Deutsche Aircraft (Germany) has announced a significant leadership change, appointing Nico Neumann as Co-CEO, effective immediately. Neumann will share the executive role with the company’s current CEO, Dave Jackson, as Deutsche Aircraft strengthens its leadership team to support its strategic goals.
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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.
AerCap Holdings, one of the world’s largest aircraft leasing companies based in Ireland, has released its operational update for the second quarter of 2025, highlighting extensive transactional activity across its portfolio. The company reported 71 lease agreements, reinforcing its dominant market position amid strong global aircraft demand.
Korean Air has secured the rights to perform maintenance on Rolls-Royce engines, marking a significant expansion of its maintenance, repair, and overhaul (MRO) capabilities. The airline is preparing to carry out this work at a state-of-the-art engine maintenance facility currently under construction on Yeongjong Island, near Seoul Incheon International Airport.
Flyadeal, Saudi Arabia’s low-cost airline, is evaluating its options for introducing widebody aircraft into its fleet. CEO Steven Greenway has indicated that a decision will be made by the end of 2024. The airline is considering new Boeing 787 Dreamliners, new Airbus A330neos, or used B787-9s already available within the Saudia Group.
Yakutia Airlines, a prominent Russian regional carrier, has appointed Vladimir Nikolaev as its acting Chief Executive Officer (CEO). This leadership change comes at a pivotal moment for the airline as it navigates operational challenges and plans for future growth.
Air France CEO Anne Rigail has raised concerns over the French government’s 2025 budget, which includes a sharp increase in the solidarity tax on airline tickets. She warns that this move could lead to a $100 million revenue decline, impacting the airline’s profitability and competitiveness.
