Sharaf Aviation Services Academy

Commercial Aviation

Boeing | November 15, 2021

As global demand for freighters continues to soar, Boeing [NYSE: BA] today announced plans to add three conversion lines for the market-leading 737-800BCF across North America and Europe. The company also signed a firm order with Icelease for eleven of the freighters as the launch customer for one of the new conversion lines. In 2022, the company will open one conversion line at Boeing's London Gatwick Maintenance, Repair & Overhaul (MRO) facility, its state-of-the-art han...

Business Aviation

Velo3D | August 05, 2022

Velo3D, Inc. a leading metal additive manufacturing technology company for mission-critical parts, announced StarHagen, a provider of high-quality production parts for aerospace companies, has joined the Velo3D Contract Manufacturer Network with the purchase of an end-to-end solution from the additive manufacturing technology company. The Sapphire printer acquired by the company is calibrated to print in Inconel 625, a nickel-based superalloy designed for high-strength, and to resist high temper...

Delta Air Lines | July 14, 2020

Delta Air Lines spent years amassing equity stakes in foreign airlines from the U.K. to Chile to grow internationally and gain sway over those carriers. The coronavirus pandemic has upended those plans and is proving costly as financial turmoil hits airlines around the world. Foreign ownership rules prevent outright purchases of airlines abroad but equity investments and other partnerships have proved popular for carriers eager to gain access to international markets....

United Airlines | June 15, 2020

United Airlines today announced that it plans on using its MileagePlus frequent flyer program as collateral to secure a $5-billion loan, which would enable the company to boast an expected $17 billion in total liquidity by the end of 2020’s third quarter. This figure also factors in an anticipated $4.5 billion to be made available to the carrier through the U.S. government’s ‘Coronavirus Aid, Relief, and Economic Security Act’ (CARES Act) Loan Program, for ...