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EHang added to FTSE Russell Global Equity Index Series

EHang Holdings Limited  announces that the Company’s stock will be added as a constituent of the FTSE Russell Global Equity Index Series, following FTSE's most recent semi-annual review. The inclusions in the three indexes listed below will become effective after the close of business...

Griffin Global Asset Management orders five Boeing 737-8 jets

Boeing and Griffin Global Asset Management announced the aircraft lessor is expanding its commercial aircraft portfolio with five new 737-8 jets. The purchase is Griffin’s first direct order with Boeing as it sees strategic opportunities to place the airplanes during the market recovery. &l...


Tamarack Aerospace Group exits voluntary bankruptcy and keeps growing

The U.S. Bankruptcy Court for the Eastern District of Washington has granted a Final Decree in the Tamarack Chapter 11 voluntary reorganization, closing the bankruptcy case as the Active Winglet company continues to grow operations and fill orders for its sustainable performance and safety enhancing technology.  This Final Decree ends a bankruptcy proceeding that began June of 2019, after Tam...

CDB Aviation and Volaris agree to sale and leaseback of 4 new A320neo aircraft

CDB Aviation announced the signing of a new agreement with Mexico’s number one airline, Controladora Vuela Compañía de Aviación, for the sale and leaseback of four new Airbus A320neo aircraft. The aircraft, two of which are scheduled to deliver to Volaris by October 2021, with the remaining two expected to arrive by May 2022, are leased on a long-term basis, brin...

Lilium announces plan for $1 billion commercial deal & strategic alliance with leading Brazilian airline Azul

Lilium GmbH intends to enter into a $1 billion commercial deal and strategic alliance with leading Brazilian airline Azul S.A . It also announced the appointment of Gabrielle Toledano and Henri Courpron to the Board of Directors of Lilium N.V. upon completion of Lilium's business combination with Qell Acquisition Corp. These announcements coincide with Lilium's...

Airbus reports Half-Year 2021 results

Airbus SE reported consolidated financial results for the Half-Year (H1) ended 30 June 2021. “These half-year results reflect the commercial aircraft deliveries, our focus on cost containment and competitiveness, and the good performance in Helicopters and Defence and Space. Although the COVID-19 pandemic continues, the numerous actions taken by the teams have delivered a strong H1...

BAA Training secures €31 million financing for its global expansion

BAA Training announced it will be getting financing for its global expansion provided by UK Export Finance (UKEF) and US Apple Bank for Savings. Two companies belonging to Avia Solutions Group (ASG) - BAA Training and ASG Asset Management - were involved in signing the historic agreements with the leading financial institutions.   The €31 million worth deal is one of the most signi...

Pula Aviation acquires a shareholding in Pambele Aviation

Pula Aviation Services Ltd has acquired a shareholding in Johannesburg, South Africa based Air Charter Company, Pambele Aviation. Pambele Aviation provides fully managed air charter services throughout southern Africa including Botswana, RSA, Mozambique and Namibia. In announcing the transaction, Pula Aviation’s Managing Director, Nick Brown explained: “The Pula Group owns a...

Deutsche Post DHL Group record quarterly earnings and once again corona bonus for employees

All divisions achieved a significant jump in earnings All divisions significantly exceeded the previous year's results. Network capacity utilization was constantly high in the second quarter 2021. B2C shipment volumes remained ahead of last year in all networks, while the recovery in the B2B businesses continued to gain momentum. At the same time the tight capacity situation both in Ocean a...

AELIS Group signs a Letter of Intent with AURA AERO for the purchase of 10 INTEGRAL E

AELIS Group, the aviation financing and leasing specialist, has just signed a Letter of Intent for the purchase of ten INTEGRAL E aircraft and an optional ten extra aircraft. Headquartered in Slovakia, AELIS Group offers investment solutions across the world for aircraft owners, operators and investors. AELIS Group has developed a recognized expertise in regional and business aviation. T...

World largest eVTOL aircraft order

Avolon and Vertical Aerospace announced a ground-breaking US$2 billion order for up to 500 electric eVTOL aircraft. This agreement, which is subject to certain closing conditions, will introduce the ultra-short-haul aircraft category to commercial aviation, a game changing development that will revolutionise air travel with zero emissions aircraft.The agreement will combine Avolon’...

JetEdge International announced $150M investment from KKR

JetEdge and KKR, a leading global investment firm, announced that credit funds and accounts managed by KKR have agreed to provide a credit facility of up to $150 million to Jet Edge. The funding will be used to support the acceleration of the Company’s broad infrastructure, digital initiatives, Reserve membership, and comes as Jet Edge rolls out its AdvantEdge charter manageme...

Q1 2021 at Riga Airport - 108 thousand passengers & turnover of EUR 4.3 Million

According to the Airport's unaudited interim report for the first quarter of the year, the impact of the Covid-19 pandemic on the operation of Riga Airport in the first quarter of 2021 remained high, with the Airport operating with a turnover of EUR 4.3 million, which is 14% less than originally planned.  A total of 108 thousand passengers were served at the Airport in the first thre...

CDB Aviation agrees first-ever lease for two A330-300 P2F aircraft with Mexico MasAir

CDB Aviation and its newest customer in the Americas, Mexico-based MasAir, have agreed to a long-term lease for two A330-300 P2F, marking the lessor’s first leasing transaction with an airline operator for the next generation A330 P2F freighter. The A330 P2Fs on long-term lease to its newest customer in the Americas represent the first two positions from CDB Aviation’s agreement w...

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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...