HNA Aviation Group, one of China’s prominent aviation conglomerates, has put its B737-800SF freighter conversion program on hold, following escalating trade tensions between China and the United States. The aircraft conversions were being carried out in partnership with AEI – Aeronautical Engineers Inc., a U.S.-based specialist in passenger-to-freighter (P2F) programs.
Airseven (Denmark) has announced a net profit of US$1.2 million for the fiscal year 2024, its strongest financial performance since the airline’s establishment in 2020. The result represents a major milestone in the carrier’s development and reflects a successful rebound from early operational challenges and pandemic-related disruptions.
CDB Aviation, the Irish leasing subsidiary of China Development Bank Financial Leasing Co., Ltd., has announced the successful delivery of two Embraer E190-100LR aircraft to French regional carrier Regourd Aviation S.A.S., operating under the Amelia brand. The transaction marks the start of a new partnership and supports Amelia’s long-term fleet development strategy.
Tarco Aviation (Sudan) has incurred estimated losses exceeding US$100 million as a direct result of the ongoing civil conflict in Sudan, according to statements from Sudanese government officials. The airline’s fleet, infrastructure, and inventory have sustained significant damage amid the broader national crisis.
StandardAero (US) has initiated legal action in bankruptcy court, seeking an order that would compel Silver Airways (US) to return a leased aircraft engine currently in the airline’s possession. The action comes as part of the ongoing bankruptcy proceedings involving Silver Airways, which has been struggling to stabilize operations and address creditor claims.
BOC Aviation (Singapore) has released its operational update for the first quarter of 2025, reporting a total of 158 transactions. These include commitments to purchase 125 aircraft, the delivery of 11 aircraft, the sale of four owned aircraft and one engine, and 16 new lease commitments. The report reflects a strong start to the year and reaffirms BOC Aviation’s active presence…
Air Transport Services Group (ATSG) has officially completed its acquisition by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. The deal, structured as an all-cash transaction, assigns ATSG an enterprise valuation of approximately US$3.1 billion, signaling a major move within the logistics and air transport sectors.
STS Aviation Group (US) has announced two key executive promotions, effective immediately. Ethan Steele has been promoted to Executive Vice President and Head of Commercial, while Shane King has assumed the role of President of STS Aviation Services. These leadership changes reflect the company’s commitment to reinforcing its executive team as it expands its global footprint in MRO and engineering services.
MTU Maintenance, the German-based global engine service provider, has announced the expansion of its MRO portfolio in the United States to include LEAP and GEnx engines. As part of this strategic move, its Fort Worth, Texas location will evolve from an on-site service center into a full disassembly, assembly, and test facility, enabling complete overhauls for these two key engine types.
HAECO (Hong Kong) has successfully completed the first C-check for a Japan Airlines A350 at its state-of-the-art maintenance facility in Xiamen, China. This marks a significant milestone in the collaboration between the two companies and highlights HAECO’s continued expansion of its Airbus A350 heavy maintenance capabilities.
