Azerbaijan Airlines

Business Aviation

KKR, AV AirFinance | June 14, 2021

KKR, a global investment firm, announced AV AirFinance Limited, a global commercial aviation loan servicer founded by a team of seasoned industry professionals in collaboration with KKR. The new secured loan servicing platform includes stable, long-term capital with decades of experience structuring commercial aircraft loan transactions to provide unique and innovative financing options to commercial aviation clients worldwide. KKR and AV AirFinance have agreed to buy a nearly $80...

Aviation Technology

Business Wire | September 14, 2023

H2FLY, a wholly-owned subsidiary of Joby Aviation, today announced the successful completion of the world’s first piloted flight of a liquid hydrogen-powered electric aircraft. H2FLY, acquired by Joby in 2021, continues to lead the industry on the development and testing of hydrogen aviation propulsion systems. The company completed a series of piloted flights with its HY4 demons...

Air Transport

PRnewswire | April 03, 2023

Stratolaunch LLC announces it has successfully completed a third captive carry flight of the Talon-A separation test vehicle, TA-0. The flight was the tenth for the company's launch platform Roc and marks the beginning of routine flight operations in Vandenberg Space Force Base's Western Range off California's central coast. The flight, which lasted a total of five hours, performed risk reduction by practicing a variety of separation profiles and confirming telemetry...

Spirit AeroSystems | January 15, 2021

The Export-Import Bank of the United States has consented to ensure two financing bargains that will give $125 million to help aerospace work at GE Aviation and Spirit AeroSystems. One of the deals is proposed to infuse liquidity into the striving US aerospace supply chain, while the other will help Australian airline Qantas buy seven GE motors, says the bank. The ensures will "support" some 500 US occupations and help the "hard-hit aviation" are...