The Lee Company

Air Transport

Sarcos Technology and Robotics Corporation | January 02, 2023

Sarcos Technology and Robotics Corporation, a manufacturer of advanced robotic systems in collaboration with Changi Airport Group (CAG), recently demonstrated a jointly developed prototype of an outdoor-based autonomous baggage loading system. The outdoor-based baggage loading system will automate the loading and unloading of loose passenger bags from narrow-bodied aircraft. Singapore’s Changi-Airport witnessed the inaugural field demonstrations of this system in September 2...

Aerospace

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 ...

Air Transport

CDB Aviation | March 02, 2023

On March 01, 2023, China Development Bank Financial Leasing Co., Ltd. an Irish subsidiary, CDB Aviation, announced it has completed the final delivery of five new Boeing 737 MAX 8 aircraft in a series as a part of a leaseback transaction and sale contract with the Sultanate of Oman, Oman Air, the national airline. The aircraft, equipped with CFM Leap 1B27 engines and configured with 12 business class and 150 economy class seats, will support the airline's continuously expand...

Boeing | June 23, 2020

News surfaced today which indicates that Boeing has requested that supplier Spirit AeroSystems reduce 2020’s 737 production to just 72 shipsets, from 125 planned earlier. The news came via Reuters. The Kansas-based manufacturer issued a public statement earlier this month warning of an impending reduction but was unable to disclose the number at the time....