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Business Wire
22-07-2025
- Business
- Business Wire
Aviation Capital Group Announces Delivery of One A321neo to Sunclass Airlines
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one A321neo aircraft to Sunclass Airlines. Featuring CFM International LEAP-1A engines, the aircraft was delivered to the carrier from ACG's order book with Airbus. 'We are delighted to strengthen further our relationship with Sunclass Airlines with the delivery of this fuel-efficient A321neo aircraft,' said Marine Benoit, Vice President, Marketing at ACG. 'This new aircraft will support Sunclass Airlines' fleet modernization program.' 'We're very pleased to welcome this new Airbus A321neo to the Sunclass Airlines fleet,' said Valdemar Warburg, Chief Executive Officer of Sunclass Airlines. 'Its exceptional fuel efficiency and range align perfectly with our sustainability goals and will help us reduce emissions across our operations. The A321neo also allows us to explore new destinations and further enhance the travel experience for our guests. We're grateful for our strong partnership with ACG, whose professionalism has been instrumental in supporting our fleet growth.' About Aviation Capital Group Aviation Capital Group is one of the world's premier full-service aircraft asset managers with approximately 500 owned, managed and committed aircraft as of March 31, 2025, leased to roughly 80 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation. Follow ACG on LinkedIn, and for more information, visit
Al Etihad
17-07-2025
- Business
- Al Etihad
Sanad reports robust H1 2025 revenue of Dh3.2 billion as global orderbook surpasses Dh38 billion
17 July 2025 19:16 ABU DHABI (ALETIHAD)Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi's sovereign investor Mubadala Investment Company PJSC (Mubadala), today announced strong financial and operational results for the first half of 2025, reinforcing its role as a strategic enabler of the UAE's aviation and industrial recorded revenues of Dh 3.2 billion for H1 2025, marking a 39% increase over the same period last year, driven by continued momentum across its Maintenance, Repair, and Overhaul (MRO) and Asset Management divisions. Building on its Dh 4.92 billion achieved in 2024, Sanad is on track to achieve projected full-year revenues of Dh 5.4 billion in 2025. With 99% of H1 2025 revenues generated from international markets, Sanad is not only expanding its global footprint but also channeling international revenue streams into the UAE economy, reinforcing Abu Dhabi's position as a net exporter of advanced aerospace services and a rising force in the global aviation value chain. Expanding Global Orderbook and Strategic Agreements The Group's global orderbook has reached an all-time high of Dh 38 billion, driven by long-term agreements with key partners and an expanding global footprint. Notable developments include Sanad's entry into the Pratt & Whitney GTF MRO Network as the first and only provider in the SAMENA region, as well as the expansion of MRO operations to Al Ain through its strategic partnership with AMMROC. New engine maintenance agreements were signed with leading global airliners such as Lion Air and Garuda Indonesia, while the Group strengthened its long-standing collaboration with CFM International to provide full overhaul services for LEAP-1A and LEAP-1B MRO division has successfully inducted 90 engines in the first half of 2025 and is on pace to complete 210 inductions by year-end, a 30% increase over 2024. This growth has been enabled by major infrastructure and tooling investments to expand capacity and meet rising global demand. Investing in Infrastructure, Tooling, and expanded Capabilities As part of its long-term strategy to position Abu Dhabi as a global hub for engine MRO, Sanad is investing over Dh 150 million to expand and modernize its infrastructure, tooling, and facility capacity, laying the foundation for accelerated growth and enhanced service delivery worldwide:Upgraded engine test cell to enable full live testing of CFM LEAP engines, supporting both current and future customer requirementsCommenced phased rollout of full LEAP engine MRO capabilities, positioning Sanad among a select group of global MRO providers equipped to service this high-demand platformAdded new critical engine component repair capabilities for both LEAP and GEnx engines, marking a major milestone in expanding its advanced repair expertise and supporting faster turnaround times for airline parallel, Sanad expanded its Abu Dhabi headquarters by 3,600 sqm and commissioned a new 5,000 sqm MRO facility in Al Ain in partnership with AMMROC. These strategic investments significantly elevate Sanad's global competitiveness, technical capabilities and operational resilience, reinforcing its role as a catalyst for industrial innovation in the UAE and a trusted partner in the global aerospace value chain. Asset Management and Leasing Milestones Sanad continued to advance its position as a global asset management leader in H1 2025, executing high-impact transactions that are redefining aftermarket capabilities and strengthening its role in the global aviation supply chain. The Group acquired a portfolio of Rolls-Royce Trent 700 engines from Etihad Airways, significantly expanding its global asset management portfolio. In parallel, Sanad completed a strategic parts portfolio sale to AerSale, enhancing its aftermarket support one of the most notable transactions in the aviation leasing sector, Sanad also finalized a landmark Dh 400 million engine and component sale with AerCap Materials, marking one of the largest asset sales of its kind to strategic milestones reflect Sanad's agile, value-driven approach to asset management and underscore its growing influence in shaping the future of the global aviation aftermarket. Workforce Growth