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IBA forecasts positive outlook for helicopter market

CDB Aviation signs lease agreements with Turkish Airlines for six 737 MAX 8 aircraft

CDB Aviation signed lease agreements for a series of six Boeing 737 MAX 8 aircraft to its current customer, Turkish Airlines. All six aircraft are part of the lessor's existing orderbook with Boeing. They will be powered by CFM International Leap-1B engines and built with the Anad...

LCI delivers first ever dedicated offshore wind helicopters to USA

LCI has begun to deliver the first dedicated offshore wind helicopters in the United States of America. They will be leased under long-term arrangements to HeliService USA and support a new era of sustainable energy supply in the country. They will be operated by HeliService&nbs...

70 million investment in Mirabel - Avianor announces construction of a center of excellence for A220 aircraft

Avianor announces the official launch of the construction of its Center of Excellence for A220 aircraft at Montreal-Mirabel International Airport (YMX). Scheduled to open in autumn 2024, the Center of Excellence represents an investment of over $70 million in state-of-the-art infrastructure, digitization and equipment, including $9 million in government assistance from the Ministè...

Airbus Ventures invests in Venus Aerospace

Airbus Ventures announces its investment in Venus Aerospace, a Houston-based hypersonic startup enabling cost-effective one-hour global transport. Joining Venus’ team of investors, Airbus Ventures will support the team in their next phase of flight-redefining growth.Venus has been awarded contracts with NASA and US Defense Agencies to accelerate the development and transition of its RDRE tec...

Return to Growth - Avolon forecasts global passenger fleet to almost double by 2042

Avolon published its World Fleet Forecast – Return to Growth – projecting trends in the commercial passenger aviation fleet out to 2042. It forecasts the fleet will almost double by 2042, growing 94% to 46,880 aircraft, underpinned by sustained growth in demand for air travel, building on the rapid recovery experienced since the pandemic. Avolon estimates...

Budget boost brings brand new LifeFlight base to Sunshine Coast

LifeFlight will build a new helicopter and jet base on the Sunshine Coast, following the announcement of more than $586 million in additional Government funding over the next ten years, for the state-wide aeromedical service. The record funding arrangement gives certainty to Queenslanders that for the next decade, the vital search, rescue and aeromedical services provided by LifeFlight will c...

French government provides a €5.6 million grant as additional funding for VoltAero Cassio electric-hybrid aircraft

VoltAero funding for the development of its Cassio 330 electric-hybrid aircraft has further increased with a €5.6 million grant from the French government via BPI France. The financing was made available through the “France 2030” investment plan, which was established by the French government with the goal of sustainably transforming key sectors of the country’s ec...

Kawasaki became strategic investor in Series B funding for Cassio electric-hybrid aircraft family

Kawasaki Motors became VoltAero strategic investor, joining Series B funding for the development, production and certification of VoltAero Cassio electric-hybrid aircraft family.This investment marks Cassio program latest milestone, uniting VoltAero and Kawasaki in a shared vision for the future of electric aviation.The Series B round marks the third funding phase for Volt...

Embraer and Azorra seal deal with Royal Jordanian Airlines for eight new E2 jets

Embraer and Azorra announced a new eight aircraft deal with Royal Jordanian Airlines. The agreement will see the introduction of both the E190-E2 and E195-E2 to the airline’s fleet. Aircraft deliveries are expected to begin in Q4 2023. The agreement covers eight commercial aircraft, four E190-E2 and four E195-E2, with a list price value of $635M. Six aircraft, four E190-E2 and two E195-...

CDB Aviation delivered China first A330 P2F on lease to Sichuan Airlines

CDB Aviation re-delivered China first-ever converted Airbus A330-300 Passenger to Freighter aircraft on lease to its customer, Sichuan Airlines. The A330 was converted by Elbe Flugzeugwerke GmbH with Shanghai Technologies Aerospace Company Limited ("STARCO") at its facilities in Shanghai Pudong, concluding EFW’s first-ever A330 P2F conversion to have taken...

airBaltic records the best result of Q1 in its history

airBaltic has started year 2023 with positive key business indicators. airBaltic has achieved EUR 105.1 million revenue, which is by 75% more than in 2022, as well as the highest ever recorded revenue in the first quarter of a year in the airline’s history. Notably, the number of carried passengers soared by 77%, compared to the first quarter of 2022. The load factor reached 7...

EIB provides €40 million for Wingcopter to scale up electric delivery drones and logistics services

The European Investment Bank will provide a €40 million quasi-equity investment into Wingcopter GmbH. Founded in 2017 in the German state of Hesse, Wingcopter’s electrically powered unmanned aircraft are already delivering goods as part of several small-scale commercial and humanitarian projects. For example, in Malawi, a joint project with UNICEF and Gesellschaft für Internat...

CDB Aviation releases inaugural Sustainability Report

CDB Aviation released its inaugural sustainability report, entitled 'Rising to the Challenge'. In 2022, CDB Aviation formed a Sustainability Working Group, which was tasked with developing a comprehensive new sustainability strategy, bringing together the lessor’s activities across the areas of Environmental, Social and Governance and defining clear actions the company...

CDB Aviation delivers first of two A321NX aircraft to Volaris

CDB Aviation announced the delivery of the first of two A321neo aircraft fitted with Airbus’ Cabin Flex (“A321NX”) to its long-standing customer, Volaris. The delivery is part of the lease agreements signed with the airline in 2021, which forms part of the 13 total number of CDB Aviation aircraft on lease to Volaris. The carrier is expected to take delivery of the second A32...

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Solairus to acquire Clay Lacy’s aircraft management & charter divisions, expanding its scale in private aviation asset management & services

Solairus Aviation announced an agreement to acquire the Aircraft Management and Charter divisions of Clay Lacy Aviation. Solairus currently manages approximately 360 aircraft from more than 100 b...

IADA White Paper of insights from leading aircraft finance experts

For decades, financing a business aircraft was often viewed as a relatively straightforward exercise. A buyer identified an aircraft, selected a lender, negotiated terms and completed the transaction....