CHI Aviation

Aviation Technology

CMSI | February 23, 2022

Crystal Mover Services Inc. (CMSI), a joint venture between Sumitomo Corporation of Americas, Sumitomo Corporation and Mitsubishi Heavy Industries America (MHIA), has successfully renewed a contract with the Miami-Dade Aviation Department (MDAD) for O&M of the Skytrain Automated People Mover (APM) system serving the North Terminal (Concourse D) at Miami International Airport (MIA). The contract covers a 5-year period commencing January 2022, with an option extendable up to a further 5 years....

Business Aviation

Born2Global Centre | June 07, 2022

PABLO AIR a member of the Born2Global Centre, announced on May 11 that it had launched a consortium with LG Uplus, Jeju Air, GS Caltex, Kakao Mobility, and Vertical Aerospace to commercialize K-UAM and signed a business agreement to participate in the Korean government's "Korea Urban Air Mobility Grand Challenge." Through the agreement, PABLO AIR is partnering with leading mobility technology companies to enter the Urban Air Mobility (UAM) market in earnest, which al...

Aviation Technology

Aviation Capital Group | March 17, 2022

Aviation Capital Group LLC (“ACG”) announced the delivery of one new Boeing 737-8 MAX aircraft on long-term lease to Icelandair. This Boeing 737 MAX aircraft, powered by CFM International’s LEAP-1B engines, is part of a multi-aircraft transaction between ACG and the airline. “With this delivery, we are delighted to complete the purchase and leaseback of two Boeing 737-8 MAX aircraft and the long-term financing through ACG’s Aircraft Financing Solution...

TheHill | March 23, 2020

Two major U.S. aviation companies on Monday announced drastic measures as the coronavirus pandemic continues to sweep the globe and hammer economic markets. Boeing said it was suspending airplane production in the Seattle area for 14 days beginning on March 25. The shutdown will take place at “sites across the Puget Sound area,” where roughly 70,000 employees work to build such aircraft as the Air Force’s KC-46 aerial refueling tanker and Navy’s P-8 Poseidon submarine hun...