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Commercial Aviation
CDB Aviation | January 05, 2022
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced the completion of deliveries of a fleet of fifteen new Boeing aircraft to U.S.-based United Airlines Holdings, Inc. (“United;” NASDAQ: UAL). The sale and leaseback transaction covered a fleet of two 787-9 Dreamliners and thirteen 737 MAX 8 aircraft, which were delivered between 2020 and 2021. “We want to thank me...
Aviation Technology
L3Harris | October 22, 2021
L3Harris Technologies was awarded an Aviation Week 2021 Program Excellence Award for work on NASA’s Nancy Grace Roman Space Telescope. The Aviation Week Network Program Excellence awards honor aerospace and defense industry programs that create organizational success through quality processes, people development, tools and leadership. This is the first year L3Harris has competed for the award and is being recognized for the optical telescope program in the Supplier System De...
Business Aviation
Saran | November 30, 2021
Safran Aircraft Engines, a world leading engine manufacturer, and Albany International Corp. (NYSE: AIN), a leading developer and manufacturer of engineered composite components, today announced an agreement extending their partnership to the year 2046. Through this new agreement, the two companies declare their intent to work together on the next generation engines and thus contribute to the 2050 net-zero CO2 emissions commitment of the aviation industry. Albany International and...
American Airlines | July 15, 2020
American Airlines' top executives on Wednesday backed efforts to extend billions in federal aid to protect aviation jobs through March as the pandemic's impact on travel threatens tens of thousands of positions. Some $32 billion in federal aid was set aside to protect jobs in the U.S. airline industry, and it prohibited employers from cutting positions through Sept. 30 under the CARES Act relief package that lawmakers passed in March....
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