EngineStands24, a company based in Estonia specializing in the leasing of engine stands for aviation MRO operations, has officially rebranded as Magnetic Enginestands. The move aligns the business more closely with its parent company, Magnetic Group, which operates a wide portfolio of aviation services.
Lilium, the German-based developer of electric vertical take-off and landing (eVTOL) aircraft, has officially rebranded as Lilium Aerospace. This transformation follows a financial rescue by the Mobile Uplift Corporation, a German investment consortium committed to revitalizing the company’s future.
Cambodia Angkor Air has officially undergone a rebranding and will now operate as Air Cambodia. This move reflects the airline’s ambition to modernize its operations and enhance its market presence. As part of its growth strategy, Air Cambodia is steadily working towards expanding its fleet to 32 aircraft, positioning itself for increased capacity and improved regional connectivity.
ATR has confirmed the addition of three ATR72-600 aircraft to the fleet of Cambodia Angkor Air, which will officially rebrand as Air Cambodia on January 1, 2025. These aircraft, financed by HNCA Aviation Financial Leasing Co. (China), are part of a leasing agreement, with deliveries scheduled throughout 2025.
