JLPS Ireland has announced the appointment of Colin Joyce as its new Chief Executive Officer, effective 1 October 2025. Joyce, a Chartered Accountant with more than 25 years of experience in aviation finance and leasing, returns to the company he helped establish in 2019.
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American Airlines (US) has been found to have violated federal law by allocating employee retirement funds to investment companies that offer Environmental, Social, and Governance (ESG) products, according to a recent court ruling. The decision marks a significant victory for critics of ESG-focused investment strategies, who argue that such practices prioritize progressive ideologies over financial returns.
Aeroitalia, the Italian airline, has announced plans to wet lease an Embraer E175 from Marathon Airlines (France). The aircraft will be utilized for domestic routes in Italy, with operations scheduled between 30 March and 25 October 2025. This partnership enhances Aeroitalia’s fleet capabilities during a high-demand period, ensuring reliable service across its network.
Play Airlines, the low-cost carrier based in Iceland, has accepted a settlement offer from the Financial Supervisory Authority (FME) relating to issues around the disclosure of its lower revenue generation in 2022. As part of the settlement, the airline has agreed to pay a fine of US$120,800.
Garuda Indonesia, the national carrier of Indonesia, has taken decisive steps toward financial recovery and long-term growth by approving the next phase of its restructuring plan, which includes a board reshuffle aimed at expediting strategic execution. Shareholders have endorsed this critical step to improve governance and enhance the airline’s competitiveness as it works to stabilize its balance sheet and…
Lufthansa Technik Services India has announced the appointment of Marcel Pastuska as its new Chief Executive Officer (CEO). The leadership transition marks a strategic step in the company’s continued growth within the Indian aviation maintenance market.
FL Technics, a Lithuanian-based MRO provider, has announced the appointment of Donatas Dockus as the new CEO of Wright International, its Canadian subsidiary. The leadership change is part of FL Technics’ strategic expansion into the North American aviation market, reinforcing its global presence in the aircraft maintenance, repair, and overhaul (MRO) industry.
