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Air Transport
DENSO, Honeywell | May 25, 2021
DENSO, a main mobility supplier, has consented to a long-term arrangement with aerospace pioneer Honeywell, setting up a collusion zeroed in on electric propulsion units to meet new aerospace needs. Drawing from their automotive and aerospace backgrounds, the organizations will create and fabricate electric propulsion systems for aircraft, at first focusing on the urban air mobility (UAM) portion with an attention on air taxis and delivery vehicles. DENSO and Honeywell are in cutt...
Business Aviation
Aviation Capital Group | April 13, 2022
Aviation Capital Group LLC (“ACG”) announced today the secured financing of two Airbus A321neo LR aircraft for TAP Air Portugal (“TAP”). This financing marks the fifth use by ACG’s Aircraft Financing Solutions (“AFS”) program of its $650 million secured funding facility. This allowed ACG to provide a senior secured loan to TAP and to partner with Novus Aviation Capital (“Novus”), who provided complementary mezzanine financing. ...
Defense and Space
Aireon LLC | March 13, 2023
Corporación Centroamericana de Servicios de Navegación Aérea (COCESNA), a Central American air navigation service provider (ANSP), has recently signed a contract for three years with Aireon for its top space-based Automatic Dependent Surveillance-Broadcast (ADS-B) data, validating the region's exceptional operational and safety advantages. For COCESNA, which has been evaluating Aireon's data for the last 18 months, the Aireon data will allow the regi...
Aerospace
Globenewswire | April 19, 2023
Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc., today announced that it has partnered with Kuehne+Nagel and SR Technics Group to introduce the “Sustainable Engine Alliance”. Representing a wide range of the aerospace industry, the Alliance pledges to set new industry standards for low-carbon aircraft engine supply chains in line with the Science Based Targets Initiative (SBTi). The alliance members aim to reduce their collective environmental imp...
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