Raytheon is expanding its manufacturing presence in Mississippi, signaling a major investment in electronic warfare and radar system production capacity.
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GetJet Aviation Holdings Rebrands As GetJet Group, marking a structural and strategic shift designed to support accelerated global expansion under its 2026 Growth Strategy. The rebranding reflects the company’s transition from a holding structure with multiple standalone brands into a more vertically integrated aviation services group operating under a unified identity.
SAMCO Aircraft Maintenance has signed a four-year contract extension with CityJet, an Ireland-based wet-lease airline, to provide comprehensive maintenance services for CityJet’s CRJ 900 and CRJ 1000 fleet operating throughout Europe. This extended agreement covers all line maintenance needs, including regular hangar maintenance visits, which will be conducted from SAMCO’s Scandinavian Hub in Copenhagen and…
BNDES (Brazilian Development Bank) has approved $182 million in financing for the export of eight Embraer E2 jets to Azorra, a US-based leasing company. Deliveries are scheduled to take place between December 2024 and 2025, showcasing the ongoing collaboration between Brazilian manufacturers and global operators.
SMBC Aero Engine Lease (Netherlands) has successfully delivered its fifth aircraft engine to Aeromexico, completing a sale & leaseback transaction for a GEnx-1B76A engine on November 29, 2024. This latest deal strengthens the ongoing partnership between SMBC Aero Engine Lease and Aeromexico, supporting the airline’s fleet modernization and operational efficiency.
HAECO, a global provider of aircraft engineering and maintenance services based in Hong Kong, has entered into a new agreement with PAL Express, the low-cost carrier of Philippine Airlines, to provide base maintenance services for its narrowbody fleet of Airbus A320 and A321 aircraft. The agreement will commence in 2025, further solidifying HAECO’s presence in the Asia-Pacific region.
Eviation (US), the developer of the all-electric Alice aircraft, has reportedly laid off most of its workforce as it seeks new funding sources to continue operations. The move highlights ongoing financial difficulties for the company as it attempts to navigate challenges in the electric aviation sector.
