Crestone Air Partners has announced the successful closing of a lease agreement for an Airbus A320-200 aircraft with Cebu Pacific, further strengthening its footprint in the Asia-Pacific region. The deal marks another key milestone in Crestone’s strategy of steady, long-term growth with leading airline partners in major markets.
Airbus has reported robust financial and operational performance for the first half of 2025, with revenue reaching €30.9 billion, up from €27.7 billion year-on-year. The company delivered 323 commercial aircraft, including 18 A220s, 256 A320 Family, 23 A330s, and 26 A350s, reflecting solid output amid ongoing recovery across the aviation sector.
HAECO, one of the leading independent aircraft maintenance, repair, and overhaul (MRO) service providers in the Asia-Pacific region, has entered into a significant partnership with Liebherr-Aerospace, a global leader in aircraft system component manufacturing and support. The two companies have signed a component maintenance agreement aimed at supporting the COMAC C919 and C929 aircraft programs, marking a key step in…
A new agreement between the United States and the European Union will preserve tariff-free trade in aircraft and aircraft parts, shielding the aerospace industry from potential disruptions amid broader tariff tensions. The deal, announced on July 28, 2025, reinstates a zero-for-zero tariff structure on jets and components, averting what could have been a severe blow to global production and…
Airbus has announced a significant executive reshuffle, appointing Benoit Schultz as Chief Procurement Officer, effective 01 October 2025. Schultz succeeds Jurgen Westermeier, who will assume dual leadership roles as President of Airbus in India and Head of South Asia beginning 01 September 2025. Meanwhile, Remi Maillard will become EVP Engineering of Commercial Aircraft and Head of Technology.
Airbus has reported a robust performance for the first quarter of 2025, with revenues rising 6% to reach $13.5 billion. The European aerospace giant recorded a net income of $793 million and ended the quarter with a net cash position of $11.0 billion. The company logged gross commercial aircraft orders of 280, and after accounting for cancellations, concluded the period with 204 net orders.
Airbus delivered a total of 136 commercial aircraft during the first quarter of 2025, with a particularly robust performance in March, when it handed over 71 jets. This delivery figure highlights Airbus’ continued operational strength and its ability to maintain high production rates amid global supply chain challenges.
GE Aerospace has announced the opening of XEOS, a state-of-the-art maintenance, repair, and overhaul (MRO) facility located in Sroda Slaska, near Wrocław, Poland. This facility is focused on the advanced servicing of LEAP engines, which are widely used in the latest generation of commercial aircraft.
Airbus has announced its 2024 performance, reporting the delivery of 766 commercial aircraft to customers worldwide. The year also saw 878 gross orders and 826 net orders, reflecting strong demand across its product range.
Embraer, the Brazilian aerospace manufacturer, is exploring the possibility of launching a new commercial airplane program, with potential investment support from Saudi Arabia’s Public Investment Fund (PIF). This development marks a strategic shift in Embraer’s search for partners, moving its focus from Asia to the Middle East, as it seeks funding and collaboration to advance its aviation ambitions.
