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Commercial Aviation
cbd aviation | September 07, 2022
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today the delivery of one Airbus A320neo to Turkish Airlines, the flag carrier of Türkiye. The transaction marks the introduction of the inaugural A320neo to the carrier’s fleet. “We are delighted to be leasing Turkish Airlines’ first A320neo, which will contribute toward growing and modernizing the carrier’s flight operations ...
Business Aviation
magniX | November 16, 2021
magniX, the company powering the electric aviation revolution, and Flapper, Latin America's leading on-demand air charter platform, today announced an agreement for Flapper to purchase up to 20 magni650 Electric Propulsion Units (EPUs) for the conversion of Cessna Caravans to electric aircraft, with an expected launch date of 2024. Flapper currently uses Caravan aircraft for its scheduled service in the state of São Paulo, as well as cargo flights across Latin America. ...
Defense and Space
Businesswire | July 06, 2023
Redwire Corporation ,a leader in space infrastructure for the next generation space economy, announced today that it is providing critical hardware set to launch onboard the European Space Agency’s (ESA) Euclid space telescope mission, which will create the largest, most accurate 3D map of the universe ever produced. Redwire’s wholly owned Belgian subsidiary, Redwire Space NV, designed and manufactured the space telescope’s baffle, through a contract with Airbu...
Aviation International News | January 22, 2020
Precision Aviation Group (PAG), an MRO provider and aircraft and helicopter supplier to the civil and defense markets, announced today its acquisition of Toronto-based World Aviation Corporation (WAC). The move expands Atlanta-based PAG’s MRO capabilities in electric motor subcomponent repairs. “Our investment in WAC…will vastly increase the number of capabilities we have to reduce the costs associated with providing MRO services to our customer base,” said PAG president...
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