IBA Report: Engine Sector Becomes ‘Lessors’ Market’ with Surging Lease Activity

IBA has revealed that with rising engine lease rates and market values showing double-digit growth, the engine sector is now a “lessors’ market”. The aviation market intelligence and advisory company analysis shows that engine leasing activity has grown significantly with operators now favouring lease extensions to secure lift. In its recent webinar on the engineRead More

Merlin and MIT Lincoln Lab Partner to Implement Next-Gen Collision Avoidance System for Uncrewed Aircraft

The Massachusetts Institute of Technology’s Lincoln Laboratory is working with flight automation system developer Merlin on plans to implement new collision avoidance technology. In an agreement announced in April, the organizations will explore the commercialization of the Airborne Collision Avoidance System Xu on uncrewed aircraft. Initially, the collaboration will focus on implementing the ACAS Xu’sRead More

L3Harris Secures Contract to Equip Millennium’s Satellites for Missile Threat Detection

L3Harris announced early May that it secured a contract to supply critical sensor technology to Millennium Space Systems for a constellation of eight satellites to be produced for the US Space Force’s Space Development Agency. SDA announced in April that it awarded Boeing’s subsidiary Millennium Space a $414 million contract to build eight satellites equippedRead More

US Air Force Plans Demonstration of Hybrid Satellite Network Integration

The US Air Force is gearing up for a demonstration next year of a satellite communications network that can seamlessly integrate government-owned and commercial constellations on a single, secure military terminal. The demonstration is a key milestone in the Air Force Research Laboratory’s Defense Experimentation Using Commercial Space Internet, or DEUCSI — a program launchedRead More

EDGE Group Partners with CONDOR to Strengthen Non-Lethal Technologies Portfolio

EDGE has acquired 51% of Brazil-based CONDOR Non-Lethal Technologies, a leader in Non-Lethal Technologies (NLT). Together, both companies plan to expand market share in different NLT segments globally, and to enter new strategically important markets such as the USA. Hamad Al Marar, EDGE group managing director & CEO, said: “This is a hugely significant developmentRead More

Air India, All Nippon Airways’ New Codeshare Agreement Boosts Travel Options

Air India and Japanese carrier All Nippon Airways have signed a codeshare agreement connecting their networks. The new commercial partnership will provide more travel opportunities for customers of both airlines, who will benefit from the enhanced flight selections between India and Japan. With this agreement, effective for travel from May 2024, Air India and AllRead More

Etihad Airways Expands Global Reach with Five New Interline Partnerships

Etihad Airways has launched reciprocal interline partnerships with five new airline partners, further expanding travel options for guests across its expanding global network. The airline has agreed partnerships with Kam Air in Afghanistan, SKY express in Greece, Rex Airlines in Australia, Jeju Air in Korea and Myanmar Airways International. The interline agreements give customers ofRead More

Textron Aviation Unveils Expanded Global Parts Center in Wichita, Enhancing Efficiency

Textron Aviation recently held the grand opening of its expanded global parts distribution center in Wichita. With an additional 180,000 sq ft of floor space and state-of-the-art package sorting facilities, Textron says it will be able to store more airplane parts and ship them to customers faster. “Being centrally located in the United States, weRead More