CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co. (CDB Leasing), has released that aviation industry veteran Patrick Hannigan has been named the company’s new Chief Executive Officer, taking the helm at a pivotal time in the lessor’s robust development, with the goal of furthering its growth momentum. Hannigan, who […]
Patrick Hannigan to take the helm at CDB Aviation Read More »
Shell Aviation and World Energy have announced a collaboration to develop a scalable supply of sustainable aviation fuel (SAF). The agreement is intended to be a multi-year collaboration, with both companies acknowledging that the path to lower carbon emissions in aviation requires long-term commitment and collaboration. As part of the collaboration, Shell Aviation and World
EDM, a leading global provider of training simulators to the civil aviation and defense sectors, has announced that its team successfully completed a project with All Nippon Airways (ANA), having installed its high-fidelity B777 Cabin Emergency Evacuation Trainer (CEET) at ANA’s new state-of-the-art training center called ANA Blue Base. Following the news that EDM has
EDM completes B777 CEET project with All Nippon Airways Read More »
In December 2019, Finnair experienced strong demand and carried 1,154,000 passengers, 11.7% more than in the corresponding period of 2018. The overall capacity increased in December by 12.3%. Finnair’s traffic increased by 13.5%, and the passenger load factor increased year-on-year by 0.8% points to 77.2%.
Finnair’s overall traffic up 13.5% in December Read More »
BOC Aviation has ordered 20 new Airbus A320neo aircraft. A minimum of ten and up to 12 of these A320neo aircraft have been committed for lease to Avianca S.A. (Avianca) based in Bogota, Colombia. “We are delighted to establish a relationship with BOC Aviation, who are one of the world’s foremost lessors, and we sincerely
BOC Aviation orders 20 Airbus A320neo aircraft Read More »
Dumont Aviation Group has announced that, with its most recent purchase on December 23, 2019, it has completed its program of purchasing 27 Falcon 2000 aircraft from a large fractional operator. The Falcon 2000 program started in 2018 when Dumont purchased its first Falcon 2000 and continued through 2019 and concluded with its Dec. 23
Dumont Aviation Group completes Falcon 2000 purchase program Read More »
Though not strapped for cash with approximately US$20 billion currently available based on third-quarter figures, Boeing is considering increasing its debt in light of ongoing 737 MAX problems, according to the Wall Street Journal. With failure to see the stricken 737 MAX back in service after two fatal crashes, Boeing has decided to halt production
Boeing looking to raise up to US$5 billion in debt to mitigate 737 MAX problems Read More »
Pratt & Whitney has announced that Carroll Lane has assumed the role of President of the company’s Commercial Engines business, reporting to Pratt & Whitney President Christopher Calio. Lane succeeds Chris Calio in this role, who was named President of Pratt & Whitney last year, with an effective date of January 1, 2020, succeeding Bob
Pratt & Whitney names Carroll Lane President of Commercial Engines Read More »
AerSale Component Solutions, a division of AerSale, has received approval from the Federal Aviation Administration (FAA) to overhaul Boeing 737, 757, and 767 series aircraft landing gear. FAA approval to overhaul landing gear for the Airbus A320 family of aircraft is expected in the coming months. “We are committed to providing our customers with a
AerSale Component Solutions receives FAA approval to overhaul landing gear Read More »
Jet Parts Engineering (JPE), a leading PMA parts supplier, has reported the acquisition of Aero Parts Mart (APM). APM is a Fort Worth, TX-based engineering design company that provides cost-savings solutions through the design, production, and distribution of products to the regional segment of the aviation industry. “It was critical that I find the right
Jet Parts Engineering acquires Aero Parts Mart Read More »
