Sion Airport

AEROSPACE

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...

AIR TRANSPORT

Universal Hydrogen | July 22, 2021

Universal Hydrogen, a company that fuels carbon-free flight, and Deutsche Aircraft, a new purpose-driven German aircraft Original Equipment Manufacturer (OEM), today announced a technological partnership to accelerate aviation's decarbonization, a global necessity in the battle against climate change. The two firms will collaborate to conduct a design study for Universal Hydrogen's modular capsule technology to be included in the Dornier 328 project. The joint effort will ...

COMMERCIAL AVIATION

Nova Capital | December 02, 2021

LCI, a leading aviation leasing company, announces an agreement to acquire Nova Capital Aviation (Ireland) Limited, a division of the Nova Capital Group. Nova Capital Aviation (Ireland) Limited represents the twin-engine rotary and fixed-wing aircraft lease division of the Nova Capital Group, with single-engine operations remaining within the Group. The acquisition will result in a substantial expansion of LCI's leasing platform to over 140 twin-engine rotary an...

AIR TRANSPORT

Business Wire | March 24, 2023

Aviation Capital Group LLC (“ACG”) announced the delivery of one new Airbus A320neo aircraft on long-term lease to Spirit Airlines. Powered by the ultra-efficient Pratt & Whitney GTF engines, this is the first of four aircraft scheduled to deliver to the airline from ACG’s order book with Airbus. This is ACG’s first aircraft delivery from Airbus’ facility in Mobile, Alabama. “We are thrilled to be delivering our first new Airbus A320neo ai...