GKN Aerospace, a leading global supplier in the aviation sector, is transitioning to a new, purpose-built engine parts repair facility located in San Diego, California. This move aligns with the company’s strategic efforts to meet increasing demand and expand its repair and maintenance capabilities.
Finnair, the national carrier of Finland, has received export credit support exceeding US$105 million to finance its 18th Airbus A350-900. The funding, facilitated by the export credit agencies of Germany, France, and the UK, underscores international confidence in the airline’s operational and financial stability. The aircraft, identified as serial 708, was financed through an arrangement led by Citibank Europe (UK).
The Nivelles enterprise court has approved the takeover of Air Belgium by Peso Aviation Management (Netherlands) and Air One Holding International (UK). The new ownership marks a significant shift for the Belgian carrier, which will now focus exclusively on cargo operations. The restructuring will also see the workforce reduced from 401 employees to 197, reflecting the streamlined focus on cargo services.
Jet2, a prominent leisure airline based in the United Kingdom, has taken delivery of an Airbus A321neo, identified by serial number 12161. The aircraft is equipped with LEAP-1A32 engines, providing advanced performance and fuel efficiency.
Wamos Air (Spain) has announced a comprehensive reshuffle of its board following its integration into the Abra Group (UK). The move reflects the airline’s strategic realignment under the group’s leadership and its focus on bolstering governance and operational oversight. Effective immediately, Eduardo Montes will step down as chairman, with Adrian Neuhauser, a key figure within the Abra Group, taking over…
Doric Nimrod Air Two (UK) has announced the successful completion of the sale and transfer of an Airbus A380, identified by serial 110, to Emirates (UAE). The transfer follows the lease end date, with the sale yielding US$39.1 million in proceeds.
Rex (Australia) has completed the sale of Air Partner’s (UK) 50% shareholding in National Jet Express (NJE) to entities controlled by the remaining shareholders of NJE. The proceeds from this transaction will be utilized by Rex to repay secured debt, contributing to its financial stabilization.
The European Commission has granted approval under the EU Merger Regulation for easyJet (UK), IAG (UK), and Air France-KLM as suitable remedy takers. This decision comes as part of the commitments made by Lufthansa (Germany) and the Italian Ministry of Economy and Finance (MEF) to secure joint control over ITA Airways (Italy).
British Airways (UK) is enhancing its route network for summer 2025, introducing new destinations in Italy and expanding its existing services. The airline will launch flights to Rimini and Salerno, alongside an additional service to Olbia from London City Airport.
Falko Regional Aircraft Limited (UK) has announced the successful completion of its previously disclosed aircraft portfolio transaction with Nordic Aviation Capital (Ireland). The transaction includes the acquisition of four Embraer E190s, currently on lease to Royal Air Maroc (Morocco).
