Heston Materials has announced the promotion of Vaidas Vinslovas to the position of Head of Airframe Projects, recognizing his dedication and versatile background in aviation. Vaidas’s career path reflects a blend of academic, operational, and leadership expertise that aligns with the company’s continued growth and project development goals.
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.
Thales has inaugurated a new avionics maintenance, repair, and overhaul (MRO) facility in Gurugram, India, strategically positioned near Delhi International Airport. This new center is part of the company’s ongoing efforts to expand its footprint in South Asia and improve support for regional airline customers.
The Russian government is reportedly considering a transfer of GTLK (State Transport Leasing Company) to VEB.RF, the national development corporation. Currently, GTLK is jointly owned by the country’s Ministry of Transport and Ministry of Finance.
Brian West, Chief Financial Officer of Boeing, recently addressed concerns regarding the Trump administration’s tariffs on imported goods, particularly aluminum and steel, stating that the company does not foresee a “material near-term impact” from these tariffs.
A subsidiary of US-based Willis Lease Finance, Willis Engine Repair Center, has entered into a strategic partnership with Global Engine Maintenance (US) to establish a joint venture named Willis Global Engine Testing. The venture aims to construct a state-of-the-art engine test cell facility in West Palm Beach, Florida.
Lithuanian aviation services provider Airhub Aviation has officially launched new maintenance, repair, and overhaul (MRO) operations at Siauliai International Airport in Lithuania.
France-based global logistics leader CMA CGM has officially submitted a bid to acquire the cargo operations of Air Belgium. A court ruling on the proposed acquisition is expected by 27 March 2025.
Germany-based MTU Aero Engines has announced the extension of Chief Operating Officer (COO) Silke Maurer‘s contract for an additional five years, now valid through the end of January 2031.
Brazilian aircraft manufacturer Embraer has approved a share buyback program targeting its own issued shares, with plans to acquire up to 1.0 million shares within a 12-month period ending March 2026.
