ACC Aviation (UK) has announced its transition to an Employee Ownership Trust (EOT), a move supported by ThinCats (UK). The transition comes after a successful partnership with YFM Equity Partners, marking a new phase in the company’s corporate structure and strategic direction.
Six West Aviation (Ireland) has announced the acquisition of Kleos Aero (Ireland), a specialist in flight planning, trip management, and concierge services. This move strengthens Six West’s operational capabilities and enhances its ability to provide comprehensive aviation support services globally.
CAVU Aerospace, a leading US-based aviation services provider, has named Brian Postel as its new President. This leadership change signals a pivotal moment for the company as it continues to strengthen its position in the aviation industry.
AAR, a leading provider of aviation services based in the United States, has released its financial results for the second quarter of fiscal 2025, which ended on November 30, 2024. The company reported a 26% increase in sales, reaching $686 million. Despite this robust growth, AAR recorded a GAAP net loss of $31 million, reflecting ongoing operational and financial challenges.
Avia Solutions Group (Ireland) has announced the launch of its first Global Services Centre in Manila, marking a significant milestone in its global expansion strategy. The new centre is scheduled to begin operations in January 2025, bringing a wide range of aviation-related services to the Southeast Asian market.
Avia Solutions Group (Ireland) has reported impressive financial results for Q3 2024, with revenues rising 25% year-over-year to $2.1 billion. The company’s net profit also saw a significant increase, climbing more than 15% to $87.3 million.
Eirtech Aviation Services, based in Ireland, has appointed Michael Sattler as its new President. With a strong background in aviation services, Sattler brings a wealth of experience to Eirtech, aiming to drive growth and enhance the company’s global footprint. His appointment is expected to reinforce Eirtech’s position in the competitive aviation services industry and improve its service offerings across…
SpiceJet, the prominent low-cost airline based in India, has been ordered to pay $3.7 million, along with applicable interest, to Aerocare Aviation Services following an eight-year legal dispute. The ruling brings closure to a prolonged financial disagreement between the two parties and underscores the importance of clear contractual and service agreements within the aviation sector.
