down in January 2025. Klaus will assume the role of Executive Vice President (EVP) and COO at Atlas Air Worldwide Holdings (US). His successor will be Basil Kwak, a senior executive from Vistara, marking another significant personnel movement within the Tata Group’s aviation ventures.
China Airlines (Taiwan) has officially appointed Chen Han-Ming as its new president, succeeding Kao Shing-Hwang, who has been elevated to the position of chairman. This leadership transition reflects the airline’s long-term strategic vision as it continues to expand and strengthen its global position.
SMBC Aviation Capital, a leading aircraft leasing company based in Ireland, has announced the delivery of the first Airbus A220-300, serial 55318, to Breeze Airways, a rapidly expanding US-based airline. This aircraft is the first of three A220-300s scheduled for delivery under their leasing agreement.
Deucalion Aviation closed out 2024 with an impressive portfolio of 75 transactions, reflecting a total value of over $1 billion. The UK-based aviation asset manager demonstrated its industry leadership through a mix of activities, including 33 aircraft sales and leases and 35 end-of-life aircraft sale/lease transactions. These efforts emphasize Deucalion’s capability to handle the full spectrum of aircraft life cycles, from…
Arajet, the Dominican Republic’s pioneering low-cost airline, is currently facing challenges due to delays in the delivery of five Boeing 737 MAX aircraft. These delays are part of broader production issues affecting Boeing’s 737 MAX deliveries globally.
SAESL (Singapore Aero Engine Services Limited) has announced that CEO Simon Middlebrough will step down from his position in July 2025. He will be succeeded by Chris Pattinson, who is set to assume the role and lead the company into its next phase of development.
