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Embraer and PT Dirgantara Indonesia Sign MoU to Enhance Collaboration in Commercial Aviation

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Embraer, a leading global aerospace company, and PT Dirgantara Indonesia (PTDI), Indonesia’s state-owned aerospace corporation, have signed a Memorandum of Understanding (MoU) to strengthen their partnership in the commercial aviation sector. This agreement focuses on enhancing collaboration in engineering and the supply of aerostructures, key components in aircraft manufacturing.

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Honeywell Considers Strategic Options for Aerospace Business

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Honeywell International (US), a leading industrial conglomerate, is evaluating strategic options for its aerospace business, including the possibility of a separation. This development comes approximately one month after Elliott Investment Management (US), a prominent activist investor, called for the breakup of the industrial giant to unlock shareholder value.

Ilyushin Finance Transferred to Rostec’s Avia Capital Services

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Ilyushin Finance Co. (IFC), a prominent aircraft leasing company in Russia, has officially transitioned under the control of Avia Capital Services, another leasing entity managed by Rostec, the Russian state corporation. This strategic move consolidates Rostec’s influence in the aviation leasing market, streamlining operations within its ecosystem.

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GOAL Aircraft Leasing Appoints New Directors for Asset Management and Sales

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GOAL Aircraft Leasing, a prominent Germany-based aircraft leasing company, has strengthened its leadership team with the recent appointments of Joanne O’Connor as Director of Asset Management and Guilherme Guerra as Director of Sales & Marketing. These strategic additions reflect GOAL’s commitment to enhancing its operational capabilities and fostering growth in the competitive aircraft leasing market.

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Airbus Reports November 2024 Order Adjustments

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Airbus, the European aerospace giant, has released its November 2024 order book changes, showcasing significant updates. The company reported new orders from undisclosed customers for: These additions highlight continued interest in Airbus’s wide-body and single-aisle aircraft, catering to various market demands. The A321neo remains a popular choice for its fuel efficiency and range capabilities, while the A330-900 and A350-900 models appeal to…

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Bulgaria Air and Air Serbia Consider Expanding ACMI Partnership

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Bulgaria Air and Air Serbia are reportedly in discussions to expand their ACMI (Aircraft, Crew, Maintenance, and Insurance) arrangement, which currently involves two E190s wet-leased by Bulgaria Air to the Serbian carrier. This partnership reflects a growing trend of collaborative leasing agreements among airlines to optimize fleet usage and address capacity demands.