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Aviation International News | February 07, 2020
Dassault Group has reached a deal to sell its 97 percent shareholding in SABCA to a new joint venture between Belgium’s sovereign wealth fund SFPI/FPIM and independent Belgian MRO provider Sabena Aerospace. In a statement released Friday, SABCA chairman and CEO Thibauld Jongen said the proposed acquisition offers a “very exciting perspective” for the future of the Brussels-based OEM that employs some 1,000 staff across three sites in Belgium and one facility in Casablanca, Moro...
Ampaire | November 21, 2022
Ampaire's Eco Caravan, a nine-seat regional aircraft, made its first flight today on a fully-integrated hybrid-electric propulsion system. Ampaire expects it to be the first electrified regional aircraft to enter commercial service (certification in 2024) and the first in a series of larger Ampaire hybrid-electric aircraft that will lead a transition to sustainable aviation.
"Aviation is the hardest industry to decarbonize, Fully-electric aircraft are range ...
Global Crossing Airlines | August 03, 2022
Global Crossing Airlines Group Inc. announces the signing of a definitive agreement with Icelease to convert an Airbus A321 aircraft and lease to GlobalX for a period of eight years. The Aircraft is currently flown by GlobalX in passenger configuration and will be converted at a Precision Aircraft Solutions facility starting in October 2023, and is expected to be placed into freighter revenue service by April 2024. GlobalX helped arrange for the sale of the Aircraft from current lessor Magnetic ...
Platinum Equity | August 19, 2021
Platinum Equity announced today it has completed the acquisition of Unical Aviation Inc. and certain of the company's affiliates ("Unical"), a leading provider of aircraft parts and components to the global commercial aerospace market, from affiliates of the company's founders.
The acquisition includes Unical Aviation, Unical MRO, Unical 145 and Unical Aero. Unical Defense Inc., an affiliate that serves government defense contracts, is not included in the sale to...
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