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Boom Supersonic Closes $100 Million to Develop its Mach-2.2 Airliner

Boom Supersonic has closed a $100 million Series B investment round, bringing total funding to over $141 million. Investors, led by Emerson Collective, include Y Combinator Continuity, Caffeinated Capital, and SV Angel as well as founders and early backers of transformativecompanies like Google...

Acquisition Of 5.00% Of China Southern Airlines by Qatar Airways

Qatar Airways Group Q.C.S.C. announced that as part of its strategy to invest in the strongest airlines around the world and continue enhancing operations and network connectivity, on 28 December 2018, it has completed an on-market purchase of certain A shares and H shares of China Southern Airlines...


Second brand-new Boeing 737 to the Chinese carrier delivered by AviaAM Leasing’s Joint Venture

AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing, reconfiguration and trading services, has announced that its Joint Venture company with the state-owned company Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has recently delivered its second brand-new Boeing 737-800 aircraft to the Chinese custome...

TAT Group enters into exclusive negotiations with Sagard, BPI France and Towerbrook funds for the acquisition of Sabena technics’ capital

TAT Group entered into exclusive negotiations with the investment companies Sagard, Bpifrance and TowerBrook in order to sell them its majority interest in its subsidiary Sabena technics, one of the European leaders in the field of aircraft maintenance and modification. This project was presented on December 17, 2018 to all Sabena technics Group’ s works councils. The sale should be final...

AviaAM Leasing consults business-carrier on acquisition and reconfiguration of three Boeing 737-500

AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing, reconfiguration and trading services, has announced stepping into the consulting and advisory project of three Boeing 737-500 with European-based VIP charter company KlasJet.  Within the project frame, AviaAM Leasing is taking the responsibility of providing full-scale consultancy and advisory services...

Boeing Forecasts Continued Health and Growth for Aircraft Financing in 2019

Financing industry to provide approximately $143 billion in aircraft funding in 2019 Financing requirements to grow to more than $180 billion over next five years Funding continues to be balanced, diversified and global  Growing number of new participants attracted by strong commercial aviation industry Boeing anticipates stable growth and broad, diversified funding will cont...

Safran shareholders meeting approves the merger of Zodiac Aerospace into Safran with 99.88% voting in favor

Safran's (Euronext Paris: SAF) shareholders were invited to consider mainly the plan to merge Zodiac Aerospace into Safran at a meeting on November 27, 2018. All the resolutions submitted to the shareholders' vote were approved. Following presentations by Safran of the merger plan and notably the reports of the merger appraisers concluding that the exchange ratio is fair, the shareholde...

Air Lease Corporation takes delivery of its first U.S.-manufactured A321 aircraft

Air Lease Corporation (ALC) has taken delivery of its first U.S.-produced A321. The aircraft, delivered from the Airbus U.S. Manufacturing Facility in Mobile, Alabama, will be leased to Denver-based Frontier Airlines and features Xavier the Mountain Goat on its vertical tail and Sharklets. The aircraft is also the first U.S.-made A321ceo to enter Frontier’s fleet. The airline has previously...

CDB Aviation and Evelop Airlines Sign Lease Agreement for One A330-300 Aircraft

CDB Aviation announced that the company entered into a lease agreement with Palma de Mallorca-based Evelop Airlines (“Evelop”), covering one Airbus A330-300 aircraft.  “We are pleased to welcome our new customer, Evelop Airlines, to CDB Aviation’s rapidly expanding European customer base,” said CDB Aviation Chief Commercial Officer Patrick Hannigan. &ldqu...

BigBlank, the startup studio dedicated to creating the travel of tomorrow

BigBlank plans to launch its first startup by Q1 2019, thanks to unprecedented expertise and resources Created in June 2018, BigBlank, the startup studio dedicated to tomorrow’s travel and travellers, unveils its business operations. With a core team of 12 people - travel experts and entrepreneurs - BigBlank aims at launching startups that will redefine travel as we know it. A startup...

ExecuJet celebrates strong Q4 in Europe with extended fleet

ExecuJet, part of the Luxaviation Group, is celebrating a strong conclusion to 2018 with the signing of four new aircraft in Europe.  The business aviation operator has engaged the management of a Bombardier Challenger 605 and an Embraer Phenom 300, both available for full charter services through ExecuJet. It has also signed an Embraer Legacy 600 and a Bombardier Global 6000, to be pr...

Airspace Technologies Raises $20 Million Series B Led by Scale Venture Partners

Airspace Technologies, the company that is digitizing air cargo and time-critical logistics, announced today that it has raised $20 million in Series B funding to expand globally and accelerate its next-generation delivery network and enterprise software platform. The round was led by Scale Venture Partners with participation from existing investors Qualcomm Ventures, Defy.vc,...

CDB Aviation Takes Delivery of Its 100th A320 Family Aircraft from Airbus

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the company took delivery of its 100th Airbus A320 Family aircraft. The A320neo aircraft, which will be operated by India’s low-cost carrier Go Airlines Ltd. (“GoAir”), is part of a purchase and leaseback agreement signed with the car...

Bristow Group To Combine With Columbia Helicopters In A $560 Million Transaction

Bristow Group Inc., the leading provider of global industrial aviation services, announced that it has signed a definitive agreement to combine with privately-held Columbia Helicopters, Inc. ("Columbia") for $560 million. Columbia will be designated as an unrestricted subsidiary under the Columbia name and air operating certificate (AOC).  Bristow ex...

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FACC increases sales, earnings below prior-year quarter

FACC AG started 2019 with a slight increase in revenues, but a decline in profits. Compared to the previous year, Group revenues increased moderately by 2.2 % to EUR 193.7 million in the first quarter...