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Aviation Technology
Boeing | January 27, 2022
Boeing [NYSE: BA] and China Airlines today announced the Taiwan flag carrier has ordered four 777 Freighters, adding to its extensive fleet of Boeing airplanes. Valued at $1.4 billion at list prices, the order will enable the airline to capture new market opportunities as global air cargo demand continues to grow. "The 777 Freighter has played a critical role in our efforts to maintain profitability during the pandemic, and these additional airplanes will be an ...
Commercial Aviation
avolon | August 22, 2022
Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft. The transaction comprises the placement of 10 A330neo aircraft from Avolon’s orderbook and 10 A330neo aircraft to be acquired from MAG via sale and leaseback.The aircraft will deliver from 2024 onwards and be powered by Rolls-Royce engines. Avolon has a longstanding relationship with MAG ...
Aerospace
Eviation Aircraft | October 20, 2022
Eviation Aircraft, a manufacturer of all-electric aircraft, today announced that Germany-based EVIA AERO, which is developing a sustainable regional airline, has signed a Letter of Intent (LOI) for 25 all-electric commuter Alice aircraft. The airline intends to enter into service with Alice as its primary aircraft for point-to-point, sustainable regional travel within Germany, Denmark, Belgium, Austria and the Netherlands. The deal follows Eviation's historic first flight of the Eviation Ali...
Air Transport
Universal Hydrogen | February 09, 2023
Universal Hydrogen Co., with its mission to bring hydrogen aviation to the aviation world, recently announced it was awarded a certificate of special airworthiness in the experimental classification by the (FAA) Federal Aviation Administration to proceed with its hydrogen-powered first flight. In addition, the company also released video footage of bringing out the first aircraft taxi test success. It was designed to evaluate the ground handling qualities and the execution of the fuel-cell...
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