Liebherr-Aerospace has inaugurated a new MRO service center at the Aerospace Hub in Dubai South, reinforcing its commitment to supporting aircraft maintenance operations in the Middle East.
Boeing has reported 45 aircraft deliveries for January 2025, making it the company’s busiest January in recent years. Among these deliveries, 40 were B737 MAX, including seven aircraft to unidentified Chinese airlines.
Archer Aviation, a U.S.-based aerospace company specializing in electric vertical takeoff and landing (eVTOL) aircraft, has announced the successful raise of $301.75 million in equity capital. This funding round saw participation from leading institutional investors, notably funds and accounts managed by BlackRock. The infusion of capital brings Archer’s total liquidity to approximately $1 billion, further…
ST Engineering‘s Commercial Aerospace division has announced the acquisition of Maintenance, Repair, and Overhaul (MRO) contracts for CFM56-7B and LEAP-1A engines from two prominent Middle Eastern airlines.
FL Technics, a globally recognized provider of aviation maintenance, repair, and overhaul (MRO) solutions, has initiated fleet support for a new client, Fly Vaayu of the United Arab Emirates. This partnership involves providing comprehensive maintenance services for Fly Vaayu’s Airbus A320 Passenger-to-Freighter (P2F) aircraft.
Maverick Horizon, an Ireland-based aviation company, executed key aircraft transactions in 2024 as part of its fleet optimization strategy.
JAL Group has reported its nine-month financial results for the fiscal year ending March 31, 2025, showing strong revenue growth and improved profitability. The airline posted total revenue of $8.9 billion, reflecting a 10.9% year-over-year increase, and a net profit of $586 million, marking a 6.0% rise from the previous period.
Dubai Aerospace Enterprise (DAE) has reported its full-year 2024 financial results, showing solid revenue growth and increased profitability. The company posted total revenue of $1.42 billion, while profit before tax reached $532.3 million, demonstrating strong financial resilience. As of December 31, 2024, DAE’s available liquidity stood at $3.78 billion, reinforcing its financial stability and investment capacity.
Chorus Aviation has announced that its Class A Variable Voting Shareholders and Class B Voting Shareholders have approved a special resolution authorizing a share consolidation plan. The company’s Board of Directors is now authorized to proceed with the implementation of the consolidation.
Airbus Transport International has expanded its fleet with the addition of an Airbus A300B4-600, bearing serial number 751. The aircraft, registered as F-GSTB, was delivered on April 24, 1996, and is powered by CF6-80C2A8engines.
