MHI Canada Aerospace

AVIATION TECHNOLOGY

United Airlines | November 16, 2022

Today, United Airlines Ventures (UAV) announced a strategic investment in NEXT Renewable Fuels (NEXT), which is permitting a flagship biofuel refinery in Port Westward, Oregon, with expected production beginning in 2026. NEXT is a Houston-based company developing the biorefinery which, at full production, could produce up to 50,000 barrels per day of Sustainable Aviation Fuel (SAF), renewable diesel, and other renewable fuels. UAV could invest as much as $37.5 million into NEXT, as long as the c...

AVIATION TECHNOLOGY

LeaseWorks | October 04, 2021

LeaseWorks®, a leading provider of cloud-based solutions and support services to the aviation industry, kicking off its presence at the ISTAT EMEA conference held in Edinburgh, U.K., announced the launch customer, FTAI Aviation, a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI), for its recently rolled out Aeris Portal™. The new software product that digitally transforms the ways in which lessors collaborate and exchange information wi...

AVIATION TECHNOLOGY

Stratolaunch | June 17, 2022

Stratolaunch announces the completion of its seventh flight test of Roc, the world's largest flying aircraft. The aircraft flew for 3 hours and 1 minute over the Mojave Desert and reached an altitude of 27,000 feet a new altitude record for the aircraft. The seventh flight focused on continuing Roc's flight envelope expansion with the recent addition of the pylon on the aircraft's center wing. Test objectives included Demonstration of increased ma...

COMMERCIAL AVIATION

avolon | August 22, 2022

Avolon, the international aircraft leasing company, announces that it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft. The transaction comprises the placement of 10 A330neo aircraft from Avolon’s orderbook and 10 A330neo aircraft to be acquired from MAG via sale and leaseback.The aircraft will deliver from 2024 onwards and be powered by Rolls-Royce engines. Avolon has a longstanding relationship with MAG ...