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Magellan Aerospace Extends And Expands Pratt & Whitney Canada Deals

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Magellan Aerospace has announced a significant step in its long-standing collaboration with Pratt & Whitney Canada, securing a mix of contract extensions and fresh manufacturing program awards. These developments reflect a strengthening of ties between the two companies, enhancing Magellan’s role in the supply chain of one of the most prominent aircraft engine manufacturers in the world.

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Electra Unveils EL9 Ultra Short Hybrid-Electric Aircraft Design

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Electra, a US-based aerospace company, has unveiled the design of its EL9 Ultra Short hybrid-electric aircraft. This innovative nine-passenger piloted aircraft is designed to offer exceptional efficiency and versatility in short-haul operations, marking a significant milestone in sustainable aviation. With the design phase complete, the EL9 now moves into its development phase, bringing Electra closer to delivering its vision of…

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Boeing Faces Shareholder Class Action Over 737 MAX 9 Incident

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Boeing is set to face a shareholder class action lawsuit following a mid-air incident involving a 737 MAX 9. The lawsuit alleges that Boeing prioritized profits over safety and misrepresented its commitment to safe aircraft. A federal judge ruled that shareholders who held Boeing stock between January 7, 2021, and January 8, 2024, can sue for damages, citing misleading statements that artificially inflated…

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FTAI Aviation to Redeem Series B Preferred Shares

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FTAI Aviation, headquartered in the Cayman Islands, has announced plans to redeem all outstanding 4,940,000 8.00% Fixed-to-Floating Rate Series B Cumulative Perpetual Redeemable Preferred Shares. The redemption price is set at $25.00 per Series B Share in cash, along with an additional $2.4 million covering accumulated and unpaid distributions.

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CALC Leases First A330-200 to Korean Air

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China Aircraft Leasing Group Holdings (CALC) (Hong Kong) has completed the lease of its first Airbus A330-200 to Korean Air, further expanding its widebody aircraft portfolio. The lease agreement, finalized in March 2025, represents a significant milestone for CALC, which has traditionally focused on narrowbody aircraft leasing.

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SalamAir Expands Fleet With Two A321s and Three A320s Through 2026

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SalamAir, the low-cost carrier based in Oman, is set to continue its strategic fleet expansion with the upcoming delivery of its 15th aircraft in June 2025—an Airbus A321 acquired on lease from SMBC Aviation Capital (Ireland). A second A321 is also scheduled to arrive in July, further strengthening the airline’s mid-capacity aircraft portfolio.

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VAS Aero Selected by Airbus for A380 Teardowns and USM Management

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VAS Aero Services, a U.S.-based specialist in aftermarket aviation services, has been selected by Airbus to manage the teardown and redistribution of used serviceable material (USM) from three Airbus A380 aircraft, bearing serial numbers 061, 066, and 084. These aircraft are being formally retired from service and will undergo disassembly in collaboration with Tarmac Aerosave in France.