Lufthansa Technik has approved over €1 billion in investments to expand its global aircraft maintenance, repair, and overhaul (MRO) operations across the Americas, Asia-Pacific, and EMEA regions.
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Falko Regional Aircraft Limited, a UK-based aircraft asset management company, has announced the acquisition of two Embraer E170 aircraft from Azorra Aviation. These aircraft are currently leased to American Airlines and are subleased to its regional subsidiary, Envoy Air. This acquisition highlights Falko’s continued expansion in the regional jet market, reinforcing its commitment to maintaining a diverse portfolio of assets serving…
Morocco has signed a Memorandum of Understanding (MOU) with Brazilian aerospace company Embraer to explore potential joint projects within the Moroccan aerospace industry. This strategic partnership aims to advance collaboration across several areas, including commercial aviation, defense, and emerging fields such as urban air mobility. The agreement aligns with Morocco’s vision to establish itself as…
Croatia Airlines has reported a net loss of €9 million for the third quarter of 2024, a period traditionally profitable for the carrier. This downturn is primarily attributed to elevated expenses associated with the ongoing transition to a new fleet of Airbus A220 aircraft.
The Estonian government has given preliminary approval to proceed with negotiations with aviation investor Lars Thuesen regarding the sale of Nordic Aviation Group and Transpordi Varahaldus, two significant players in Estonia’s aviation sector. This conditional approval allows for the continuation of talks, provided that the Nordic Aviation Group’s board meets specific business performance targets in…
Embraer has finalized the implementation of its ONEChain Program, a transformative initiative designed to enhance the management of its supply chain. This program is a key element of the company’s growth strategy, leveraging digital transformation to streamline operations and improve efficiency across the supply chain.
Safran Aircraft Engines has inaugurated a new assembly line at its Querétaro, Mexico plant, enhancing its production capabilities. This expansion, representing an investment of 720 million pesos, adds 4,300 square meters of operational space and 8,500 square meters of logistics warehouses, bringing the facility’s total operational area to 26,000 square meters. The project is expected to create 150 new jobs, increasing the plant’s workforce to 650…
