Fuelled by growing passenger numbers worldwide, commercial aviation industry is rapidly expanding, presupposing a drastic rise of global airline fleet in the years to come. Notwithstanding the potential, even this growth trend remains subject to inevitable year-on-year fluctuations in the market due...
Nordic Aviation Capital (NAC) is pleased to announce that it has committed to lease five Embraer, three E195’s and two E175’s, to Belavia-Belarusian Airlines, the largest carrier in the Republic of Belarus. The placement of the five new aircraft are from NAC’s existing Embraer orde...
Order from leading airplane lessor reflects strong market demand for new and improved 737 jet Boeing and Air Lease Corporation (ALC) announced they have finalized an order for eight more 737 MAX 8 airplanes, valued at $936.8 million at list prices. Air Lease Corporation (ALC), one of the world's leading airplane lessors, has been a big buyer of the improved 737 airpl...
ACS Aviation, Scotland's leading flying school and aircraft maintenance company has set a course to become one of the leading commercial flying schools in Europe following a one million pound investment in aircraft, airside facilities and online presence. Founded in 2007 the company has increased the number of would-be pilots for its wide range of commercial training programmes after...
Qatar Airways has bought a 25 per cent stake in one of Moscow’s largest airports for an undisclosed sum as the company attempts to overcome the Gulf blockade of the emirate. This reported by Financial Times. Akbar Al Baker, chief executive of Qatar Airways, said on Monday that the airline expected the deal on Vnukovo to be concluded within the next eight weeks. The airport, Russi...
First non-U.S. investment by Boeing HorizonX Ventures; 10th investment since its launch in April 2017 Direct-to-orbit connectivity enables IoT accessibility for remote locations Myriota joins Boeing's growing technology ecosystem in Australia Boeing announced its investment in Adelaide, Australia-based Myriota, an Internet of Things (IoT) startup seeking to revolutioniz...
Rolls-Royce today welcomed Business Secretary, Greg Clark to Derby to celebrate the start of work on its new testbed facility. The plans for the testbed were announced in June 2017 as part of a wider £150m investment in UK aerospace facilities. The new testbed, which is expected to be commissioned in 2020, will support Rolls-Royce’s ongoing industrial transformation and will provide...
End of 2017 Wanfeng Aviation Industry Co., Ltd. acquired Diamond Aircraft Industries GmbH (DAI Austria), Diamond Aircraft Inc. (DAI Canada) and Austro Engine GmbH (AE). The new owner introduces the future group strategy with a focus on continued growth and DAI Austria as global headquarters, where it will continue to develop new technologies and aircraft models, including the DART civil turboprop...
AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, announces that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has recently delivered three brand-new Airbus A320-214 aircraft to the Russian flag carrier Aeroflot – Russian Airlines. Aircraft bearing manufacturer’s serial...
XTI Aircraft Company (XTI) announced it is preparing to file papers with the U.S. Securities and Exchange Commission to increase the price of its shares from $1.00 to a minimum of $1.50. The share price will remain at $1.00 for a period of weeks until XTI finishes preparing its audited financials and submits its filing to the SEC. When the SEC approves the incr...
The aviation industry is one where the potential for profit is great, but it is also extremely competitive and faces some serious challenges in the short to medium term. Whilst areas like private jet charter are growing, there are issues with capacity and companies must box clever if they are to expand at a rate that matches demand, as is currently the case with Middle Eastern carrier, Air Arabia....
XTI Aircraft Company (XTI) announced it is on schedule and on budget as it completes the ducts and fans for its 60% scale flying prototype of the TriFan 600 aircraft and moves toward ground testing those components. “In this Phase 2,” explained Robert LaBelle, Chief Executive Officer of XTI, “we’re fabricating the wing ducts and fans and will perform gro...
Significant reduction of margins, down 25bp, and positive effects expected on the financial charges Size reduced, down to €1.8bn, and duration extended to 2023 Leonardo signed a new Revolving Credit Facilities with a pool of domestic and international banks. The RCF envisages the payment of a spread of 75 basis points above Euribor, 25 basis point l...
High-energy battery could accelerate the electrification of transportation Boeing announced its investment in Berkeley, Calif.-based Cuberg, Inc., a startup founded by former Stanford University researchers developing next-generation battery technology for potential aerospace and industrial applications. Cuberg developed an advanced battery cell that is designed to be a d...
Running now
Brazil, SANTANA
08/09/2026
United Kingdom, London
Air France-KLM today has submitted a binding offer to Parpública for the acquisition of a 44.9% to 49.9% stake in TAP Air Portugal, marking a decisive step in the airli...
