Aviation

NLA to complete the full redemption of Turning Rock's preferred equity investment by June 30, 2025 DANIA BEACH, Fla., Jan. 14, 2025 /PRNewswire/ -- Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has agreed to redeem Turning Rock Partners'...

Industry veteran Mike Heaton takes the helm to accelerate innovation and further enhance DASI, LLC's market position MIAMI, Jan. 13, 2025 /PRNewswire/ -- DASI, LLC, a premier provider of aircraft inventory solutions, is pleased to announce the appointment of Mike Heaton as President of the company. Mike joins DASI from Satair, where he was Managing Director, Americas, overseeing business...

DUBLIN and STAMFORD, Conn., Jan. 13, 2025 /PRNewswire/ -- AIP Capital, an alternative investment manager focused on opportunities in asset-based finance today announced that it has expanded its leadership team with several new hires, including Chris O'Scannlain, Chief Risk Officer based in AIP's Stamford, CT office and Omar Mian, Managing Director, EMEA based in AIP's Dublin, Ireland office. AIP...

INDIANAPOLIS, Jan. 8, 2025 /PRNewswire/ -- Delta Air Lines and Endeavor Air have entered into a 10-year agreement, naming AeroCore Technologies as their exclusive engine foam wash provider. The wash program leverages AeroCore's globally patented Nucleated Foam Technology to restore engine performance, improve fuel efficiency, reduce carbon emissions and save maintenance hours across the majority of Delta's and Delta...

52.7 Million Passengers Served – A 15% Increase Over 2023 Highest-Ranked Middle Eastern Airport for Connectivity DOHA, Qatar, Jan. 7, 2025 /PRNewswire/ -- Hamad International Airport (DOH) achieved significant milestones in 2024, serving 52.7 million passengers, a 15% increase compared to the previous year. The airport continues to strengthen its role as a key global hub for airlines and passengers....

SINGAPORE, Dec. 19, 2024 /PRNewswire/ -- Digital travel platform Agoda has reached an additional milestone in expanding their flight business in India and Korea through the International Air Transport Association's (IATA) accreditation, enabled by the IATA GoGlobal Accreditation achieved by Priceline on behalf of Booking Holdings. The IATA GoGlobal accreditation is a prestigious certification that underscores both Priceline and...

The new working capital credit facility will be used to grow its existing USM distribution business and diversify product and service offerings DANIA BEACH, Fla., Dec. 10, 2024 /PRNewswire/ -- Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has secured...

The facility will support Phoenix and AIP with the purchase of six aircraft on-lease DUBLIN and STAMFORD, Conn., Dec. 9, 2024 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix"), a full-service aircraft lessor, and AIP Capital, an alternative investment manager focused on opportunities in commercial aviation today announced the closing of a $240 million term loan facility (the "facility"). The facility...

MARRAKECH, Morocco, Nov. 29, 2024 /PRNewswire/ -- The Marrakech Air Show 2024, held under the High Patronage of His Majesty King Mohammed VI, concluded on November 2 after four dynamic days. Hosted at the Royal Air Force base, the event attracted 194 exhibitors, 50 delegations, and nearly 30,000 visitors, solidifying Morocco's position in the global aerospace industry.     Participation...

MUMBAI, India, Nov. 28, 2024 /PRNewswire/ -- The aviation industry is experiencing unprecedented heights, driven by expansive and rapidly growing national and international travel, particularly among Indian passengers. This surge has created a significant demand for relevant and regional content. Shemaroo Contentino, a global leader in providing in-flight entertainment (IFE), has adeptly capitalized on this trend, establishing itself as...