CDB Aviation signs facility agreement for US$530 million unsecured syndicated term loan

Financial

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has signed a US$530 million (£434 million) unsecured syndicated term loan with BNP Paribas and a group of leading global financial institutions. The facility was led by BNP Paribas as agent with funding from such leading aviation lenders as: BNP […]

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ACG selects Pratt & Whitney GTF™ engines to power up to 60 more Airbus aircraft

Aircraft & Engines

Pratt & Whitney has announced that aircraft leasing company Aviation Capital Group (ACG) has selected 20 firm GTF-powered Airbus A220 aircraft and also selected GTF engines to power an additional 20 firm and 20 option A320neo- family aircraft. This brings ACG’s total to date to 80 firm and 27 option GTF-powered aircraft. ACG owns, manages

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China has lifted its ban on the delivery of Boeing aircraft to domestic airlines

China Eastern Airlines looks to raise US$2.2 bn through share sale

Financial, Top Stories

China Eastern Airlines, China’s second-largest carrier by passenger numbers has announced in a filing to the Shanghai Stock Exchange that it is looking to raise US$2.23 billion through a share sale. The revenue raised will be divided between asset acquisitions and increasing working capital. Approximately US$1.78 billion will be used to fund the acquisition of

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GIG boosts regional cargo services in Nigeria with order for two ATR 72 freighters

Aircraft & Engines

Regional turboprop manufacturer, ATR, has signed an agreement for the acquisition of two ATR 72-500 freighters from its asset management portfolio to GIG Aviation, a subsidiary of GIG Group. The ATR 72-500s will initiate GIG Aviation’s journey as a freighter airline. The ATR freighters will help GIG Logistics expand its network in Africa to meet

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Airbus and MAGicAll team up to develop electric motors for CityAirbus NextGen

Aircraft & Engines

Airbus has selected MAGicALL to supply the motors of the electric vertical take-off and landing (eVTOL) aircraft CityAirbus NextGen. Airbus’ eVTOL prototype will be equipped with a tailored version of the MAGiDRIVE, the newest generation of electric motors manufactured by MAGicALL. The detailed customisation of CityAirbus NextGen’s electric propulsion system will enable the prototype to

Airbus and MAGicAll team up to develop electric motors for CityAirbus NextGen Read More »

Eve Holding begins trading on the New York Stock Exchange under “EVEX”

Financial

Eve Holding has announced that its common stock and warrants have begun trading on the New York Stock Exchange (NYSE) on May 10, under the ticker symbols “EVEX” and “EVEXW”, respectively. The public listing follows the completion of a business combination between Zanite and EVE UAM, a leader in the development of next-generation Urban Air

Eve Holding begins trading on the New York Stock Exchange under “EVEX” Read More »

Airbus A320ceo/neo full-flight simulator ready for training at BAA Training Spain

Uncategorized

One more Full-Flight Simulator (FFS) upgraded with the recent Airbus Std. 2.0, Airbus A320ceo/neo, has passed final acceptance tests and initial evaluation and is now declared “Ready for Training” (RFT) at BAA Training Spain in Barcelona. This Level-D full-scope flight compartment replica equipped with two ceo and two neo engine types was manufactured by L3Harris

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Aviator signs new contract with Icelandic low-cost carrier PLAY

Other News

Aviator Airport Alliance, a full-range provider of aviation services at 15 airports across the Nordics and a family member of Avia Solutions Group, has signed a new contract with PLAY, an Icelandic low-cost carrier. Under the new partnership, Aviator Airport Alliance will provide PLAY with ground handling and de-icing services at two stations in Norway

Aviator signs new contract with Icelandic low-cost carrier PLAY Read More »

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