It’s just a small order for five Boeing MAX 8s, but the announcement from lessor Griffin Global Asset Management has more substance to it. It is the first direct order for Griffin, which has bold ambitions to create “a world-class…
A combination of strong results, a progressive recovery of air travel, and the benefits of strict cost reduction programs have helped Rolls-Royce to report its first net profit since 2019. The UK-based engine and power systems maker reported a £147…
ACIA Aero Leasing (ACIA), a leading provider of regional aircraft leasing and lease management services, and Mexico-based TAR Aerolíneas have finalized the agreement for the lease of four Rolls-Royce AE 3007A engines to support the carrier’s Embraer ERJ145 fleet, broadening…
Engine maker Rolls-Royce recently officially opened a brand-new indoor testbed for the future generation of powerplants. Called Testbed 80 and situated at its Derby headquarters, the facility will be the home of UltraFan when the demonstrator starts ground testing in 2022.…
The aviation world is about to dramatically change, moving from conventional power toward electrification . It is a process that has been percolating for several years. The major auto manufacturers have joined Tesla and we will soon have a panoply…
Weak first-quarter results haven’t only left their marks on aircraft manufacturers and airlines but of course on suppliers too. Last week, we heard some updates from various engine manufacturers and component suppliers that provide some perspective on where the industry…