Azorra (US) has announced the appointment of Susan Geitzenauer as Senior Vice President – Operations. This strategic addition to the leadership team highlights Azorra’s commitment to operational excellence and its focus on enhancing efficiency as the company continues to grow.
UrbanLink Air Mobility (US) has announced a strategic partnership with FEAM Aero (US) to ensure the safety, efficiency, and readiness of its all-electric fleet. This collaboration marks a significant step in UrbanLink’s mission to revolutionize air mobility by providing sustainable and reliable transportation solutions.
StandardAero (US) has announced that its San Antonio engine overhaul center has secured maintenance organization approval from the Civil Aviation Administration (CAA) of China for the LEAP-1A and LEAP-1Bturbofan engines. This approval is a significant milestone, enabling StandardAero to perform maintenance, repair, and overhaul (MRO) services for Chinese operators using these advanced engines.
Eastern Air Holdings (US) has announced plans to reactivate an ex-iAero B737-300F, bearing serial number 23538. This freighter aircraft will soon be placed on the Air Operator Certificate (AOC) of the company’s subsidiary, Eastern Air Express.
Aircraft Leasing & Management (UK) has announced the acquisition of an A220-300 aircraft, bearing serial number 55176, from Air Lease (US). This marks a significant addition to its fleet, as the aircraft is already under an existing lease with ITA Airways (Italy).
Delta Air Lines (US) has entered into a groundbreaking partnership with Airbus UpNext, the innovation-focused subsidiary of Airbus, to explore and develop next-generation aviation technologies. This collaboration aims to revolutionize the future of flying by focusing on advancements that improve sustainability, efficiency, and passenger experience.
Crestone Air Partners (US) has announced the appointment of Steven Bridgland as Senior Vice President (SVP), Head of Capital Markets. This key addition to the leadership team reflects Crestone Air Partners’ commitment to expanding its capabilities in the aviation finance and leasing sector.
mba Aviation (US) has forecasted that the global airline industry will require nearly 33,000 narrowbody and widebody aircraft by the year 2029. According to their analysis, approximately 19,000 of these aircraft will consist of those currently in service, while 14,000 are expected to be fulfilled through new deliveries.
Air Lease Corporation (US) has revealed its key activities for the fourth quarter of 2024, showcasing significant progress in its operations and financial strategies. The company delivered 18 new aircraft to its customers and successfully completed the sale of 14 aircraft to third-party buyers, generating $540 million in proceeds.
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.
