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Grupo Aeromexico | September 22, 2020
Grupo Aeroméxico, S.A.B. de C.V. today announced that the Company received approval by the United States Bankruptcy Court for the Southern District of New York to modify the majority of its existing aircraft equipment leases into power by the hour agreements ("PBH Agreements") that will substantially reduce Aeromexico's monthly aircraft and engine costs for the duration of the PBH period. PBH Agreements allow for Aeromexico to reset monthly lease costs based on utilization o...
Airbus | September 21, 2020
To celebrate zero emissions day 2020, Airbus has revealed three concept aircraft, codenamed ZEROe. These hydrogen-powered planes would be the first to produce zero emissions in flight and could revolutionize air transport for the future. Here’s what you need to know.
European planemaker Airbus has unveiled three concepts for aircraft that could fly with zero emissions. These commercial planes are designed to fill every niche in the commercial aviation sector, and the planemaker says...
Boeing | September 18, 2020
AerSale confirmed today that it entered a purchase agreement to take on 24 Boeing 757-200 passenger aircraft. All of the jets come with Rolls-Royce RB211-535 series engines. Additionally, 16 spares form part of the deal.
According to a press release seen by Simple Flying, these 757s are part of the approximately 500 commercial planes parked at AerSale’s sites at Roswell, New Mexico and Goodyear, Arizona, for several carriers and companies. AerSale not only provides storage, but it i...
EPC Space | September 16, 2020
To support its accelerating growth in the defense and aerospace markets, EPC Space is proud to announce the appointment of Spirit Electronics as a distribution partner focusing on these key market segments. Spirit Electronics, in operation since 1979 and located in Phoenix, Arizona and Irvine, California, supplies products and services to the Department of Defense, aerospace, and telecommunication industries....
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