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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...
Buying Business Travel | February 14, 2020
Delta Air Lines has announced it will commit US$1 billion over the next decade as part of its goal to mitigate all emissions from its global business in the future. The carrier said it will invest in driving innovation, advancing clean air travel technologies, accelerating the reduction of carbon emissions and waste, and establishing new projects to mitigate the balance of emissions....
Business Aviation, Commercial Aviation, Aviation Technology
PR Newswire | January 30, 2024
CDPQ, a global investment group, and SMBC Aviation Capital, the world's second largest aircraft leasing company, announced today that they have finalized an agreement to create a USD 1.5-billion global aircraft financing and leasing platform dedicated to modern, fuel-efficient NextGen aircraft. This new platform will focus on worldwide opportunities in new technology aircraft and target an initial deployment of USD 500 million per year, over three years. SMBC Aviation Capita...
Aviation Technology
CAE, Jaunt Air Mobility | May 13, 2021
CAE confirmed recently that Jaunt Air Mobility has chosen to lead the design and development of the Jaunt Aircraft Systems Integration Lab (JASIL) for the company's latest all-electric vertical take-off and landing (eVTOL) aircraft, the Journey. CAE will collaborate with Jaunt to add best-in-class simulation and modeling to the aircraft development program from the start, leveraging CAE's 70+ years of experience in high-fidelity simulation. The Jaunt Journey's certific...
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