and Emirati Talent Development Sanad's success is driven by its people and the ability to attract, retain, and develop high-caliber talent in an increasingly competitive global aerospace market. Amid global talent shortages, the Group continued to grow and invest in future-ready capabilities:The workforce grew by 15% year on year, reaching 621 employees, including 51 new hires this year Emiratization rose to 34.6%, up from 28.3% in H1 2024 Delivered over 1384 training hours in H1 2025, focused on advanced MRO skills, safety, and leadership. In H1, Sanad signed an MoU with GE Aerospace to drive immersive training and knowledge exchange. In parallel, two Emirati engineers began a six-month exchange program at Rolls-Royce facilities in the UK, part of a strategic initiative announced last year during the Farnborough structured programs like the Sanad Technical Development Programs, Future Leaders Program, and OEM-certified trainings, are designed to cultivate a world-class aerospace talent Siddiqui, Group Chairman of Sanad, stated: "Sanad's strong performance in the first half of 2025 reflects strategic clarity, disciplined execution, and the continued trust of our global partners. What sets Sanad apart is its unwavering commitment to building future-ready capabilities—investing in people, technology, and global collaborations. Through knowledge exchange and advanced technical development, Sanad is helping shape a resilient, knowledge-based aerospace ecosystem that embodies the UAE's bold industrial vision. It stands as a powerful example of how UAE-born champions can deliver sustainable growth, global relevance, and lasting impact."Mansoor Janahi, Managing Director and Group CEO of Sanad, said: "Our performance in H1 2025 reflects the strength of our strategy, execution, and long-standing global partnerships. The expansion of our LEAP and GTF capabilities, the successful asset sale transactions, and our investments in infrastructure and talent all underscore Sanad's growing influence on the global aerospace stage. By embedding innovation into everything we do, whether through advanced MRO solutions or transformative talent development, we are not only meeting the evolving needs of our customers but also reinforcing Abu Dhabi's position as a global hub for aerospace excellence.' Looking ahead With a strong H1 foundation, Sanad is poised to deliver continued growth in H2 2025. The Group will advance global partnerships, scale infrastructure, and drive innovation to support rising demand for advanced MRO and asset management services. As Sanad continues to shape the future of aerospace, it remains committed to strengthening the UAE's industrial ecosystem and expanding its leadership across the global aviation value chain.
Yahoo
08-07-2025
- Yahoo
Air India Was Caught Faking Safety Records Even Before The 787 Crash
Air India Express, the budget subsidiary of Air India, has been accused of falsifying safety records to the Indian civil aviation authority months before before a deadly Boeing 787 crash killed over 200 people. The airline was supposed to update certain components on CFM International LEAP-1A engines found on Airbus A320neo planes by a specified date. According to the information Air India Express submitted to the government, they did make these repairs by the date. Only problem is, that information is fake. "In order to show that the work has been carried out within the prescribed limits, the AMOS records have apparently been altered/forged," said the Directorate General of Civil Aviation (DGCA) in a memo sent privately to the airline, later acquired by Reuters. This was all the way back in March, meaning that the Indian government knew that there were lax safety standards -- and more than that, outright safety fraud -- going on at Air India months before the tragic Boeing 787 crash in June. For its part, Air India Express claimed that the erroneous information was due "the migration of records," which sounds a bit like a fifth-grader explaining what happened to his homework. Pay no attention to the fact that it immediately fired its quality manager and suspended its deputy continuing airworthiness manager, which surely is entirely unrelated to record migration. Read more: These Supercars Lose Value So Quickly, They're Almost A Steal An airline faking its safety records is very bad. Know what's also very bad? Pilots faking their medical records. According to Business Today, a number of pilots in India have been doing exactly that. This came to a head in April, when an Air India Express pilot -- in his 30s, no less -- died of a heart attack right after landing his plane, per Air Insight. That's a tragedy, but also a near miss, since he just as easily could have died mid-flight. He was later found to have had an underlying heart condition, which was not caught by any of his medical examinations. Were they faked, or were the standards too lax, or did the doctors screw up? With the eyes of the world watching after the 787 crash, the DGCA is cracking down. Civilian pilots now have to go through medical exams at Indian Air Force bases, which are pretty strict. That opens up its own problems, since the country's civilian sector is already going through a severe pilot shortage. Still, better a pilot shortage than falling planes. Clearly, Air India is a mess right now. Nearly half of all safety violations (that the Indian government caught, at least) in 2024 came from the airline and its Express subsidiary, per Reuters. When the private sector Tata Group took possession of the Air India from the government in 2022, its stated goal was to make it a "world class airline." From the looks of things, that's going to take a pretty major overhaul at this point. Want more like this? Join the Jalopnik newsletter to get the latest auto news sent straight to your inbox... Read the original article on Jalopnik.
