8 July 2022

Aurora to build two new motherships for Virgin Galactic

Virgin Galactic, an aerospace and space travel company, has announced an agreement with Aurora Flight Sciences (Aurora), a Boeing company, to partner in the design and manufacture of the company’s next-generation motherships. The mothership is the air launch carrier aircraft in Virgin Galactic’s space flight system that carries the spaceship to its release altitude of

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NAC signs lease agreements with Olympic Airways and LOT Polish Airlines

Nordic Aviation Capital (NAC) has executed a lease agreement for seven E175/E190 aircraft with LOT Polish Airlines, which is the flag carrier of Poland, based in Warsaw. These deliveries were in conjunction with a fleet roll-over of leased Q400 aircraft. Furthermore, NAC has confirmed that it has executed a lease agreement for four ATR72-600’s with Olympic

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SITA signs sustainability-linked syndicated credit facility

SITA, a global IT provider for the aviation industry, has signed a US$400 million (£320 million) inaugural sustainability-linked revolving credit facility over a minimum three-year term. The backup facility will support the company’s general business needs, such as developing new solutions and strategies to alleviate the air transport industry’s challenges of today and in the

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