Textron Aviation is set for a significant leadership transition as longtime President and CEO Ron Draper announces his retirement, paving the way for Brian Rohloff to assume the helm.
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Fitch Ratings (US) has reported that Boeing is making early progress in resuming production, following recent challenges, while also working to reduce legacy inventory and improve supply chain management. These developments are seen as critical factors in Boeing’s long-term operational and financial recovery.
Comac (Commercial Aircraft Corporation of China) is pushing the boundaries of aerospace technology with its ambitious new project, the C949 airliner. This aircraft is designed to redefine supersonic travel, boasting a cruising speed of Mach 1.6 and an impressive range of 6,800 miles.
SkyWorks Holdings, a US-based aviation asset management and advisory firm, has released details of its 4Q 2024 activities, which include a range of sale, leaseback, and financing transactions across multiple aircraft types and global clients.
Lilium, a German aviation company specializing in all-electric vertical takeoff and landing (eVTOL) aircraft, has appointed KPMG in the Netherlands to oversee a transparent and structured mergers and acquisitions (M&A) process. This initiative is part of Lilium’s strategic focus on securing new investment following a recent restructuring, as the company aims to advance the development…
MTU Maintenance (Germany) has appointed Gernot Sell as the new General Manager of MTU Maintenance Dallas, effective February 1, 2025. He takes over from Nezam Moghadassian, who is retiring after years of leadership within the company.
Eurowings (Germany) has announced the appointment of Irina Haselmann as managing director of its newly launched tour operator, Eurowings Holidays. This move aligns with the airline’s strategic expansion into the travel and tourism sector, offering customers comprehensive holiday packages.
