Finance news

Latest Finance news

Great 2019 for Norwegian - higher unit revenue, better on-time performance and lower CO2-emissions

Tailwind Adds Aerospace Welding Minneapolis and Aerospace Manufacturing to Portfolio

Tailwind Technologies has acquired Aerospace Welding Minneapolis and Aerospace Manufacturing, both headed by President Tom Heid, who will continue in that capacity for Tailwind. Tailwind Technologies is the parent company of Hartzell Propeller, Inc. and Hartzell Engine Technologies LLC. &q...

AviaAM Financial Leasing China Acquires Boeing 737-800 with Lease Attached

AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has recently acquired one more Boeing 7...

TECT Aerospace acquired Triumph Nashville Operations

The sale of Triumph Group Nashville based structures assembly operations to TECT Aerospaceis completed, as it continues to execute on its multi-year transformation plan to reshape its portfolio. "In 2019, we made great progress in reshaping our portfolio, reducing costs so that we can invest in our core businesses, and pursuing new growth opportunities," said Dan Crow...

Latécoère to Acquire Bombardier Electrical Wiring Interconnection System Business

Latécoère and Bombardier announced that the companies have entered into a definitive agreement, whereby Latécoère will acquire Bombardier’s electrical wiring interconnection system (EWIS) assets in Querétaro, Mexico. The two companies also concluded a long-term supply agreement that will see Latécoère supply Bombardier with electrical wir...

Air Partner acquires leading global aviation security solutions and training company

Air Partner announced that it has acquired the entire issued share capital of Redline Worldwide Limited, trading as Redline Assured Security, a leading global aviation security solutions and training company. The total consideration payable by Air Partner is up to £10.0 million, on a debt free, cash free basis, with an initial consideration of £8.0 million payable on completi...

First airline to raise funds tied to United Nations Sustainable Development goals

The first airline to secure funding for a project based on its compatibility with the Sustainable Development Goals of the United Nations is Etihad Airways! Through a partnership with First Abu Dhabi Bank and Abu Dhabi Global Market, the airline will borrow 100 million Euros (AED 404.2 million) to support expansion of the Etihad Eco-Residence, a sustainable apartment complex for the airl...

Pratt & Whitney Invests $30 Million in West Virginia Facility for MRO of PW800 Engines

A $30 million US investment announced by Pratt & Whitney in its engine services facility in Bridgeport, West Virginia for the maintenance, repair and overhaul (MRO) of PW800 engines. Specifically, the site will service the market leading PW814GA and PW815GA engines that power the Gulfstream G500 and G600 aircraft, respectively, with the capacity to expand its capabilities to other PW800...

GKN Aerospace $10 million investment in new facility in India

GKN Aerospace will officially open its all-new facility for Electrical Wiring Interconnection Systems (EWIS) in Pune, India. GKN Aerospace India will celebrate this significant milestone with an inauguration ceremony on Wednesday 4th December. GKN Aerospace Leadership, together with State of Maharashtra Government officials, as well as investment partners and customers, will come together to recog...

Dassault Aviation invests Aeronautical Pyrotechnics

Dassault Aviation inaugurated its new pyrotechnic facilities at its Martignas-sur-Jalle site. The inauguration ceremony was led by Eric Trappier, Chairman and CEO of Dassault Aviation, along with site director Pascal Nibaudeau, and was attended by the general secretary of the prefecture of Nouvelle-Aquitaine and Gironde, Thierry Suquet; the president of the Nouvelle-Aquitaine region, Alain Rousset...

CDB Aviation delivered first of Three A330 to Onur Air

CDB Aviation delivered the first of three Airbus A330-343 aircraft to its new airline customer in Turkey, Onur Air. The remaining two aircraft are expected to deliver in the second quarter of 2020. “We are very pleased to have Onur Air join our growing European customer base,” said Peter Goodman, CDB Aviation Head of Commercial Europe, Middle East, and Africa. “These A3...

Accelerated development - Alsim raises more than 2 million euros

The regional investment fund Fonds Pays de la Loire Croissance et Océan Participations joined Alsim’s capital by investing a total amount of €2.1 million Euros. This arrangement allows the company to pursue both its future product development and its, mostly international, commercial development. Founded in 1994 by Jean-Paul Monnin and Jérôme Binachon, Alsim...

12 A330neo and 20 A321XLR aircraft GECAS order

GECAS, the commercial aircraft leasing and financing arm of General Electric, has signed a firm order for 12 highly efficient wide-body Airbus A330neos and 20 long-range single-aisle A321XLRs. The agreement for the A321XLR includes an order for 13 new planes and the upsizing of seven A321s in its existing backlog. The latest order takes the total number of A330 Family aircraft ordered by GECA...

Rostec attracts UAE investor for VR-Technoloiges

During the DAS 2019, Russian Helicopters Holding Company signed with the Emirati Tawazun Holding Company an agreement on the basic terms of the transaction of the purchase of a stake in VR-Technologies. The document was signed by Director General of Russian Helicopters Andrey Boginsky and Director General of Tawazun Tareq&...

World’s first solar-powered drone capable of perpetual flight

The progress, development, innovation... Seams everythings becomes possible! Leonardo is accalerating technologycal progress by investing in the in the world’s first solar-powered drone capable of perpetual flight! Leonardo is investing in Skydweller Aero Inc., a US/Spanish start-up specialising in large-scale solar-powered unmanned air systems. The initiative will res...

Upcoming events

SAF Global Summit 2026

22/09/2026 - 23/09/2026
United Kingdom, London

NBAA Business Aviation Convention & Exhibition 2026

20/10/2026 - 22/10/2026
United States, Las Vegas