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SMFL LCI Helicopters to Acquire Macquarie Rotorcraft, Expanding Global Fleet

SMFL LCI Helicopters, the joint venture between Sumitomo Mitsui Finance & Leasing Co. and LCI Investment, has announced an agreement to acquire Macquarie Rotorcraft, a major helicopter leasing company. This acquisition will significantly expand SMFL LCI’s fleet, strengthening its position in global rotorcraft leasing across sectors such as offshore transportation, emergency medical services, search and rescue, and utility operations.

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Etihad Airways Appoints Capt. Majed Al Marzouqi as Chief Operating Officer

Etihad Airways has announced the promotion of Capt. Majed Al Marzouqi to the position of Chief Operating Officer (COO). Previously serving as Vice President of Safety and Quality, Capt. Al Marzouqi has been instrumental in enhancing the airline’s safety protocols and quality standards.​

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Boeing Faces Shareholder Class Action Over 737 MAX 9 Incident

Boeing is set to face a shareholder class action lawsuit following a mid-air incident involving a 737 MAX 9. The lawsuit alleges that Boeing prioritized profits over safety and misrepresented its commitment to safe aircraft. A federal judge ruled that shareholders who held Boeing stock between January 7, 2021, and January 8, 2024, can sue for damages, citing misleading statements that artificially inflated…

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Norse Atlantic Airways Completes Redelivery of Three Boeing 787-8s

Norse Atlantic Airways has completed the redelivery of three Boeing 787-8 aircraft, marking the end of their dry lease sublease arrangement with another airline. The move is part of the airline’s strategy to operate a standardized fleet of 12 Boeing 787-9s, enhancing efficiency, operational flexibility, and cost-effectiveness.

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Airbus Reports 18% Decline in Deliveries for January and February

Airbus has announced its delivery and order figures for the first two months of 2025, reporting a total of 65 aircraft delivered, which marks an 18% decline compared to the same period last year. This drop is attributed to supply chain adjustments and engine delivery delays, with the company prioritizing deliveries toward the latter half of the year.