CDB Aviation executes US$650 million portfolio secured financing

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing) has announced on the side-lines of the Airline Economics Growth Frontiers Asia Pacific 2022 conference that the company has entered into a facility agreement for a US$650 million (£565 million) secured portfolio financing. The seven-year facility is secured with a […]

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Satair and China Eastern Airlines sign support agreement

MRO & Production

Satair, an Airbus services company and a leader in the commercial aerospace aftermarket, and Eastern Airlines Technic Co., have signed an agreement covering a selected scope of part numbers. The agreement will optimize Eastern Airlines Technic’s inventory by leveraging on the availability of local inventory in Satair’s Beijing warehouse, increasing the dispatch rate of materials

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Embraer delivers ten commercial and 23 executive jets in third quarter of 2022

Aircraft & Engines

Embraer has delivered 33 jets in the third quarter of 2022, of which ten were commercial and 23 were executive jets (15 light and eight midsize). The volume of deliveries is 10% higher compared to the 30 jets delivered in the same period in 2021, when the company delivered nine commercial and 21 executive jets.

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IAI granted European permit to fly unmanned aircraft in civil airspace

Aircraft & Engines

On the recommendation of EASA, the European Union Aviation Safety Agency, the Greek civilian aviation authority has for the first time issued a permit allowing IAI’s Heron 1 UAV to be flown in Greece’s airspace. The permit allows the system to be used in the operational activities of the European Border and Coast Guard Agency,

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Challenge Airlines MT receives AOC

Airlines & Routes

On November 2, new Maltese airline Challenge Airlines MT, received its AOC from Malta’s Civil Aviation Directorate. Challenge Airlines MT has a fleet of two B767-300ERs, both with a payload of 60 tonnes each. A pool of ten pilots is available to fly all the specific routes out of the group’s hub and Europe largest

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China Eastern and China Southern sign extended Fleet Hour Agreement with IAE for 100 P&W V2500 engines powering 50 Airbus A320ceos

Aircraft & Engines, Top Stories

China Eastern Airlines (China Eastern) and China Southern Airlines (China Southern), two of China’s largest carriers, have signed maintenance support contracts at the China International Import Expo 2022. The agreement will cover engine and component MRO including spares support as well as diagnostics and engine monitoring for over 100 Pratt & Whitney V2500 engines that

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FAI Aviation Group anticipates record sales for 2022

Financial

FAI Aviation Group, one of the leading global providers of mission-critical aviation services anticipates record sales across the business for 2022, with consolidated group revenues of more than €120 million (£104 million). Revenues for charter and MRO have each increased by more than 30% compared with the same time last year. This latest news comes as

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NAC executes purchase-and-lease-back agreement for two A321neos and two ATR72-600s with IndiGo

Aircraft & Engines

Nordic Aviation Capital (NAC) has confirmed that it has executed a purchase-lease-back agreement for two A321neos and two ATR72-600s with IndiGo. IndiGo is India’s largest passenger airline serving 74 domestic and 26 International destinations.

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Air New Zealand launches ambitious programme for zero-emissions aircraft

Other News

Air New Zealand has announced Mission Next Generation Aircraft – an accelerator programme to progress two ambitious goals: firstly, to fly its first commercial demonstrator flight from 2026 and secondly to begin replacing its Q300 domestic fleet with a more sustainable aircraft – likely green hydrogen or battery hybrid systems – from 2030. These goals follow the

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Gulfstream delivers G600 to Thrive Aviation

Aircraft & Engines

Gulfstream Aerospace Corp. today announced it has delivered a Gulfstream G600 to private jet charter company Thrive Aviation. The addition of the next-generation Gulfstream aircraft marks Thrive’s expansion into the long-range, on-demand private charter market. This G600, designed and built in Gulfstream’s advanced manufacturing facility at its worldwide headquarters in Savannah, was outfitted at Gulfstream’s

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CDB Aviation executes US$650 million portfolio secured financing

Satair and China Eastern Airlines sign support agreement

Embraer delivers ten commercial and 23 executive jets in third quarter of 2022

IAI granted European permit to fly unmanned aircraft in civil airspace

Challenge Airlines MT receives AOC

China Eastern and China Southern sign extended Fleet Hour Agreement with IAE for 100 P&W V2500 engines powering 50 Airbus A320ceos

FAI Aviation Group anticipates record sales for 2022

NAC executes purchase-and-lease-back agreement for two A321neos and two ATR72-600s with IndiGo

Air New Zealand launches ambitious programme for zero-emissions aircraft

Gulfstream delivers G600 to Thrive Aviation

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