Aviation engineering news

Irish leasing and aviation financing specialist Avolon has reported a strong 9 months of 2024 with the purchase of 134 aircraft arranged during that period. The figures come as Avolon releases its 3rd Quarter (Q3) statement which shows that during Q3 it delivered 9 new aircraft, and transitioned the lease [read more]

Manilla-based low-cost carrier Cebu Pacific has confirmed an order for 70 Airbus A321neo airlines firming up an MoU it signed in July. The selection of the A321neo will help the airline reduce operating costs and help to reduce the airline’s carbon footprint and become more sustainable. Cebu Pacific already operates [read more]

Prospective start up airline Global Airlines has taken another step towards being an operational airline after signing an agreement with German MRO Elbe Flugzeugwerke GmbH (EFW) to prepare and maintain its sole Airbus A380 which is currently stored at Prestwick Airport. Global Airlines signed the contract yesterday which will see [read more]

Boeing has told employees that they need to enforce furlough on employees as strike action by staff in Washington State halts production. The Seattle-based plane maker says that the furlough is needed to preserve cash and ensure the company can recover post-strike Exevutives, Managers and employees will be furloughed for [read more]

Dublin Ireland headquartered aviation leasing specialists Avolon has agreed to acquire Castlelake Aviation Limited, including its aircraft portfolio along with orders and options. Castlelake’s assets consist of a $5bn aircraft portfolio with 105 aircraft already on lease with airlines, 70% of which are new technology aircraft, as well as commitments [read more]

Just days after Boeing confirmed their next new aircraft will be built in Washington State, staff at their Washington plants have voted to reject the contract offer and begun to strike. Members of the International Association of Machinists (IAM) District 751, which has about 33,000 members at Boeing say that [read more]

Boeing is going back to it’s roots for it’s next new aircraft, rumoured to be a midsized airline named the 797, as it confirms it will be built in its spiritual home in Washington State. The new aircraft, which isn’t confirmed yet, is expected to be a 200-250 seat aircraft [read more]

Wizz Air has confirmed that it’s first Airbus A321XLR (Extra Long Range) aircraft will be based at London Gatwick (LGW/EGKK). The airline will be the first ultra-low-cost airline to operate the type and has chosen the first long-haul route to be London to Jeddah. Wizz Air will start XLR operations [read more]