29 September 2022

Embraer’s Eve and BLADE India announce partnership for Indian UAM ecosystem development

FlyBlade India (BLADE India) is a joint venture involving Hunch Ventures, a privately held New Delhi investment firm and BLADE India, an offshoot of Blade, the technology-powered urban air mobility (UAM) platform while Eve is an accelerated start-up for the UAM ecosystem backed by Brazilian planemaker Embraer. The two have announced a joint venture whereby …

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Air India and Willis Lease Finance ink multiple ConstantThrust® engine sales and leasebacks

Air India has signed definitive sale-and-leaseback agreements with Willis Lease Finance (Willis Lease) for 34 CFM56-5B engines installed on its Airbus A320-family fleet. The engines will be covered under Willis Lease’s ConstantThrust® programme, which will deliver significant reliability and cost savings versus a traditional MRO shop visit programme. This is the first ConstantThrust® sale-and-leaseback agreement …

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China Airlines selects Boeing 787 to expand global network and cargo capacity

Boeing and China Airlines have finalised an order for up to 24 Boeing 787 Dreamliners, as the carrier invests in the fuel-efficient wide-body jet to expand passenger and cargo operations. The deal includes a firm order for 16 of the longest-range 787-9s with options for eight additional jets, a landmark purchase that will enable the …

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AFG Aviation Ireland completes acquisition of Boeing 757-200F aircraft

On 28 September 2022 AFG Aviation Ireland Limited, a wholly-owned subsidiary of Aircraft Finance Germany GmbH (Germany), completed the acquisition of one Boeing 757-200F aircraft bearing MSN 25622, as well as one Rolls-Royce RB211 engine with ESN 30512 from a subsidiary of ASL Aviation Holdings DAC (Ireland) for its customer Airline Geo Sky (Tbilisi, Georgia). …

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Finnair starts change negotiations, estimates 200 jobs could be reduced globally

Finnair starts change negotiations with its employees to discuss plans to re-organise the company through personnel redundancies and changing job descriptions. The plan is linked to Finnair’s new strategy which focuses on restoring Finnair’s profitability. The plan targets to build Finnair’s different functions to meet the size of the company and the changes in Finnair’s …

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CargoAi launches industry-first CO2 efficiency score in its Cargo2ZERO solution

With its real-time Cargo2ZERO suite of solutions and new CO2 efficiency score, CargoAi responds to growing market needs for greater visibility regarding CO2 emissions and enables freight forwarders to make informed green choices when booking online as well as to engage in data-driven conversations with its own customers. “Only if targets can be measured, can …

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