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WingX | May 22, 2020
Global business aviation traffic is down by 55 percent year-over-year as the industry continues dealing with the headwinds posed by the Covid-19 pandemic, according to the latest statistics released on Thursday by data provider WingX. In its weekly Global Market Tracker, the company noted that the 113,000 legs flown thus far in May stands in contrast to the 254,000 a year before. On average, 2,600 business aircraft were active each day in May, representing 44 percent of the number usually deploy...
CDB Aviation | May 25, 2022
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited, announced today the signing of new lease agreements with Aerovías del Continente Americano S.A. Avianca (“Avianca”) for two Airbus A330-300 Passenger to Freighter (“P2F”) and one A320neo aircraft.
The new agreements bring the total of CDB Aviation aircraft on lease to Colombia’s flag carrier to 8. In addition to the newly leased aircraf...
L3Harris Technologies | November 02, 2020
L3Harris Technologies (NYSE:LHX) has been awarded a firm-fixed price contract to missionize three new King Air 350ER aircraft for the Canadian manned airborne intelligence, surveillance and reconnaissance (CMAISR) project. The aircraft will be delivered to the Canadian Department of National Defence (DND) as a Foreign Military Sale managed by the U.S. Army, Program Executive Office (PEO) Aviation, Fixed Wing Project Office....
Collins Aerospace | August 31, 2021
Collins Aerospace, a Raytheon Technologies business, has signed a definitive agreement to acquire privately held FlightAware, a leading digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools.
Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals. Following closing, FlightAware will join Collins' Information Management Services portfolio within the company...
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