NOVAE AEROSPACE

BUSINESS AVIATION

KLM | November 04, 2020

KLM announced that, following a signature from the Dutch Airline Pilots Association, it had reached an agreement with all the trade unions over employment conditions until 2025. This should fulfill the government’s requirements for its frozen bailout package. With the Dutch authority’s new advice against all international travel lasting until January, the funds are needed now more than ever....

DEFENSE AND SPACE

BAE Systems | September 09, 2022

BAE Systems has received a $13 million contract for advanced Global Positioning System (GPS) technology to protect U.S. F-15E aircraft from GPS signal jamming and spoofing. The company’s Digital GPS Anti-jam Receiver (DIGAR) will ensure the reliability of military GPS systems for aircraft operating in challenging signal environments.DIGAR uses advanced antenna electronics, high-performance signal-processing, and digital beamforming – a capability that combines 16 steered beams &ndash...

AVIATION TECHNOLOGY

Southwest Airlines Co. | July 29, 2022

Southwest Airlines Co. announced a first-of-its-kind policy and value among major U.S. airlines, eliminating expiration dates on all Southwest® flight credits unexpired on, or created on or after July 28, 2022*. This additional flexibility applies to all currently valid, existing flight credits, with no action required by Customers with flight credit in the bank, and will apply to any new flight credit issued. The ability to retain invested flight credits without expiration is another enhanc...

COMMERCIAL AVIATION

BBAM Limited Partnership | February 07, 2022

BBAM Limited Partnership (BBAM), a world leader in aircraft leasing, announced that it has closed its latest flagship aircraft leasing fund, Incline Aviation II, with total capital commitments of approximately $1.5 billion. A diverse group of institutional investors committed to Incline Aviation II, including some of the world's largest public and private employee pension plans and sovereign wealth funds. The fund attracted a mix of repeat and first-time investors. Read More