Braathens International Airways AB (Braathens) has been forced to file for bankruptcy in relation to its Airbus operations after efforts to secure fresh financing failed. The decision, taken by the company’s Board of Directors, was filed at the Stockholm District Court and affects both Braathens International Airways AB and Braathens Crew AB. All flights with […]
Braathens files for bankruptcy for its Airbus operations Read More »
Willis Lease Finance Corporation (WLFC) has appointed Pascal Picano as Senior Vice President, Aircraft Leasing & Trading. Effective immediately, Picano will report directly to Chief Executive Officer Austin C. Willis and collaborate closely with Marc Pierpoint, Senior Vice President and Head of Trading & Investments, as the company sharpens its focus on portfolio expansion and
WLFC strengthens leadership team with Pascal Picano Read More »
Beyond Aero, a pioneer in hydrogen-electric propulsion for business aviation, has achieved Technology Readiness Level 6 (TRL6) for its hydrogen-electric powered aircraft. The milestone has been validated through a full-scale propulsion system test campaign in a representative environment, marking the transition from laboratory research to industrial viability. The demonstration took place at the company’s newly
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Aviation experts Bryson Monteleone, founder of BPMaero LLC and formerly with PwC Ireland, and Philip Carey, founder of Engage Aviation, have partnered to launch BRAVODELTA Aero-Ops (BRAVODELTA). The new venture will specialise in providing strategic transactional support for complex aircraft trades often considered challenging within the market. With more than three decades of combined advisory
Industry veterans launch BRAVODELTA Aero-Ops Read More »
Conflux Technology (Conflux) has joined Airbus’ ZEROe project with the development of a new heat exchanger for hydrogen-electric propulsion. The component has been created using additive manufacturing and is currently undergoing a readiness assessment. It plays a vital role in thermal regulation within megawatt-class fuel cell systems. Hydrogen fuel cells generate large amounts of heat.
Conflux develops heat exchanger for Airbus’ ZEROe project Read More »
Spirit Aviation Holdings, Inc., the parent of Spirit Airlines, is pressing forward with its Chapter 11 restructuring efforts, setting out a series of measures designed to stabilise operations and reshape the airline for the years ahead. Speaking before the U.S. Bankruptcy Court for the Southern District of New York, the company detailed fresh financing arrangements,
Spirit Airlines secures US$475 million financing package to drive restructuring Read More »