Yahoo
08-07-2025
- Yahoo
Air India Was Caught Faking Safety Records Even Before The 787 Crash
Air India Express, the budget subsidiary of Air India, has been accused of falsifying safety records to the Indian civil aviation authority months before before a deadly Boeing 787 crash killed over 200 people. The airline was supposed to update certain components on CFM International LEAP-1A engines found on Airbus A320neo planes by a specified date. According to the information Air India Express submitted to the government, they did make these repairs by the date. Only problem is, that information is fake. "In order to show that the work has been carried out within the prescribed limits, the AMOS records have apparently been altered/forged," said the Directorate General of Civil Aviation (DGCA) in a memo sent privately to the airline, later acquired by Reuters. This was all the way back in March, meaning that the Indian government knew that there were lax safety standards -- and more than that, outright safety fraud -- going on at Air India months before the tragic Boeing 787 crash in June. For its part, Air India Express claimed that the erroneous information was due "the migration of records," which sounds a bit like a fifth-grader explaining what happened to his homework. Pay no attention to the fact that it immediately fired its quality manager and suspended its deputy continuing airworthiness manager, which surely is entirely unrelated to record migration. Read more: These Supercars Lose Value So Quickly, They're Almost A Steal An airline faking its safety records is very bad. Know what's also very bad? Pilots faking their medical records. According to Business Today, a number of pilots in India have been doing exactly that. This came to a head in April, when an Air India Express pilot -- in his 30s, no less -- died of a heart attack right after landing his plane, per Air Insight. That's a tragedy, but also a near miss, since he just as easily could have died mid-flight. He was later found to have had an underlying heart condition, which was not caught by any of his medical examinations. Were they faked, or were the standards too lax, or did the doctors screw up? With the eyes of the world watching after the 787 crash, the DGCA is cracking down. Civilian pilots now have to go through medical exams at Indian Air Force bases, which are pretty strict. That opens up its own problems, since the country's civilian sector is already going through a severe pilot shortage. Still, better a pilot shortage than falling planes. Clearly, Air India is a mess right now. Nearly half of all safety violations (that the Indian government caught, at least) in 2024 came from the airline and its Express subsidiary, per Reuters. When the private sector Tata Group took possession of the Air India from the government in 2022, its stated goal was to make it a "world class airline." From the looks of things, that's going to take a pretty major overhaul at this point. Want more like this? Join the Jalopnik newsletter to get the latest auto news sent straight to your inbox... Read the original article on Jalopnik.
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First Post
05-07-2025
- Automotive
- First Post
Air India Express skipped critical engine fix, falsified records: Report
DGCA warned parent company Air India for operating three Airbus planes with overdue escape slide checks and, in June, slammed Air India Express for serious pilot duty hour violations read more India's aviation watchdog, the Directorate General of Civil Aviation (DGCA), in March had called out Air India Express for failing to replace engine parts on an Airbus A320, as mandated by the European Union Aviation Safety Agency (EASA). This revelation comes amid increased scrutiny in the country's aviation sector following the deadly Air India plane crash in Ahmedabad. According to a Reuters report citing official records, the airline also submitting falsified documents to fake compliance. STORY CONTINUES BELOW THIS AD Air India Express is a low-cost arm of Air India under the Tata Group and runs a fleet of over 115 planes, flying to more than 50 destinations with about 500 daily flights. What issues were flagged by DGCA? On March 18, the DGCA flagged issues with one of its Airbus planes, specifically aircraft VT-ATD, which flies domestic routes and international ones like Dubai and Muscat, per AirNav Radar. The regulator warned parent company Air India for operating three Airbus planes with overdue escape slide checks and, in June, slammed Air India Express for serious pilot duty hour violations. The DGCA in its notice said: 'This condition, if not corrected, could lead to failure of affected parts, possibly resulting in high energy debris release, with consequent damage to, and reduced control of, the aeroplane.' Back in 2023, EASA raised alarms about manufacturing flaws in CFM International's LEAP-1A engines, ordering airlines to replace certain parts like seals and rotating components. CFM International is the joint venture between GE Aerospace (formerly GE Aviation) and Safran Aircraft Engines, specialising in the design, manufacture, and support of commercial aircraft engines A confidential March government memo, reviewed by Reuters, showed Air India Express didn't make the required engine fixes on time for the A320. Worse, it allegedly tampered with AMOS—the software airlines use to track maintenance—to falsely show the work was done. Air India Express admitted the slip-up and said it's put corrective measures in place, according to Reuters. STORY CONTINUES BELOW THIS AD
