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NAC has signed an agreement to lease five new E175 and E190 aircraft to JSC Belavia- Belarusian Airlines

Nordic Aviation Capital (NAC) is pleased to announce that it has committed to lease five Embraer, three E195’s and two E175’s, to Belavia-Belarusian Airlines, the largest carrier in the Republic of Belarus. The placement of the five new aircraft are from NAC’s existing Embraer orde...

Boeing, Air Lease Corporation Sign Order for Eight 737 MAX Airplanes

Order from leading airplane lessor reflects strong market demand for new and improved 737 jet  Boeing and Air Lease Corporation (ALC) announced they have finalized an order for eight more 737 MAX 8 airplanes, valued at $936.8 million at list prices. Air Lease Corporation (A...


ACS Aviation growth plans get airborne following one million pound investment

ACS Aviation, Scotland's leading flying school and aircraft maintenance company has set a course to become one of the leading commercial flying schools in Europe following a one million pound investment in aircraft, airside facilities and online presence.  Founded in 2007 the company has increased the number of would-be pilots for its wide range of commercial training programmes after...

Qatar Airways wants to buy a 25% stake in Moscow's Vnukovo airport

Qatar Airways has bought a 25 per cent stake in one of Moscow’s largest airports for an undisclosed sum as the company attempts to overcome the Gulf blockade of the emirate. This reported by Financial Times. Akbar Al Baker, chief executive of Qatar Airways, said on Monday that the airline expected the deal on Vnukovo to be concluded within the next eight weeks.  The airport, Russi...

Boeing HorizonX Invests in Australia-based Nanosatellite Communications Startup Myriota

First non-U.S. investment by Boeing HorizonX Ventures; 10th investment since its launch in April 2017 Direct-to-orbit connectivity enables IoT accessibility for remote locations Myriota joins Boeing's growing technology ecosystem in Australia Boeing announced its investment in Adelaide, Australia-based Myriota, an Internet of Things (IoT) startup seeking to revolutioniz...

Rolls-Royce breaks ground on new testbed as part of £150m investment in UK aerospace facilities

Rolls-Royce today welcomed Business Secretary, Greg Clark to Derby to celebrate the start of work on its new testbed facility. The plans for the testbed were announced in June 2017 as part of a wider £150m investment in UK aerospace facilities. The new testbed, which is expected to be commissioned in 2020, will support Rolls-Royce’s ongoing industrial transformation and will provide...

New Owner: Great Plans for Diamond Aircraft

End of 2017 Wanfeng Aviation Industry Co., Ltd. acquired Diamond Aircraft Industries GmbH (DAI Austria), Diamond Aircraft Inc. (DAI Canada) and Austro Engine GmbH (AE). The new owner introduces the future group strategy with a focus on continued growth and DAI Austria as global headquarters, where it will continue to develop new technologies and aircraft models, including the DART civil turboprop...

AviaAM Financial Leasing China delivered three brand new Airbus A320 aircraft to Aeroflot - Russian Airlines

AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, announces that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has recently delivered three brand-new Airbus A320-214 aircraft to the Russian flag carrier Aeroflot – Russian Airlines. Aircraft bearing manufacturer’s serial...

XTI Aircraft Company to file with SEC to increase share price

XTI Aircraft Company (XTI) announced it is preparing to file papers with the U.S. Securities and Exchange Commission to increase the price of its shares from $1.00 to a minimum of $1.50.  The share price will remain at $1.00 for a period of weeks until XTI finishes preparing its audited financials and submits its filing to the SEC.  When the SEC approves the incr...

Air Arabia Plans for More Destinations and a Bigger Fleet

The aviation industry is one where the potential for profit is great, but it is also extremely competitive and faces some serious challenges in the short to medium term. Whilst areas like private jet charter are growing, there are issues with capacity and companies must box clever if they are to expand at a rate that matches demand, as is currently the case with Middle Eastern carrier, Air Arabia....

XTI Aircraft on Schedule with Development of Flying Prototype

XTI Aircraft Company (XTI) announced it is on schedule and on budget as it completes the ducts and fans for its 60% scale flying prototype of the TriFan 600 aircraft and moves toward ground testing those components. “In this Phase 2,” explained Robert LaBelle, Chief Executive Officer of XTI, “we’re fabricating the wing ducts and fans and will perform gro...

Step forward in financial strategy, revolving credit facility renegotiated

Significant reduction of margins, down 25bp, and positive effects expected on the financial charges Size reduced, down to €1.8bn, and duration extended to 2023  ​ Leonardo signed a new Revolving Credit Facilities with a pool of domestic and international banks. The RCF envisages the payment of a spread of 75 basis points above Euribor, 25 basis point l...

Boeing HorizonX Invests in Advanced Battery Technology Startup Cuberg

High-energy battery could accelerate the electrification of transportation Boeing announced its investment in Berkeley, Calif.-based Cuberg, Inc., a startup founded by former Stanford University researchers developing next-generation battery technology for potential aerospace and industrial applications. Cuberg developed an advanced battery cell that is designed to be a d...

Magnetic MRO continues to grow with a new strategic investor

Magnetic MRO, a global Total Technical Care maintenance and asset management organisation, has announced change in its shareholder structure. Its major shareholder, a private equity firm BaltCap, together with minority shareholders, are selling 100% of the shares in Magnetic MRO to Guangzhou Hangxin Aviation Technology (“Hangxin”). Magnetic MRO has grown over the past 5 ye...

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Essential news

Avolon places landmark order for 110 Airbus A320neo and A330neo aircraft

Avolon, one of the world’s leading aviation finance companies, has reinforced its long-term growth strategy with a firm order for 110 Airbus aircraft, including 35 A330-900 widebodies and 75 A32...

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Qantas Group strengthens regional network with strategic turboprop fleet investment

  Qantas has announced a major investment in its De Havilland Dash 8 turboprop fleet, reinforcing its long-term commitment to maintaining reliable air links across regional Australia. As part...

Embraer reports record US$35.7 billion backlog in Q3 2026, marking a new all-time high

Embraer reported a record backlog of US$35.7 billion in the third quarter of 2026, surpassing its previous all-time high by 3% quarter-over-quarter and increasing 14% compared with the...