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Aquila Technics Refunds $40,000 to Utair for Undelivered Engines

Aquila Technics, an Armenian company specializing in aviation parts and services, has refunded just over $40,000 to Utair, a Russian airline, for undelivered aircraft engines. This payment is part of an ongoing legal case between the two entities, wherein Utair sought a refund for engines that were not delivered as per the agreement. The court case has now been…

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Aeroflot Seeks Long-Term Tour Operator Partner for 2024-2028

Aeroflot, Russia’s largest airline, is actively seeking a tour operator partner to establish a long-term agreementspanning from December 2024 to March 2028. This partnership aims to enhance Aeroflot’s tourism offerings by aligning with a dedicated operator to handle travel packages and associated services, positioning the airline to cater to the rising demand for organized tours and vacation travel. With…

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Iraero Purchases Six Aircraft Engines from Tambov Airport Auction

Iraero, a regional airline based in Russia, has successfully acquired six aircraft engines through an auction held by Tambov Airport. The starting bid for these engines was set at US$600,000, reflecting a strategic acquisition aimed at bolstering Iraero’s operational capacity and maintaining fleet reliability. The transaction highlights Iraero’s efforts to secure essential assets to support its operations amid fluctuating…