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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...
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 ...
China’s civil aviation regulator | June 03, 2020
Beijing will allow limited flights by international carriers to resume after the White House threatened to block Chinese passenger jets from flying to the U.S. The Chinese authorities on Thursday appeared to retreat partially from an escalating dispute with the United States over air travel between the two countries, announcing that foreign airlines would be allowed to operate one flight per week in Chinese cities.
The announcement, from China’s civil aviation regulator, followed th...
LIFE FLIGHT NETWORK | January 19, 2022
Life Flight Network, the nation's largest not-for-profit air ambulance provider, announced the addition of a helicopter critical care transport base in Coeur d'Alene, Idaho. This new service will augment existing helicopter and fixed-wing services in north-central Idaho, eastern Washington, and western Montana. The new helicopter base, slated to open this spring, will serve as a standalone base of operations with dedicated pilots, mechanics, nurses, and paramedics.
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