Heston Materials Expands with New Engines Division
Heston Materials, based in Lithuania, has announced the creation of a new Engines Division. This expansion is underscored by the appointment of Semih Ozdemir to lead this newly established division.
Heston Materials, based in Lithuania, has announced the creation of a new Engines Division. This expansion is underscored by the appointment of Semih Ozdemir to lead this newly established division.
In a significant development within the cargo sector, WestJet, the Canadian airline, is facing a strategic shift with the resignation of Kirsten de Bruijn, Executive Vice President of Cargo. This move comes as WestJet evaluates the future of its cargo operations, specifically the winding down of its freighter activities.
Air India Express (AIX), under the guidance of Managing Director Aloke Singh, is preparing for a significant expansion in the coming years, reflecting broader growth across the Indian aviation sector. According to Singh, capacity is expected to outpace demand among Indian carriers, prompting strategic fleet enhancements.
GetJet Airlines, a leading ACMI service provider based in Lithuania, has announced the acquisition of a long-term land lease at Vilnius International Airport (VNO) through an auction organized by Lithuanian Airports. The airline has obtained the rights to develop a 4,664-square-meter plot for a period of 40 years, where it plans to construct a state-of-the-art Maintenance, Repair,…
Setna, a prominent player in the U.S. asset management sector, has announced the appointment of Andrew Storch as its new Vice President of Asset Management. This strategic hire is part of Setna’s ongoing efforts to enhance its operational capabilities and drive growth in its asset management division.
DHL‘s CEO, Tobias Meyer, has confirmed that the company does not foresee any changes to its fleet in the near future, despite the escalating trade wars that could potentially impact global demand. This statement comes amid concerns that international trade tensions might lead to reduced cargo volumes.
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.
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.
Canadian cargo carrier Cargojet has announced that its Chief Financial Officer, Scott Calver, has chosen to depart the company to explore other professional opportunities. The transition marks a leadership change within the finance division of the company.