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Boeing | November 14, 2022
Boeing and Silk Way West Airlines have finalized an order of two 777-8 Freighters, with options for two additional airplanes. The two companies announced the agreement at a signing ceremony today at Boeing Commercial Airplanes' Seattle Delivery Center. The Azerbaijani cargo carrier, which serves 40 destinations around the world, is the first customer in the Eurasia region to order the industry's newest, most capable and most fuel-efficient twin-engine freighter. The order was previously ...
Air Transport
CMC Electronics | July 11, 2022
CMC Electronics is pleased to announce that Korea Aerospace Industries has awarded a new contract to CMC for the modernization of the Republic of Korea Air Force fleet of KA-1 trainer aircraft used for advanced mission training and light attack missions. KAI was looking for a best-in-class cockpit upgrade to renew their products and provide ROKAF's KA-1 fleet with more modern avionics with room for growth. Drawing from a long and fruitful business relationship, CMC worked clos...
Gogo | September 01, 2020
Gogo Inc. (NASDAQ: GOGO) ("Gogo") today announced it has entered into a definitive agreement to sell its Commercial Aviation (CA) business to Intelsat S.A. (OTC: INTEQ) ("Intelsat") for $400 million in cash, subject to customary adjustments. The Gogo Board of Directors has approved the transaction. Intelsat expects to finance the transaction utilizing cash on hand and borrowings under its $1 billion debtor-in-possession credit facility and has obtained support from key econom...
PR Newswire | September 12, 2023
Eviation Aircraft, a manufacturer of all-electric aircraft, today announced that Solyu, a leasing company based in Seoul, South Korea, has signed a Letter of Intent (LOI) for 25 commuter Alice aircraft with options for 25 additional aircraft. Solyu is focused on supporting sustainable aviation by providing financing and leasing solutions for the Alice to a global customer base of operators. Read More
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