Aero Engine Solutions (US) has announced the formation of two dedicated leasing entities, AES Engine Leasing and AVEN Engine Solutions, marking a significant expansion in its aircraft and engine leasing portfolio.
ACI Aviation Consulting (US) has announced key leadership changes, promoting Wes Romaine to President and Andy Krantz to Vice President. These appointments reflect the company’s strategy to strengthen its executive team and drive growth in aviation consulting services.
Aero Engine Solutions (AES) has formed a strategic partnership with APACS – Asia Pacific Aircraft Component Services (Malaysia), expanding its operational capabilities in the Asia-Pacific region. This collaboration grants AES access to APACS’ repair facility and warehouse in Malaysia, enhancing its ability to service and maintain aircraft engines efficiently.
MTU Aero Engines (Germany) has released its 2024 financial results, showing an 18% increase in adjusted revenue to $7.8 billion, fueled by robust demand in commercial and military aviation sectors. The company also reported a 29% rise in net income, reaching $798 million, reflecting higher engine deliveries and aftermarket services growth.
Eurowings (Germany) has announced the appointment of Irina Haselmann as managing director of its newly launched tour operator, Eurowings Holidays. This move aligns with the airline’s strategic expansion into the travel and tourism sector, offering customers comprehensive holiday packages.
ACC Aviation (UK) has announced its transition to an Employee Ownership Trust (EOT), a move supported by ThinCats (UK). The transition comes after a successful partnership with YFM Equity Partners, marking a new phase in the company’s corporate structure and strategic direction.
Boeing has reported its January 2025 aircraft transactions, reflecting significant orders and financial transfers. The records confirm that an unidentified customer placed an order for 34 B737 MAX aircraft, while another unidentified buyer ordered two B777F freighters.
Airbus is facing significant supply chain challenges, leading to a delay of up to one year for the A350F freighter program. Additionally, the manufacturer is encountering hurdles in increasing A350 production in the coming months due to component shortages and logistical constraints.
VoePass (Brazil) has successfully obtained temporary court protection, preventing the seizure of aircraft and creditor collection efforts for 60 days. This legal safeguard allows the airline to restructure its financial obligations and work toward stabilizing operations.
CAE (US) has announced the appointment of four new directors to its Board of Directors, including Calin Rovinescu, who will serve as the Chair of the Board. The new board members include Peter Lee, Katherine Lehman, and Louis Tetu, bringing extensive leadership and industry expertise to CAE’s governance team.
