Kenya Civil Aviation Authority

Air Transport

PRnewswire | March 31, 2023

SpeedBird, a leading luxury private air travel provider based in Orlando, Florida, is excited to announce its forthcoming merger with Northern Jet Management (NJM), the Midwest's largest and most trusted provider of private jet services. This move brings together two talented teams and increases the combined company's fleet to accelerate expansion to more destinations throughout the United States and internationally. The pending transaction, which will close in second quarter 2023,...

Aerospace

Boeing | November 14, 2022

Boeing and Silk Way West Airlines have finalized an order of two 777-8 Freighters, with options for two additional airplanes. The two companies announced the agreement at a signing ceremony today at Boeing Commercial Airplanes' Seattle Delivery Center. The Azerbaijani cargo carrier, which serves 40 destinations around the world, is the first customer in the Eurasia region to order the industry's newest, most capable and most fuel-efficient twin-engine freighter. The order was previously ...

Defense and Space

Raytheon Technologies | July 28, 2022

Raytheon Technologies' corporate venture capital group, RTX Ventures, signed an agreement to invest in VerdeGo Aero to accelerate the development of hybrid-electric propulsion technologies for advanced air mobility applications. This investment will also provide opportunities for VerdeGo Aero to collaborate with Pratt & Whitney on future product development. Established in 2017, the Daytona Beach, Fla.-based company specializes in delivering powerplants that efficiently co...

Grupo Aeromexico | September 22, 2020

Grupo Aeroméxico, S.A.B. de C.V. today announced that the Company received approval by the United States Bankruptcy Court for the Southern District of New York to modify the majority of its existing aircraft equipment leases into power by the hour agreements ("PBH Agreements") that will substantially reduce Aeromexico's monthly aircraft and engine costs for the duration of the PBH period. PBH Agreements allow for Aeromexico to reset monthly lease costs based on utilization o...