News

  • Dubai Aerospace Enterprise buys AWAS group

    Dubai Aerospace Enterprise buys AWAS group

    Dubai Aerospace Enterprise (DAE) has completed the previously announced acquisition of the AWAS group of companies. The move expands DAE fleet to approximately 400 aircraft, valued of over $14 billion, making DAE one of the top 10 of global aircraft lessors. Read More ...

  • Evidence, not emotion, should steer the search for MH370

    OPINION: Evidence, not emotion, should steer the search for MH370

    For two centuries a small island off the coast of Nova Scotia has lured treasure-seekers convinced that a fortune is buried in a deep hollow within its shores. Read More ...

  • Rolls-Royce Trent 1000 TEN Receives Certification

    Rolls-Royce Trent 1000 TEN Receives Certification

    The Rolls-Royce Trent 1000 TEN, which will power all variants of the Boeing 787 Dreamliner, has been granted full flight certification from the European Aviation Safety Agency (EASA). Read More ...

  • Maintenance Organization Approval Certificate Part-145

    Maintenance organization approval certificate part-145

    In line with Redstar’s efforts to develop internal capabilities; this week we have reached another crucial milestone by obtaining SHY-145 Maintenance Organisation Approval Certificate for the maintenance of Bombardier Learjet 45 aircraft at our Sabiha Gokcen International Airport station. Read More ...

  • SMBC Aviation Capital reports total revenue of $1.1B

    SMBC Aviation Capital reports total revenue of $1.1B

    SMBC Aviation Capital, a global aircraft lessor, has published an annual report, revealing the total revenue of $1.1 billion. The company tends to invest into the technologically advanced aircraft and, through active fleet management, attempts to maintain one of the youngest fleets in the industry. Read More ...

  • Apollo Aviation Group Acquires 38 Aircraft in H1, 2017

    Apollo Aviation Group Acquires 38 Aircraft in H1, 2017

    Apollo Aviation Group (together with its affiliates, “Apollo Aviation”), a multi-strategy aviation investment manager, announced today that it contracted to purchase 38 aircraft in the first half of 2017 for a total gross purchase price of $910 million. Read More ...

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