Palm Aviation FZCO

Air Transport

AvAir | January 24, 2023

On January 23, 2023, one of the leaders in aviation aftermarket industry solutions provider, AvAir, completed an agreement with Sanad, a wholly owned subsidiary of Mubadala Investment Company (Mubadala). The agreement is to provide asset management solutions for a vast assortment of Airbus, Boeing, and Embraer components. In addition, the material is made available for exchange to AvAir's worldwide customers' network. Sanad Group and AvAir will provide one of the world&#...

Aerospace

Archer Aviation Inc | November 16, 2022

Archer Aviation Inc. , a leader in electric vertical takeoff and landing (eVTOL) aircraft, and Garmin , a leading provider of aviation technologies and solutions, today announced they have entered into an agreement for Garmin to supply the G3000® integrated flight deck for Midnight. The Garmin G3000 integrated flight deck offers an ideal solution for the Midnight cockpit. The compact and lightweight system offers both an extensive certification pedigree and the configurability needed for Arc...

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...

PhocusWire | February 18, 2020

Lufthansa Group and Amadeus have renewed their long-term commercial partnership, giving the carrier access to the Altea passenger service system as well as a range of other digital services. While the deal was agreed in principle about a year ago, Amadeus says it has taken time to negotiate various elements included in it. The Altea system will continue to provide its reservations and ticketing technology as well as inventory and disruption management to Lufthansa....