NORDAM

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...

Aerospace

SpaceLink | October 12, 2022

SpaceLink, a company that provides secure data relay from any orbit, any time, announced it was awarded a contract by NASA Goddard Space Flight Center (GSFC) to study how commercial optical ground terminals will integrate into the Near Space Network. The funded study includes a demonstration of end-to-end transport of multi-source data at the SpaceLink gateway in the Mojave Desert. SpaceLink is creating a TDRSS-like capability in MEO, to significantly increase throughput, provide persisten...

Business Aviation

China Eastern Airlines Global | November 08, 2022

China Eastern Airlines (CEA) signed an engine maintenance contract with Pratt & Whitney on Nov. 5, the opening day of the fifth China International Import Expo (CIIE), which is the first civil aviation purchase order inked at this year's CIIE The contract is for the maintenance of CEA's V2500 engines of over 50 Airbus A320 aircraft, with an estimated contract value that accounts for over 50 percent of the total value of CEA's deals at the annual import-themed trade fair. C...

Aviation Technology

SkyGrid | October 07, 2021

SkyGrid, a Boeing, SparkCognition company, announced today that it has released a new autonomous remote UAV operations capability to allow flight managers and operators to control and execute flights from remote locations. Using artificial intelligence and a broad array of airspace-related data feeds, SkyGrid is enabling safe remote operations for missions involving single and multiple drones. Organizations can use SkyGrid to facilitate routine inspections over an area of interest...