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Aviation Technology
United Airlines | November 16, 2022
Today, United Airlines Ventures (UAV) announced a strategic investment in NEXT Renewable Fuels (NEXT), which is permitting a flagship biofuel refinery in Port Westward, Oregon, with expected production beginning in 2026. NEXT is a Houston-based company developing the biorefinery which, at full production, could produce up to 50,000 barrels per day of Sustainable Aviation Fuel (SAF), renewable diesel, and other renewable fuels. UAV could invest as much as $37.5 million into NEXT, as long as the c...
United Airlines | July 30, 2020
United Airlines on Thursday warned it may need to furlough more pilots than previously expected as a significant rebound in travel demand remains distant. The terms of a federal bailout that provided $25 billion to passenger airlines and $7 billion to cargo airlines and contractors prohibits them from cutting jobs or pay rates until Oct. 1. But carriers are now warning their workers about potential cuts this fall, urging them to take voluntary time off or buyout agreements to slash costs....
Air Transport
CDB Aviation | February 14, 2023
CDB Aviation is an innovative aircraft fleet financing solutions provider, an Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. The company recently announced the lessor delivered two Boeing 737-800 aircraft to Neos S.p.A. as a new customer based in Milan. Neos, which provides services from Italy and Europe to the Americas, Asia, and Africa, intends to deploy the two single-class-equipped aircraft on intra-European and intercontinental routes. It flies Boein...
Business Aviation
Lufthansa Technik | September 01, 2022
Contract intelligence company Icertis announced that Lufthansa Technik AG, the aircraft maintenance business of the Lufthansa Group, has selected Icertis Contract Intelligence (ICI) as its enterprise-wide contract lifecycle management (CLM) solution. The company plans to integrate the Icertis platform with its existing SAP CX solution to strengthen sales and improve compliance, risk management, and efficiency. Lufthansa Technik joins a growing list of companies in the aviation space, including s...
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