Monocle Acquisition Corporation (Monocle), the Spac company formed to acquire aviation aftermarket provider AerSale, has increased its financial outlook for 2020 and 2021. Following a strong third quarter and improving outlook, AerSale now expects pro forma adjusted EBITDA for 2020 to be in the range of $48 million to $52…
AJW Group, a specialist in the global management of aircraft spares, has purchased three Airbus A330-200 aircraft for teardown. The three ex-Thomas Cook UK aircraft, which were manufactured in 1999, are all powered by RB211 Trent 700 engines with GTCP331-350 Auxiliary Power Units. The aircraft will be disassembled on-site at…
FL Technics has signed a long-term contract to support Wizz Air Abu Dhabi with complete Continuing Airworthiness Management (CAM) services. FL Technics will perform continuous airworthiness management for Airbus A320 NEO and CEO family aircraft, and will provide full CAM services in accordance with the requirements of the General Civil…
Vallair, the mature aircraft asset specialist and launch customer of the A321P2F freighter conversion, has appointed Steve Pike as Aerostructures & MRO services sales manager. Pike will be based in Vallair’s EASA and FAA approved repair facility in Châteauroux, France. His role will be to act as the main interface…
Global AirParts, the provider of used, serviceable materials for Sikorsky S76 helicopters, has announced that a shipment of three AS365N3 Dauphin helicopters for part out will arrive this month. “With the collapse in demand for helicopters worldwide, many oil and gas helicopters have been forced into retirement and will never…
North American Aerospace Industries (NAAI), which provides sustainable end-to-end aircraft recycling solutions, has announced that its affiliate, Aircraft Solutions Middle East, has entered into a Memorandum of Understanding with Aircraft Support Industries for the development of three new aircraft recycling facilities including the NAAI facility planned at the Global TransPark…
Bombardier has entered into share purchase agreements with each of Lufthansa Technik and ExecuJet Aviation Group to acquire all of the issued and outstanding shares of Lufthansa Bombardier Aviation Services (LBAS) that it does not own. This transaction enables Bombardier to further expand its worldwide customer support footprint by establishing…
Farsound Aviation has purchased the building adjacent to its UK headquarters in Romford, Essex. The acquisition, which was finalised earlier this month, comes as part of the aero engine MRO supplier’s wider ambitions to develop the company in a carefully laid out expansion plan that will culminate in 2021. Despite…
SOFIA (Stratospheric Observatory for Infrared Astronomy), a modified Boeing 747SP, landed at Hamburg Airport on 30 September for routine check at Lufthansa Technik. The flying observatory of the US space agency NASA and the German Aerospace Center (DLR) began the equivalent to a C-check, which takes place approximately every three…
HAECO Landing Gear Services, a member of the HAECO Group, has completed the world’s first Boeing 787 Dreamliner landing gear overhaul. The gears have been released by HAECO Landing Gear Services under the authority of the Federal Aviation Administration (FAA), European Union Aviation Safety Agency (EASA) and Japan Civil Aviation…