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cbd aviation | September 07, 2022
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of one Airbus A320neo to Turkish Airlines, the flag carrier of Türkiye. The transaction marks the introduction of the inaugural A320neo to the carrier’s fleet. “We are delighted to be leasing Turkish Airlines’ first A320neo, which will contribute toward growing and modernizing the carrier’s flight operations ...
Mitsubishi | June 02, 2020
The Mitsubishi Aircraft SpaceJet program has halted all flight testing worldwide and is winding down production to zero. The company said it must first meet cost targets and then work out a plan to get a type certificate (TC). Only after the regional jet is declared airworthy will the resumption of manufacturing be considered. Staffing at the home of the program in Nagoya, Japan, will be reduced, Mitsubishi Aircraft said, briefly outlining its plans to Aviation Daily.
Despite the retrench...
Alder Fuels; Avfuel | June 20, 2022
Avfuel Corporation announced a multimillion-dollar investment in Alder Fuels—a clean tech company pioneering first-of-its-kind technologies for producing sustainable aviation fuel (SAF) at scale.
Avfuel is making the investment through its subsidiary, Avfuel Technology Initiatives Corporation.
Alder Fuels converts abundant biomass, such as regenerative grasses and forest and agricultural residues, into sustainable, low-carbon crude oil that replaces fossil cru...
Wheels Up | January 28, 2022
Wheels Up Experience Inc. (NYSE: UP), the leading brand in private aviation, today announced it has reached an agreement to acquire Air Partner PLC (LSE: AIR), a U.K.-based global aviation services group with operations in 18 locations and across four continents. Under the terms of the transaction, Wheels Up will acquire the entire issued and to be issued ordinary share capital of Air Partner for 125 pence per share, equivalent to an enterprise value of approximately $107 million. The acquisitio...
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